Home Islam Sanusi makes stunning revelations about Islamic banking in Nigeria and reveals those who oppose it

Sanusi makes stunning revelations about Islamic banking in Nigeria and reveals those who oppose it

  • Former CBN Governor and Emir of Kano, Lamido Sanusi has once again shed light on Islamic banking in Nigeria and how some prominent figures in the country are bent on lying using disguised religion
  • According to Sanusi, the Islamic bank is in no way related or linked to the Islamization of the country and there are no plans to do so
  • The former monarch further said that the benefits of the Islamic banking model were significant while noting that ten years on, the narrative has changed and is embraced by non-Muslims.

The 14th Emir of Kano and former Governor of the Central Bank of Nigeria (CBN), Alhaji Muhammadu Sanusi II, has accused some Nigerians of manipulating religion to conceal the truth.

He made this claim while reacting to the backdrop of controversy that followed the introduction of the interest-free financial system otherwise known as Islamic banking.

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Sanusi, who was a guest at the 5th National Companion Address, an association of Muslim men in business and professions, held at the University of Lagos, said CBN was trying to explain people that there was no such thing as the Islamization of the countryside, Daily Trust reports.

Sanusi: Nigerians are manipulating religion to conceal the truth
Sanusi talks about Islamic banking in Nigeria. Photo credit: Sanusi Lamido Sanusi
Source: Facebook

Those who are against

However, he said the CBN could not stop because of the few people who refused to listen to the apex bank’s explanations, noting that the benefits of the Islamic banking model were enormous.

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The conversation now

According to him, non-Muslims later embraced it after considering the huge benefits that come with it, as 40% of those who initially subscribed to Jaiz Bank shares are non-Muslims.

He said:

“We’ve had people who either know the truth or don’t want to know the truth but choose to manipulate religion for other reasons.”

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2023: Are politicians ready for tough times as Sanusi sounds the alarm again?

At almost every corner of the city centers, Nigerians are engaged in continuous permutations, discussions and debates over what kind of leadership the country deserves.

Some agree with the idea that a country deserves the leadership it gets. They argued that Nigeria deserved a leader who would not succumb to public sentiment, but one who only acts on the policy of his administration. Others, however, are of the view that a listening leader who takes into account the opinions of Nigerians would do better.

According to the latter’s school of thought, the country is where it is today because the rulers have refused to listen to the masses when they cry out. They believe that if this continues, those who come to power in 2023 will have more problems to face than the leadership of President Muhammadu Buhari.

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2023: Sanusi talks about his seat as president

Earlier, Legit.ng reported that Sanusi denied considering a seat for the presidency in 2023, saying he was content to be the spiritual leader of the Tijaniyyah.

He said this in Abeokuta, capital of Ogun State, in response to a question at a reception marking the 80th birthday of Babanla Adinni of Egbaland, Chief Tayo Sowunmi.

The former CBN Governor noted that he had held various positions in the past and present “and I will be eternally grateful to Allah”.

Source: Legit.ng