THE EFFECTS OF CREDIT MANAGEMENT ON LIQUIDITY POSITION OF A MANUFACTURING COMPANY (A CASE STUDY OF NIGERIAN BREWERIES PLC, ENUGU STATE)

CHAPTER ONE:

• Introduction

1.1     Historical background of Premier Breweries Ltd

• Statement of problems
• Research objective
• Statement of hypothesis
• Significance of the study
• Limitation and scope of the study
• Definition of terms

CHAPTER TWO:

• Literature Review

2.1     Historical background of credit

• Credit policy
• Trade credit
• Credit Management
• Effect of credit and bad debts on profitability
• Determination of liquidity
• Effects of credit on liquidity

CHAPTER THREE:

• Research Methodology

Methods and Procedures of collecting and analyzing data

3.1     Sources of data

• Survey instruments
• Statistical treatment and analysis of data
• Reliability of data

CHAPTER FOUR:

• Analysis of data

4.1     Analysis of questionnaire

• Published and unpublished data collected form the breweries book
• Result at a glance
• Test of Hypothesis
• Interpretation of result

CHAPTER FIVE:

• Summary of findings

5.1     Discussion of findings

• Conclusion
• Recommendation

Bibliography

ABSTRACT

This project is written in partial fulfillment of the requirement for the award of Higher National Diploma.

Let me state that I was motivated to write on the topic “The effects of credit management on liquidity position of a manufacturing company” mainly because of the wealth of area of liquidity position in our society.

Looking back at the quality of lectures received on the liquidity position of companies and its procedures, I can now happily say that this work is a dream come true.

The purpose of this work is to make known to people the effect of credit management on liquidity position of a manufacturing company; and the role it plays in our society.

This project is organized in five (5) chapters.

Chapter one; Introduction and Historical background of the manufacturing company this is involved; Nigerian Breweries Plc.  It presents statements of problem, research objective, statement of hypothesis, significance of the study, limitation and scope of the study and definition of terms.

In chapter two, the existing literature in the history of the topic, historical background of credit, credit policy, trade credit, credit management, effects of credit and bad debts on profitability, determination of liquidyt, and the effects of credit on liquidity.

Chapter three, talks about the research methodology, sources of data, survey instrument, statistical treatment and analysis of data and reliability of data.

In chapter four, data analysis, analysis of questionnaire, published and unpublished data collected from the Brewery’s book, the result at a glance and test of hypothesis, interpretation of result.

Chapter five, this is where we have the summary of findings, discussion of findings, conclusion, recommendation and bibliography.

 

PROPOSAL

This project is written in partial fulfillment of the requirement for the award of Higher National Diploma.

Let me state here that I was motivated to write on the topic “The effects of credit management on liquidity position of a manufacturing company “OLY because of the wealth of area of liquidity position in our society.

Looking back at the quality of lectures received on the liquidity position of companies and it’s procedures, I can now happily say that this work is a dream come true.

The purpose of this work is to make known to people the effect of credit management on liquidity position of a manufacturing company, and the role it plays in our society.

This project is organized in five chapters.

Chapter one; Introduction and Historical background of the manufacturing company this is involved; Nigerian Breweries Plc.  It presents statements of problem, research objective, statement of hypothesis, significance of the study, limitation and scope of the study and definition of terms.

In chapter two, the existing literature in the history of the topic, historical background of credit, credit policy, trade credit, credit management, effects of credit and bad debts on profitability, determination of liquidyt, and the effects of credit on liquidity.

Chapter three, talks about the research methodology, sources of data, survey instrument, statistical treatment and analysis of data and reliability of data.

In chapter four, data analysis, analysis of questionnaire, published and unpublished data collected from the Brewery’s book, the result at a glance and test of hypothesis, interpretation of result.

Chapter five, this is where we have the summary of findings, discussion of findings, conclusion, recommendation and bibliography.

 

CHAPTER ONE

 

• INTRODUCTION:

1.1     HISTORICAL BACKGROUND OF NIGERIAN BREWERIES:

Nigerian Breweries Plc was founded in 1946 and since then has matured to become the absolute pinnacle of corporate Nigeria.

Today, Nigerian Breweries most recent extension, the new Ama Brewery, has taken the company into a new chapter in its history.  Nigerian Breweries: more than half a century of efforts to achieve world class status in Africa.

