Regulatory Alerts2009-04-08 | TED-FEM-FPC-GEN-01-127-09Rendition Of Returns On Foreign Exchange Sales To Importers Of Petroleum Products
The Central Bank of Nigeria requests all authorized dealers to submit monthly Foreign Exchange (FX) sales returns for importers of petroleum products (PMS only) for the period August 2008 to July 31, 2009 by August 10, 2009. The required format and deadline for future monthly reports is specified as being on or before the 5th of each following month, with potential sanctions for non-compliance.
09-462 37804 09-462 37802 E-mail address:ted@cenbank.org Our Ref: TED/FEM/FPC/GEN/01/127 August 04, 2009 To: ALL AUTHORIZED DEALERS RENDITION OF RETURNS ON FOREIGN EXCHANGE SALES TO IMPORTERS OF PETROLEUM PRODUCTS. This is to request all Authorised Dealers to render returns on Foreign Exchange Sales to importers of petroleum products (PMS only) for the period August 2008 to July 31, 2009. The return which should be on month by month basis is to be forwarded electronically using the format stated below. The returns should reach the Director, Trade & Exchange Department on or before August 10, 2009 via the following email address: ted_femo_oilcoyforexsales.
| NAME | NAME OF | FORM | MODE OF | |||
|---|---|---|---|---|---|---|
| S/N | OF BANK | CUSTOMER | M NO. | PAYMENT | AMOUNT | EXCHANGE RATE USED FOR THE |
| TRANSACTION | ||||||
Subsequently, such returns should be rendered on a monthly basis on or before the 5th of the following month, failing which the appropriate sanctions shall be imposed.
Batari Musa Ag.DIRECTOR TRADE & EXCHANGE DEPARTMENT