20160805

CBN directs banks to sell Dollars to Hajj Pilgrims at just N197; Nigerians React

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:







10 comments:

  1. This country and her policies at times are demoralizing. Gosh! Adonbilivit. smh

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  2. Is a welcome development, we need God in Nigerian more than any other thing call business or economy, If we seek God every other thing will be in place.

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  3. With this development, it looks like the vehicle of CBN is a push and start car. The driver has no say of his own.

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  4. This CBN governor is contributing to the hardship

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  5. This is ridiculous sardonic. Why CBN can't sell to business people at the same rate..... This is horrendous

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  6. Buhari don start to dey vex me o!

    #Olu, can you see?

    ReplyDelete

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