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By Abdulrazak Muktar

Dreaming big gives one a sense of accomplishment even if the dream didn’t come true. Interestingly, when people dream, they set their sights on something bigger than their imagination, even when it may seem practically impossible. This gives them the motivation and willpower to make changes and take action towards actualizing their dreams. The Nigeria of my dream should be a poverty-free, or poverty-reduced Nigeria, educated Nigeria, peaceful Nigeria, rich infrastructural Nigeria, and should be Nigeria with massive opportunities for its teeming population. A highlight of these in no particular order is given;

1.  Poverty-free or reduced poverty state: Several countries at various levels of development have shown in the last few decades that it is possible to successfully reduce the level of poverty in a country. However, with the pace of reduction slowing in recent years, poverty is becoming increasingly concentrated in tough-to-reach places. This comes amidst uncertainties that the entire world is facing. From high inequality to slow growth, from macroeconomic imbalances to trade tensions, challenges loom on the horizon that can not only make it difficult to reduce extreme poverty but threaten to reverse the gains. While we have a set of policies that can help to effectively reduce poverty, each policy intervention should be tailored to the needs of Nigerians. I want a Nigeria that is not associated with a host of health risks, including high rates of heart diseases, diabetes, hypertension, cancer, infant mortality, mental illness, malnutrition, lead poisoning, asthma, and dental problems. Obviously, poverty exerts heavy tolls upon those who fall within its traps. For example, one of the most consistent findings in epidemiology is that the quality of an individual’s health is negatively affected by lower socioeconomic status, particularly impoverishment.

There have been several attempts to quantify the cost of poverty in terms of monetary amount. However, the ability to estimate the magnitude of the costs surrounding an issue like that of poverty is exceedingly complex. Poverty affects every Nigerian, whether rich or poor. Again, issues such as crime, access to and affordability of health care, religious fanaticism, ethnic bigotry and job productivity, to name but a few, are the major concerns of all Nigerians. All these as a result of the monster – poverty. The general public winds up paying a heavy price for allowing poverty to walk naked in the streets of Nigeria.

2. Educated Nigeria: A Nigeria without lingering ASUU strike will be truly interesting. If this is achieved, there will be a greater chance of producing more capable graduates. There is also a greater chance that degree holders will have full-time jobs that will ultimately provide health insurance and retirement benefits. With an educated Nigeria, there is going to be more employment opportunities for our teeming population, especially the youth. At present, you often need to compete with hundreds of other equally qualified candidates for a single job position.

In addition to this, the lower the education level, the greater the number of people applying for the same low-paying entry-level post. However, with the right qualifications and educational background, you are likely going to increase your chances of landing a fulfilling job. Would you like to stand out from a pool of applicants? Educate yourself, graduate, get as many qualifications, and learn valuable skills as much as possible.

Also, an educated Nigeria will help in securing a higher income; people with higher education and varied experience are more likely to get high-paying jobs. Dedicate your time and effort to acquire contemporary knowledge and high-level competencies if you would like to lead a comfortable lifestyle. Your credentials are what will motivate a potential employer to choose you instead of others. Studying hard throughout your schooling shows you can handle workloads and you are able to fulfil your goals. Employers see this as a huge advantage as they prefer a responsible and knowledgeable workforce. Once you graduate, you can start searching for jobs that will give you the opportunity to practice what you have learned and, at the same time, secure sufficient pay for your needs.

An Educated Nigeria will provide problem-solving skills. One of the benefits of education is that the educational system teaches us how to develop critical thinking skills so we can be able to make independent decisions. When children become adults, they are faced with lots of challenging issues – paying off their student loans, getting a job, buying a car and a house, catering for their family, etc.

However, if one has spent years educating himself. They should be able to make sound decisions on these various quandaries. Not only are people able to form their own opinions, but also good at finding solid and reliable arguments and evidence to back up and confirm their decisions.

Literate Nigeria will help in improving the economy. People with good academic and educational backgrounds tend to get well-paid jobs. The higher their education and accomplishments, the better employment chances they get. People who grew up poor but educated themselves have a high chance to transform their lives, thus decreasing society’s poverty rates. Education helps countries grow economically since it is about getting knowledge and being able to apply it wisely in our lives and, at the same time, improving other people’s lives.

