See how Nigerians react as CBN directs banks to sell Dollars to Hajj Pilgrims at just N197

The Central Bank of Nigeria, CBN, on Thursday directed banks and authorized forex dealers to sell the Pilgrims Travelling Allowance, PTA, to intending pilgrims at a concessionary exchange rate of N197 to $1. Soon after the directive was issued, Nigerians started complaining.

What is the crux of the matter? People are wondering why Business men and woman can’t get Dollar at a cheaper rate to do their business, which enable them to create jobs for jobless Nigerians. But in the case of religion, which should be a personal obligation, CBN was quick to intervene.

Even the chairman of National Human Rights Commission, Ben Angwe, is not happy. See reactions:






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