metro
Sanusi: Nigerians Manipulate Religion To Cover The Truth
Former Central Bank of Nigeria (CBN) Governor, Alhaji Muhammadu Sanusi, has accused some Nigerians of manipulating religion to cover the truth.
He spoke against the backdrop of the controversy that trailed the introduction of the non-interest financial system otherwise known as Islamic banking.
Sanusi, who was a guest at the 5th National Discourse of The Companion, an association of Muslim men in business and the professions, held at the University of Lagos, said the CBN made efforts to explain to people that there was nothing like Islamisation of the country.
However, he said the CBN couldn’t stop because of the few people who refused to listen to the explanations of the apex bank, noting that the benefits of the Islamic banking model were enormous.
But Sanusi noted that 10 years after the conversation has changed, saying there is no reason why Nigeria cannot be the centre of Islamic banking in Africa.
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According to him, the non-Muslim later embraced it after considering the huge benefits inherent in it as 40 per cent of those who initially subscribed for Jaiz Bank shares are non-Muslims.
“We tried our best to explain. If people choose not to explain, we can’t stop because of those people. Now Islamic banking, 10 years ago the conversation in Nigeria is very different 10 years down the line from what it was 10 years ago.
“We had people who know the truth or don’t want to know the truth but who chose to manipulate religion for other reasons.”
The Islamic Financial System, Sanusi said, generated unnecessary controversy along religious divides with people accusing him of an Islamisation agenda.
The guest speaker, Prof. AbdulRazzaq Alaro of the Department of Islamic Law, University of Ilorin, debunked the insinuation that Islamic banking has an agenda to Islamise Nigeria.
Islamic Finance, he noted, has helped states in achieving developmental objectives while there have been many gains for the government and the people of Nigeria.
In addition, he said Islamic banking has engendered interfaith harmony, adding,
“Those of us in the industry know that many of the customers, board members of Islamic financial institutions are non-Muslims and this is contributing to peaceful coexistence,” Alaro said.
National President of The Companion, Kamil Olalekan said the topic was chosen to enlighten the public on the benefits of Islamic banking, adding that it aligns with their goal of strategic and community engagement.
metro
Breaking: Military releases FirstNews editor, Segun Olatunji
Breaking: Military releases FirstNews editor, Segun Olatunji
The military has finally released Segun Olatunji, editor of FirstNews, who has been in their custody since March 15.
Olatunji was released on Thursday to Nigerian Guild of Editors (NGE) General Secretary Iyobosa Uwugiaren and The Nation Deputy Editor Yomi Odunuga under a bridge in Asokoro, Abuja.
It was also learnt that the documents for his release were signed inside a security vehicle with heavily armed operatives.
The security agents were said to be masked and the number plates of their vehicles covered up.
The editor was abducted by armed men in his home in Iyana Odo, Abule Egba area of Lagos, on March 15.
His family members were kept in the dark on his whereabouts and why he was arrested.
Several groups, including the Nigeria Union of Journalists (NUJ), the Nigerian Guild of Editors, almost daily mounted pressure on the government for Olatunji’s release.
On Wednesday, the Nigerian chapter of the International Press Institute said the journalist was in the custody of the Defence Intelligence Agency (DIA).
metro
BREAKING: Court orders military to release 313 suspected terrorists
BREAKING: Court orders military to release 313 suspected terrorists
A Federal High Court in Borno State has ordered the release of at least 313 suspected terrorists detained by the military.
The court ordered their release due to a lack of evidence to charge the suspects after the investigation.
Maj. Gen. Buba Edward, the Director of Defence Media Operations, announced this during the operational briefing on Thursday in Abuja.
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He said, “The court ordered the release for want of evidence after the conclusion of investigation and other ancillary matters.
“Accordingly, they would be handed over to the Borno State Government for further action.”
BREAKING: Court orders military to release 313 suspected terrorists
metro
Lagos court sends 25-year-old man to prison for stealing employer’s N54.1m
Lagos court sends 25-year-old man to prison for stealing employer’s N54.1m
One David Ojonugwa has been remanded for allegedly stealing his boss’ N54,142,000 in Lagos State.
An Ebute-Metta Magistrates’ Court ordered the remand of the 25-year-old defendant on Wednesday.
Ojonugwa was arraigned by the police on three counts bordering on conspiracy, unlawful interference with property, and stealing.
He pleaded guilty to the charges preferred against him by the police.
Consequently, magistrate Adedayo Tella remanded Ojonugwa at the Correctional Centre and adjourned the case till April 24, 2024 for the review of facts and sentencing.
Earlier, the prosecutor, Inspector Francisca Job, informed the court that the defendant committed the alleged offences sometime in January 2024 at Lorange Water Factory, located at No 3, Olajubu Street, Ilupeju area of Lagos State.
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According to Job, Ojonugwa unlawfully disconnected, removed, tampered, and meddled with one 10KVA generator valued at N250,000, a 12 HP submersible pump machine valued at N200,000, an electric motor for a water line, N1.8m, and bottled water machine, N1m.
Others are one injection machine module at N12m, injection machine module, N14m, one set of four cavity module bottles (150CL) at N9m, one set of four cavity module bottles (75CL), valued at N8m, one set of four cavity module bottles (25CL), valued at N5m, one electric for motor shrink wrapper (75KW) valued at N110,000, two floating switches for the bottled water line valued at N20,000, 200 stainless bolts and nuts for installation valued at N92,000, six stainless rods for the installation of the water line valued at N200,000 and 1,000 pieces of medium-sized catfishes valued at N40,000, items that were stolen by the defendant.
She said that the total value of the items stolen was N54,142,000, properties of one Mrs Teju Adeleke.
According to the prosecutor, the offences committed contravened Sections 411, 340, and 287 (7) of the Criminal Law of Lagos State 2015.
Lagos court sends 25-year-old man to prison for stealing employer’s N54.1m
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