Over a period of slightly more than fifty (50) years, Nigerian Breweries has had success after success and has succeeded in anchoring itself firmly in the Nigerian beer market, the business community and indeed in the very hearts of Nigerian themselves.

The “Rising Star” or Nigerian Breweries has, for many decades now, been synonymous with success, quality and commitment.  The organization can boast a wide portfolio of brands that cover the three segments of the Nigerian beer market (Larger, Stout and Malt):  Star, Gulder, Heineken, Legan Extra Stout, Maltina, and Amstel malta.

In 1949, three years after its foundation, the first bottles of star were being filled on the bottling line of the brand new brewery in Lagos.

Three more breweries have been founded since then:  Aba, Kaduna and Ibadan.  Enugu brewery was acquired in 1993.

For decades, Nigerian Breweries had tow large shareholders, one of which, Heineken had always focused on providing the breweries with technical support.  In year 2000, Heineken seized the opportunity of acquiring a 54.2% majority interest in Nigerian Breweries, a decision which underlined Heineken’s commitment to the African continent.

Thanks to the process of democratization that started to emerge towards the close of the 1990s, plus the brewery’s alert anticipation of what would happen in the new situation.  Nigerian Breweries successfully managed to accelerate a growth in sales from 2.5 million hectoliter in 1998 to 5.5 million hectoliter (hi) in 2003.  This was so successful in fact that a luxury problem arose:  the demand for Star, Gulder, and Maltina started to outstrip actual supply.  Nigerian Breweries and Heineken therefore started up the LAKIE output optimization project (Lagos, Aba, Kaduna, Ibadan, Enugu).

An investment of 280 million euros in new bottling lines and brewing plants substantially increased the capacity of these breweries.

The experts were more than aware that an expansion of the existing breweries alone would be insufficient to meet the constantly increasing demand for Star and Gulder.  And because of the rose-coloured prospects in the medium term, early in 2001 Nigerian Breweries and large shareholder Heineken decided to build an ultra-modern brewery fitted with the latest innovations and the most up-to-date plant equipment.  A world-class brewery befitting a world-class company.

The entire brewing community is envious of the new Ama brewery near Enugu.  The construction of a high-tech brewery, in corporating the absolute latest in technological developments and major innovations in a rural tropical environment is a feat which has never before been achieved in the brewery industry.

Nigerian Breweries assigned Heineken Technical Services to design and develop the new brewery and to supervise the construction of this 220 million euro (30 billion naira) project.

There were frowns of concern when the first plans for Ama were presented.  Would it be possible to operate such a high-tech, state-of-the-art brewery in Nigeria?  The start-up phase has proven that it certainly is.  There are two main reasons for Ama’s success.  First of all, Nigerian Breweries invested heavily in the recruitment of young technical professionals straight from technical school and then giving them additional training.  Many key operators and all the managers were sent to Holland and Germany for this additional training, months before the first beer was brewed in Ama.  The others were given the training on recently upgraded equipment in the breweries at Lagos, Aba, Kaduna and Ibadan.

The second success factor is the actual organizational structure.  A state-of-the-art brewery such as Ama calls for a small number of highly professional employees; employees who perform at their best when working in a hierarchically small operation consisting of only three layers.  Work here is based on Total Productive Management (TPM), which for Nigerian Breweries is a new concept introduced by Wiggert Deelen, the Technical Director.

The brewery has an initial capacity of more than 300 million litres of beer and can be extended even further.  The average production is in excess of 1.1 million creates per week.  The Ama brewery uses only natural ingredients for the brewing process, the brewing water being pumped up from five wells two hundred metres below the ground.  This is excellent quality water and needs very little correction to make it suitable for brewing.

The malted barley and hops used are imported from Europe, the malted surghum and maize grits are produced by local farmers, malters and millers.  Ama brewery uses 51,000 tonnes of grain per year, 2,550 truck-loads in all.

The brewery has one brew-house that produces twelve brews of 660 hectolitres high gravity wort per day.  The brew-house is in operation 24 hours a day, seven days a week.

After the boiled wort has been cooled down it is mixed with the yeast and then pumped to the fermentation “celler”.  While the celler is the traditional name for the location where fermentation takes place, in the brewery the 30 fermentation tanks of 5,000 hectolitres each are situated in a building above ground.

The beer is subsequently transported from these tanks to the brewery’s bottling lines.

