2012 Hajj Operations: Purchase of Pilgrims Travelling Allowance (PTA) in Saudi Riyal Travellers' Cheques

ANK OF NIGERIA
Corporate Head Office Central Business District P.M.B. 0187, Garki, Abuja, FCT TRADE AND EXCHANGE DEPARTMENT 09 46237800 09 46237811 E-mail address:ted@cenbank.org TED/FEM/FPC/GEN/01/021 September 13, 2012 TO: ALL AUTHORISED DEALERS AND GENERAL PUBLIC 2012 HAJJ OPERATIONS:
PURCHASE OF PILGRIMS TRAVELLING ALLOWANCE (PTA) IN SAUDI RIYAL TRAVELLERS' CHEQUES (SRTCs) Authorised Dealers and the general public are hereby notified of the following arrangements for 2012 Hajj operations:

1. The Federal Government has approved for intending pilgrims, a concessionary exchange rate of ₦145.00 to the US Dollar for amount of Pilgrims Travelling Allowance (PTA) between US$750.00 and US$1,000.00.

2. Each pilgrim is entitled to purchase Saudi Riyal Travellers' Cheque (SRTCs)
   equivalent of a minimum of US$750.00 and a maximum of US$1,500.00 as PTA.

3. For pilgrims buying SRTC above the US$1,000.00, the difference shall be bought at the prevailing Naira exchange rate to the US Dollar on the day of the purchase.

4. No commission shall be charged by the banks for the sale of SRTCs to the intending pilgrims.

5. The Central Bank of Nigeria will commence the issuance of SRTCs to the designated banks from 13th September, 2012, at the CBN Branches in Lagos and Abuja. The accounts of the respective banks shall/be debited as soon as the funds are disbursed.

L BANK OF
6. Each designated bank is required to sell to the CBN the unutilised SRTCs not later than two (2) weeks from the date of the last inward flight to Nigeria from Jeddah, Saudi Arabia upon reconciliation of the transactions with the CBN and the accounts of the banks shall be credited promptly.

7. The approved schedule showing the distribution of the pilgrims expected to perform the 2012 Hajj and the designated banks that will handle the sales of the PTA to the pilgrims in each state of the Federation, the Federal Capital Territory (FCT) and the

Armed Forces is stated below for guidance.
S/N	STATE	2012	NAMES OF BANKS	REMARKS
ALLOCATION
1	ABIA	75	Union Bank Plc, Umuahia
	Branch
2	ADAMAWA	2,427	Zenith Bank Plc Yola,
	Branch
3	AKWA	73	UBA Plc Aka Rd Uyo
IBOM
4	ANAMBRA	90	Fidelity Bank Awka
	Anambra
5	BAUCHI	3,677	Fin Bank Plc 19/23 Jos
	Road, Bauchi	Further details to
6	BAYELSA	130	be provided by
	NAHCO
7	BENUE	Unity Bank Plc New
	510	Bridge Road Makurdi
8	BORNO	3,299	UBA Plc Baga Rd 1
	Branch Maiduguri
9	CROSS	୧୦	First Bank Plc Calabar
RIVER	Main
10	DELTA . .	140	Main Sreet Bank Asaba
	Branch
11	126	Union Bank Abakaliki
EBONYI	Ebonyi
12	EDO	340	UBA Plc Akpakpava Road
	Benin City
13	EKITI	302	Ecobank Plc Ekiti Branch
14	ENUGU	gg	UBA Enugu Main
15	FCT	2,916	Unity Bank Plc
	Gwagwalada Abuja
16	GOMBE	2,503	Unity Bank Plc Gombe
17	IMO	90	UBA Plc Douglas Road
	Owerri
18	3,240	Sterling Bank Dutse
JIGAWA	Branch

	3
19	KADUNA	7,491	Unity Bank Plc
	Nagwamatse House
	Branch, Kaduna
20	KANO	6,969	Unity Bank Plc Sani
	Abacha Way Kano
21	KATSINA	5,970	Keystone (2970),UBA
	(3000) Kastina Branch
KEBBI	5,630	Zenith Bank Birni Kebbi
22	(2998), Unity Bank Birni
	Kebbi (2632)
23	KOGI	842	Unity Bank Plc, Murtala
	M. Way Lokoja, Kogi
	State
24	KWARA	2,510	Unity Bank Plc Ilorin
	Branch
25	LAGOS	3,854	Union Bank Hgtrs Lagos
26	NASARAWA	2,207	Fin Bank Lafia (707),
	Skye Bank Lafia (1000)
	Unity Bank Lafia (500)
27	NIGER	4,336	Skye Bank, Uba Plc,	Further details to
	be provided by
	Unity Bank	NAHCO
28	OGUN	1,554	First City Monument
	Bank Plc Abeokuta
29	ONDO	316	Unity Bank Oba Adesida
	Road Akure
30	osun	1,057	Sterling Bank Plc Osogbo
31	OYO	1,550	Skye Bank Plc Bodiya,	Further details to
	be provided by
	First Bank Agodi, First	NAHCO
	City Monument Bank
	Bodija
32	PLATEAU	1,640	Fin Bank M,M Way
	Jos(740), Diamond Bank
	Jos(500) Fidelity Bank
	Jos(400)
33	RIVER	438	Zenith Bank Azikiwe Rd
	Portharcourt	Further details to
34	SOKOTO	6,683	UBA Main Branch Kano	be provided by
	Road Sokoto,Unity Bank	NAHCO
	Main Branch Kano Road
	Sokoto
35	TARABA	1,698	Zenith Bank (1400),
	Unity Bank (298) Jalingo
	Branch

	4
36	YOBE	2,930	Unity Bank Plc Damaturu
37	ZAMFARA	5,480	Unity Bank, Finbank	Further details to
	be provided by
	Gusau	NAHCO
38	ARMED	500	Unity Bank Plc Hqtrs,
FORCES	Lagos	Further details to
39	OTHERS	1,236	be provided by
	NAHCO
TOTAL	85,000

Please ensure compliance accordingly.

U
O. L AHUCHOGU (Mrs.)
FOR: DIRECTOR TRADE & EXCHANGE DEPARTMENT