Regulatory Alerts2012-11-12 | TED/FEM/FPC/GEN/01/028RE: Year 2012 Christian Pilgrimage Purchase of Pilgrims Travelling Allowance
In this circular, the Central Bank of Nigeria (CBN) provides updates regarding authorized dealers for the purchase of Pilgrims Travelling Allowance (PTA) for Christian pilgrimage in 2012. Firstly, CBN lists additional states and their corresponding banks for PTA provision. Secondly, it informs that First Bank Plc has been replaced by UBA as the authorized bank for PTA purchase from Akwa Ibom State, effective immediately. All conditions outlined in previous circulars remain applicable. The Trade and Exchange Department (TED) emphasizes strict compliance with these guidelines.
09 46237804 09 46237802 ENTRAL BANK OF NIGERIA Corporate Head Office Central Business District P.M.B. 0187, Garki, Abuja, FCT TRADE AND EXCHANGE DEPARTMENT E-mail address:ted@cenbank.org TED/FEM/FPC/GEN/01/028 November 9, 2012 TO: ALL AUTHORISED DEALERS AND GENERAL PUBLIC RE: YEAR 2012 CHRISTIAN PILGRIMAGE PURCHASE OF PILGRIMS TRAVELLING ALLOWANCE Further to the circular Ref: TED/FEM/FPC/GEN/01/024 of October 24, 2012 on the above subject, Authorised Dealers are hereby notified of the following additional list for necessary action.
| S/NO. | STATE | ISRAEL | GREECE | ROME | TOTAL | CHOICE OF BANK | | |---------|-----------|----------|-----------------|------------|------------------|--------| | 1. | AKWA IBOM | 8 | 8 | UBA | | | | 2. | BORNO | 181 | . | 181 | ZENITH | | | 3. | NASARRAWA | 83 | 83 | | | | | - | = | DIAMOND | | | | | | 4. | NIGER | - | 13 | 13 | KEYSTONE | | | 5. | OSUN | 70 | - | - | 70 | UBA | | 6. | TARABA | 221 | - | l | 221 | ZENITH | | 7. | EBONYI | 353 | 353 | UNION BANK | | |
Also, First Bank Plc which was to provide PTA for pilgrims from Akwa Ibom State as stated in the Circular Ref: TED/FEM/FPC/GEN/01/026 of November 1, 2012 has been replaced with UBA from the date of this Circular.
For the avoidance of doubt, all the conditions for the sale of Pilgrims Travelling Allowance stated in the circular under reference are applicable. BAN Please ensure compliance accordingly.
wadn ARI MUSA DIRECTOR TRADE AND EXCHANGE DEPARTMENT