2025 Hajj Fare May Rise As Federal Gov’t Suspends Concessionary Exchange Rate

2025 Hajj Fare May Rise As Federal Gov’t Suspends Concessionary Exchange Rate …C0NTINUE READING HERE >>>

 

Intending pilgrims for the 2025 Hajj in Saudi Arabia will pay more as the Federal Government announced the suspension of subsidies on Hajj fares.

The National Hajj Commission of Nigeria (NAHCON) confirmed the removal of the subsidies which automatically eliminates the concessionary exchange rate that allowed pilgrims to purchase foreign currency at a lower rate through the Central Bank of Nigeria (CBN).

The Commission, in a statement signed by its spokesperson, Fatima Sanda Usara, said, “There will be no concessionary exchange rate from the government for Hajj fare payment for…

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