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Zamfara to invest N1.5bn in Jaiz Bank – Governor Yari

By on September 20, 2013

yariThe Zamfara government will invest N1.5 billion in Jaiz Bank to ensure its sustainable operation in the state and encourage interest-free banking, Gov. 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. Yari said prominent people in Zamfara played a key roles in the establishment of the bank in Nigeria. 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)