1. LOI FROM BUYER
2. SELLER CONFIRMS AND PREPARE SPA
3. SPA SIGNED IN AUTHENTIC HAND WRITING BY SELLER, SCANNED AND SENT TO BUYER VIA EMAIL OR BETTER STILL VIA DHL
4. BUYER SIGNS AND RETURN VIA SAME MEANS. 5. SELLER AND BUYER PROCURE EFCC/FBI PAPER AND PROOF OF THEIR KNOWLEDGE AND STANDING BY IN THE TRANSACTION. NOTE: BOTH BUYER AND SELLER WILL RETURN THEIR COI, PASSPORT DATA PAGE, AND LETTER IN FULL SIGNATORY FROM FBI/EFCC, AND FEDERAL HIGH COURT. 6. UPON CONFIRMATION OF THE ABOVE BY BOTH PARTIES, BUYER CAUSES HIS BANK TO PLACE INSTRUMENT (SBLC COVERING THE FIRST MONTH DELIVERY OR ENTIRE CARGO AS DEMANDED BY BUYER) INTO SELLER'S ACCOUNT ON BEHALF OF THE SELLER. 7. SELLER CONFIRM THE INSTRUMENT AND WITHIN 10-20 BANKING DAYS, PROGRAMMES AND LOAD 6MILLION BARRELS OF BLCO IN VESSELS OF 2MILLION BARRELS EACH FOR THE BUYER IN BUYERS NAME. 8.. DELIVERY AND OTHER PROCESSES FOLLOWS....
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