Connect with us

Nigeria

Advertisements

“Federal Government Allocates N90 Billion to Subsidize 2024 Hajj Costs”

Published

on

Spread the love

An undisclosed official from the National Hajj Commission of Nigeria (NAHCON) shared with Daily Trust that the federal government has allocated a substantial amount of N90 billion to subsidize the 2024 pilgrimage to the Kingdom of Saudi Arabia.

The source emphasized that without this financial assistance, each prospective pilgrim would have had to contribute a minimum of N3.5 million to the initial fare of N4.9 million. Additionally, a high-ranking official at the Presidency verified that the government did indeed offer financial aid for the hajj operation.

The NAHCON had previously set the fare at N4.9 million per pilgrim in December last year, based on an exchange rate of N897 to a dollar. However, due to the ongoing foreign exchange crisis in Nigeria, the commission raised the fare by N1,918,032.91, bringing the total cost to N6.8 million.

The deadline for payment was set for March 28, 2024. The NAHCON attributed the fare increase to the challenges posed by the forex crisis. If the commission had received N230 billion in support from the federal government, there would have been no need to impose additional charges on intending pilgrims.


Spread the love

Obasanjonews24, Nigerian International digital media platform. We cover all trending and significant topics, our job is for truth and empower people with knowledge.

Continue Reading
bitcoin
Bitcoin (BTC) $ 62,857.84
ethereum
Ethereum (ETH) $ 3,027.95
tether
Tether (USDT) $ 1.00
usd-coin
USDC (USDC) $ 1.00
bnb
BNB (BNB) $ 595.75
xrp
XRP (XRP) $ 0.517819
binance-usd
BUSD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.151118
tron
TRON (TRX) $ 0.12604
leo-token
LEO Token (LEO) $ 5.85
shiba-inu
Shiba Inu (SHIB) $ 0.000023
dai
Dai (DAI) $ 0.999663
polkadot
Polkadot (DOT) $ 7.02
staked-ether
Lido Staked Ether (STETH) $ 3,027.31
litecoin
Litecoin (LTC) $ 83.31
okb
OKB (OKB) $ 50.59
avalanche-2
Avalanche (AVAX) $ 35.03
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 62,853.84
solana
Solana (SOL) $ 152.18
cardano
Cardano (ADA) $ 0.461494