Truly, education helps in providing a prosperous and happy life. Education has always secured respect from society. In order to ensure a comfortable lifestyle, people should educate themselves to be successful and satisfied. It helps gain a better reputation and increases the chances of climbing the career ladder more easily and faster. It provides financial resources for stable lives people can afford to buy their own house or apartment, thus securing their children’s happiness and success. Furthermore, being able to own a house provides stability and increases self-confidence. It also leads to creating a positive environment for families and communities. “Children of homeowners are 116% more likely to graduate from college than children of renters of the same age, race, and income. According to research at the University of Tennessee, they are also 25% more likely to graduate from high school and have higher math and reading scores, with fewer behavioural problems.

Education contributes immensely to society. How does education benefits society? Educated people understand how valuable living in a stable and secure community is. They are more prone to taking part in projects that help improve not only their neighbourhood but also their society. In addition, when people are able to afford their own house, they are more likely to take part not only in improving their homes but in solving local problems, as well. After all, it is quite important to get involved and give a hand to the less fortunate ones in order to build a better place for all of us to live.

Education is the key to modern Nigeria. Education is the key essence of modern society. One needs to learn about culture, history and other important aspects so that they would be able to contribute to modern society. Education moulds people into leaders not only with knowledge about (college) subjects, but it also shows them how to lead with emotions and true values. Educated people can easily differentiate between right and wrong. Thus, education helps reduce the crime rate. Bad events are happening around the world only competent leaders can help guide us on the good and right path.

Digital Nigeria is possible if we become a literate society. Digital education helps connect with people and organizations around the world. Borders are no longer there. Communicating and sharing opinions with people from other countries and cultures widens horizons and helps us understand and appreciate each other.

Education creates equal opportunities. The importance of education in society has always been great as it is irrespective of caste, race, gender, or religion. Educated people are treated as equals on the basis of their knowledge and competence. In addition to this, educated people are open-minded and are able to listen and accept other people’s views regardless of the fact of how different they are. Education offers the possibility to live independently and thus be free. It is our shelter against financial storms and wrong decisions.

Education helps in initiating empowerment projects; in introducing empowerment, education is the key to turning a weakness into a strength. It offers different tools and ways to understand problems that lay ahead of us and help resolve them. More importantly, education provides us with the considerable mental agility to make the right decisions and spring into action when needed. Many types of research show that educated women can more easily stand up against gender bias and marital violence as they have improved their decision-making capabilities. Whether it is about respect, a higher position in society and a professional environment, financial security, family stability, education provides all of these and much more. Home stability provided by owning a home helps children who grew up in their own houses or apartments become more successful. They are more likely to graduate high school (25%) and finish college (116%). As Nelson Mandela said, education is the most powerful weapon you can use to change the world. Education helps people become better citizens, get better-paid jobs, and shows the difference between good and bad. Education shows us the importance of hard work and, at the same time, helps us grow and develop. Thus, we are able to shape a better society to live in by knowing and respecting rights, laws, and regulations. Learning languages through educational processes helps interact with different people in order to exchange ideas, knowledge, and good practices. It teaches us to live in harmony.

4. A peaceful Nigeria: I want a united working Nigeria where I can relate with my friends and brothers from six geopolitical zones, the North Central (NC), North East (NE), North West (NW), South West (SW), South East (SE) and South-South (SS) freely as One.

A banditry-free Nigeria

A Nigeria free from ISIS, Boko Haram, kidnapping, sara-suka, phone snatchers, IPOB and any terror group that is threatening peaceful coexistence.

A Nigeria that guarantees the safety of travelling by road and by rail as well, a Nigeria where one can hold an iPhone by the street making calls or chatting without fear of losing it to phone snatchers.

I want a Nigeria that’s free from sexual abuse, a Nigeria that’s free from domestic violence and disturbances.

5. Rich infrastructural Nigeria: I pray one day I’ll wake up to a Nigeria that has become like China economically, as it’s now the wealthiest nation in the world according to McKinsey & Co report.

