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Islamic finance best option for economic development–Emir Sanusi

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Emir Muhammadu Sanusi II

By Mukhtar Yahya Usman

Emir of Kano Muhammad Sanusi II, has said Islamic Financial system remains the best option to drive economic and social development across the globe.

The Emir stated this on Tuesday at an International Conference on Islamic Finance, with the theme “Islamic Finance: Mobilizing Resources for Economic and Social Development” organized by the International Institute of Islamic Banking and Finance (IIIBF) Bayero University, Kano.

He said there is a need for financial inclusion as provided for by the tenets of Islamic Finance as a way of bailing out poor countries from financial mess and ensure economic growth and stability.

The emir said his doors are always open for suggestion and financial advice to BUK, IIIBF and other groups towards mobilization of resources and ideas in line with the concept of Islamic finance.

Earlier, the Vice Chancellor of Bayero University, Kano Professor Muhammad Yahuza Bello who was represented by Professor Kabiru Isa Dandago, highlighted the positive contributions of Islamic finance not only to Muslim countries but to secular nations as well.

In her remarks,  the Director of IIIBF Professor Binta Tijjani Jibril, explained that the conference was organized to create more awareness on the principles of Islamic finance.

She expressed delight at the large turnout of participants from within and outside Kano state.

On his part, Sulaiman Barau, former deputy governor of the Central Bank of Nigeria (CBN) said the adoption of the principles of Islamic finance by developing nations will serve as a key to achieving the United Nation’s Sustainable Development Goals (SDG’s).

Mr Sulaiman noted that it was the challenges of global social and economic development that led to the adoption of the SDGs by the United Nations.

However, he explained that the SDGs are only achievable with a sustained mobilization and efficient use of resources while ensuring even economic and social development in which Islamic finance can play a key role.

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AIG orders investigation of Policeman seen voting in Kano APC Congress

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Aminu Abdullahi

The Assistant Inspector General of Police in charge of Zone Abubakar Sadiq Bello has ordered the investigation of unprofessional conduct of a policeman caught on camera voting during state congress of All progressive Congress (APC) in Kano.

KANO FOCUS reportsthat in view of the unprofessional conduct of the policeman, the AIG has referred the matter to the Zonal X-Squad for investigation.

A statement issued on Monday by Zonal Police Public Relations Officer Abubakar Zayyanu identified the police officer as Bashir Mohammed attached to the government house, Kano, from where he was deployed to work with the state Chairman of APC Abdullahi Abbas as a security aide.

Mr Zayyanu noted that if the inspector is found to have committed an offence by this action, the appropriate disciplinary measure will be taken against him.

He further assured the general public that further development on the matter will be communicated.

The statement reads in part.

“The attention of the Inspector-General of Police Zone one Headquarters, Kano has been drawn to a trending picture on social media, of an inspector of police casting vote at the recently conducted Kano State congress of the APC along with his principal, the state party chairman, Abdullahi Abbas.

“The inspector of police has been identified as Bashir Mohammed of the Special Protection Unit, Base One, Kano. The inspector is attached to the government house, Kano from where he was deployed to work with the said Abdullahi Abbas as a security aide.

“In view of this seemingly unprofessional conduct of the inspector, the AIG has referred the matter to the Zonal X-Squad for investigation.

“If the inspector is found to have committed a disciplinary offence by this action, the appropriate disciplinary measure will be taken against him.

“Finally,  we want assure members of the public that further development on the matter will be communicated please.”

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EFCC Grills Rabiu Kwankwaso

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Rabiu Kwankwaso

Nasiru Yusuf

The Economic and Financial Crimes Commission (EFCC) on Saturday grilled former governor of Kano State, Rabiu Musa Kwankwaso over allegations of abuse of office, diversion of public funds and fraudulent allocation of government properties to cronies.

KANO FOCUS reports that Kwankwaso, a chieftain of the Peoples Democratic Party, was first invited by the EFCC in September but failed to honour the invitation as reported by Channels TV.

An associate of the politician informed Channels Television that Kwankwanso may have been invited in relation to a petition by some retired employees of the Kano State Government.

The retired employees had told the EFCC that the former governor mismanaged pension remittances to the tune of N10 billion between 2011 and 2015, to fund a housing project for his cronies.

EFCC spokesperson, Wilson Uwujaren did not comment on the interrogation of the former governor when contacted on Saturday.

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Crisis rocks Kano APC as Ganduje, Shekarau hold parallel Congress

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Aminu Abdullahi

Crisis rocked Kano chapter of All Progressive Congress (APC), as Governor Abdullahi Umar Ganduje and faction loyal to former governor of Kano and serving Senator Ibrahim Shekarau held parallel state congress.

KANO FOCUS reports that while Ganduje group held their congress at Sani Abacha stadium, faction loyal to Shekarau had their own at Janguza town, Tofa local government area.

Ganduje’s led group endorsed Abdullahi Abbas as state chairman of APC for a second term in a consensus arrangement, while the faction loyal to Shekarau announced Ahmadu Haruna Zago as newly elected chairman of APC in Kano state.

Reports shows that the security have earlier disrupted Shekarau’s camp congress at Sani Abacha youth centre and sealed the premises before they moved to Janguza where they held the election.

Below are some pictures of the parallel Congress.

Governor Abdullahi Ganduje while voting at Sani Abacha stadium

 

Governor Abdullahi Ganduje with APC chieftains

 

Delegates at Sani Abacha stadium

Ballot box

Factional chairman of Kano APC Ahmadu Haruna Zago

Ahmadu Haruna Zago and Abdilkadir Jobe

APC factional congress at Janguza

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