Year 2007 Hajj Pilgrimage - Re: Purchase of Pilgrims' Travelling Allowance (PTA) in Saudi Riyal Travellers' Cheques.

Tel: 09-61637804 Fax: 09-61637802 November 22, 2006 Central Bank of Nigeria Central Business District P.M.B. 0187 Garki, Abuja E-mail address:ted@cenbank.org TED/FEM/GEN/FPC/01/06 TO: ALL AUTHORISED DEALERS YEAR 2007 HAJJ PILGRIMAGE RE: PURCHASE OF PILGRIMS' TRAVELLING ALLOWANCE (PTA) IN SAUDI RIYAL TRAVELLERS' CHEQUES The following details are notified for the information of all Authorised Dealers in respect of the 2007 Hajj Operations.

1. The Federal Government has fixed the number of Muslims including officials, who are allowed to perform the Hajj pilgrimage in 2007 at 65,000 (Sixty five thousand).

2. Each pilgrim is entitled to a minimum of Five hundred United States Dollars (US$500.00) and a maximum of One thousand United States Dollars (US$1,000.00) at an exchange rate of SR3.75 per US$1 as PTA.

The president has also approved a concessionary exchange rate of N120.00 to US$1 for PTA.

3. The CBN will issue Saudi Travellers' Cheques (TCs) to the participating banks two weeks before the commencement of the Hajj Operations and thereafter debit the accounts of the banks with the value of the TCs issued immediately after the first airlift of pilgrims to Saudi Arabia.

4. Each of the designated banks must submit a report on the 2007 Hajj transactions to the Director, Trade and Exchange Department, Central Bank of Nigeria, Abuja, not later than one month after the conclusion of the Hajj Operations.

Accordingly, the schedule below has been approved for the conduct of year 2006/07 Hajj pilgrimage.

	ALLOCATION OF SEATS
S/N	STATE	ALLOCATION	DESIGNATED BANKS
1	Abia	25	Union Bank of Nigeria PLC
2	Abuja	2,150	Unity Bank PLC
3	Adamawa	2,207	Unity Bank PLC
4	Akwa Ibom	36	United Bank for Africa PLC
5	Anambra	31	First Bank of Nigeria PLC
6	Bauchi	3,064	Unity Bank PLC
7	Bayelsa	139	United Bank for Africa PLC
8	Benue	303	Unity Bank PLC
9	Borno	2,660	Union Bank of Nigeria PLC
10	C/River	12	First Bank of Nigeria PLC
11	Delta	44	First Inland Bank PLC
12	Ebonyi	81	Union Bank of Nigeria PLC
13	Edo	270	United Bank for Africa PLC
14	Ekiti	105	Union Bank of Nigeria PLC
15	Enugu	19	United Bank for Africa PLC
16	Gombe	2,139	Unity Bank PLC
17	Imo	23	United Bank for Africa PLC
18	Jigawa	2,119	Zenith Bank Plc
19	Kaduna	6,137	Unity Bank PLC
20	Kano	7,000	Unity Bank PLC
21	Katsina	4,768	i) Platinum Habib Bank Plc ii) United Bank for Africa Plc
22	Kebbi	4,100	Unity Bank PLC
23	Kogi	648	Unity Bank PLC
24	Kwara	1,372	Unity Bank PLC
25	Lagos	3,500	Union Bank of Nigeria
26	Nasarawa	1,279	i) Unity Bank Plc ii) First Inland Bank Plc
27	Niger	4,236	Unity Bank PLC
28	Ogun	1,315	First City Monument Bank Plc
29	Ondo	188	Unity Bank PLC
30	Osun	711	United Bank for Africa PLC
31	Oyo	1,500	i) Union Bank of Nigeria Plc

			3
		ii) Wema Bank Plc
32	Plateau	436	Unity Bank PLC
33	Rivers	3	Guaranty Trust Bank Plc
34	Taraba	1,197	i)Zenith Bank Plc ii) Unity Bank Plc
35	Sokoto	5,064	Oceanic Bank Plc
36	Yobe	1,608	Unity Bank PLC
37	Zamfara	4,193	Unity Bank PLC
38	Armed Forces	300	Unity Bank PLC
	TOTAL	64,983

O. O. AKANJI (MRS.) DIRECTOR TRADE & EXCHANGE DEPARTMENT