This huge loss because aboki wan go Saudi. Which way Nigeria?

ollah1:


He did same thing for Christian pilgrims


http://www.thenationonlineng.net/new/buhari-okays-n160-to-1-for-christian-pilgrims/

Which one is more important? Reducing exchange rate for religious jamboree with no effect on our economy and increasing exchange rate for things that will bring value and succor to our lives

ollah1:


He did same thing for Christian pilgrims


http://www.thenationonlineng.net/new/buhari-okays-n160-to-1-for-christian-pilgrims/

Which one is more important? Reducing exchange rate for religious jamboree with no effect on our economy and increasing exchange rate for things that will bring value and succor to our lives

ojun50:


don't hate being a Nigeria jst pray Nigeria get better in a short time

hmmmmmm. I cannot waste my time to pray for better naija but i will spend my time supporting failure of naija because since i was born i always hear it shall be well,infact let it not be well again. Bleep naija wia human called lower animals live.

dowjones:


Are you drunk?

nooo..at work....i am a leader of a construction group...am happy...the more i work the more respect i get.,,,everybody want to make selfie with me....nice people...

i am a urhobo brother..

tsdarkside:


you mean 8years...

their is no way anything you bring now will fly!!!...

The same way a sitting president was ousted by free and fair elections last year, will be the same way this government will GO in the next 2+ years

tsdarkside:


i dont think white jesus can help you in in economical matters..

THIS WAN IS TRYING TO MANAGE HILMSELF!!!

Frankly speaking bra. You no too get brain like that.
See all your comments, no sense. No likes...
It's a pain to read your comments.

tsdarkside:


i dont think white jesus can help you in in economical matters..

THIS WAN IS TRYING TO MANAGE HILMSELF!!!

What are you saying sef

we have to wait...the concrete has not arrived yet...

tsdarkside:


IN SIMPLE LANGUAGE::.,YOU LIKE ILLEGAL BUSINESS THAN LEGAL BUSSINESS...

you suppose to be doing bussiness only with cbn and not black market because you get 3000naira more..!!!,,,

dont you get it??..




you are the ones messing everything up that yaya opogbo fouht and died for....

your mind is corrupt,thats why you always get corrupt leaders..,,

a corrupt tree can not bare rightous fruit!!!..

your were warned of leavened bread a looooooonnñgggg time ago....

see wetin oshogbo weed and poor economy don cause oooo

magicminister:
The Central Bank of Nigeria has issued a circular instructing commercial banks to sell dollars to Pilgrims going to the Hajj at an exchange rate of N197.

The Central Bank explains that the sale of the forex will be funneled through commercial banks who are then mandated to sell to pilgrims at N197. Pilgrims are expected to purchase a minimum of $750 and a maximum of $1000 per pilgrim.
he circular also reveals there are a total of 65,197 Pilgrims, thus the CBN will sell as much as $65,197,000 assuming every Pilgrim buys as much as $1000 each.

Nigeria’s official exchange rate closed at about N315 which suggest that this sale could cost Nigerian tax payers about N7, 693, 246,000 in exchange rate loss (based on 315 -197=118).

This is not the first time the Central Bank is selling dollars to Pilgrims at a subsidized rate. Last August it also sold dollars at N160 at a time when the official exchange rate was about N197. Only that this time, the disparity is wider.

The implication for Nigerian tax payers is that the government is now incurring this sort of expense at a time when the economy is likely in a recession and millions are finding it hard to feed themselves. It is also at a time where the Nigerian government is running cap in hand begging foreign investors to invest in Nigeria so that we can boost our external reserves.

It also calls to question suspicions that government officials may be getting travel allowances at a different exchange rate from what is obtainable at the official interbank market.

The Central Bank of Nigeria floated the Naira on the 20th of June 2016 following a year-long policy of holding the exchange rate at a fixed rate of about N197/$1. Since floating the naira, the exchange rate has depreciated by as much 60% at the interbank and over 100% at the parallel market. The dollar closed at about N400 at the parallel market on Thursday.

http://nairametrics.com/cbn-to-lose-n7-6-billion-in-tax-payers-money-for-selling-dollars-to-hajj-pilgrims-n197/

http://www.vanguardngr.com/2016/08/2016-hajj-sell-dollars-to-pilgrims-n197-cbn-authorises-banks/

This is a clear demonstration that Nigeria has a very long way to go before attaining the status of a civilised country. The dollars being sold at knocked down price to pilgrims (both Christians and Muslims) is not right, it is unjustifiable. It is not the business of Nigerian government to bankroll the cost of religious pilgrimage since it is not the responsibility of the government to facilitate the triumphant entry of Nigerians to paradise or hell. The immediate responsibility of the government of Nigeria is to make life easy for Nigerians by providing social facilities and infrastructures, functional healthcare delivery, qualitative education for Nigerian kids and helping the poor people of Nigeria to have a meaningful existence. The people in charge of Nigeria should live up to their responsibilities rather than engaging in trivial enterprise.

kaziblake:
What are you saying sef

i can not help you if you can not help yourself...sorry..

i have a job..and i am happy..

