First Islamic Bank in Nigeria spearheaded by pastor – CBN governor, Cardoso

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Cardoso News

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Governor of the Central Bank of Nigeria, Olayemi Cardoso has said that the introduction of Islamic Banks in Nigeria was spearheaded by an assistant pastor. Cardoso disclosed this weekend at a reception organised to honour the Secretary-General, Organisation of Islamic Cooperation Arbitration Centre, Dr Umar Oseni in Abuja.

According to him, it was now clear to Nigerians that the introduction of Islamic banks in Nigeria was not to Islamise the country but for small and medium-scale businesses. Cardoso , represented by the CBN Director of Legal Services, Kofo Salam-Alada, said that more Shariah-compliant banks are being considered for approval due to the immense benefits it has brought to the citizens.

'It came when a young man was appointed governor of CBN. But most people never knew that the first person who spearheaded the journey was to be a pastor of the church. “He was also a part-time pastor when this journey started. So it was never an attempt to Islamise Nigeria or Islamise financing in Nigeria. When the Prince came, he continued the journey', he stated.

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