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Zamfara to invest N1.5b in Jaiz Bank

20 September 2013, 13:30

Gusau - The Zamfara government will invest N1.5 billion in Jaiz Bank to ensure its sustainable operation in the state and encourage interest-free banking, Governor Abdulaziz Yari, has said.

The governor made the disclosure on Thursday in Gusau while inaugurating the state's branch of the bank.

He pledged the state government's readiness to cooperate with the bank, stressing that “we want to have the largest shares in Jaiz Bank.”

“I also want to encourage business men in the state to invest in the bank.”

The governor urged small-scale business men to take advantage of the interest-free loan offered by the bank to improve their businesses.

In his remarks, Alhaji Umar Mutallab, the Chairman, Board of Directors of Jaiz Bank, said the government of Zamfara played a prominent role in the establishment of the bank in Nigeria.

He said “Jaiz Bank is open to everybody, irrespective of religion” and urged the people of the state to patronise the bank.

-    NAN


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