nnpc allocation verification

6. Quantity: 900 Million Barrels Price : FOB ($14 Gross / $10 Net ) / CIF ($12 Gross /$ 9 Net) *Buyer Receives Allocation License from NNPC Allottee and verify/ confirm the Allocation through their Refinery the Available products Allotted for sale through the Shell managed Terminal in Shell Database, London. The benefits of such discounts are normally shared with certain buyers who qualify for such special deals by our allocation holders. Crude Oil,blco Opec Bulk Allocation 900M by Kingdom Wealth ... Step #2: Scroll below for NNPC Shortlist or Ask us to send you the Complete PDF list. State in a Sketch Form what your want. We also have AGO Direct NNPC Allocation Papers available for buyer verification. However, NNPC has privileged allocations' program, which allows certain key individual allocation holders receive the BLCO at a special discounted price. The acquisition of an allotment to sell Nigerian Oil is issued by the NNPC directors, usually upon request of a high ranking politician. 3. seller submit documents to nnpc for verification and confirmation. According to the details of the query, OAuGF observed that from the "examination of NNPC mandates to CBN on Domestic Crude Oil Sales and Reconciliation Statement of Technical Committee of Federation Account Allocation Committee (FAAC) meeting held in January, 2014 that a total sum of N3,234,577,666,791.35 was not remitted to the Federation . Steps To Check NNPC List of Shortlisted Candidates 2020 PDF. If it's an NNPC allocation, you can ask the AGO seller to present the vessel name and IMO number for tracking purposes. Seller confirms instrument through his bank. Step #3: Control 'F' to input your name. Step #1: Login to your E-Mail or Visit this website careers.nnpcgroup.com. The Nigerian National Petroleum Corporation, NNPC, Sunday, warns Nigerians to be wary of scammers who parade as officials of the corporation defrauding people with fake crude oil allocation contract. Nigeria National Petroleum Corporation. THE Organisation of Petroleum Exporting Countries, OPEC, Monday, disclosed that Nigeria produced 315,000 bpd, indicating a drop of 20.27 per cent below its new 1.554 million barrels per day, mb/d . The corporation said this in a letter to the accountant-general of the federation, on Tuesday, a copy of which was seen by TheCable. NNPC Allocation Verification (ATS/POP)-NEED TO KNOW INFO: Published on April 13, 2015 April 13, 2015 • 3 Likes • 2 Comments i am the financial controller in the nigerian national petroleum corporation (nnpc) here in lagos, my colleagues have assigned me to seek assistance of a reliable foreign company or an individual through whom we can transfer the sum of us$30,000,000 (thirty million u.s. dollars) which arose from the deliberate over-invoicing of some contracts . The Nigerian National Petroleum Corporation (NNPC) has disclosed that its projected monthly remittance to the Federation Accounts allocation committee (FAAC) for May will be zero. Reps Summon NNPC Boss, Emefiele over Alleged Unremitted N3.2trn, Others. Scam Alert. The House of Representatives has summoned the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari; and the Governor of the Central Bank of Nigeria, Godwin Emefiele, over non-remittance of $19.25bn (approximately N3.24tn) revenue that accrued from sales of crude oil in 2014. 3. The AuGF query to the NNPC read, "During the examination of Subsidy records provided by the Federation Account and Allocation Committee, it was observed that the total subsidy paid during the . We do not need a LOI - just tell us what you want. COMD/NNPC - 5 - February 11 1.3 Only basic sediments and water (BS&W) ascertained at the loading Terminal shall be deducted in computing the net quantity of the Crude Oil loaded and certified in the bill of lading. This article is to help inform a real buyer of the registration procedure required to be able to start the buying process. The Nigerian National Petroleum Corporation (NNPC) is an OPEC registered nation and it abides by its rules and regulations. *OPEC Allocation*. NNPC program Allocation in Buyers favour and release documents to be verify with NNPC registered Agencies e,g POP,ATS, Certificate of Allocation, . After positive verification of the Allocation where applicable Buyer will release, Valid CPA, Q88, ATL, and Chartered Invoice/Receipt or Proof of Ownership then and release Two Hundred and Forty . California-Great Basin Region Reclamation awards $80,000 in prize competition seeking to improve reliability in hydropower facilities. flow stations/platforms and jetties, etc. The AuGF query to the NNPC read, "During the examination of Subsidy records provided by the Federation Account and Allocation Committee, it was observed that the