ABUJA, NIGERIA — June 18, 2025 | By IDNN Energy Desk
Nigeria’s oil regulator has unveiled a major shift in export policy with the Nigerian Upstream Petroleum Advance Cargo Declaration Regulation, requiring real-time tracking for all oil shipments—a first of its kind in West Africa. The move, announced on June 18, 2025, mandates exporters to obtain permits, vessel clearance, and a unique identification number to monitor cargo movements electronically
CRACKDOWN ON PIPELINE THEFT & UNDER-DECLARATION
The previous system allowed under-reporting and theft due to the lack of tracking infrastructure. Energy lawyer Ayodele Oni from Lagos-based Bloomfield Law applauded the change, noting:
“The previous system was not equipped for real-time tracking… leading to revenue losses,” Oni said.
The new framework obligates exporters to submit detailed cargo information—including consignee, destination port, tonnage, and arrival estimates. Non-compliance may attract fines up to $20,000 per violation
BOOSTING TRANSPARENCY AND ACCOUNTABILITY
The regulation is seen as a decisive step toward greater transparency, accountability, and efficiency in Nigeria’s petroleum sector. It aims to restore integrity at export terminals and clamp down on revenue leakages reuters.com
Analysts expect the regulation will:
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Seal loopholes in cargo declaration
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Reduce pipeline vandalism
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Enhance government revenue collection
Implementation is now mandatory for all upstream oil producers and is expected to be enforced immediately.