Here there are four bottling lines, two of which are reserved for the popular brand, Star, and one for Gulder.  Each bottling line has a filling capacity of 30,000 bottles per hour (60cl bottles).

The high level automation and the use of ultra-modern technical equipment make it possible for the brewery to also produce Heineken beer.  Preparations were started for the local production of Heineken beer only six months after the first brew had left the production line.

 

• STATEMENT OF PROBLEM:

However, the research will be specifically concentrated on the problems which arise when the brewery sells beer to its customers for the purpose of receiving payment in future.

In view of these, the following critical questions demand answers:

1. What effects does credit management have on liquidity position of Nigerian Breweries Plc, Enugu?
2. Does credit sales reduces liquidity of this brewery?
3. Does credit sales increase the profit level of the brewery?
4. Is there any relationship between credit sales and liquidity position of this brewery?
5. Has the brewery’s credit policy and credit terms any effect on its liquidity?

 

• RESEARCH OBJECTIVE:

The primary objective of this study is to find out how effectively and efficiently the Nigerian Breweries Plc has managed its trade credit (selling been on credit to customers) to achieve optimum level of liquidity, which will in turn result in the promotion of the corporate image of the brewery and win the patronage of the public.

The project also aims at making suggestions on how the brewery, based on research findings, can improve its business through greater profitability and growth can be assured.

• STATEMENT OF HYPOTHESIS:

In order to achieve the above objective, the research will make the following hypothesis:

1. Liquidity of Nigerian Breweries Plc Enugu in a function of proper credit management.
2. Credit sales do not reduce liquidity of Nigerian Breweries Plc Enugu.
3. Credit sales increase the profitability of Nigerian Breweries Plc, Enugu.

 

• SIGNIFICANCE OF THE STUDY:

In carrying out this study, it is intended that it will be of immense help to the accounting staff of Nigerian Breweries Plc Enugu, especially its credit management officers.

This study exposes the intricacies involved in extending credit to customers.

To the customers, this study will enumerate the several benefits that can be derived by making prompt settlements of their debts.  This serves as a means of increasing organizational efficiency.

This study also is particularly important for the financial manager of a small company because a small company has relatively limited access to the capital markets, it relies heavily on trade credits for its short-term financing.

This study will be helpful guide for him.  Thus any company or individual through this study can have a reasonable knowledge of what credit transactions are all about and how it can be effectively managed to attain the much needed profit maximization.

 

• LIMITATION AND SCOPE OF THE STUDY:

In a study like this type, a lot of set-backs are bound to come up, this work is restricted by many variables.

The greatest identifiable ones are time, finance, respondents and general economic problem.

(1)     Time:

Since the research will be carried out at student’s level, the researcher will have to allot his time such that the demand for their courses will have to be met.

Moreover, since the interview will be conducted during the working days of the work the researcher will have to forfeit some of his lectures in order to successfully conduct the study.  The time that will be lost in terms of lecture missed will be a substantial loss in itself.

(2)     Finance:

Insufficient funds will be another factor inhibiting this research project.  The work will be single-handedly sponsored by the researcher.

And as a student, the project will be sponsored from his meager pocket money.  As a result, he may find it difficult to cover some inevitable expenses like transport, stationeries, typing and binding labour and so on.

This in turn is bound to affect the sample size and the geographical area of coverage of the study.

(3)     Respondent:

The inability of the officials concerned to produce adequate and relevant information required for the research project has been one of the most frequently encountered constraints by researchers.

Apart from the fact that some of the staff that will be required to give data are not technically skilful in the area of study, many of them may think that the researcher is one of government functionaries that come to question their activities or to assess them for tax payment.

This may be due to the fact that the school authority has been reluctant to introduce the researcher to the establishment formally by issuing identity papers or introduction papers to the students.

(4)     General Economic Problem:

The last but not the least limiting factor is this work will be the general economic problem facing the entire country as at this point in time when the research will be carried out.

Considering the above constraints, the researcher will concentrate on few areas of trade credit management that lead to high profitability, optimum liquidity level and efficient utilization of all the brewery’s financial assets.  Such areas include – historical overviews and origin of credit, trade credit and credit management; credit policy; five Cs of credit; effects of credit on liquidity and profitability, and important areas of trade credit management.

 

 

 

• DEFINITION OF TERMS:

Haven going this far, the researcher sees it reasonably enough to define some key terms or phrases intended to be used in this research project as they operationally apply to the problem:

The terms include:

1. Trade Credit:

This is the quantity of goods (beer) the brewery sold to its customers with the purpose of collecting cash in the future.

