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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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    October 10, 2019 at 7:05 pm

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Danbatta, NCC boss, bags prestigious Zik Prize

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NCC EVC Profile Picture

Nasiru Yusuf

The Executive Vice Chairman and Chief Executive of the Nigerian Communications Commission (NCC), Umar Garba Danbatta, has emerged the winner of the 2019 Zik Prize, in the professional leadership category.

Kano Focus reports that a member of the Advisory Board of the prestigious award Pat Utomi announced the winners in a webinar on Thursday.

Mr Utomi said Danbatta and Kennedy Uzoka, the Group Managing Director/Chief Executive Officer of United Bank for Africa (UBA) are the winners in that category.

“Prof Umar Garba Danbatta is a square page in a square hole.

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“An academic professor, Danbatta has, through the NCC, led the charge to drive Nigeria’s industrial revolution and knowledge-based economy leveraging telecommunications.

“Telecommunications’ contribution to the Gross Domestic Product (GDP) of Nigeria has grown by 70 per cent from 2015 to 2020, whilst broadband penetration has leaped from 8 percent to 42 percent, in the same period.”

“His leadership has enhanced transparency and innovation in the sector, such that recently, NCC was acknowledged by the International Telecommunication Union (ITU), as one of Africa’s foremost regulator,” Mr Utomi observed.

In a letter of nomination in July 2020, which was jointly signed by the Chairman of the Board, Jubril Aminu, and Utomi, the NCC boss was described as “an outstanding public servant, whose initiatives and reforms had contributed to Information and Communications Technology (ICT) playing a leading role in the socio-economic development of Nigeria.”

The Zik Prize was set up in 1994 in honor of the first President of Nigeria, late Nnamdi Azikiwe, with a view to encouraging and nurturing leadership in Africa and the diaspora.

Among the past winners are: former President of Ghana, J. J. Rawligs (1995); Late Nelson Mandela, President Yonweri Muzeveni of Uganda and former Chairman of NCC’s Governing Board, Ahmed Joda, among other illustrious leaders of the continent.

This year’s winners include the Senate President, Ahmed Lawal and the Secretary to the Government of the Federation, Boss Mustafa, who won in political leadership and public service categories, respectively.

Others are Governor of Borno State, Babagana Umara Zulum, his counterpart from Delta State, Senator Ifeanyi Okowa and Oyo State Governor, Engr. Oluseyi Makinde, who won in good governance category.

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Schools reopening: Kano SUBEB urges principals to obey Covid-19 protocols

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Danlami Hayyo

Mukhtar Yahya Usman

The executive chairman, Kano State Universal Basic Education Board (SUBEB), has urged primary school Head teachers and junior secondary schools principals to obey Covid-19 protocols whenever schools reopened.

Kano Focus reports that Danlami Hayyo made the call while declaring open a two day workshop on post Covid-19 measures.

Kano SUBEB spokesperson, Balarabe Danlami Jazuli said in a statement issued to Kano Focus that the theme of the workshop is ‘’safety measures in schools against Covid-19: developing skills during and after the pandemic. ‘’

According to the statement, Mr Hayyo said the training was organized by the Universal Basic Education Board Commission (UBEC) in conjunction with the SUBEB for State School Improvement team.

No resumption date for Islamic schools in Kano

He said the participants would step down the training to primary schools Head teachers and principals of junior secondary schools.

“The workshop is aimed at ensuring healthy and conducive learning environment for both teachers and pupils and also to prepare for full resumption of school children to protect them against the deadly disease – covid 19.” Mr. Hayyo said.

One  of the participants Ubale Garba, said they are ready to replicate the knowledge acquired during the training.

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Vice-chancellor: YUMSUK shortlists 8 candidates

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YUMSUK

Mukhtar Yahya Usman

The Yusuf Maitama Sule University Kano (YUMSUK) has shortlisted eight professors for the post of vice-chancellor.

Kano Focus reports that YUMSUK spokesperson Abdullahi Abba Hassan said this in a statement issued on Thursday.

He said the  vice-chancellor selection board will interview the shortlisted candidates on  September 29 and 30.

“The process was delayed due to Covid-19 pandemic, while the tenure of the former Vice Chancellor came to an end on May 17, this year.” Mr Hassan said.

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He said all the eight candidates are Kano state indigenes from various institutions of learning.

They include Shehu Ma’aji, professor of Technology Education at Kano University of Science and Technology  (KUST) Wudil, Mukhtar Kurawa, professor of inorganic Chemistry and Rector Kano state Polytechnic, Bako El-Yakub Jibri, professor of Chemical Engineering at Ahmadu Bello University (ABU) Zaria, and Ali Tijjani Abdullahi, professor of special education at Bayero University Kano (BUK).

Others are Balarabe Jakada, professor of Business Management and Provost of Aminu Kano College of Islamic and Legal Studies, Aliyu Musa, professor of Curriculum and Instruction at YUMSUK, Sadiq Abubakar, professor of Agricultural Engineering at ABU Zaria, and Lawal Alhassan Bichi, professor of Pharmacology at BUK.

Meanwhile the new pro-chancellor and chairman of the Governing Council of the YUMSUK, Muhammad Yahuza Bello has assumed duty.

Mr Bello, professor of Mathematics and immediate past vice-chancellor of BUK, pledged to serve the university diligently.

 

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