ACCOUNT INFORMATION FOR VARIOUS NUPRC PAYMENTS, OPERATIONS, AND SERVICES.
| S/N | Payment Description | Designated Account For Payment | Account No | Designated Bank/Swift Code/Aba Code & Beneficiary | Bank Draft |
|---|---|---|---|---|---|
| 1 | (a) Royalty on Oil (US$) (b) Royalty on Condensates (US$) (c) Royalty on Modify Carry Agreement (MCA) (US$) | Central Bank of Nigeria (CBN) Joint Venture Royalty | 802906875 | BANK NAME: JP Morgan Chase Bank, New York, USA SWIFT CODE: CHASUS 33 ABA CODE: 021000021 BENEFICIARY: Federation Account with CBN | Not Applicable |
| 2 | (a) Royalty on Gas Sales (US$) (b) Royalty on Gas Sales (NGN ₦) (c) Royalty on Natural Gas Liquids Sales (US$) | Central Bank of Nigeria (CBN) Gas Royalty Account Name (₦) - Gas Sales Royalty Banker : CBN, Abuja | 802906891 Naira Account : 0020150961018 | BANK NAME: JP Morgan Chase Bank, New York, USA SWIFT CODE: CHASUS 33 ABA CODE: 021000021 BENEFICIARY: Federation Account with CBN | Not Applicable |
| 3 | Royalty on Production Sharing Contract (US$) | Central Bank of Nigeria (CBN) PSC Royalty | 802906883 | BANK NAME: JP Morgan Chase Bank, New York, USA SWIFT CODE: CHASUS 33 ABA CODE: 021000021 BENEFICIARY: Federation Account with CBN | Not Applicable |
| 4 | Gas Flared Penalty (US$) | Central Bank of Nigeria (CBN) Gas Flared Penalty | 802906909 | BANK NAME: JP Morgan Chase Bank, New York, USA SWIFT CODE: CHASUS 33 ABA CODE: 021000021 BENEFICIARY: Federation Account with CBN | Not Applicable |
| 5 | (a) Concession Rentals US$ (OPL & OML) (b) Renewal of Lease US$ (OPL & OML) (c) Conversion of OPL to OML US$ (d) Assignment of Interests US$ (e) Consent for Acquisition of Pioneer Natural Resources US$ | CBN/Accountant General/FGN | 802906917 | BANK NAME: JP Morgan Chase Bank, New York, USA SWIFT CODE: CHASUS 33 ABA CODE: 021000021 BENEFICIARY: Federation Account with CBN | Not Applicable |
| 6 | (a) Application to Establish Refinery US$ (b) Application to Establish Gas Plant US$ (c) Application to Establish Fertilizer Plant US$ (d) Application to Operate Gas Plant US$ (e) Application to Expand Gas Plant US$ (f) Application for LNG Plant US$ (g) LNG Train Project US$ | Central Bank of Nigeria (CBN)Miscellaneous Oil Revenue | 802906925 | BANK NAME: JP Morgan Chase Bank, New York, USA SWIFT CODE: CHASUS 33 ABA CODE: 021000021 BENEFICIARY: Federation Account with CBN | Not Applicable |
| 7 | (a) Bunkering | Central Bank of Nigeria (CBN)Miscellaneous Oil Revenue | 802906925 | BANK NAME: JP Morgan Chase Bank, New York, USA SWIFT CODE: CHASUS 33 ABA CODE: 021000021 BENEFICIARY: Federation Account with CBN | Not Applicable |
| (b) Oil industry Service Company Permits (All Categories) | FGN (NUPRC Fees Account) | No.3000023072 | Not Applicable | ||
| 8 | Fines/ Penalties/ Contraventions US$ | Central Bank of Nigeria (CBN)Miscellaneous Oil Revenue | 802906925 | BANK NAME: JP Morgan Chase Bank, New York, USA SWIFT CODE: CHASUS 33 ABA CODE: 021000021 BENEFICIARY: Federation Account with CBN | Not Applicable |
| 9 | Bid Round Fees (a) Application Fees US$ | Central Bank of Nigeria (CBN) Independent Revenue Account | 400939134 | BANK NAME: JP Morgan Chase Bank, New York, USA SWIFT CODE: CHASUS 33 ABA CODE: 021000021 BENEFICIARY: Federation Account with CBN | Not Applicable |
| (b) Processing Fees (c) Data Leasing / Evaluation Report Fees | NUPRC NPD MoU Fund Account | 261520003952 | BANK NAME: Citi Bank SWIFT CODE: CITIUS33 ABA CODE: 021000089 BENEFICIARY: Diamond Bank Plc | Not Applicable | |
| 10 | Signature Bonus | Central Bank of Nigeria (CBN) Accountant-General FGN | 400225220 | BANK NAME: JP Morgan Chase Bank, New York, USA SWIFT CODE: CHASUS 33 ABA CODE: 021000021 BENEFICIARY: Federation Account with CBN | Not Applicable |
| 11 | FGN/NUPRCCommission From Speculative Data Companies: MABON/VERITAS/PGS/TATNET | Central Bank of Nigeria (CBN) FGN Independent Revenue Account | 400939134 | BANK NAME: JP Morgan Chase Bank, New York, USA SWIFT CODE: CHASUS 33 ABA CODE: 021000021 BENEFICIARY: Federation Account with CBN | Not Applicable |
PETROLEUM (DRILLING AND PRODUCTION) (AMENDMENT) REGULATIONS, 2019
LIST OF AFFECTED DOLLARISED ITEMS
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Open in new tab Remitters should always ensure to:
a) Notify NUPRC before making payments into the offshore accounts and;
b) Subsequently notify NUPRC with copies of the payment receipts, forwarded to EC, ER & SP, NUPRC 7, Sylvester Ugoh Street, Jabi, Abuja FCT
For companies on regular payment schedule such as Royalty and Ground rent, the payments can be made normally and the advice also forwarded to EC, ER & SP, NUPRC