I want Nigeria to be as beautiful as Italy because Italy is truly the most beautiful country. It flaunts the most inspiring cultural treasures and magnificent scenery, which you cannot find anywhere in the world, e.g., Venice, Florence and Rome; with their diverse Architecture, Tuscany, with its rolling hills, will surely mesmerize its visitors.

I have a dream that one day Nigeria will possess technological expertise like that of Japan, not even South Korea or China, the United States, or Germany, talk less of Russia, the United Kingdom (UK) or Singapore; it was ranked eighth in the list of world countries with amazing technological expertise.

6. A Nigeria with many opportunities for the youth without connection: Nigeria’s popular saying says, “it’s not what you know, it’s who you know.’’ On several accounts, many people were denied job opportunities not because they were not qualified but because they knew nobody. Even the lecturing job was denied to many finest brains and given to those with connections; it got to the extent that grades can be manipulated for some reasons; a friend of mine was almost denied first class if not because of the connection he has with school management. Such a problem is all over the country and is beyond any denial. Many people are buying offers of appointment in several ministries, and those who sell the offers do not care whether you can deliver or not, so far as the price is good.

I also hope Nigeria will one day be one of those countries that look for expertise, not only connections, as is the case today.

Finally, the Nigeria of my dreams is possible when we deliberately choose not to repeat the mistakes we made in choosing leaders for our country.

Abdurrazak Muktar wrote via prof4true1@gmail.com.

By Uzair Adam Imam

The Presidential Candidate of the All Progressives Congress (APC), Asiwaju Bola Tinubu, slammed his critics who claim he is unhealthy.

The presidential candidate argued that he is healthy and capable enough to occupy the highest office in the land.

Tinubu stated this in Kano during a meeting with businessmen in the state on Saturday.

He said, “I am not running for 100 yards or 500 yards; I am running for presidency. I’m not competing for WWE Wrestling. If I go out there, they would say he is sick. I’m standing before you, do I look like a sick man?” Tinubu asked.

“To everyone of you who had come out today, I say a big thank you. Thank you for walking and spending your time for a better Nigeria. Walking for the mission and the vision of a prosperous country. You have done it with your expectation, that this country must be inclusive and serve you as a nation.

“For everyday I spend as your President, when elected I promise you with strong determination that you will not be disappointed. Your hope is renewed. Our nation will be accomplished.

“You will be successful as Nigeria will be successful. Thank you for your strong effort and raising the hope of other millions that will come after you. Thank you. God bless you and God bless our country,” he said.

Tinubu also promised not to disappoint his supporters if elected President.

By Muhammad Aminu

Dubai authorities have opened a unique modern nine-in-one library that gulped over $272 million to establish.

The library named after Dubai’s ruler ‘Mohammed Bin Rashid AlMaktoum Library’ is at par with the pantheon of world-class book repositories such as London’s British Library and Egypt’s Bibliotheca Alexandrina.

Al Maktoum announced the construction of the new library in 2016, which now houses more than 1.1 million print and digital books in its 54,000 square-meter facility.

CNN reports that the library has a beautiful oasis of calm contemplation, where visitors can curl up with a good book, plug in laptops for study or work, or marvel at the rare manuscripts and first-edition books displayed in the exhibition space.

The library reportedly houses nine separate libraries containing almost all areas of expertise, from sciences to arts and entertainment.

“The facility is home to nine separate libraries, dedicated to everything from media and the arts to business titles, international periodicals, maps and atlases, books for children and young adults, and a collection of precious archival treasures,” it said.

“The collection of works is still being built, but it already boasts some impressive numbers. Alongside its multilingual print and digital books, visitors can access more than six million dissertations, 73,000 musical scores, 75,000 videos, 35,000 printed and digital international journals, and over 5,000 historical periodicals spanning 325 years.

The library, which has a cafe for a break, also contains a database of thousands of digital titles that can be downloaded from machines in each of the nine libraries.

There are books in braille for visually impaired readers and a quiet space with reading pods for visitors with special needs.