2. Credit Management:

This is the process by which the brewery properly maintains its credit sales so as to achieve optimum liquidity level.  Or, put in this way, credit management is a way of controlling the brewery’s credit granting attitude in order to maximize the brewery’s value of achieving a balance between risk and profitability.

3. Liquidity:

This is the volume of cash the brewery has at hand and/or in the bank.  It is the actual total money (most liquid assets) the brewery has as a balance after all expenses (including cost of financial credit) have been made.

4. Profitability:

This is the total net profit or gain made by the brewery from its selling activities (both cash and credit sales).

5. Optimum Liquidity:

This is the level of cash (at hand and/or in the bank) at which all the brewery’s assets (resources) are efficiently employed and utilized.

6. Company:

This is a legal person or entity created by the association of number of persons in accordance with the law for the purpose of a defined objective.

7. Management:

This is the process of allocating an organisation’s inputs (human and economic resources) by planning, organizing, directing and controlling for the purpose of producing outputs (goods and services) directed by its customers so that organization objectives are accomplished.

8. Credit Sales:

These are sales made by the brewery without immediate payment.

They are goods (beer) the brewery exchanged for money but with the intention to receive the cash in the future.

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THE NATURE AND CONSEQUENCES OF JUVENILE DELINQUENCY IN NIGERIA: A STUDY OF ENUGU NORTH LGA, ENUGU STATE

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ANALYSIS OF INCIDENCE OF LOAN DEFAULT IN MERCHANT BANK (A CASE OF IVORY MERCHANT BANK)

ABSTRACT

 

This research studied the nature, problem and prospect of the new product developed in the banking industry from 1990-2003.

In this research work, the researcher chose four of the products and measures the extent to which they have been able to satisfy the customers. The product selected are smart card, international money transfer, educational scheme and integrated banking network transaction.

Data for this research were collected through questionnaire and interviews by bank customers and the review of existing literature on the topic using simple random procedure and the descriptive method of research. The data so collected were analysed using the simple percentage and the formulated hypothesis were tested with chi-square (x²) method.

Some of the findings are the nature of the new product can measured in terms of accessibility, speed, timeliness, simplicity and reliability.

Customers who patronize the new product are majority those who want money transfer both locally and internationally customers derived high level of satisfaction from the new products.

Inadequate infrastructural level in our banking industry and high cost of installing them contributed to the problem of the new product.

Based on the findings, the following were recommended banks should come together and establish a common data communication satellite to minimize constant problems.

A parallel organization that was supplying electricity in competition with NEPA should be allowed to evolved so that an efficient supply of electricity can be ensured.

Finally, since this study alone cannot exhaustive of this vital subject, it is recommended for further studies.

CHAPTER ONE

Introduction                                                                                      1

• Background of the study 3
• Statement of Problem 4
• Objectives of the study 5
• Research Question 6
• Research hypothesis 6
• Significance of the study 7
• Scope and limitation 8
• Definition of terms 9

Reference                                                                       11

CHAPTER TWO                  

Review of Related Literature                                                   12

• Literature Review 12
• Historical Development of Bank lending 14
• Development of Merchant Bank in Nigeria 16
• Differentiating functions of Merchant Bank 18
• Cannons of Good lending 19
• Analysis of principles of good lending 25
• Why are Banks failing 29
• Exports view and comments 30

Reference                                                                       32

CHAPTER THREE

Research design and Methodology                                          34

• Research Design 34
• Area of Study 34
• Population of study 34
• Sample and Sampling techniques 35
• Instrument for Data Collection 37
• Method of Data Presentation 38
• Method of Data Analysis 38

Reference                                                                       40

CHAPTER FOUR

Data Presentation and Analysis                                                        41

4.1     Data Presentation                                                          41

4.2     Test of Hypothesis                                                                  49

Reference                                                                       55

CHAPTER FIVE

Findings / Recommendations and Conclusions.                      56

5.1     Findings                                                                         56

5.2     Recommendations                                                                   59

5.3     Conclusion                                                                     60

Bibliography                                                                  63

CHAPTER ONE

 

INTRODUCTION

According to Paget (1998), a renowned banker he defined banks as “a corporation or person (or persons) who accepts money on current account, pays cheques on such account in demand and collects cheques for customers.”

