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Sunday, August 7, 2016

PLEASE CAN THEY DO ECONOMY SUBSIDY FOR NIGERIANS JUST LIKE Dollar Subsidy For Muslims and Christains pilgrims.....Kano, Kaduna get largest share


hehehehe...abeg if possible make Buhari do like that too to order CBN to do for Nigerians too...hehehehe....Findings on the 2016 pilgrims for the top ten states showed that Kano state with total pilgrims of 5,808 has the highest entitlement with subsidy provided by Federal Government, followed by Kaduna State.
While Kano enjoyed subsidy to the tune of N708,053 million, Kaduna state with 5,649 pilgrims has subsidy of N688.6 million, Vanguard reports.

 Buhari-lesser hajj
Others are Sokoto State 5000 pilgrims with subsidy of N609.5 million; Katsina state 4,598 pilgrims with N560.542 million; Kebbi state 4,107 pilgrims with N500.684 million, Niger state 3,226 with subsidy of N393.281 million; Abuja (FCT) 2,975 pilgrims with N362.682 million; Bauchi State 2789 pilgrims with N430.006 million; Borno state 2581 pilgrims with N314,649 million and Jigawa 2,405 with N293.193 million.
They are to purchase a minimum of $750.00 and a maximum of $ 1,000.00 as Purchase of Pilgrims Travelling Allowance (PTA)
The CBN in a circular issued on Thursday to all Authorised Dealers and General public, signed by Acting Director, Trade & Exchange Department, W.D Gotring stated that the Federal Government has approved that intending pilgrims are to be sold the PTA at a concessionary exchange rate of N197.00 to the US dollar.
According to the circular “No commission shall be charged by the banks for the sale of PTA to the intending pilgrims; The CBN shall sale the PTA to the designated banks in Lagos and Abuja and the accounts of the respective banks shall be debited as soon as the funds are disbursed.”
The CBN further said, “Each designated bank is required to sell to the CBN the unutilised funds not later than two weeks from the date of the last inward flight to Nigeria from Jedda, while the accounts of the banks shall be credited promptly.”
The apex bank further noted that “The approved schedule showing the distribution of the pilgrims expected to perform the 2016 Hajj and the designated banks that will handle the sales of the PTA to the pilgrims in the Federal Capital Territory, FCT ,each states state of the federation , the Armed Forces and the National Hajj Commission Headquarters , is stated for guidance.

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