Atedo Peterside, the founder of the ANAP Foundation and Stanbic IBTC, has blasted the Federal Government’s N90 billion Hajj subsidy for 2024, claiming it will be detrimental to the country’s economy.
Peterside made this statement on Politics Today on Channels Television.
In light of the next election cycle, he underlined that the action has political overtones.
He said, “This is not about religion but about politics. We are mixing religion and politics. So, what do we now expect Christians to do? – to say they want their own share of this subsidy.”
Tinubu Approved N90 Billion to Subsidise Cost of 2024 Hajj – Shettima
“How are you going to refuse them? This is all about politics, perhaps someone feels that ‘it is time for me to score some cheap political points.
“You now come and send the wrong signal about our economy at a time when our economy is in deep trouble. We need to bring ourselves out of the hole. Each time you turn around and do something insignificant like this and throw away N90 billion, you set back the process by which investors and others can take you seriously.
For me, it is not about just religion and pilgrimage; it is the setback of the economy by sending the wrong signals. The government should stop sending the wrong signals.”
Recall that Bola Tinubu provided N90 billion in subsidies for the 2024 Hajj, as revealed by Kashim Shettima on Wednesday.
Reports Reveal How Buhari, Tinubu Govts Gulp N90 Billion On Presidential Air Fleets
“You may recall that this year, we had a major challenge in announcing the final hajj fare for the 2024 Muslim pilgrimage due to fluctuation in foreign exchange rates,” Shettima was quoted as saying by the News Agency of Nigeria.
“Bola Tinubu also works round the clock to control the downward spiral of our local currency to bring relief to our pilgrims and other Nigerians.
“A move that eventually succeeded in lowering the fare. Tinubu approved the release of N90 billion to subsidize the cost of pilgrimage for this year’s hajj,” Shettima had said.
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