Savings scheme

Representatives order suspension of savings program by NAHCON – The Whistler Nigeria

The House of Representatives has ordered the National Hajj Commission of Nigeria (NAHCON) to suspend the implementation of the Hajj savings scheme.

This followed the adoption of a motion of urgent public importance by Representative Aminu Ashiru-Mani (APC-Katsina) during Thursday’s plenary in Abuja.

The house has instructed its pilgrim affairs committee to investigate the hajj savings plan.

He also instructed the committee to review the entire agreement between NAHCON and JA’IZ Bank, its partner on the plan, and report back within two weeks.

Ashiru-Mani said the program was established in 2006 for Muslim pilgrims to save for Hajj.

According to him, within two years of NAHCON partnering with JA’IZ Bank to help would-be pilgrims save under the scheme, the customer base grew to over 4,000 without any one billion naira savings in the account.

He alleged a lack of transparency and accountability in the savings plan.

According to him, if development is not addressed, it will lead to corruption in the system and disregard of the law.

The Vice President of the House, Ahmed Wase, in his contribution, explained that for more than two years, prospective pilgrims have been contributing to the program, but unable to perform Hajj due to the coronavirus (COVID-19) pandemic. .

He further alleged that against the law establishing the commission, the commission plunged its hand into the fund.

Source link