My Facebook update from yesterday on this topic:
This insensitive and incompetent media team does not understand that, apart from the usual suspects whose criticism is motivated by narrow primordial considerations, the outrage is about government's financial subsidy on the performance of a private religious duty and not about who is getting the subsidy. Even if you extend the Forex subsidy to Ifa and other traditional pilgrims, it would still be wrong. You'd still be discriminating against more than 170 million Nigerians. Besides, isn't Nigeria experiencing dollar scarcity? Why then are we awarding this scarce currency to a select group of religious pilgrims? And did Buhari not tell Nigerians whose kids are studying abroad to withdraw them if they cannot afford to buy foreign exchange from the parallel market to pay their school fees? Nigeria befuddles.
On Sat, Aug 6, 2016 at 6:11 PM, Toyin Falola <toyinfalola@austin.utexas.edu> wrote:
Moderator's puzzle
The policy to give concessionary dollar exchange rate to pilgrims does not seem to me to make economic sense.
And to those of us who think this way, it is not a religious argument. Indeed, I can make the argument that spiritual needs are a necessity. And to someone like me with many Muslim family members, it is not an opposition to an established practice. I am aware of the long-established preferential treatment for pilgrims, Muslims and Christians but the economic climate and diminished oil revenues call for a rethinking.
It is a rational argument of state policy which calls for a conversation on opportunity cost:
What about support for industries and manufacturers who create jobs?
Foreign reserves?
Health issues?
Youth education and empowerment?
Payment of salaries?
Remittances of companies we owe?
May be I am wrong!
Sent from my iPhone
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