Regulatory Alerts2013-12-06 | TED/FEM/FPC/GEN/01/21RE: Year 2013 Christian Pilgrimage Purcahse of Pilgrims Travelling Allowance
The Central Bank of Nigeria's Trade and Exchange Department has released an updated list of authorized banks for the purchase of Pilgrims Traveling Allowance. For each state, a specific bank is designated to handle the transactions. The conditions specified in the previous circular remain applicable. Authorized dealers are expected to ensure compliance accordingly.
CENTRAL BANK OF NIGERIA Corporate Head Office Central Business District P.M.B. 0187, Garki, Abuja, FCT TRADE AND EXCHANGE DEPARTMENT 09 46237804 09 46237802 E-mail address: ted@cbn.gov.ng TED/FEM/FPC/GEN/01/21 December 05, 2013 TO: ALL AUTHORISED DEALERS AND GENRAL PUBLIC RE: YEAR 2013 CHRISTIAN PILGRIMAGE PURCHASE OF PILGRIMS TRAVELLING ALLOWANCE Further to the circular Ref: TED/FEM/FPC/GEN/01/010 of October 14, 2013 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 | ADAMAWA | 726 | 12 | 738 | ZENITH BANK | |
| 2 | OYO - | 25 | - | 25 | FBN | |
| 3 | OSUN | 5 | 12 | - | 5 | UBA |
| 4 | BENUE | 5 | - | 15 | UNITY BANK | |
| 5 | EDO | - | 70 | 70 | STERLING BANK | |
| 6 | BAUCHI | 3 | 3 | ZENITH BANK |
For the avoidance of doubt, all the conditions for the sale of Pilgrims Travelling Allowance stated in the circular under reference are applicable.
Please ensure compliance accordingly.
N.T IGBA For: DIRECTOR TRADE AND EXCHANGE DEPARTMENT