HomeHajjHajj 2024: NAHCON gives breakdown of N90bn Hajj intervention fund

Hajj 2024: NAHCON gives breakdown of N90bn Hajj intervention fund

Author

Date

Category

POST VIEWS

The National Hajj Commission of Nigeria (NAHCON) has given a breakdown of how it spent the N90 billion Federal Government’s intervention fund for the 2024 Hajj.

The Chairman, CEO of National Hajj Commission, NAHCON, Malam Jalal Arabi, gave the breakdown at a news briefing in Abuja.

Arabi said that each pilgrim was supported with N1,637,369.87 from the N90 billion except for pilgrims under the Hajj Savings Scheme (HSS) who enjoyed more.

He said, ”How to spread this N90 billion equitably, to such a degree that registered pilgrims would not have to pay additionally to the N4.9m, was tough.

- Advertisement -

”At first, the N90 billion would only cater conveniently for about 18,000 intending pilgrims out of the about 50,000 duly registered persons as at March 22, 2024.

” Subsequently, appreciation of the Naira to N1, 474.00 in the month of May 2024 brought respite to our calculations as it meant a reduction from what the registered pilgrims would have to top up.”

READ ALSO: Retired Hajj administrators laud stakeholders for 2024 Hajj Success, call for a more transparent Hajj policy

- Advertisement -

READ ALSO: NAHCON mourns death of former chairman ‘s wife, Hajia Binta Sambo Abdullahi

READ ALSO: NAHCON Chairman, Jalal Arabi participates in ceremonial washing of Kaaba

Arabi explained that NAHCON devised a distribution strategy which played a crucial role in ensuring that all the stakeholders associated with the 2024 Hajj benefited from the financial stability through the Federal Government’s support.

- Advertisement -

He said: ”Each pilgrim was supported with N1,637,369.87 from the N90 billion except for pilgrims under the Hajj Savings Scheme (HSS) who enjoyed more.

” Hence, all registered intending pilgrims, except those on HSS, were required to pay a balance of N1,918,094.87 since the N90 billion was not sufficient to make up for the balance.

” However, new registrants were asked to pay N8, 454,464.74 being exempted from the Federal Government’s intervention.”

Arabi also said that it was on record that eligible officials and stakeholders from all the tiers of government enjoyed the subsidy from the money.

On the pilgrims’ Basic Travel Allowance (BTA), he said that the commission, in agreement with the state pilgrims’ representatives, approved a BTA of $500 per pilgrim.

This, according to him, was part of measures put in place to reduce the cost of Hajj fare.

Arabi said,” As at April 24, 2024 when NAHCON remitted the pilgrims’ BTA into their respective States Pilgrims Welfare Boards accounts, the Dollar exchange rate was N1,252 to a dollar.

” Based on this rate, N626,000 was paid for the value of 500 dollars.

” However, the banks later issued BTA to pilgrims at a rate higher than N626 depending on the cost of foreign exchange at the time the respective states requested for the BTAs.

” This caused a shortfall to the original value.”

He said that the commission expected that the banks were supposed to honour the exchange rate obtainable on April 24, 2014, the day the BTA was deposited and to pay the pilgrims based on that rate.

Arabi assured that going forward, NAHCON would engage the Central Bank of Nigeria (CBN) to avoid future occurrence.

He added that NAHCON would continue to assess and improve its processes to better serve the pilgrims and uphold the sanctity and significance of Hajj.

Arabi said, ”Be rest assured that NAHCON remains committed to transparency and accountability in all aspects of our operations.

” We will continuously seek to improve our processes to ensure equitable access to facilities and services for all the pilgrims, thereby upholding the sanctity and inclusivity of the Hajj experience.”

- Advertisement -

We Want Your Kind Support

Reporting the cradle of Islam requires a lot of money. We will not be deterred in our task by bringing to you instant happenings around the world, particularly as it concerns Islam. Keeping all our readers informed and educated is our goal.

Click Here to Join Our WhatsApp Group

For continued free access to in-depth news and detailed information, kindly consider making a modest donation to this noble cause.
Help to sustain reportage of Islam all around the globe and ensure everyone gets free access to it at all times.

DONATE NOW       

spot_img

Kaaba News E-Magazine

spot_img

RECENT POST

Lagos will continue to prioritize training of staff for quality service...

0
The Hon. Commissioner for Home Affairs, Hon. Olanrewaju Ibrahim Layode has given assurances that the State Government would continue to give utmost priority to...
spot_img

POPULAR POST