One of the greatest challenges faced by prospective pilgrims is raising the full payment for Hajj straight away. The cost ranges between ₦8.3 million to ₦8.7 million for Nigerian pilgrims in 2025. Instead of taking on debts or liquidating assets to meet these costs, the Hajj Savings Scheme offers an alternative by spreading the financial burden over several years, making it less daunting for participants.

For millions of Nigerian Muslims, the Hajj pilgrimage represents not only a religious obligation but also a lifetime spiritual aspiration. However, the global rising cost of performing Hajj, has made the journey increasingly out of reach for many. Timely enough, the National Hajj Commission of Nigeria (NAHCON) had introduced a promising initiative: the Hajj Savings Scheme (HSS). This scheme offers Nigerian Muslims a structured, long-term planning approach to fund their pilgrimage.

If fully embraced by both the government and the Muslim community, the Hajj Savings Scheme has the potential to make Hajj more affordable, accessible, and financially sustainable for Nigerians in the future.

The Hajj Savings Scheme, developed by NAHCON in collaboration with Jaiz Bank, is designed to help prospective pilgrims save for Hajj gradually over time. Through the scheme, individuals can make regular contributions to a dedicated account, earning interest-free returns while accumulating sufficient funds for the pilgrimage.

The scheme not only addresses the immediate financial pressure of Hajj payments but also promotes a culture of financial discipline and long-term planning within the Muslim community.

Key Benefits of the Hajj Savings Scheme

1. Ease of Financial Planning

One of the greatest challenges faced by prospective pilgrims is raising the full payment for Hajj straight away. The cost ranges between ₦8.3 million to ₦8.7 million for Nigerian pilgrims in 2025. Instead of taking on debts or liquidating assets to meet these costs, the Hajj Savings Scheme offers an alternative by spreading the financial burden over several years, making it less daunting for participants.

2. Stability Amid Rising Costs

Global inflation, exchange rate fluctuations, and increased costs of services in Saudi Arabia have contributed to higher Hajj fares. By saving over time, individuals are less vulnerable to sudden price hikes. Additionally, the scheme allows NAHCON to lock in early contracts with Saudi service providers, potentially securing lower costs for accommodation, transportation, and other services.

3. Subsidy Opportunities Through Government Partnership

If widely adopted, the Hajj Savings Scheme could encourage greater governmental involvement in subsidizing or supporting Hajj costs. Countries like Indonesia and Malaysia have demonstrated how effective savings schemes can make Hajj affordable. In Indonesia, for instance, the government uses funds from its Hajj savings program to provide subsidies for pilgrims, resulting in fares that are significantly lower than Nigeria’s. Nigeria could emulate this model, using contributions from the HSS to negotiate better deals and provide financial relief to pilgrims.

4. Promoting Financial Inclusion

The HSS also aligns with efforts to promote financial inclusion, particularly for low- and middle-income Nigerians. By providing an accessible platform to save for Hajj, it empowers more Muslims to achieve their religious aspirations without facing undue financial hardship.

The Nigerian government has a crucial role to play in ensuring the success of the Hajj Savings Scheme. First, it must provide policy support and incentives that encourage participation. For example, introducing tax benefits for HSS contributors could motivate more people to join.

Second, the government can work with NAHCON to ensure transparency and efficiency in the management of funds. Building public trust in the scheme is critical, as skepticism about financial mismanagement could deter potential participants.

Finally, the government can leverage HSS funds to negotiate more affordable Hajj packages. Bulk purchasing of services such as flights and accommodation would lower costs for Nigerian pilgrims, creating a win-win situation for all stakeholders.

While government support is important, the success of the HSS ultimately depends on the buy-in from Nigerian Muslims. The Muslim community must recognize that the Hajj Savings Scheme is a practical solution to the financial challenges associated with Hajj. Religious leaders, Islamic organizations, and community groups have a significant role to play in raising awareness about the scheme and educating Muslims on its benefits.

Beyond financial savings, the scheme also aligns with Islamic values of planning, discipline, and financial prudence. By adopting the HSS, Nigerian Muslims can not only fulfill their religious obligations but also set an example of responsible financial management for future generations.

A Vision for the Future

If properly utilized, the Hajj Savings Scheme could revolutionize the way Hajj is organized and funded in Nigeria. Over time, it could reduce the financial stress associated with the pilgrimage, enabling more Muslims to participate without compromising their financial stability. Additionally, the scheme could help Nigeria transition toward a more efficient, subsidized Hajj system similar to those in Indonesia and Malaysia.

By embracing the HSS, the Nigerian government and Muslim community can work together to ensure that the Hajj remains a cherished, attainable experience for all. It is time for Nigeria to fully commit to this innovative initiative, paving the way for a more affordable and sustainable future for pilgrims.

Shafii is a staff of NAHCON.