Senate Okays N200/$ Exchange Rate for Nigerian Pilgrims

It was part of the recommendations by the Committee on Foreign Affairs on “The Extortion of Pilgrims by the National Hajj Commission of Nigeria’’ presented by the Chairman, Sen. Monsurat Sunmonu, at plenary.
Speaking on the issue, Senate President Bukola Saraki, said “we passed the 2017-2019 Medium Term Expenditure Framework (MTEF) and based on it, we have passed what should be the exchange rate which is N305 to a dollar.
“We should make laws that are truly going to guide our people because we have MTEF which says the exchange is N305.
“If with passing MTEF nobody should be given N200, but businessmen are getting N200, then, definitely pilgrims deserve N200 as well,” he said.
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