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4 banks approved to implement Hajj savings scheme

The FrontierThe FrontierFebruary 26, 2025 2300 Minutes read0

•Pilgrims departing for Hajj

The National Hajj Commission of Nigeria (NAHCON) has approved four banks to support and implement the Hajj Savings Scheme.

Abdulbasit Abba, an official in the Information and Publications Division of NAHCON, announced the development in a statement in Abuja yesterday.

Abba stated, “A significant milestone for the Hajj Savings Scheme, three new Islamic banks—Taj Bank, Alternative Bank, and Lotus Bank have officially joined the initiative to support Nigerian pilgrims.

“These banks will operate alongside Ja’iz Bank, bringing the total number of participating financial institutions to four.

“The official signing and acknowledgment of the appointment letters took place at Hajj House in Abuja, where representatives from the three new banks received their official letters from the National Hajj Commission of Nigeria (NAHCON).

“The Commissioner for Policy, Personnel, Management, and Finance, Prince Abdullazak Aliu, presented the letters on behalf of the Chairman/CEO, Prof. Abdullahi Usman.

“This expansion marks a new era for the Hajj Savings Scheme, ensuring a more robust financial structure to facilitate pilgrimage arrangements for Nigerian Muslims.”

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