Buhari Approves N160 To $1 For Christian Pilgrims - Politics

Buhari Approves N160 To $1 For Christian Pilgrims - Politics - Nairaland

Nairaland Forum › Nairaland General › Politics › Buhari Approves N160 To $1 For Christian Pilgrims (2409 Views)

Buhari Approves N160 To $1 For Christian Pilgrims by Nobody: 8:38pm On Jul 13, 2015

President Muhammadu Buhari has approved a special exchange rate for this year’s Christian pilgrimage to Israel.

The Executive Secretary, the Nigerian Christian Pilgrims Commission, Mr. John Kennedy-Opara, disclosed this to State House correspondents shortly after briefing the President of the commission’s activities inside the Presidential Villa, Abuja.

Kennedy-Opara said Buhari has approved the rate of N160 to $1 for those who will take part in the exercise.

He said, “The President has approved $1 to N160 for the conventional exchange rate for this pilgrimage operation and he also agreed that he will continue to encourage us particularly as we drive to ensure self-sustenance, to make sure that the pilgrims are able to pay for the pilgrimages after removing government sponsorship.

“This is a journey and we are sure that we are going to succeed. So the President was very happy with the entire process.

“We are praying that God will help us to be a source of strength to Mr. President, so that the Federal government and states will spend the necessary resources on other things while the pilgrimage is self-funding as time goes on.”

Kennedy-Opara said the President was happy with commission after his presentation.

He said the commission was already running four different kinds of pilgrimages in one year.

He listed them to include Easter pilgrimage; the youth pilgrimage tagged “Operation catch them young”; the family pilgrimage and the main pilgrimage.

He said those going to Israel for the 11 days trip will pay N379,840, while the youth pilgrimage will cost N357,000.

“The beauty of what we are doing is that we have added skill acquisition. In other words, people who go on pilgrimage can undergo the skill acquisition programme organised by the Nigerian Christian Pilgrims Commission and Ministry of Agriculture, Israel to train our people in the area of agriculture.

“We are also introducing the pilgrimage pilot lottery scheme that will enable people who are lucky to be able to go on this trip without much dependence on the state and the Federal Government,” he added.

http://www.punchng.com/news/buhari-approves-n160-to-1-for-christian-pilgrims/

Re: Buhari Approves N160 To $1 For Christian Pilgrims by Nobody: 8:38pm On Jul 13, 2015

Baba go steady

1 Like

Re: Buhari Approves N160 To $1 For Christian Pilgrims by Nobody: 8:39pm On Jul 13, 2015

WHAT A WASTE

Re: Buhari Approves N160 To $1 For Christian Pilgrims by Nobody: 8:40pm On Jul 13, 2015*

And the government will pay the almost N70-N80 difference per $1? This Buhari is funny o. HÉs spending scarce resources to subsidise non-productive pilgrimage that has no impact on the lives of Nigerians. Kai Baba

2 Likes

Re: Buhari Approves N160 To $1 For Christian Pilgrims by DickDastardly(m): 8:41pm On Jul 13, 2015

Trojan Horse.

Re: Buhari Approves N160 To $1 For Christian Pilgrims by Nobody: 8:41pm On Jul 13, 2015

Abeg pilgrimage Naira different from the normal naira??

Good one Baba

Re: Buhari Approves N160 To $1 For Christian Pilgrims by Nobody: 8:45pm On Jul 13, 2015

Chosen1984:
Abeg pilgrimage Naira different from the normal naira??

Good one Baba

It means the govt will subsidize each person which means if a dollar is 200 all you will need is 160 naira on your dollar

so if your trip costs 100 dollars, the govt will give you 4,000 and you pay 16,000.

Might be wrong!

Re: Buhari Approves N160 To $1 For Christian Pilgrims by scribble: 8:49pm On Jul 13, 2015

Yevgeny:
It means the govt will subsidize each person up to 160 naira on a dollar which means if a dollar is 200 all you will need it 40 naira on your dollar
so if your trip costs 100 dollars, the govt will give you 16,000 and you pay 4,000

You are mistaken.

