Sanusi, PFN disagreee over islamic banking in Nigeria

Started by emezico, Jun 26, 2011, 04:40 PM

emezico

The Governor of Central Bank of Nigeria, Mallam Lamido Sanusi, and the the Kaduna State chapter of the Pentecostal Fellowship of Nigeria on Saturday disagreed over the decision by the apex bank to introduce JAIZ Bank, an Islamic bank in Nigeria.

Sanusi, during a speech on BBC Hausa service monitored in Kaduna, said those kicking against the introduction of Islamic banking in Nigeria, were not conversant with the current happenings across the world.

He further stated that, the move to introduce the JAIZ Bank in Nigeria had been on even before he assumed the leadership of the apex bank, adding that high-ranking officers of the CBN who are Christians were not opposed to the idea. 

However, the Kaduna State PFN Chairman, Bishop David Bakare, in a statement, said the action of the apex bank would further polarise the country along religious line, and the timing of such initiative was wrong.