2015-08-13 | TED/FEM/FPC/GEN/01/016

2015 Hajj Operations: Purchase of Pilgrims Travelling Allowance (PTA)

The Trade and Exchange Department has released a circular regarding the 2015 Hajj operations and the purchase of Pilgrims Travelling Allowance (PTA). Each pilgrim is entitled to a minimum of US$750 and a maximum of US$1,000 as PTA, with the Federal Government approving a concessionary exchange rate of N160 to the US dollar for the first US$750. The circular also provides a breakdown of the designated banks that will handle the sales of PTA to pilgrims in different states and the Armed Forces.

TRADE AND EXCHANGE DEPARTMENT 09 46237804 09 46237802 E-mail address:ted@cbn.gov.ng TED/FEM/FPC/GEN/01/016 August 13, 2015 TO: ALL AUTHORISED DEALERS AND GENERAL PUBLIC 2015 HAJJ OPERATIONS: PURCHASE OF PILGRIMS TRAVELLING ALLOWANCE(PTA) Authorised Dealers and the general public are hereby notified of the following arrangements for 2015 Hajj operations:

  1. Each pilgrim is entitled to purchase a minimum of US$750.00 and maximum of US$1,000.00 as PTA. The Federal Government has approved that intending pilgrims are to be sold the US$750.00 at a concessionary exchange rate of N160.00 to the US dollar.

  2. For pilgrims buying above US$1,000:00, the difference shall be bought at the prevailing Naira exchange rate to the US dollar on the day of purchase.

  3. No commission shall be charged by the banks for the sale of PTA to the intending pilgrims.

  4. The Central Bank of Nigeria shall.sell the PTA to the designated banks in Lagos and Abuja and the accounts of the respective banks shall be debited as soon as the funds are disbursed.

  5. Each designated bank is required to sell to the CBN the unutilised funds not later than two (2) weeks from the date of the last inward flight to Nigeria from the kingdom of Saudi Arabia, while the accounts of the banks shall be credited promptly.

  6. The approved schedule showing the distribution of the pilgrims expected 2 to perform the 2015 Hajj and the respective designated banks that will handle the sales of the PTA to the pilgrims in the Federal Capital Territory (FCT), states of the Federation and the Armed Forces is as stated below for guidance.

S/NO.STATENO. OF PILGRIMSCHOICE OF BANK
PER STATE
1.Abia82UBN Plc, Umuahia Branch
2.Adamawa1,922Zenith Bank Plc, Yola Branch
3.Akwa Ibom72UBA Plc, Awka Road, Uyo
4.Anambra73Fidelity Bank Awka Branch,
Anambra State
inBauchi2,828FCMB Plc, Bauchi Branch
6.Bayelsa95UBA Pic, Yenagoa
7.Benue412UnityBank,NewBridge
Branch, Makurdi
8.Borno2,437UBA Plc, Baga Rd, Maiduguri
9.Cross River୧ରFBN Plc, Calabar Road Branch
10.Delta117UBN Nnebisi Rd, Asaba
11.UBN Plc, Abakaliki Road
Ebonyi122
12.Edo272UBA 4 Akpakpava Rd, Benin
13.Ekiti244Fidelity Bank, Ado Ekiti Branch
14.Enugu83FCMB Garden Avenue, Enugu
15Abuja (FCT)3,107Unity Bank, Gwagwalada
16.Gombe1,941Unity Bank, Commercial Area
Branch, Gombe
17.Imo72UBA Plc, Douglas Road Owerri
18.Jigawa2,374Sterling Bank Plc, Dutse Branch
3
Kaduna5,682Unity Bank, Yakubu Gowon
19.Way, Kaduna
20.Kano5,602Unity Bank, Sani Abacha Way,
Kano
21.Katsina4,463UBA IBB Way Branch Katsina
(2,043)
Keystone Bank Nagogo Rd
(2,420)
22.Kebbi4,105Zenith Bank (2,100) & Unity
Bank (2,005) Birnin Kebbi
Branch
23.Kogi812UnityBank,Murtala
Mohammed Way, Lokoja
24.Kwara1,942UnityBank,Murtala
Mohammed Way & UBN Ilorin
Branch
25.Lagos3,047UBN Plc, Oregun Branch, Lagos
26.Nasarawa1,682Unity Bank, Lafia (1,000)
Skye Bank Lafia (682)
27.Niger3,212Skye Bank (1,500) & UBA Plc,
Minna Branch (1,712)
28.FCMB Plc, Abeokuta Branch
Ogun1,189
29.Ondo310Unity Bank, Akure Branch
30.Osun852Sterling Bank Plc, Oshogbo
31.Oyo1,241FBN Ibadan
32.Plateau1,262FidelityBank(662)and
Diamond Bank Jos (600)
Rivers
33.401Zenith Bank, Azikiwe Road,
4
Port Harcourt
34Sokoto4,962UnityBank(2,000), UBA
(1,962) & Skye Bank (1,000)
35.Taraba1,303UnityBank & Zenith Bank
Jalingo Branch
36.Yobe2,231UnityBankPlc,Damaturu
Branch
37.Zamfara4,006Skye Bank Plc, Gusau Branch
38.Armed Forces400UnityBank,BroadStreet,
Lagos
39.Hajj978Keystone Bank, Abiola House
CommissionCBD Abuja.
Total66,000

Please ensure compliance accordingly.

OLAKANMI I. GBADAMOSI DIRECTOR TRADE & EXCHANGE DEPARTMENT

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