This Buhari is a joke – Nigerians react to reduction of dollar price for Hajj
Nigerians have reacted to the directive by the Central Bank of Nigeria (CBN) asking banks to provide forex to those going on Hajj pilgrimage at N197 per dollar.
According to Vanguard, the apex bank in Nigeria directed the banks and other ‘authentic’ foreign exchange dealers to sell the Pilgrims Travelling Allowance (PTA) to pilgrims at a concession.
CBN, in a circular passed on Thursday, August 4, said: “Each pilgrim is entitled to purchase a minimum of $750.00 and maximum of US$1,000.00 as PTA.
READ ALSO: CBN orders banks to sell dollar to hajj pilgrims at N197/$
“The Federal Government has approved that intending pilgrims are to be sold the PTA at a concessionary exchange rate of N197.00 to the US dollar.
“No commission shall be charged by the banks for the sale of the PTA to the intending pilgrims. The Central Bank of Nigeria shall sale the PTA to the designated banks in Lagos and Abuja and the accounts of the respective banks shall be debited as soon as the funds are disbursed.”
Nigerians however took to social media to express their displeasure at the directive considering the economic challenges the country was facing.
See some of the reactions below:
????????Via: @Vall_erie: So CBN can fix rates at 197 for Hajj but not for businesses, education? This says it all! pic.twitter.com/5IyuTntoAE
— GIDI REPUBLIC (@GidiRepublic) August 5, 2016
hajj is a personal, if you cant afford it , why go https://t.co/KhorLOpFbs
— Reload Vitamins NG (@reloadvitamins) August 5, 2016
Those going to hajj & pilgrim what benefits is it to the poor Nigerian and our economy.States that are owing salaries will even sponsor some
— JESUS IS D REASON (@onyeka60) August 5, 2016
Hajj is made compulsory for Muslims that CAN afford NOT those that needs subsidy.
Leave Islam out of your outrage,kill Buhari if you CAN.
— Mallam Adamu Hayatu™ (@AHayatu) August 5, 2016
Hajj is NOT compulsory. You go if you can afford it, the government has no business subsidising it!
— Mr Boro. (@iamMrBoro) August 5, 2016
How will CBN verify that people are indeed going to hajj before they get the Hajj FOREX rate?
— Jamila (@JKFagge) August 5, 2016
This Hajj matter is the biggest failure of this government. Look at the stupid decision taken in a time like this! I’m hugely disappointed
— Proud Nigerian (@tweetMOPOL) August 5, 2016
How to Hammer; Collect subsidized dollars from CBN, go to Hajj, spend a fraction (you’ll be too busy praying anyway) come back sell at N400
— Imoh Umoren (@ImohUmoren) August 5, 2016
If @MBuhari ever needed a reason to begin the process of sacking the @CenBank Governor, this subsidized Hajj is it. Else they’re together.
— Bar Baric (@Bar_Baric) August 5, 2016
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