Banks are financial institutions that are charged with the responsibility of funds intimidation. They act as a go-between the simples funds sources and deficit fund services. They equally act as “a dealer in capital or more properly a dealer in money as we defined by Gulbert (1995) in performing this function, they engage themselves with deposit acceptance and granting of loans and advances to any needy sector of the economy or individual. Investors and industrialist. The banks are not charcterable organization, hence they render these services with the motive of profit making.

The banks in performing this very important duty they are faced with myriad of problems that grows in bounds everyday in consonance with the dynamic nature of Nigerian economy and growth. Their major problem emanated from the fact that those customers to whom the banks lend money on agreed terms and condition default to repay on maturity, thereby putting a wedge on the wheel of both profit making objectives of the banks, credit expansion within the system for economic activities and continual operations of the bank. This granted into bad debts.

In the pre-independence era when few banks dominated the industry, cases of loan default and bad debt were very minimal, of course, the banks management and loan grants were carefully studied before actual disbursement by the expatriates.

Today, management of many Merchant Banks are  worried by the trend of incidence of loan defaulters and bad debt been recorded. Still decisive and obvious action have not been taken by them to at least its impact on their operations and the effect on the economy at large which is the purpose of this study to proffer effective suggestions on how to bring under control rate of bad in merchant banks and particularly Ivory Merchant Bank.

Financial analysts all over the world agree that bad debt and loan default cannot be completely eliminated in banking industry but a constant check can be kept over every factor capable of generating this ugly experience to most financial and non-financial institutions that engaged in funds intermediation directly or indirectly.

It is note worthy to state here that some merchant banks in Nigeria apparently faced by an increasingly hostile business environment are applying to the Central Bank of Nigeria to convert to commercial banks had applied to C.B.N. as at end of October, 1993.

Incidence of loan default in merchant banking, a very important sub-sector leaves nobody any comfort, hence the researcher’s interest in searching the immediate and remote causes of bad debts and how to remedy the ugly experience so that the public confidence could be restored to the financial sector.

 

1.1     BACKGROUND OF THE STUDY

While reading through journals, weekly financial and business papers, on the rate of increase in number of distress and liquidating banks, the researcher was pulled into imaging that would become of the financial system in the future if dotting is deliberately done to rescue the situation. We are ignorant of the abysmal value of currency” Naria” in the past few years up to date, would you reason out that we cannot build the Nigeria of our dream if this is coupled with constant bank liquidation and failure.

Bank lending by way of loans, over draft, financing capital intensive projects by way of loan syndication, trade credit finance all over the world. The process of financial intermediation is assuming complex dimension. As they try the live up to expectation in this regard they (banks) are confronted with unacceptable pill of loan defaults. When granted loans are dues for payment and without it been actually paid, such loans are regarded as being defaulted, hence analysis of the incidence of loan default in Merchant banking.

 

1.2     STATEMENT OF THE PROBLEM

There is no doubt the difficulties confronting the banking industry today in Nigeria. Every bank is striking to at least keep pace with others. In their daily dealings as conduct pipe for money, whereby they aggregated funds and disaggregate them it the investing public, they are met with hitches of defaults on the part of loans and advances beneficiaries to meet their obligations have serious consequence on the lending banker.

Therefore the banks are expected to do something very urgently to address the problems so as to forestall it lending them to distress. The failure to refund money borrowed by customers have big adverse effect on banking operations. Such call for study and investigation, so that the solution could be proffered.

 

1.3     OBJECTIVE OF THE STUDY

• To identity the causes of loan default
• To identify the level of incidence of loan default and bad debt.
• To determine the extent of monitoring by merchant banks of projects for which they extended loans.
• To identify the effects of loan of default in merchant banks.
• To make recommendations can how loan default and bad debt will be minimized or eliminated.

 

1.4     RESEARCH QUESTIONS

• What are the measures adopted by the bank in preventing loan default occurrence?
• What is the level of incidence of loan default to your bank?
• How has your been able to monitor its advances granted to customers?
• What do think are the causes of loan default?

 

1.5     RESEARCH HYPOTHESIS

After thoroughly research, it lies on the research to make the following hypothesis.

Ho:    Incidence of loan default in merchant banks is not high.

Hi:     Incidence of loan default in merchant banks is high.

Ho:    Loan supervision and monitoring are not major solution to loan default in merchant bank.

