The Nigerian Hajj Media Support Team acknowledges the concerns raised regarding the exchange rate used in computing the 2025 Hajj fare and the subsequent fluctuations in the forex market.
However, it is essential to clarify the circumstances surrounding the fare structure and the exchange rate application.
Fixed exchange rate determination
The N1,600/USD exchange rate applied to the Hajj fare was based on the official rate provided at the time of computation and submission for approval.
NAHCON, like other government agencies handling international transactions, relies on official financial institutions for forex allocations and does not independently determine exchange rates.
Government Regulatory Framework
Hajj fares are meticulously calculated, factoring in airfare, accommodation, feeding, transport, and other essential services. These costs are negotiated and agreed upon months before the pilgrimage to ensure adequate planning.
Exchange rate fluctuations post-approval do not automatically translate into immediate refunds, as financial transactions for services are executed progressively.
On the Call for Refunds
NAHCON Chairman had earlier revealed that the Commission estimated exchange rates between ₦1,550, ₦ 1, 600 and ₦1,650, adjusting to fluctuating market conditions. He further assured that:
“If we secure a reduction in forex rates, we will refund any savings to the pilgrims.”
The commission remains committed to this promise as assures by it’s Chief Executive Officer, and any surplus arising from forex differentials after all payments are completed will be handled transparently in accordance with regulatory guidelines.
NAHCON’s Legal Mandate
NAHCON was established and operates under the law. As such, no individual or group has the authority to dictate how the Commission should discharge its responsibilities. The commission remains committed to fulfilling its mandate with integrity and professionalism while ensuring the best interest of Nigerian pilgrims.
Commitment to Transparency
The current leadership of NAHCON remains committed to transparency, accountability, and service delivery. The commission has consistently engaged stakeholders and will continue to do so in ensuring that pilgrims receive the best possible service.
While NHMST appreciates the role of all stakeholders in advocating for pilgrims, it urges all stakeholders to rely on official communications for verified updates regarding Hajj operations.
Nigerian Hajj Media Support Team
20th February 2025
