By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Yes AfricaYes Africa
  • Home
  • Economy
    EconomyShow More
    Nigerian HR startup secures new $1.8M seed funding to scale HR-Tech across Africa
    June 24, 2025
    Fintech boom in Nigeria: Opportunities for local and foreign investors
    June 24, 2025
    Nigeria to sign over 30 MoUs with Brazil
    June 24, 2025
    Flutterwave expands in Cameroon with licensed digital payment solutions to drive business growth
    June 24, 2025
    Iran-Israeli tension and its impact on Nigeria
    June 23, 2025
  • Technology
    TechnologyShow More
    Nigerian HR startup secures new $1.8M seed funding to scale HR-Tech across Africa
    June 24, 2025
    Fintech boom in Nigeria: Opportunities for local and foreign investors
    June 24, 2025
    Flutterwave expands in Cameroon with licensed digital payment solutions to drive business growth
    June 24, 2025
    Nigeria signs MoU with Chinese Firm to launch new direct-to-device satellite connectivity
    June 20, 2025
    NIBBS to boost financial inclusion with new payment platform
    June 19, 2025
  • Africa Development
    Africa DevelopmentShow More
    Nigerian HR startup secures new $1.8M seed funding to scale HR-Tech across Africa
    June 24, 2025
    Fintech boom in Nigeria: Opportunities for local and foreign investors
    June 24, 2025
    Nigeria to sign over 30 MoUs with Brazil
    June 24, 2025
    Flutterwave expands in Cameroon with licensed digital payment solutions to drive business growth
    June 24, 2025
    Iran-Israeli tension and its impact on Nigeria
    June 23, 2025
Search

Archives

  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024

Categories

  • Africa Development
  • Economy
  • Technology
  • Privacy Policy
  • Advertise
  • Careers
  • About Us
  • Contact
© 2024 YesAfrica Company. All Rights Reserved.
Reading: NUPRC unveils new guidelines to drive transparency in crude oil export
Share
Sign In
0

No products in the cart.

Notification Show More
Aa
Yes AfricaYes Africa
0
Aa
  • Economy
  • Africa Development
  • Technology
Search
  • Home
  • Technology
  • Africa Development
  • Economy
  • Bookmarks
Have an existing account? Sign In
Follow US
  • Privacy Policy
  • Advertise
  • Careers
  • About Us
  • Contact
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Yes Africa > Blog > Africa Development > NUPRC unveils new guidelines to drive transparency in crude oil export
Africa DevelopmentEconomy

NUPRC unveils new guidelines to drive transparency in crude oil export

Christabel Airo
Last updated: 2025/06/19 at 12:00 PM
Christabel Airo
Share
2 Min Read
SHARE

New rules have been released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) with the goal of improving accountability, efficiency, and transparency in Nigeria’s export of crude oil and petroleum products.

The recommendations are intended to improve the cargo declaration system and expedite export procedures. They were released per the Nigerian Upstream Petroleum Advance Cargo Declaration Regulation 2024.

The commission’s Public Affairs Unit said in a statement on Wednesday that the new framework creates a strong mechanism for registering and monitoring crude oil and petroleum product exports.

The rules govern the export of crude oil, natural gas, natural gas liquids, and petroleum products from all terminals and export sites nationwide and apply to all licenses and leases granted or maintained under the Petroleum Industry Act (PIA) 2021.

- Advertisement -

The new system also requires exporters to use NUPRC’s digital platforms to secure a Unique Identification Number (UIN), export authorisation, and vessel clearance before shipping.  Before issuing clearance notices integrated with the UIN to facilitate efficient tracking, the commission will confirm exporters’ identities and export volumes.

The UIN must also be included in all export documents, including the container manifest, bill of lading, and certificate of origin, in order to guarantee traceability and regulatory compliance. To facilitate the smooth monitoring and reconciliation of export operations, the commission described its Advance Cargo Declaration Portal as a real-time, technologically advanced system that interfaces with other government export

TAGGED: nigeria, Trending News
Share this Article
Facebook Twitter Copy Link Print
Share
Previous Article NIBBS to boost financial inclusion with new payment platform
Next Article FG raises N4.01 billion from June 2025 savings bond offer
Leave a comment Leave a comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
- Advertisement -

Latest News

Nigerian HR startup secures new $1.8M seed funding to scale HR-Tech across Africa
Africa Development Economy Technology June 24, 2025
Fintech boom in Nigeria: Opportunities for local and foreign investors
Africa Development Economy Technology June 24, 2025
Nigeria to sign over 30 MoUs with Brazil
Africa Development Economy June 24, 2025
Flutterwave expands in Cameroon with licensed digital payment solutions to drive business growth
Africa Development Economy Technology June 24, 2025
//

We influence 20 million users and is the number one business and technology news network on the planet

Yes AfricaYes Africa
Follow US

© 2024 YesAfrica. All Rights Reserved.

  • Privacy Policy
  • Advertise
  • Careers
  • About Us
  • Contact
Welcome Back!

Sign in to your account

Register Lost your password?