Vanillaskin:
Please with all the so called MOG in this country that claim to be able to see this and that, how come non of them where able to see into the future to warn us before now about this Buhari body odor we are suffering now

This is just too unfortunate, this government is so insensitive to the common man

Why no one saw saw this coming .
I just don't know if I can take it anymore

You were warned but you did not listen. They used corruption & boko haram to send GEJ out of power, then we begin to wonder, has Nigeria ever been corrupt or insecurity free? Buhari is a curse on this country, he is a religious fanatic & a bigot who is equally illiterate. This country has gone to the dogs & the suffering is just starting, before 2019 I wonder how many will be left at this rate. Karma is at work but God will protect the just!!

yemaldo:
Buhari okays N160 to $1 for Christian pilgrims

http://thenationonlineng.net/buhari-okays-n160-to-1-for-christian-pilgrims/
So guys let's stop pretending

which pilgrims do Christians go to?

Pavarottii:
First Class Citizens. Shebi wen FFK was asking whether Christians are second class citizens; I saw comments of people raining insults on him that he is a thief, he is trying to cause division etc... now I hope we can see with our clear eyes; that FFK was right, this is just an example.

Even Christian business men will never get this opportunity. But Muslims will get it for a vacation.

Christians open ur eyes; cos wen it will come to ur doorstep, don't say FFK didn't warn u.

Take Monkey to London, that will not stop it from eating banana. Buhari is a religions bigot. if Christian are not careful, this is just the beginning of his ground plan. If he can sacrifer the economy of the whole country for his religion. funny enough is my christian brothers that will say it doesn't matter so long is buhari. Buhari Knows what his plan was that is why he uses all his energy to fight those who will criticize him, today what soever he does nobody says anything apart from Fayose. But God will deliver us.

tsdarkside:


i can not help you if you can not help yourself...sorry..

i have a job..and i am happy..

Are you sure you are okay?Bro you need phycological help

Whoever formulated or approved this policy must be a bastaaard! Africa is indeed a cursed continent.

bigcil2:

The same way a sitting president was ousted by free and fair elections last year, will be the same way this government will GO in the next 2+ years

This almajiri govt will end before 2019.a more intelligent person needs to take that position

proeast:
You were warned but you did not listen. They used corruption & boko haram to send GEJ out of power, then we begin to wonder, has Nigeria ever been corrupt or insecurity free? Buhari is a curse on this country, he is a religious fanatic & a bigot who is equally illiterate. This country has gone to the dogs & the suffering is just starting, before 2019 I wonder how many will be left at this rate. Karma is at work but God will protect the just!!

buhari is a general mind you!!!...do you even understand what it means to be a general in a organized structure...

nigeroa was organized..we didnt start well,but we tried to be organized
....

you are fighting against the organization of 1890..

remember dan fodio that hated your double dastardness,..

what the hell are you doing whorshiping white man??

was dan fodio not in war against the white world??

did any moslem allowed you to depict mohamed as white-man.??....never

you will die in vain!!!

Useless people, Useless hypocrites! When he did the same for christians, there was no talk of christianizing the country, there was no talk of 'this is a bad economic policy' , there was no talk of 'buhari cannot manage the country' , there was no talk of 'christians are second class citizens' , now they have put on their lip glosses and typing like children of hate. Nonsense! Well Sorry to inform you. Until you bring a better alternative to buhari, he will preside until 2023 (don't tell us jonathan, or any of those PDP crooks), Until you bring an alternative to APC, APC will rule until 2060(don't tell us that demonic PDP).

Henon:
This huge loss because aboki wan go Saudi. Which way Nigeria?

Dont you get it? This is part of the ongoing islamisation policy of Buhari. He is economically empowering the moslems by dashing them money, multiply 203*1000=203,000 naira of free money giving to each Ab.oki for excursion to Saudi Arabia. They will still sell this same dollars to us and smile to the banks!!!

this is very wrong, it should be stopped

Vanillaskin:
Please with all the so called MOG in this country that claim to be able to see this and that, how come non of them where able to see into the future to warn us before now about this Buhari body odor we are suffering now

This is just too unfortunate, this government is so insensitive to the common man

Why no one saw saw this coming .
I just don't know if I can take it anymore

biafrans saw it and vote against it but many is against dem. Pls stop complaining we are used to it since 1967 till date.

tsdarkside:


IN SIMPLE LANGUAGE::.,YOU LIKE ILLEGAL BUSINESS THAN LEGAL BUSSINESS...

you suppose to be doing bussiness only with cbn and not black market because you get 3000naira more..!!!,,,

dont you get it??..

you are the ones messing everything up that yaya opogbo fouht and died for....

your mind is corrupt,thats why you always get corrupt leaders..,,

a corrupt tree can not bare rightous fruit!!!..

your were warned of leavened bread a looooooonnñgggg time ago....

