News
FG to End Hajj Subsidy for 2025, Pilgrims to Pay Full Fare
The National Hajj Commission of Nigeria (NAHCON) has announced that the federal government will not provide a subsidized exchange rate for the 2025 Hajj, meaning intending pilgrims will pay the full fare.
According to NAHCON spokesperson Fatima Sanda Usara, the government will no longer offer any concessionary exchange rate for both state-sponsored and private Hajj operators.
If the naira remains at its current rate of ₦1,650 per dollar, pilgrims could face costs nearing ₦10 million for the pilgrimage. Some states’ welfare boards have already asked pilgrims to deposit ₦8.5 million in anticipation of the final fare announcement.
Additionally, NAHCON confirmed that Nigerian pilgrims from the 2023 Hajj will receive a refund of 150 Saudi Riyals. The commission also shared updates about the reduction of private tour operators and clarified financial details from previous Hajj caution deposits.
The Federal Airports Authority of Nigeria (FAAN), has announced power shut down in International Terminal 2 of the Murtala Muhammed International Airport, Lagos. The power shut down will be between 1am and 4:30 am on 16th Saturday of November.
According to the Director of Public Affairs and Consumer Protection, Obiageli Orah, the power shut down will only cause minimal disruption to flight operations. The director also apologises for any inconvenience in might cause to the passengers and stakeholders.
Former Director of the Budgetary Department, Central Bank of Nigeria, (CBN), Dr Titus Okunrounmu, advises the federal government to ensure the geopolitical zones specialise in a particular food item.
He gave this statement during an interview with NAN on Friday in Ota. He states that this approach will help the country manage inflation and reduce it.
“If the governments in the six geopolitical zones specialise in the production of one food item, automatically, inflation rate would be reduced to the minimised level.” In addition, Nigerians need to embark on farming to stem the prices of goods and services, which is reflected in the inflation figure.”
The Supreme Court has dismissed a lawsuit filed by Attorneys General of several states seeking to abolish the Economic and Financial Crimes Commission (EFCC) Act.
The suit, initially brought by Attorneys General from 16 states, aimed to challenge the legal establishment of the anti-graft agency. Over time, some states, including Anambra, Ebonyi, and Adamawa, withdrew from the case, while others, such as Imo, Bauchi, and Osun, joined as co-plaintiffs during the October 22 hearing.
The apex court subsequently struck out the suits of the withdrawing states and dismissed the broader case, upholding the EFCC Act.
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