total subsidy paid during the year 2016 was N443,940,559,974.80. i. that NNPC received 445,000 barrels of crude oil, an average of 50% of the Federation Crude, for domestic purposes when the refineries can hardly refine 50% of this quantity at best of times. The House of Representatives has issued a summon on the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, and the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over the alleged non-remittance of $19.25bn (about N3.24 trillion) revenue that accrued from sales of crude oil in 2014. November 16, 2020. Nigerian News - The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), says on-going monitoring and verification exercise on tax collecti Meanwhile, the Senator Bukola Saraki-led National Assembly had also in 2018 vowed to investigate the diversion of the dividend by the NNPC. The Corporate Affairs Commission (CAC) says the Nigerian National Petroleum Company Limited has made history by becoming the company with the highest share capital in the country. You need to login/register to contact this company Important information. He said that reconciliation had been going on with the Federation Account Allocation Committee, FAAC, and that after the first meeting, the groups discovered that the outstanding payment was about $10.8 billion against $49.8 billion announced . Upload and fill in the NNPC Application form for vendors. QUALITY/ PRODUCT: Nigerian Light Crude Oil, NNPC Export Standard. See the complete profile on LinkedIn and discover Emmanson's connections and jobs at similar companies. QUANTITY: Trial - 2 million barrels and next 10,000,000 barrels Monthly +/-5% for One (1) year with an Option of Roll and Extension. 4. 190, GARKI- ABUJA, NIGERIA INVITATION TO TENDER ("ITT") FOR THE 2019 - 2020 DIRECT SALE OF CRUDE OIL AND DIRECT PURCHASE OF PETROLEUM PRODUCT (DSDP) 1. The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has insisted that its on-going monitoring and verification exercise on tax collections by Deposit Money Banks appointed by the Federal Inland Revenue Service (FIRS) and the Nigeria Customs Service was in order. The House of Representatives has summoned the Group Managing Director of Nigerian National Petroleum Corporation (NNPC) Mele Kyari, and Governor of Central Bank of Nigeria (CBN) Godwin Emefiele over a non-remittance of N3.235 trillion ($19.253 billion) revenue accrued from . Our company provides global solutions in the sales and facilitation of crude oil; our company is a worldwide organization that trade in crude oil in Nigeria.We have a partnership with NNPC/PPMC to market petroleum products, by way of allocations which are properly documented with informations available for verification at the Abuja and London . *OPEC Allocation*. Contact this Company. House Of Reps. Summons CBN Governor, NNPC GMD, Over Missing N3.2 Trillion, Demands Names Of Contractors, Amount Paid For Maintenance. The Nigerian National Petroleum Corporation on Tuesday warned oil sector operators about the activities of conmen specialising in circulating forged letters of crude oil allocation with the intent . This way, AGO buyers in Nigeria can know if the vessel exists since the proof of product for an NNPC vessel can't easily be verified. View Emmanson GODSWILL'S profile on LinkedIn, the world's largest professional community. Carry out inspection of Crude Oil production and shipping facilities i.e. 2 NNPC is retaining more DCA revenues over time; the Federation is receiving less. 2. The Nigerian National Petroleum Company (NNPC) Limited will again make a deduction of roughly N200 billion from the joint federal, state, and local government account when the Federation Account Allocation Committee (FAAC) meets later this month to share the statutory monthly allocation. NNPC TOWERS, HERBERT MACAULAY WAY, P.M.B. These allotments are only given to those that have proven . - Proof of product/Cargo Ref # - Export permit license # - Bulk approved MPR # - Quantity (per quarter) - Sometimes the Stem Number Thank you Kelvin Tunde And there is fee to be paid for . Buyer returns signed contract with LETTER OF INTENT ADDRESSED TO NNPC COPIED PPMC THRUGH THE SELLER WITH BANK CAPABILITY LETTER/BANK COMFORT LETTER from the Buyer's bank without disclaimer together with POF/LC and Letter of Authority to verify fund. Although Kyari is yet to appear before the lawmakers on the NLNG matter, he had denied the allegation elsewhere. 