Dude stay off cheap intoxicants!

veekid:



Which one is more important? Reducing exchange rate for religious jamboree with no effect on our economy and increasing exchange rate for things that will bring value and succor to our lives

that is not the essence of his post. He is only trying to inform all the hypocrites who are calling him a religious bigot, those who are trying to say he did it for MUSLIMS. They all actually forgot he first did it for Christians. Its a bad economic policy alright but 90% of the religious hypocrites here are insulting because they want to play that religious bigot card.

erusen:
which pilgrims do Christians go to?

Seriously?

bashorunbazok:
Many people are blinded with hatred. Did he not order thesame for Christians going on pilgrimage recently?


President Muhammadu Buhari has approved N160 to $1 exchange rate for the Nigeria Christian Pilgrims Commission’s (NCPC) operations.

The commission’s Executive Secretary, John Keneddy-Opara, told State House correspondents after briefing Buhari on the commission’s activities at the State House, Abuja.

He said: “As you are aware, he has approved $1 to N160 for the conventional exchange rate for this pilgrimage operation and he also agreed that he will continue to encourage us, particularly as we drive to ensure self-sustenance, to make sure that the pilgrims are able to pay for the pilgrimages by removing government sponsorship.

“This is a journey and we are sure that we are going to succeed. So, he was very happy with the entire process. We are praying that God will help us to be a source of strength to Mr.

President, so that the Federal Government and states will spend the necessary resources on other things while the pilgrimage is self-funding as time goes on.

“We are already running four pilgrimages in one year. The first is the Easter pilgrimage, which has passed, the Youth Pilgrimage which we termed operation catch them young, the family pilgrimage and the overall pilgrimage. For those going to Israel for the 11 days trip, it is N379,840 and for the youth pilgrimage, it is going to cost N357,000.”

Nigerians on pilgrimage, he noted, can now undergo skill acquisition programme organised by the Nigerian Christian Pilgrims Commission and Israel’s Ministry of Agriculture, towards training them in the area of agriculture.

He added: “We are introducing the pilgrimage pilot lottery scheme that will enable people who are lucky to be able to go on this trip without much dependence on the state and the Federal Government.”

He said he was in the State House to brief the President on the activities of the commission.

“I came to brief the President on the activities of the Nigerian Christian Pilgrims Commission. Earlier, my colleague, the Chairman of Hajj Commission had come to brief him.

“I had to tell him where we are and how we started the commission and where we are today and our prayers. I want to say that the President was very happy with the commission and he said the commission has done very well.”
http://www.thenationonlineng.net/new/buhari-okays-n160-to-1-for-christian-pilgrims/

For Muslims, for Christians, it is wrong at this time when we are in serious economic problems.

I have friends on scholarships abroad who are stranded as the payment hasn't come as agreed. This is a very wrong move. What economic benefit had sponsoring pilgrimage for Muslims and Christians done for our economy?

If the free oil money want wasn't there, would it be the same?

tempest02:



For Muslims, for Christians, it is wrong at this time when we are in serious economic problems.

I have friends on scholarships abroad who are stranded as the payment hasn't come as agreed. This is a very wrong move. What economic benefit had sponsoring pilgrimage for Muslims and Christians done for our economy?

If the free oil money want wasn't there, would it be the same?

Bro, we know it's wrong but people should stop talking as if Buhari did it to favor Muslims

maigida511:
Pls for all those saying rubbish about buhari,he is not the one that made you poor jst ur lazyness.when he did thesame for the christains in 2015 where were you people? This is sumtin the govt does for evri pilgrim be it muslim or christian,but I blame the networks dat made data so cheap dat evri jack and jill comes on line and yarn trash about what they don't have facts on all because their man,a sitting president couldn't win an election.pls get over it and think of how you can make better use of your time..

Keep quiet. you thought you are rich when you are poor in brain. work on your brain because brain poverty is the worst poverty on earth.

veekid:
Im a Muslim, but this is an act of being bias now

Read the post above u. Same was done to Christians not quite long ago but the Muslims did not make noise about it. So why the noise now. Let me tell u, it is very rare to hear or read a comment from Muslims condemning either the Christians directly or whatever is done by the government to make their religious practice easy for them but the very moment similar gesture is extended to the Muslims, it becomes noise all over the places. One goat posted that Islamic pilgrimage is an excursion. Well, what I will say is that the world has so changed that confirmed offenders are claiming innocent and at the same time accusing the actual innocent ones. Btw Christian and Muslim pilgrimage I wonder which is more of religious practice than the other. While pilgrimage is an important pillar in Islam, I wonder what the position of such visit in christianity is. Additionally, with or without such palliative measure the intending pilgrims will still embark on the mission because it is not compromised.

wxyz1:
Keep quiet. you thought you are rich when you are poor in brain. work on your brain because brain poverty is the worst poverty on earth.

This is not about keeping quiet. U with wealthy brain, pls prove him wrong.

erico2k2:

xtian or mulim, of waht Economic value does this add to Nigeria, the only benefactors are Jerusalem and Saudi Arabia.

Even our tourism&hospitality sector that is suppose to rake in revenue to the country is near comatose,yet we pride ourselves in going to enrich another man's land at the expense of ours.