It also has an Auto Book Store, a subterranean storeroom for the 400,000 titles that don’t appear on the library’s shelves, but members can request a book via the library’s app.

By Uzair Adam Imam

The beneficiaries of the Household Upliftment Programme in Nassarawa Local Government of Kano State are stranded as officials abandon posts without explanations.

The Federal Government had in May 2022 commenced the distribution of debit cards to the beneficiaries of the scheme.

Household Upliftment Programme aims to provide access to targeted cash transfers to poor and vulnerable households as captured from the National Social Register (NSR) based on standard eligibility criteria.

However, some of the beneficiaries expressed worries over how they spent three days going to the distribution centre located at Jigirya in the local government without being attended to.

Our reporter, who visited the Kano State Hisbah Office, Gigirya, where the beneficiaries trooped in hundreds to collect their automated debit cards to withdraw their cash, observed how disappointed they looked.

However, despite arriving at the place early in the morning, the beneficiaries bitterly complained that the officials did not come until around 1 pm.

The Daily Realityreporter gathered that the slowdown in attending to the beneficiaries was due to the failure of the officials to deploy enough staff to handle the issue smoothly.

Zenith Bank, which was in charge of distributing the debit cards to the verified beneficiaries, deployed only six of its staff to handle the people of the local government.

Tension as infant suffocates, paints

An elderly woman at the venue narrated to The Daily Reality how a newly born baby almost died because of the heat and congestion.

She said, “yesterday, we witnessed how a newly born baby of one of us that has been coming here for three days suffocated because of heat and painted.

“We all gathered to see for our eyes the fate of that baby. But at long last, God saved,” she said.

‘Our agent abandons us’

A household, Malam Ibrahim (not real name), who said he was from Tudun Murtala, said today (Friday) was his fourth time at the place, saying he was not attended to.

He said, “It is almost one o’clock, but the agent assigned to our ward has not arrived. Therefore, I think none of us will complete their verification and collect their ATM.”

The Daily Reality learned that a man, identified as Malam Aminu, was said to have caused the delay in attending to the people of Tudun Murtala as he was their agent.

Another household said, “We would have collected our ATM if our agent was around, but he has not arrived yet.”

However, when contacted, Malam Aminu said he was not authorized to speak to journalists.

Discrepancies in benefits noticeable

Efforts by The Daily Reality to know the exact amount of money from one household to another were unsuccessful as the officials refused to speak on the matter.

The officials have kept it a secret to themselves that even the beneficiaries are confused, as they don’t know how much they will get until they pay them.

Some of the beneficiaries have received N70,000, N57,000 and some others N40,000.

One of the households told our reporter, “My sister received N70,000 naira yesterday. What you get depends on the information you give them during registration.”

Another woman said her friend received a sum of N57,000 Friday.

However, when our reporter contacted the woman in charge of the program to comment on the matter, she said she was not allowed to speak on it as they were busy making arrangements to fast-track the distribution.  

An official, who does not want his name in print, said the discrepancies were a result of what he called “old and new systems.”

He said those on the old system were paid a sum in the past. Therefore they will not receive the same amount as those on the new system.

By Uzair Adam Imam

Reports from Zamfara indicated that no fewer than 27 people abducted in Bukkuyum and Anka local government areas of the state were reportedly rescued by police.

This is coming after the suspected bandits stormed the named areas and abducted a yet-to-be-identified number of people.

The spokesman of the police command in the state, SP Muhammad Shehu, disclosed this to journalists in the state.

He said the 27 rescued victims were abducted by an armed group in Akawa, Gwashi, Tungar Rogo and some villages in Anka local government.

He also stated that, after their abduction, the victims were taken to camps at Gando/Bagega and Sunke forests in Bukkuyum and Anka local government areas.

She added the rescue of the victims was a sequel to the report received by the Command that a group of bandits had invaded the named villages.

“On receiving the report, the Commissioner of Police, Mr. Kolo Yusuf, deployed additional Police Tactical Operatives to reinforce DPOs in Anka and Bukkuyum local government areas and vigilantes to rescue the abducted victims.

“Luckily enough, a well-coordinated search and rescue operation was carried out with the full support and partnership of the two local governments’ sole administrators.