320) to engage in all commercial . EarthLink is an award-winning Internet Service Provider offering reliable, high-speed internet and America's largest and best Mobile phone service. ii that it procured the crude oil at $18 dollars per barrel and exported the unprocessed domestic crude at the prevailing market far above the fixed . We also have AGODirect NNPC Allocation Papers available for buyer verification. INTRODUCTION: Nigerian National Petroleum Corporation (NNPC) is empowered pursuant What do we verify? Quantity: 900 Million Barrels Price : FOB ($14 Gross / $10 Net ) / CIF ($12 Gross /$ 9 Net) *Buyer Receives Allocation License from NNPC Allottee and verify/ confirm the Allocation through their Refinery the Available products Allotted for sale through the Shell managed Terminal in Shell Database, London. Contracts always require blocked funds and are advised by a top 25 bank before the vessel is even . Avoid scams and never pay with Western Union, Moneygram or any other payment . Share on Tweet. 5. 190, GARKI- ABUJA, NIGERIA INVITATION TO TENDER ("ITT") FOR THE 2021 - 2022 DIRECT SALE OF CRUDE OIL AND DIRECT PURCHASE OF PETROLEUM PRODUCT (DSDP) 1. The House of Representatives has issued a summon on the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, and the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over the alleged non-remittance of $19.25bn (about N3.24 trillion) revenue that accrued from sales of crude oil in 2014. (For Nigeria, the NNPC, which stands for the Nigeria National Petroleum Corporation, is a Federal government-owned company that administers the buying and selling of petroleum, including giving allocation to genuine sellers of the crude oil in Nigeria). wysenas: Is it Lpfo NNPC allocatn papers u are talking about?if yes,i need d hard copy,my buyer will load by himself.i have POF with me now IF YOU ARE READY,BUYER OR VERY CLOSE TO BUYER THEN STATE IF YOU CAN GET THE PRODUCT AT TOGO WATERS/COTONOU WATERS NNPC ALLOCATION PFI : 25911 FOR HALLMARK ENERGY chiluckus2@yahoo.co.uk 08087534287 NNPC Allocation Verifiaction (ATS/POP) -NEED TO KNOW INFO . If you are a buyer wishing to Buy BLCO from Verified Sellers these are the procedures:. Upon confirmation of fund Seller gives Buyer Soft copy of allocation for verification. It said that its crude oil allocation programme follows strict procedures, processes and standards. This is why it is important to ensure the crude oil seller is made to post a performance bond, possibly upfront after the buyer has proven he has the money. 1). Register to Buy BLCO from Verified Sellers. a passport and an introduction letter from the buyer to get in the door and get the verification done. Thank you Kelvin Tunde QUANTITY: Trial - 2 million barrels and next 10,000,000 barrels Monthly +/-5% for One (1) year with an Option of Roll and Extension. 2. "NNPC ALLOCATION VERIFICATION" ( All you need to know Published on April 29, 2016 April 29, 2016 • 5 Likes • 0 Comments Therefor the seller has to charter a vessel and cover insurance to safely deliver the cargo. The House of Representatives has issued a summon on the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, and the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over the alleged non-remittance of $19.25bn (about N3.24 trillion) revenue that accrued from sales of crude oil in 2014. Reclamation selected seven teams to share $80,000 in prize awards as phase one winners in the Automated Maintenance of Protection Systems Challenge. Where a company has the interest to purchase crude oil in Nigeria, such company may approach NNPC for such transaction. INTRODUCTION: Nigerian National Petroleum Corporation (NNPC) is empowered pursuant by the NNPC Act (LFN Cap. The Case for Eliminating the Domestic Crude Allocation The reasons for the DCA's elimination are: 1 The DCA's design has little bearing on its current use. Thank you Kelvin Tunde Email: senkelvinengineering@yahoo.com Tell/WhatsApp: +2347011047117. The latter two of these POP and Allocation documentation are not verifiable anywhere in the world with any degree of consistency. The AuGF query to the NNPC read, "During the examination of subsidy records provided by the Federation Accounts and Allocation Committee, it was observed that the total subsidy paid during the year 2016 was N443,940,559,974.80. buyer shall return documents attached with non-circumvention and non-disclosure agreement (ncnda) and irrevocable or master fee protection agreement (imfpa) nnpc issue official approval letter of invitation to verify allocation details in the tower to the buyer. You can make the payment with the online transfer, quick cashier and POS terminals at NipeX office. By AdvocateNews on 16/11/2020. The OAuGF, in its report for 2014, said from the examination of NNPC mandates to the CBN on Domestic Crude Oil Sales and Reconciliation in the Statement of Technical Committee of Federation Account Allocation Committee meeting held in January 2014, it showed that 'a total sum of N3 . THE PROCESS OF BUYING NNPC OFF-OPEC NIGERIAN CRUDE OIL The acquisition of an allotment to sell Nigerian Oil is issued by the NNPC directors, usually upon request of a high ranking politician. Include the monthly amount in Barrels QUALITY/ PRODUCT: Nigerian Light Crude Oil, NNPC Export Standard. The chairman of the committee, Senator Mathew Urhoghide, has summoned the management of the NNPC to explain the expenditure it made without budgetary provision. 