spot_img
spot_imgspot_img
October 1, 2026 - 7:39 AM

2025 Hajj: CBN Okays Cash After VP Shettima’s Intervention

—

In a major win for intending Hajj pilgrims, the Central Bank of Nigeria (CBN) has greenlit cash transactions for the 2025 pilgrimage, ditching its earlier plan to enforce debit card-only payments.

This policy shift follows high-level intervention by Vice President Kashim Shettima, who personally appealed to President Bola Tinubu on behalf of Nigerian pilgrims through the National Hajj Commission of Nigeria (NAHCON).

The CBN had previously mandated the use of ATM cards linked to Basic Travel Allowance (BTA) accounts for all pilgrims — a move that sparked concerns over logistical nightmares and accessibility challenges in Saudi Arabia.

Speaking to reporters after a meeting with the VP, NAHCON’s Commissioner for Policy, Personnel Management & Finance, Aliu Abdulrazaq, hailed the decision as a “landmark achievement.”

“With just one ATM available in key pilgrimage zones, card-only transactions would’ve been chaotic,” Abdulrazaq said. “Most of our pilgrims are rural farmers who struggle with electronic payments. Cash is simply more practical.”

NAHCON Secretary Dr. Mustapha Muhammad Ali clarified that the change isn’t a subsidy or federal government concession, but a pragmatic adjustment made out of necessity. “Our people don’t shop in malls, they buy from street vendors in Mecca and Medina who take only cash,” he explained.

Backing the decision, CBN Director and NAHCON Board Rep Abba Muhammad Aliyu said the welfare of Nigerian pilgrims remains top priority. “Financial literacy among pilgrims is low, we had to make life easier for them.”

Pilgrims will now receive their BTA in cash at the market rate, a move expected to make the 2025 Hajj operations smoother and more accessible for thousands of Nigerian Muslims heading to the holy land

0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted

Share post:

Subscribe

Latest News

More like this
Related

Wike Reveals Why He May Resign as FCT Minister in January 2027

Minister of the Federal Capital Territory, Nyesom Wike, has...

Tinubu to Address Nigerians at 7am as Nation Marks 66th Independence Anniversary

As Nigerians prepare to mark 66 years of independence,...

Guardiola Speaks After Man City’s 115-Charge Verdict

Former Manchester City manager Pep Guardiola has broken his...

Adekunle Gold Shares Sickle Cell Crisis on Tanzania Flight

Nigerian singer Adekunle Kosoko, who performs as Adekunle Gold,...
Join us on
For more updates, columns, opinions, etc.
WhatsApp
0
Would love your thoughts, please comment.x
()
x