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FG subsidised 2024 Hajj with N90bn – Shettima

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Vice President, Kashim Shettima, has disclosed that his principal, President Bola Tinubu, subsidised the 2024 Hajj with N90 billion.

He stated this when he represented Tinubu to flag off the inaugural airlift of the 2024 Hajj exercise from Nigeria to the Kingdom of Saudi Arabia at the Sir Ahmadu Bello International Airport Birnin Kebbi on Wednesday.

Shettima urged the intending pilgrims to pray for peace, unity, and progress in the country, urging the intending pilgrims to abide by all rules and regulations of the Kingdom of Saudi Arabia and urged them to avoid any illicit act capable of affecting the integrity of their Hajj.

“Mr president has been committed to this year’s Hajji due to the economic situation, he has also contributed the sum of N90 billion to subsidise this year’s Hajj exercise to have a smooth and successful exercise.

”You may recall that this year, we had a major challenge in announcing the final hajj fare for the 2024 Muslim pilgrimage due to fluctuation in foreign exchange rates.

”President Bola Tinubu also works round the clock to control the downward spiral of our local currency to bring relief to our pilgrims and other Nigerians.

”A move that eventually succeeded in lowering the fare. The President approved the release of N90 billion to subsidised the cost of pilgrimage for this year’s hajj.”

He said that the government of Renewed Hope led by Tinubu attaches immense importance to religious pilgrimage due to the role it plays in transforming behavioral and social vices of the believers beyond performing the pilgrimage.

Earlier in his remarks, the Kebbi State Governor, Dr Nasir Idris, said this year’s Hajji signifies a sacred journey for thousands of devoted pilgrims who embarked on a spiritual voyage to the Holy Land.

He explained further that Hajj is a time to honoured tradition that holds great significance for Muslims around the world.

“It is a journey of faith, devotion, and unity where believers come together to fulfill one of the five pillars of Islam, the pilgrimage to Mecca is a profound experience that fosters a sense of community, humility, and spiritual renewal,” he said

The governor urged the people that they should remember the significance of this sacred ritual, adding that Hajji remained a testament to the unity of Muslim Ummah, transcending geographical boundaries and cultural differences.

“It is a time for reflection, prayer, and seeking forgiveness, as well as an opportunity for personal growth and self-discovery,” he added.

He commended the Federal Government, National Hajji Commission, and those that were involved for their commitment to the successful exercise.

Idris noted with satisfaction that Kebbi was the first state to remit 2024 Hajj fare in Nigeria, adding the intending pilgrims from Kebbi were given special treatment by the present administration to comfort them toward a successful Hajj exercise.

The governor said his administration had spent N900 for infrastructural development of the Hajj Camp in Birnin Kebbi to make it more conducive for the intending pilgrims

In his remarks, the NAHCON National Chairman, Alhaji Jalai Ahmad Arabi, thanked the President and Kebbi governor for their support and cooperation towards the success of this year’s Hajji exercise.

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Navy warns Nigerians against recruitment fraudsters

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The Nigerian Navy has warned the public to beware of scammers impersonating the Chief of Naval Staff, Vice Admiral Emmanuel Ogalla, on Facebook and other social media platforms.

The Director of Naval Information, Commodore Aiwuyor Adams-Aliu, stated this in a statement on Thursday in Abuja.

Adams-Aliu said that Vice Admiral Ogallah did not have a Facebook account, warning that any account found in his name should be treated as fake and be reported via Meta mechanism.

According to him, also worrisome are the activities of fraudulent individuals exploiting unsuspecting citizens seeking recruitment into the Nigerian Navy.

He said that investigations revealed certain individuals seized the opportunity provided by the Nigerian Navy recruitment to dupe unsuspecting citizens by collecting huge sums of money from them.

“A notable case is that of Mrs Grace Elijah, who was arrested at the Landmark Hotel at Trailer Park in Eleme Local Government Area of Rivers on May 9 for alleged involvement in enlistment fraud.

“Mrs Grace Elijah is a member of a syndicate that collected the sum of N1.4 million from 13 civilians with a promise to facilitate their participation in the recently concluded Direct Short Service Commission (DSSC) 29 Selection Board Exercise.

Disclosing that Elijah and other suspects have been handed over to the Nigeria Police for prosecution, he added: “The public is also to note that authentic recruitment/enlistment processes by the NN are conducted through official channels and are well-publicised through reputable media platforms, including the official website of the Nigerian Navy” (www.navy.mil.ng).

“For emphasis, please note that recruitment/enlistment into the NN is completely free and the Navy will never ask any candidate to make any form of monetary payment throughout the entire process.”

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Sanusi reinstated as Emir of Kano four years after deposition

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Muhammadu Sanusi II, deposed as the Emir of Kano four years ago, has been reinstated to the throne by Governor Abba Yusuf.

Yusuf announced the decision on Thursday after signing the Kano State Emirate Council (Repeal) Bill 2024 into law.

“With the full support of the kingmakers, I have approved the reappointment of Malam Sanusi Lamido,” Abba said.

The new law replaces the Kano State Emirates Council Law, 2019, and dissolves the emirate councils created by former Governor Abdullahi Ganduje.

By the law, Ganduje had created the emirates of  Karaye, Bichi, Rano, and Gaya, in addition to Kano in December 2019.

The former governor had also dethroned  Sanusi II after a long-running dispute in March 2020.

Earlier on Thursday, the state assembly had passed the repeal into law during plenary .

The Deputy Speaker, Muhammad Butu, explained that repealing the law would revive the lost glory of Kano as the division of Kano emirate to five reduced the capacity and dignity of the state at the national level.

“This bill in its entirety has abrogated the establishment of the five new Emirates in the state and reverted to the former status of a single Emir in Kano which we inherited since the Jihad of Shehu Usman Dan Fodio,” said Majority Leader Lawal Hussaini Chediyar Yan Gurasa after the repeal was passed on Thursday.

“The abolished Emirates did nothing but create division among the indigenes of Kano. The unity which was visible for thousands of years in Kano was divided. We are now reverting to our old historical background; one Kano, one people, one Emir,” Yan Gurasa stated.

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FX inflow in Nigeria surges by 136% in Q1 2024 – CBN

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The Central Bank of Nigeria has said FX inflows into the country surged by 136 per cent in the first quarter of 2024 compared to last year.

CBN governor Olayemi Cardoso, represented by Blaise Ijebor, director of Risk at the apex bank, disclosed this recently at the 8th edition of the Vanguard Economic Summit.

He stressed that the country witnessed a spike in foreign investment portfolio inflows in Q1 2024.

“In Q1, we saw a massive spike in inflows. The FX flows into the country in the first quarter of 2024 were 136 per cent of our total inflows in 2023.”

Data from the FMDQ website showed that the total foreign portfolio inflow for Q1 2024 (N93.37 billion) was more than quintuple for Q1 2023 (N18.12 billion).

The development comes as foreign exchange inflows into Nigeria surged to a five-year high in March, and investor confidence improved due to the central bank’s reforms.

Meanwhile, foreign investment portfolio outflow also surged during the period under review.

 

 

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