4. An analysis of the document detailing the presentation of the national oil company […] For instance, the companies who bidded for the 2018/2019 OPEC allocations are yet to be awarded as at August 2018. Genuine OPEC crude oil sellers in Nigeria are given allocations from the NNPC, which is the body that regulates the Nigerian petroleum industry. In its report for 2014, the OAuGF stated that from the examination of NNPC mandates to the CBN on Domestic Crude Oil Sales and Reconciliation in the Statement of Technical Committee of Federation Account Allocation Committee meeting held in January 2014, it showed that a total sum of N3,234,577,666,791.35 was not remitted to the Federation . The summons . This is because the Nigerian National Petroleum Corporation (NNPC) has disclosed that its projected monthly remittance to the federation accounts allocation committee (FAAC) for May will be zero. Now here is the sad truth - our off-OPEC buyers are constantly asking for ATS, allocation letters and POP. . NNPC does not give OFF-OPEC allocations and so any ATS (Authority To Sell) and PPOP (Partial Proof Of Product) showing that the seller has been given a bulk allocation is fake. 4 NNPC spending out of the DCA delivers poor value for money . Follow these steps to register: 1. The House of Representatives has summoned the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari; and the Governor of the Central Bank of Nigeria, Godwin Emefiele, over non-remittance of $19.25bn (approximately N3.24tn) revenue . Generate data on Crude Oil activities in the country. There is a current growing global trend of cyber-crime and unfortunately in the case of Nigeria, the NNPC is prime target for use as a cover story in many of the instances. Quantity: 900 Million Barrels Price : FOB ($14 Gross / $10 Net ) / CIF ($12 Gross /$ 9 Net) *Buyer Receives Allocation License from NNPC Allottee and verify/ confirm the Allocation through their Refinery the Available products Allotted for sale through the Shell managed Terminal in Shell Database, London. 7. Kyari, who has yet to appear before the lawmakers on the NLNG matter, had denied the allegation elsewhere. The AuGF query to the NNPC read, "During the examination of subsidy records provided by the Federation Accounts and Allocation Committee, it was observed that the total subsidy paid during the year 2016 was N443,940,559,974.80. NAPIMS is a partner in the Joint Venture (JV) assets and the Concessionaire in the Production Sharing Contract (PSC) arrangements. Steps #4: Note all the items, that Shortlisted Candidates are to . Over the years, we have noticed that many people have different understanding of what we are, what we do and certainly how we operate; hence, we have decided to write-out and display the correct roles, responsibilities and oversight functions of NAPIMS to the general public, so as to avoid any further misunderstandings of our actions. The first step to verify the authenticity of a crude oil seller then, is to ask to get their allocation details for verification. We have found the only pathway to verify a NNPC Approved Fiduciary's ATS letter. Reps summon NNPC boss, Emefiele, allege N3.2tr unremitted funds. *OPEC Allocation*. The committee took the decision based on the 2016 report of […] Views: 859 Mele Kyari. This implies that the three tiers of government, federal, states and local governments, are in for tough times next month as they may get less from the Federation Account. A2 Annex A. *OPEC Allocation*. This is an expense usually covered by the Allottee's Financier. The NNPC has been empowered pursuant to the NNPC Act (LFN CAP 320) to engage in all commercial . Emmanson has 1 job listed on their profile. The OAuGF, in its report for 2014, said from the examination of NNPC mandates to the CBN on Domestic Crude Oil Sales and Reconciliation in the Statement of Technical Committee of Federation Account Allocation Committee meeting held in January 2014, it showed that 'a total sum of N3,234,577,666,791.35 was not remitted to the Federation Account . Buhari Receives NNPC Ltd's Certificate Of Incorporation From CAC. Now, the NNPC does not give out OFF-OPEC allocations, but financially capable and well-connected companies have the ability to purchase oil from the NNPC without having an OPEC allocation. The Registrar General of the Corporate Affairs Commission, Alhaji Garba Abubakar revealed this . After