Foreign Operation Department 42 Usman Crescent,

Maitama, Abuja.

TeleFax: 234-1-7916125.

Cell Phone: 234-8026883030

Attn:Honorable Contractor,

RE:CONTRACT PAYMENT

Following the meeting held with the presidency on the issue of foreign

contract payment, a consensus was reaching the presidency about the

activities of some officials of the Central Bank of Nigeria(CBN) who are in

the habit of diverting contractors payment and frustratin g them by imposing

unnecessary charges on them,making it difficult for them to receive their

payment. The entire above allegation leveled against CBN consequently

compelled the presidency to stop them from managing contractors payment.

This development has been reported to Mr.President (Chief Olusegun Obasanjo)

who is not happy with such action as they were meant to tarnish the image of

our beloved country.

He has therefore given instruction that all foreigncontractors should

henceforth, stop going through the CBN officials to pursue their contract

claim any contractor going through the CBN is doing that at his own risk.

The presidency after an in-depth and pains taking study of your financial

and psychological predicament in receiving your fund in the last few

year,hereby this day resolved that an immediate and unconditional payment

release be effected to you via Fidelity Bank Plc.

This decision is based on memorandum of understanding,signed with the above

mentioned and we in our capacity as professionals,have been mandated and

empowered by the presidency to solely handle all foreign contractual payment

and other external debt servicing exercise.

You are now advised to contact the undersign, who will instruct our offshore

correspondent Bank to effect release of your payment from the federal

government Oil reserve account. Do reconfirm your status, contract

particulars, and your bank co-ordinates to avoid wrong payment.

You are therefore, advised as a matter of urgency to get in touch with me on

my direct mobile line: 234-8026883030 upon receipt of this massage, quoting

payment release code number:UNO/PBP/FGN/2GG/VOL.2005. We urge you to

co-operate with us in order to ensure a quick and final settlement of your

payment.

We regret any inconveniences you may have experienced in the past while

trying to receive your contract proceeds.

Congratulation.

Yours faithfully,

Dr.Edwin Abba.

Head, Foreign Operation Dept.

Fidelity Bank Plc

____________________________________________________________________________

Alhaji W.I folawuyo CFR,Chirman Roland,Okafor Managing Director,Dr F.O.Qutan

(Irish) Dr.Puty Managing Director,Alhaji Usman L.Y.Below Secretary

Dr.William Nelson ( South Africa),Chief Abayomi Kofo,Dr Haruna Ahmed,Dr

Ernest Chinachi,Head,Foreign Operation Department Dr.Edwin Abba,Dr Mrs.

Victoria Nduka.