It means instead of buying dollar at the official rate

Pilgrims can buy it a 20% discount or so. 160#

Re: Buhari Approves N160 To $1 For Christian Pilgrims by Nobody: 8:49pm On Jul 13, 2015

My brother i think you not correct. There is no government assistance for pilgrimage

Yevgeny:
It means the govt will subsidize each person up to 160 naira on a dollar which means if a dollar is 200 all you will need it 40 naira on your dollar

so if your trip costs 100 dollars, the govt will give you 16,000 and you pay 4,000

Re: Buhari Approves N160 To $1 For Christian Pilgrims by Mamaflex(f): 8:50pm On Jul 13, 2015

barcanista:
And the government will pay the almost N100 difference per $1? Buhari is a renowned economist. Smh

Catch ya!

Re: Buhari Approves N160 To $1 For Christian Pilgrims by Nobody: 8:52pm On Jul 13, 2015

Sai Buhari

Re: Buhari Approves N160 To $1 For Christian Pilgrims by Nobody: 8:54pm On Jul 13, 2015

scribble:
You are mistaken.

It means instead of buying dollar at the official rate

Pilgrims can buy it a 20% discount or so. 160#

Yes it is still the same thing. the government is still subsidizing the the dollar form those travelling right?

1 Like

Re: Buhari Approves N160 To $1 For Christian Pilgrims by scribble: 8:56pm On Jul 13, 2015

Yevgeny:
Yes it is still the same thing. the government is still subsidizing the the dollar form those travelling right?

Yes but not at the 80% you stated b4.

The difference between 20% and 80% is 60%

So yes sort of the same thing.

Re: Buhari Approves N160 To $1 For Christian Pilgrims by Nobody: 8:56pm On Jul 13, 2015

scribble:
You are mistaken.

It means instead of buying dollar at the official rate

Pilgrims can buy it a 20% discount or so. 160#

You are mistaken. When did the "official" rate of the dollar become #160? It means the FG will subsidize the dollar for the intending pilgrims by making up for the difference. In other words if the dollar is at N230, the government will pay N70 per dollar for the pilgrims. This is a very stupid move if you ask me.

2 Likes

Re: Buhari Approves N160 To $1 For Christian Pilgrims by Eshinwaju: 8:56pm On Jul 13, 2015*

This makes no economic.....religious.....or developmental sense......... grin

.....baba if this is true.....then consider the waste of valuable forex reserves...... huh

.......at the current going rate in lagos....that's like an extra 75naira per $ huh

....

Re: Buhari Approves N160 To $1 For Christian Pilgrims by Viktor1983(m): 8:58pm On Jul 13, 2015

we need to stop all these govt sponsored hajj and pilgrimages. Y'all keep enriching Saudi and Israel

Re: Buhari Approves N160 To $1 For Christian Pilgrims by Eshinwaju: 8:58pm On Jul 13, 2015

barcanista:
You are mistaken. When did the "official" rate of the dollar become #160? It means the FG will subsidize the dollar for the intending pilgrims by making up for the difference. In other words if the dollar is at N230, the government will pay N70 per dollar for the pilgrims. This is a very stupid move if you ask me.

wonders shall ever end....the protection seeker and I actually agree for a change huh

........

Re: Buhari Approves N160 To $1 For Christian Pilgrims by Swagavillage(m): 8:58pm On Jul 13, 2015

Re: Buhari Approves N160 To $1 For Christian Pilgrims by Nobody: 9:03pm On Jul 13, 2015

Mamaflex:
Catch ya!

Are you also a pilgrim?

Re: Buhari Approves N160 To $1 For Christian Pilgrims by Nobody: 9:05pm On Jul 13, 2015

Eshinwaju:
This makes no economic.....religious.....or developmental sense......... .....baba of this is true.....then consider the waste of valuable forex reserves.............at theorise the going rate in lagos....that's like an extra 75naira per $....

Na the kind of #Change wey una give us.

1 Like

Re: Buhari Approves N160 To $1 For Christian Pilgrims by Mamaflex(f): 9:08pm On Jul 13, 2015

barcanista:
Are you also a pilgrim?

Nope!

Re: Buhari Approves N160 To $1 For Christian Pilgrims by Eshinwaju: 9:14pm On Jul 13, 2015

barcanista:
Na the kind of #Change wey una give us.

