Senate asks Nigerian govt to make dollar available to pilgrims at N200


The Senate’s call, on Thursday, followed the adoption of the report on “Extortion of Pilgrims By National Hajj Commission” by its committee on foreign affairs presented by Monsurat Sunmonu, APC-Oyo.

“The Government should as matter of urgency extend concession on the Naira – Dollar exchange to NAHCON and NCPC, once in every year, for the pilgrimages to the two Holy Lands,” read the report.

“Therefore, the committee strongly recommends the concession of N200 to $1 for 2017 Hajj to bring down cost to the bearable level,” it added.

Adamu Aliero, APC-Kebbi, said the the Central Bank of Nigeria had been offering dollar at N200 to some unnamed businesses, while seeking the support of the Senate to adopt the recommendation on the exchange rate.

“You said CBN has been giving some businesses dollar at N200?” asked Senate President Bukola Saraki, calling Mr. Aliero to restate his claim.

“If some businesses are getting that concession, pilgrims also deserve it,” Mr. Saraki said, after an affirmation by Mr. Aliero.

The dollar currently exchanges for 365 naira in the black market, and about 315 naira in the interbank.

Via: premiumtimes

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