News

Hajj: Five States With $383m Debt Budget N9bn For Pilgrims

Published

2 years ago

April 7, 2024

Editor

Five states; Kogi, Kebbi, Jigawa, Bauchi and Kano states, have subsidised Hajj fares for 10,260 intending pilgrims for the 2024 exercise, with a combined sum of N9,120,997,990 billion.

The subsidy payments by the various states’ governments follow the announcement of the National Hajj Commission of Nigeria, asking already registered pilgrims to pay an additional sum of N1.9m to balance up fares for the 2024 exercise, in accordance with current foreign exchange rates.

With the deadline for the payment given as March 28, the 48,414 pilgrims had only about 72 hours between the time of the announcement of the increase to either come up with the funds to secure their seats or apply for a refund of their money.

In the days that followed the expiration of the deadline, Kogi State Government under Governor Ahmed Ododo was the first to announce full payments of the sum for its 460 pilgrims.

The Kano State Governor, Abba Yusuf, also announced a N500,000 subsidy for each of its 2,906 pilgrims, followed by Governor Bala Mohammed of Bauchi State, who announced a subsidy of N959,000 for the 2,290 pilgrims in the state, while Jigawa and Kebbi state governments also subsidised fares with N1m each for its 1,260 and 3,344 pilgrims respectively.

There are also reports that the Rivers State Government paid the total fare for the intending pilgrims, while the Osun State Government subsidised the fares with an undisclosed amount.

The subsidies given by the states are beside the N90bn subsidy allegedly given by the Federal Government to reduce the burden of the fares on the intending pilgrims.

Meanwhile, the states have a combined debt profile of $382.9m, with Kogi indebted to the tune of $54.3m, Kebbi $40.8m, Jigawa $26.2m, Bauchi $170.4m, and Kano $101.3m, as of June 2023, according to the official website of the Debt Management Office.

This, however, will not be the first time governors have sponsored citizens on pilgrimage.

Between 2022 and 2023, 13 state governors spent N14.84bn to sponsor about 4,771 persons on both Muslim and Christian pilgrimages.

A resident of the FCT told our correspondent on the condition of anonymity that “all in all, N5bn set aside for thousands of students and N90bn earmarked for pilgrim subsidy. This can only happen in a country where leaders have no regard for quality education but believe in presenting fake certificates”.

Another respondent, who simply identified himself as Michael, expressed annoyance with the development, stating, “It’s annoying to see government on this path. Why subsidise for the rich who can afford to go on pilgrimage, either Christian or Muslim? Instead subsidise the price of food and transportation, which is what mostly affect the masses”.

Meanwhile, the National Hajj Commission of Nigeria has disclosed that over 50,000 pilgrims have completed payments for the 2024 Hajj exercise under the government quota.

NAHCON made the disclosure in a statement by the Assistant Director, Public Affairs, Fatima Usara, on Saturday.

According to the statement, the official number of pilgrims now stood at 51,477 after the close of registration for the year’s exercise.

A breakdown of the numbers revealed the sub-total from Borno, Adamawa, Yola, Taraba and Yobe states as 5,492 pilgrims; northern sub-total, 36,261 pilgrims; Southern sub-total, 6,310 pilgrims, while the remaining 3,384 pilgrims were from the Hajj Savings Scheme and others, making the total 51,447.

Usara thanked the Federal Government for its “leading role” and “numerous sacrifices”, towards easing the burdens of the intending pilgrims, while also appreciating State governors and other stakeholders for providing support.
PUNCH

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

2 hours ago

May 6, 2026

Editor

Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

He has been a regular feature for Lazio this season.

News

Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

Published

2 hours ago

May 6, 2026

Editor

The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

“This contradiction will no longer be tolerated,” the statement said.

News

N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

Published

4 hours ago

May 6, 2026

Editor

First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

“Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

“By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.