IslamicFinance.de

Malam Hassan Usman, CEO of JAIZ Bank, perfected a partnership with Borno State government on the reconstruction of the state economy.
Usman said, that the fourth branch of JAIZ Bank had been opened in Nigerias Maiduguri about five years ago. And it has so far been getting the strong support of the state government since the branch was opened. So he was in Nigeria to explore the ways and means to reciprocate this kind gesture by the state government. His bank wants to help Governor Kashim Shettima in all his efforts to turn things around, especially now that peace and normalcy are gradually being restored in Maiduguri and the entire state.
JAIZ bank has launched a programme, which is being implemented since the beginning of the rainy season, to provide small-holder farmers with inputs. It is working with the coordinator as well as the private sector partner for the state to provide the seeds, fertilizer and other inputs to the partner. The idea of the state government is to start with 5,000 farmers, which it wants to empower at this initial phase of the programme.
The Nigerian government is ambitious, so that once this achieves the purpose, it may want to empower up to 20,000 farmers. It will be implemented in phases because we want to perfect the process, so that all the problems encountered in coordination, management and other areas in a phase will provide us some learning as regard how we can successfully implement the next phase. In this process, we can continue to generate a higher population of those who understand the modern techniques of farming to multiply agricultural productivity.