“At the moment, 17 out of 27 were brought to the Police Command Headquarters while the 10 other victims are in the hospital receiving medical attention following the trauma they passed through while in captivity,” he added.

By Uzair Adam Imam

Engausa Global Tech Hub (EGTH) has launched a library to enhance lifetime reading culture among youths at its school premises in Kano State, Nigeria.

The founder and chairman of the technology hub, Engineer Habu Ringim, disclosed this in a statement he made available to journalists on Saturday. 

Ringim said the library is named Maisuga Ringim Library and has both hard and soft copies of reading materials for the apprentice of the technology hub. 

He also stated that the Maisuga Ringim Library project aimed at bridging the wide gap between academic and vocational education in society.

He further explained that the effort was to break the barriers of language impeding the cognitive aspect of learning in almost all African education systems. 

The statement read, “Launching Maisuga Ringim Library is a big step towards cultivating a rational lifetime reading habit among our youths by making the scarce library resources available to our apprentices at both entry and professional levels of learning hard and soft skills.

“The main objectives of EngausaHub.com, as our motto reads, ‘breaking barriers and bridging gaps’, is to entrench an inclusive technical skills acquisition and entrepreneurial skills among our teaming youths, against all language barriers and technical gaps bedevilling the human capital development at the grassroots.

Engausa was founded in 2019 and has recorded numerous successes in teaching people various scientific and technological skills to depend on themselves and become employers of labour.

The Daily Reality recalls that over two thousand people, including university lecturers and students who have never had formal education, such as Almajirai, graduated from the Engausa Global Technology Hub just recently. 

The graduates were trained in various skills to become self-reliant and job providers.

By Lawal Dahiru Mamman

An attempt to kill oneself in response to a tragic or stressful situation is termed ‘attempted suicide’, while success in such an attempt is referred to as ‘suicide.’ This profoundly affects families, especially when such an attempt is successful, and when one survives, they battle other mental disorders.

For suicide not to be seen only as a storm in a teacup, the International Association for Suicide Prevention, in conjunction with the World Health Organisation in 2003, slated the 10th of September to annually commemorate what it termed ‘World Suicide Day’. Issues surrounding suicide are discussed with the hope of ending the horrendous act on the day.

This year’s event got me reminiscing on an incident in my neighbourhood three years ago where a nine-year-old girl in Primary 4 sent herself to the grave by hanging. What would have prompted her? This question continues to resonate in the minds of those unfortunate to see her hanging lifeless. 

Seven hundred thousand people commit suicide yearly, according to the world health organisation (WHO), with 70% occurring in low and middle-income countries. WHO’s country representative to Nigeria, Dr Walter Mulombo, said: “for every suicide, twenty (20) other people are making an attempt and many more have the thought to commit same.”

Ingestion of pesticides, hanging and firearms are said to be the most common method of committing suicide globally. In high-income countries, suicide has been associated with mental disorders like depression and alcohol use disorder. In contrast, in low-income countries, life problems like financial crises, relationship break-ups, chronic pain and illness take credit – these are primarily associated with adults.

On the other hand, children may become suicidal due to poor performance in school, coupled with pressure at home to do better, bullying, losing friends, etc.

Thanks to civilisation and technological advancement, people have become more and more isolated. At the same time, others try to emulate the more often pseudo lives of others they see on TV or social media. Mr A wants his child to be as bright as the child of Mr B; Mrs X wants her husband to provide the luxury Mr Y is providing for his family; Mr M wants his wife to be as dazzling as the wife Mr N, the list goes on. All these think this way while still battling financial crises and others. 

While the authority is setting up mental healthcare centres, and organisations are trying to do the same at workplaces, families need to start being the haven they should be for their members. Parents should understand that failure for children is just okay when they have given their best while helping them be the best version of themselves.

Generally speaking, marriages, relationships, education, intelligence, social status, and all that encompasses life should not be measured using the yardstick we see in the media. As the saying goes, not all that glitters is gold.

