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50,000MT of AGO available for sales at Lagos waters on TTO/TTT

Price N169/2

PROCEDURE

1.SELLER AND BUYER SIGN THIS SPA WITH THEIR FULL BANK DETAILS AND DEPOSIT SAME IN THEIR RESPECTIVE BANKS. THE ELECTRONIC SIGNED COPIES ARE LEGALLY BINDING AND ENFORCEABLE.
BUYER RETURNS SIGNED SPA WITH VALID NNPC SUPERCARGO OVERSEA MARINE INSTECTOR,SGS,INTERTEK,CALIBARATE INSPECTION AND M-NOR/ATB FORMAT. NOTE IF BUYER WANT TTT BUYER SHOULD GIVE FULL VESSEL DOCUMENTS

2.BUYER BANK PREADVICE WITH READINESS TO ESCROW FIVE MILLION NAIRA #5,000,000.00 IN TO SELLER S ACCOUNT UPON CONFIRMING SELLER (APG) ADVANCED PAYMENT GUARANTEE.

3.SELLERS BANK REPLY WITH FIVE MILLION NAIRA (APG) ADVANCED GUARANTEE.

3.BUYERS BANK ISSUES FIVE MILLION NAIRA N5,000,000.00 ESCROW IN SELLERS ACCOUNT.

5.SELLER INSTRUCT CAPTAIN TO ISSUE MNOR/MATB FROM THE PREGNANTE VESSEL TO BUYER'S.

6.SELLER VERIFIES THE ACKNOWLEDGEMENT, CARRY OUT ADMINISTRATIVE CLEARANCE AND, THEREAFTER ISSUES ATB AND BOARD BUYERS INSPECTION TEAM/AGENTS FOR CONFIRMATION OF PRODUCT / QUALITY AND QUANTITY TEST ANAPAYMENT

7. UPON PHYSICAL CONFIRMATION OF PRODUCT (AGO) BY BUYERS SUPER CARGO, BUYER RELEASES THE SUM OF 5,000,000.00 FIVE .MILLION NAIRA ONLY) FOR LOGISTICS TO SELLER VIA BANK TRANSFER.

8. Q AND Q TEST IS CONDUCTED AND RESULT RELEASE TO BOTH BUYER AND SELLER. SELLER ISSUES PRO FORMA INVOICE TO BUYER. BUYER PAY 50% OF THE PRODUCT LESS #5M PAID FOR LOGISTICS

9. BASED ON Q AND Q OUT TURN RESULT, BUYER MAKES FULL PAYMENT FOR ENTIRE CARGO TO SELLER AND ALL BENEFICIARIES AS CONTAINED IN THE SPA, AND LESS THE OF 50% PAYMENT

10. SELLER AND ALL BENEFICIARIES CONFIRM PAYMENT. on TTO/TTT

Price N169/2

PROCEDURE

1.SELLER AND BUYER SIGN THIS SPA WITH THEIR FULL BANK DETAILS AND DEPOSIT SAME IN THEIR RESPECTIVE BANKS. THE ELECTRONIC SIGNED COPIES ARE LEGALLY BINDING AND ENFORCEABLE.
BUYER RETURNS SIGNED SPA WITH VALID NNPC SUPERCARGO OVERSEA MARINE INSTECTOR,SGS,INTERTEK,CALIBARATE INSPECTION AND M-NOR/ATB FORMAT. NOTE IF BUYER WANT TTT BUYER SHOULD GIVE FULL VESSEL DOCUMENTS

2.BUYER BANK PREADVICE WITH READINESS TO ESCROW FIVE MILLION NAIRA #5,000,000.00 IN TO SELLER S ACCOUNT UPON CONFIRMING SELLER (APG) ADVANCED PAYMENT GUARANTEE.

3.SELLERS BANK REPLY WITH FIVE MILLION NAIRA (APG) ADVANCED GUARANTEE.

3.BUYERS BANK ISSUES FIVE MILLION NAIRA N5,000,000.00 ESCROW IN SELLERS ACCOUNT.

5.SELLER INSTRUCT CAPTAIN TO ISSUE MNOR/MATB FROM THE PREGNANTE VESSEL TO BUYER'S.

6.SELLER VERIFIES THE ACKNOWLEDGEMENT, CARRY OUT ADMINISTRATIVE CLEARANCE AND, THEREAFTER ISSUES ATB AND BOARD BUYERS INSPECTION TEAM/AGENTS FOR CONFIRMATION OF PRODUCT / QUALITY AND QUANTITY TEST ANAPAYMENT

7. UPON PHYSICAL CONFIRMATION OF PRODUCT (AGO) BY BUYERS SUPER CARGO, BUYER RELEASES THE SUM OF 5,000,000.00 FIVE .MILLION NAIRA ONLY) FOR LOGISTICS TO SELLER VIA BANK TRANSFER.

8. Q AND Q TEST IS CONDUCTED AND RESULT RELEASE TO BOTH BUYER AND SELLER. SELLER ISSUES PRO FORMA INVOICE TO BUYER. BUYER PAY 50% OF THE PRODUCT LESS #5M PAID FOR LOGISTICS

9. BASED ON Q AND Q OUT TURN RESULT, BUYER MAKES FULL PAYMENT FOR ENTIRE CARGO TO SELLER AND ALL BENEFICIARIES AS CONTAINED IN THE SPA, AND LESS THE OF 50% PAYMENT

10. SELLER AND ALL BENEFICIARIES CONFIRM PAYMENT.