Hi:     Loan supervision and monitoring are major solution to loan default in merchant bank.

Ho:    Loan default does not lead to bank failure in merchant bank.

Hi:     Loan default leads to bank failure in merchant bank.

 

1.6     SIGNIFICANCE OF THE STUDY

Based on guiding and recommendations that would be offered at the end of the study, Ivory merchant bank will use it to reassess their credit analysis, loan disbursement and recovery formular. It will also guide the treasury manager on liquidation management to eliminate the bank running into financial distress.

It is important to state here that the research findings will be immense help to other financial intermediaries in their daily dealings with both savings fund borrowing public.

Implementations of the researcher’s recommendation will restore also confidence of the public on the banking industry.

 

 

1.7     SCOPE/LIMITATION OF STUDY

The study is to be based on the contributory impact or incidence of loan default on both expansion and operation of Ivory merchant bank in Nigeria limited. The scope therefore precludes other innovations and products of the bank, such as corporate finance ceasing and investment advisory services, merchant bank loan syndication process. Investigation would be limited to the office of Ivory merchant bank alone.

It is important  therefore that further researches should be extended to merchant bankers corporate and investment advisory services to determine their (merchant bankers) role in accelerating industrialization and economic development growth of Nigerian economy.

 

LIMITATION OF STUDY

The research study is an academic exercise in which the researcher had to work within time frames limit. Financial handicap hindered the printing and distribution of enough questionnaire. Moreover, distributed questionnaires were not all returned, the researchers’ analysis is therefore based on returned questionnaires.

 

1.8     DEFINITION OF TERMS

1. Loan: A bank loan may be defined as financial faculty granted by a bank which is in tender to be applied for financing of a specific purpose an it usually has a defined duration and fixed repayment programme.
2. Loan Default: This could be seen as a situation whereby customers failed to repay the loans they borrowed from the bank.
3. Incidence of Loan Default: This is the rate at which borrowers could not pay back their money occurs in Ivory Merchant Bank.
4. Merchant Bank: A merchant bank is defined by the Banking Amendment all 1979 as “any person in Nigeria, who is engaged in wholesale banking, medium and long term financing, equipment leasing debt factoring, investment management, issue an acceptance of bills and the management of this trust.
5. Ivory merchant bank: This is a branch of merchant bank formed for the purpose of lending in banking industry.
6. Bank Lending: These are basic principle a banker should observed while granting loans and advances to customers.
7. Criterion for Bank Lending: These are basic factors, which a banker should put into consideration before granting loans.
8. Finance System: Nigeria finance system is made up of banking institution and non banking institutions.

 

REFERENCES

 

John Paget, (1998), Banking Practice Vol. III Enugu: Pan

African Publisher p. 30

 

1. W. Gilbert, (1995), Principles of Bank Lending: Bon

Publisher, p. 50

 

C.B.N. (1993), Monthly Business and Economic Report, p, 70

 

Banking Amendment Act, (1979), p. 8

 

Federal Government of Nigeria, (1998) Annual Budget

Business Times Vol. 23 p.10

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THE NATURE AND CONSEQUENCES OF JUVENILE DELINQUENCY IN NIGERIA: A STUDY OF ENUGU NORTH LGA, ENUGU STATE

Foreign Transaction For Dollars Payment :
Bank Name: GTBank
Branch Location: Enugu State,Nigeria.
Account Name: Chi E-Concept Int’l
 Account Number:  0117780667. 
Swift Code: GTBINGLA 
Dollar conversion rate for Naira is 175 per dollar. 

ATM CARD:  YOU CAN ALSO MAKE PAYMENT USING YOUR ATM CARD OR ONLINE TRANSFER. PLEASE CONTACT YOUR BANK SECURITY FOR GUIDE ON HOW TO TRANSFER MONEY TO OTHER BANKS USING YOUR ATM CARD. ATM CARD OR ONLINE BANK TRANSFER IS FASTER FOR QUICK DELIVERY TO YOUR EMAIL . OUR MARKETER WILL RESPOND TO YOU ANY TIME OF THE DAY. WE SUPPORT CBN CASHLESS SOCIETY. 

OR
PAY ONLINE USING YOUR ATM CARD. IT IS SECURED AND RELIABLE.

form>DELIVERY PERIOD FOR BANK PAYMENT IS  LESS THAN 24 HOURS

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