Islamic Bank Loan: We Did Not Violate Any Law, Northern Governors Reply Critics

Islamic Bank Loan: We Did Not Violate Any Law, Northern Governors Reply Critics 


Northern State Governor’s Forum (NSGF), said it has violated any law of the land by seeking Islamic Development Bank (IDB) intervention ‎in addressing the challenges‎ in the region. 


Chairman of the Forum, ‎Hon. Kashim Shettima and governor of Borno State, said this while declaring open meeting of the governors in Kaduna, Friday. 

‎It could be recalled that some prominent northern leaders, including Senator Shehu Sani, had criticised the NSGF move to get the IDB loan‎.‎

According to him, ‎”I wish to reiterate here that in seeking the intervention of the Bank, we have not violated any law of the land. 

“As I had indicated in another forum, we knew our statutory obligations at every stage of the process; which was why we had in our delegation a senior official of the Federal Ministry of Finance, who is in charge of the IDB desk, to monitor the proceedings and guide us, if need be, to ensure that everything was done in accordance with the statutory requirements guiding foreign assistance. ‎

‎ “In our ‎efforts to address these challenges in collaborative partnership with the Islamic Development Bank. You may recall that consequent upon a deliberate resolution of the Forum, I had the privilege to lead a top level  delegation  to  the  Headquarters  of  the  Islamic Development  Bank in Jedda Saudi Arabia, for special consultations    with   the   management   of   the   Bank   on   possible   ways   of   attracting   their   assistance   in   addressing some   of   the   core   challenges   we,   as   a   region,   are   facing. 

“The delegation included Their Excellencies the Executive Governors of Jigawa, Kaduna, Kano and Nasarawa States as well as top officials of the NNDC, some professional consultants and other relevant stakeholders and senior officials. In reaction to our various presentations, the Bank’s President, Dr Mohammed Ali had given us a strong indication of the IDB’s declared intention to initiate a comprehensive and constructive plan for the reconstruction of the Northern Region. 

“This, according to him, entails possible intervention of the Bank in human capital development, Agriculture, poverty alleviation and improvement of infrastructural facilities, among others. The Consultant’s Committee was formed to specifically articulate our priority needs in a manner that could easily facilitate the intervention of the Bank in an all-encompassing and implementable way and present them to the IDB.‎”‎

‎On the agenda of the meeting, Shettima explains that, “Another equally important Report to be presented at today’s meeting is that of the Consultant’s Committee which was established to assess and articulate the various multi-sectoral challenges facing the Northern States with a view to coming up with a common position, in our determined

“The meeting would also deliberate on the Report of the Committee set up to determine the legal framework of the Northern States Governors’ Forum as an entity, which is also expected to be presented today. Furthermore, the Reports of the Committee on the New Nigerian Newspapers and update by NNDC are due for presentation and shall form part of our deliberations.  

“Your Excellencies, it is also pertinent to, as part of our deliberations, make an insightful and thorough review of the current security situation in the region, with specific reference to the Boko Haram insurgency,  cattle rustling, the lingering deadly clashes between farmers and cattle rearers, as well as the  intermittent incidents of armed banditry and kidnapping, all of which have generally been regarded as part of the major factors responsible for the formidable developmental challenges we found ourselves in. 

“In  respect  of  the  insurgency   in   the   North   East   and   as   someone   from   the   epicenter   of   the   crisis,   I   can   confidently  confirm   that  the  insurgency  has   been   irredeemably halted   and   the   insurgents   themselves   completely   subdued.”


At Newsweb Express we don't only break the news, we are committed to investigative and developmental journalism

You may also like...

3 Responses

  1. December 30, 2023

    … [Trackback]

    […] Here you will find 92259 additional Information to that Topic: […]

  2. January 13, 2024

    … [Trackback]

    […] Info on that Topic: […]

  3. February 15, 2024

    … [Trackback]

    […] Information to that Topic: […]

Leave a Reply

Your email address will not be published. Required fields are marked *