Gabrich Group, a respectable company rising from Nigeria land.
- James Zhou
- Mar 28
- 1 min read
The first GABRICH Group known as– GABRICH Global Services Limited (GGSL) started in July 2008 intending to develop, facilitate, and implement seamless and sustainable business processes between oil producers, oil marketers, and oil traders, first in Nigeria and then worldwide.
The Founder & CEO of GABRICH- Gabriel Chinedu UFOMBA has professional certification in Quality, Health, Security, Safety, and Environment, (QHSSE) respectively. Sharing a vision and a desire to play an active role in the development of Nigeria’s growing petroleum industry, He harnessed these diverse skills to offer insightful facilitating and consulting services to companies that traded in crude oil and refined petroleum products.
Hi,
plz find below procedure:
[6/19, 11:28 AM] Munaf: CIF PROCEDURE - ASWP
1. Buyer send ICPO , seller issues sales and purchase agreement (SPA) to buyer.
2. Buyer signs and returns the SPA with the following for Seller’s Bank due diligence;
a) Instrument issuer's full CIS
b) RWA issue to the buyer by his bank confirming capacity and funds availability.
3. Seller confirms the RWA and releases the fiduciary account to receive the SBLC.
4. Within 48 hours, Buyer's prime bank shall issue a genuine and operative SBLC via MT760 for the total cargo value.
5. Seller confirms instrument and issue 2%PB
6. Seller charter vessel, load or reassign an exclusive vessel in Buyer’s name; issues full set of…