Emir Muhammadu Sanusi II of Kano state has taken a peep into his days as the governor of the Central Bank of Nigeria (CBN) and how he was criticized by some Nigerians for attracting an Islamic bank to the country.
Emir Sanusi with Aliko Dangote, one of Africa’s richest businessmen
The Jaiz Bank was introduced to Nigeria under Sanusi and at that time, some Nigerians claimed there was a plan to Islamise the country.
Emir Sanusi also said he was tired of building mosques and urged other Muslims to focus more on educating children in the north instead of building worship centres.
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He said the management of Jaiz Bank approached him and told him there was only N1 billion to invest when the rule was that to open a bank, the capital must be N5 billion.
He said he contacted one of the richest men in Africa who provided the remaining N4 billion.
To those who claimed it was a ploy to Islamise the country, he noted that the current governor of the CBN, Godwin Emefiele, is now at the head of the bank’s management.
In a message he posted on social media, the emir said: “When Jaiz bank came up with the idea of getting a license for the operation of the bank, they proposed the funding of the bank’s capital with interest and I said no, you can’t fund a non-interest bank with interest. The required amount to be issued license was N5 billion at that time and they had only N1 billion.
“I took my phone and called one of the richest men in Africa who is a Nigerian and a Muslim. I told him that N5 billion is needed for an Islamic bank to start operation and the founders have N1 billion, and he instantly agreed and issued a cheque of 4 billion. That is how the license was issued.
“Some Nigerians thought the introduction of Islamic banking in the country was a move to Islamize Nigeria. No at all, everything that is
:Today, Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), is the chairman of the governing board and head of the general assembly of the International Islamic Liquidity Management Corporation (IILM).
“Is that an agenda of Islamizing Nigeria? No, It was done for the promotion and guidance in financial inclusion. That is how we are,” he noted.
Speaking on the tradition of early marriage and the problem associated with the girl child in the north, the emir called on stakeholders to invest more on girl child education than building mosques.
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According to him, “75% of 18-15 married women in the country today are not educated, that is why the society is producing illiterate mothers and children. I am tired of building mosques daily.
“We keep building mosque while our children are not educated, our foundations and NGO’s should give much focus and priority to girl child education, the mosques are OK enough.
“I am currently drafting a bill that will be sent to the state Assembly for legislation against early marriage. We need to ban it, all this issues of maternal health and Almajiri are courtesy of early marriage as a result of lack of education for our girl children, this is bringing us back.”
Watch the video of a young man calling for the mass burial of Nigerian leaders for failing the country:
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