verification of availability of cargo in the name of seller from NNPC, buyer issues SBLC for bulk allocation of … million barrels to seller. Joe Igbokwe has said that The Church is the problem of Nigeria, not the Mosque. Pay 25,000 Naira to NipeX account indicated on the App form (Vendors with valid registration on NNPC must not pay this year). November 21, 2021. While Nigerians hope the NNPC will one day answer this, the corporation spent at least $4.57bn on lifting crude for petrol outside the DSDP deal for daily crude allocation between July 2018 and . CIF is a shipping term which means that the seller is delivering the oil to your port. 3 NNPC administers the DCA with few rules and weak oversight, causing confusion. He said that reconciliation had been going on with the Federation Account Allocation Committee, FAAC, and that after the first meeting, the groups discovered that the outstanding payment was about $10.8 billion against $49.8 billion announced . Scam Alert. The office of the Auditor General of Federation (OAuGF), in its report for 2014, said from the examination of NNPC mandates to the CBN on Domestic Crude Oil Sales and Reconciliation in the Statement of Technical Committee of Federation Account Allocation Committee meeting held in . Collaborate with Nigeria National Petroleum Corporation (NNPC) and its Joint Venture Contract (JVC) partners on the cost of Crude Oil production. The lawmakers referenced a document submitted by the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) accusing NNPC management of 'illegal withdrawals from the NLNG's dividends account'. The audit query, from the oAuGF states that from the "examination of NNPC mandates to CBN on Domestic Crude Oil Sales and Reconciliation Statement of Technical Committee of Federation Account Allocation Committee (FAAC) meeting held in January, 2015, a total sum of ₦3,234,577,666,791.35 was not remitted to the Federation Account by NNPC . Senate Public Accounts Committee on Wednesday berated the Nigerian National Petroleum Corporation for paying N443bn without the National Assembly's appropriation. NNPC Allocation Verification (ATS/POP)-NEED TO KNOW INFO: What is a POP? Quantity: 900 Million Barrels Price : FOB ($14 Gross / $10 Net ) / CIF ($12 Gross /$ 9 Net) *Buyer Receives Allocation License from NNPC Allottee and verify/ confirm the Allocation through their Refinery the Available products Allotted for sale through the Shell managed Terminal in Shell Database, London. then, check for any shaded Area to see if it is your name. • Planning and allocation of land/onshore acreages for Oil wells, buildings and other facilities to facilitate drilling and other… NPDC is a strategic business unit of Nigerian National Petroleum Corporation (NNPC) responsible for exploration, exploitation and production of crude oil and natural gas. The NNPC wishes to state categorically that it neither sells its crude oil through agents nor does it carry out any spot sales. The commission said this falls within its mandate as contained in Section 6(1) of the… We also have AGODirect NNPC Allocation Papers available for buyer verification. NNPC Releases 2019 Audited Financial Statement, Reduces Loss by 99.7% Barely five months after publishing its 2018 Audited Financial Statement, the Nigerian National Petroleum Corporation (NNPC) . NIGERIAN NATIONAL PETROLEUM CORPORATION NNPC TOWERS, HERBERT MACAULAY WAY, P.M.B. 1.4 Unless otherwise agreed, the measurements, sampling and testing of each delivery NOTE: There's an automatic waiver for reassignment fees once the instrument covers the whole allocation. It further wishes to emphasize that there is absolutely nothing like "Presidential", "Task Force", "Ministerial", "Diplomatic" or any other form of special or privileged allocation, which can be peddled by hawkers or anyone. The NNPC is expected to make its own presentation before the Senate committee on February 13, 2014. . Indeed over the years, several scams have been perpetuated on victims all over the world by unsavoury characters purporting to be bona fide staff . The NNPC is expected to make its own presentation before the Senate committee on February 13, 2014. . NAPIMS is neither an operator nor a regulatory body of the industry, contrary to the notion held by some sector of the public; rather, NAPIMS manages the Federal Government of Nigeria (FGN) interests in the oil and . The House of Representatives has issued a summon on the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, and the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over the alleged non-remittance of $19.25bn (about N3.24 trillion) revenue that accrued from sales of crude oil in 2014. What is included in a standard POP is?
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