Monday, 25 March 2024 04:49

NAHCON increases 2024 hajj fare by N1.9m, cites Naira devaluation as reason

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National Hajj Commission of Nigeria (NAHCON) has increased the fare for the 2024 pilgrimage to Saudi Arabia by N1,918,032.91.

In a statement issued on Sunday evening by Farima Usara, NAHCON spokesperson, said intending pilgrims have up to March 28 to make payment for the spiritual exercise.

Usara said the development was due to the forex crisis which Nigeria has been battling for months.

The commission had initially pegged the fare for this year’s hajj at N4.9  million.

With the N1.9 million increment, intending pilgrims who had deposited N4.9 million will now pay N6.8 million in total.

“However, due to late remittances of Hajj fare by those concerned necessitated adjustments, resulting in two date shifts with the final being 12th of February 2024. Recall that as at 31st December 2023, Naira was still at N897:00 to a Dollar at the banks,” the statement reads.

“These shifts unfortunately pushed the Hajj fare collection deadline to fall after harmonization of foreign exchange rates, presenting a new and significant challenge.

“What the harmonization meant in the Hajj fare equation was that in the face of global financial challenges, coupled with the new forex policy, Nigerian pilgrims would now be saddled with an unexpected increase in Hajj cost, despite having already paid the fixed fare of about N4.9 million, depending on the departure zone as approved by government..

“Considering the urgency of the situation, NAHCON was forced to explore various options, including encouraging State Governments and affluent individuals to intervene on behalf of their pilgrims. This window still remains open. This will compliment the intervention of the Federal Government that went the extra mile to support the Nigerian Muslim pilgrims in the discharge of their religious obligation. Commendably, government’s policy focus of bringing down the exchange rate has given the Hajj fare reduction a boost.

“The good news now is that with Naira having appreciated to N1,474.00 to a Dollar over the preceding week and after due consultation with stakeholders, coupled with NAHCON’s desire to ensure equitable spread of the Federal Government’s intervention to all the already registered pilgrims whose payments have been received, the Commission resolved that each pilgrim would now have to pay a balance of N1,918,032.91 in accordance with the current foreign exchange rate.

“Intending pilgrims that still wish to participate in the 2024 Hajj are by this release advised to proceed and pay a balance of N1,918,032.91 latest by 11:59 pm of 28th March 2024. The Commission will shut down its system by 29th March and no other payment would be accommodated after.”

 

The Cable

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