Suite 306A, Samfa Plaza, Plot 2055 © Naola Crescent, Off Michae! Opkpara Way. Wase Zone 5, FCT - Abuja, Plot 7, Banram Close Bayan Malikali Road Mando, Kaduna, Ro: 1419698 M&B OLAGO Bo eee am CONCEPT LTD esi sero re 4™ January 2023 The Principal Solicitor Ummi-Kaltume Chambers Obande Obande & Co Flat 6, No 30 Jesse Jackson Street, Asokoro, Abuja Attn: SARDAUNA A, OBANDE Dear Sir, MANDATE LETTER, AUTHORISING UMMI-KALTUME CHAMBERS [e} )BANDI SANDE & CO) Ti JURCE A LOAN FA‘ ITY OF LLION N2,000, 100.0¢ IN FAV F_ Mi OLAGO CONCEPT LIMITED We write to inform you that M&B OLAGO CONCEPT LTD, a company registered in the Federal Republic of Nigeria with company registration no. RC 1419894 and situated at suite 306A, Samfa Plaza, Plot 2055 Ndola Crescent, Off Micheal Okpara Way Wuse Zone 5 FCT — Abuja has mandated your Chambers to act on its behalf in negotiating and sourcing for a loan facility of Two Billion Naira Only (N2,000,000,000.00) for a two year tenor with a possible one year moratorium. The Loan Facility will be secured with the property situated at Plot 151 Cadastral Zone C01, Karmo District, FCT — Abuja. The subject property has a certificate of occupancy in favour of New Nigeria Construction Limited measuring a gross physical area of about 13,049.44sqm (1.30Hectares) fenced along its perimeter wall. Bf afiln0a3- “B & Civil Engineering * Project Conception & Management BOARD OF DIRECTORS: * Renewal Energy Technology Mathias B, Ugboha (Managing Director)- Nigerian C les Items * General Oil & Gas Engr. Abdulwaheed I. Olatunbosun (Director) - (Nigerian) m Products * Imports, Exports Siaka Ozi Abdulmalik (Director)- (Nigerian) * General Contracts.The property has a Market value of Four Billion, Three Hundred Million Naira Only (N4,300,000,000.00) and its Forced Sale Value of Three Billion, Eight Hundred Million Naira Only (N3,800,000,000.00). The commission fee of 15% should be deducted at source upon successful drawdown and paid directly to UMMI-KALTUME CHAMBERS (OBANDE OBANDE & CO) represented by SARDAUNA A. OBANDE. The balance after deduction of the 15% commission fee should be paid to us. We thank you for your kind consideration and speedy execution of this mandate while assuring you of our highest regards. {2023 Engr. Mathias Benadict Ugboha Global Chairman