Given d number of people who would embark on the trip....the economic impact will be minuscule.......very negligible..... cheesy

....still not a good economic policy but politically, a good move.... cheesy

Re: Buhari Approves N160 To $1 For Christian Pilgrims by ERODEDEAST(f): 9:16pm On Jul 13, 2015*

Nonsense!!! Is this how to save the so called cost only the gullible will buy into this crap. This is just a waste of National Cash

He knows his aim that's why he started with the Christians.

Still looking for a President that will scrap this carp

Religion is not by force.

Re: Buhari Approves N160 To $1 For Christian Pilgrims by Nobody: 9:16pm On Jul 13, 2015

Mamaflex:
Nope!

I'm suspecting you kiss

Re: Buhari Approves N160 To $1 For Christian Pilgrims by Nobody: 9:19pm On Jul 13, 2015

Eshinwaju:
Given d number of people who would embark on the trip....the economic impact will be minuscule.......very negligible..... ....still not a good economic policy but politically, a good move....

Smh... It is bad politically and economically!

Re: Buhari Approves N160 To $1 For Christian Pilgrims by Eshinwaju: 9:27pm On Jul 13, 2015

barcanista:
Smh... It is bad politically and economically!

Think for a change.......my protection seeking friend...... cheesy

.......politically.....it endears him to the Christains who were very suspicious of him.........economically...it cannot costs the country more that $1m...... grin

....strategic move if you ask me......a political master stroke from a man whom you call a dullard huh

Re: Buhari Approves N160 To $1 For Christian Pilgrims by simeonii(m): 9:48pm On Jul 13, 2015

barcanista:
And the government will pay the almost N70-N80 difference per $1? This Buhari is funny o. HÉs spending scarce resources to subsidise non-productive pilgrimage that has no impact on the lives of Nigerians. Kai Baba

At least no one is complaining of been a religious fanatic here wink

Re: Buhari Approves N160 To $1 For Christian Pilgrims by fyneguy: 9:50pm On Jul 13, 2015

barcanista:
Smh... It is bad politically and economically!

You used to be logical while arguing; What happened to you? The official rate is still less than N200, why use N230?

Re: Buhari Approves N160 To $1 For Christian Pilgrims by gists: 9:59pm On Jul 13, 2015

Unfortunately for TANOIDS this news does not fit into the narrative of buhari is an Islamic fundermentalist. If gej had done this they would have praised him to high heavens. If buhari had dine this for Muslim pilgrims, the crying noice of wailers will continue for weeks to come. Meanwhile some of them actually like this news deep inside. But they just must criticize just because their clueless master lost.
A bit of sarcasm: Buhari is just pretending. His plan to islamize Nigeria is still in full swing. Tanoids will not be fooled grin

1 Like

Re: Buhari Approves N160 To $1 For Christian Pilgrims by glory2glory: 10:15pm On Jul 13, 2015

I thought they said he hates Christians and want to islamise Nigerians?

Re: Buhari Approves N160 To $1 For Christian Pilgrims by san316(m): 10:26pm On Jul 13, 2015

barcanista:
Na the kind of #Change wey una give us.

So much for the bigot right. You guys don't mean well for the country. That is why everything is wrong in your sight. What about the days of govt sponsoring pilgrims? Don't be a frigging hypocrite.

Re: Buhari Approves N160 To $1 For Christian Pilgrims by Nobody: 10:35pm On Jul 13, 2015

barcanista:
And the government will pay the almost N70-N80 difference per $1? This Buhari is funny o. HÉs spending scarce resources to subsidise non-productive pilgrimage that has no impact on the lives of Nigerians. Kai Baba

THIS GUY, YOU ARE A FOOL... smh

1 Like

1 2 Reply

FG Sacks John-Kennedy Opara As Christian Pilgrims Boss • FG Approves $11m For Christian Pilgrims - Vanguard News • 1 Dollar = 1 Naira: Buhari Approves An Exchange Rate Of N160 To $1 • 2 • 3 • 4

IGBOS, A PEOPLE THRIVING AMIDST ADVERSITY: WHO ARE THE IGBOS • Federal Character: 40 Early Appointments By Jonathan • PHOTO: Ambode Needs To See This To Solve Traffic Problem In Lagos