– Following
serious criticisms against the policy of the Central Bank of Nigeria to make
dollar available to Muslim pilgrims at N197, the presidency has reacted
– The CBN
announced the policy in a circular dated August 4 to all authorised dealers in
forex and the general public, but this gesture was heavily criticised
– The
presidency has said the same gesture to the Muslim pilgrims was extended to
Christians on pilgrimage and that the CBN has offered explanations
The presidency
has said that Christian pilgrims are also beneficiaries of the subsidy on
foreign exchange offered to Muslim pilgrims recently.
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