Nigeria is a place where religion is held in high esteem. Therefore, religious leaders could take it upon themselves during sermons to discourage suicide. The haves should remain humble and thankful for their possessions, while the have-nots should not despair for whatever position they find themselves in; others aspire to get there.

Dale Carnegie, an American writer, stated, “It is not what you have, who you are, where you are or what you are doing that makes you happy or unhappy. It is what you think about it.” Understanding this will go a long way in curtailing suicide.

When all hands come on deck, we would be “Creating Hope Through Action.”

Lawal Dahiru Mamman, a corp member, writes from Abuja and can be reached via dahirulawal90@gmail.com.

By Muhammad Aminu

The ECWA Eye Hospital (EEH) Kano and Christoffel Blinden Mission (CBM) Global will offer a comprehensive and inclusive eye health (CIEH) programme targeting residents of Kano and Jigawa States.

Thousands of individuals are billed to benefit from the programme that will run for four consecutive years in the selected states.

The Chief Medical Director, EEH, Dr Atima Mayor, who disclosed this at the launch of the project in Kano, said that the project was born out of efforts to tackle visual impairment and break the circle of poverty in the states.

According to Dr Mayor, the project, which is supported by CMB UK and Australia, has over 80000 other beneficiaries who will benefit from different tests and services within the timeframe for the project.

He further explained that issues of disability, especially visual impairment and poverty among persons with disabilities, have been affecting the quality of life.

“North West has the highest number of blindness. As population increases, it’s expected that the number of blindness will also shoot up hence the need to act,” he said.

He called on the two states to collaborate with ECWA to continue with the project even after this 4-year intervention project to ensure the efforts is sustained to tackle the challenge in the States.

The CMD further explained that Kaduna and Katsina States, which were initially part of the project, were temporarily put on hold until the security situation improves before the project can be expanded to the states.

In his address, EEH Administrator STEPHEN NUBOBGA who was represented by CMB Project Coordinator Phillip Ode noted that between September 1, 2022, to August 2026, the project targets over 90,000 beneficiaries in the project in the selected states.

“500 children will be operated on for cataracts, 1000 adults, 250 children with glaucoma and other major surgeries, 400 adults with glaucoma, 250 other children with minor surgeries and 50 retinoblastomas.

“2000 individuals for spectacles, 5000 for refraction, and  80, 000 others for free eye screening,” he disclosed.

In her earlier opening remark, CBM Global Country Director, Ms Ekaete Umoh, said that the historic project launched is aimed at targeting individuals in hard-to-reach areas in the selected states to help persons with visual challenges and break the cycle of poverty in their ranks.

She said that CMB Global is concerned with the rising cases of visual impairment in Nigeria, specifically North West Nigeria, where there is a high concentration of visually impaired persons.

“As the prevalence of blindness in Nigeria is 4.2%, it is estimated that 4.25 million adults aged 40 years and above have moderate to severe visual impairment or blindness.

” Available statistics show that 28.6% (14 million of all adults living in the North West Nigeria have a visual impairment. As a result, the majority are unable to work, are excluded from many community activities and require additional support, which impacts on their families and trapped them in the cycle of poverty,” he stressed.

According to Nububga, 100 persons living with disabilities (PWDs) will be empowered with means of livelihood as a component of the project.

Representatives of the Federal Ministry of Health, Kano and Jigawa States, as well as the Joint National Association of Persons with Disabilities (JONAPWD), commended the donors and partners for working together to address the issue.

Also speaking, the royal father of the day, Alh Mohammed Bashir Mahe, commended the EEH and CMB for helping the needy in society, adding that traditional institutions are always ready to support such a noble cause.

By Ahmad Deedat Zakari

Senator David Mark, former President of the Nigerian Senate, has lost his first son to cancer. 

Special Adviser to David Mark, Paul Mumeh, announced the demise of David Mark’s son on Friday in a statement

According to Mr Mumeh, Tunde Jonathan Mark died in a London hospital on Friday while surrounded by loved ones and family members. 

The statement reads : 

“Tunde Jonathan Mark, son of former President of the Senate, Senator David Mark, has died in a London hospital on Friday morning.

Tunde, who died after a long battle with cancer, was the first son of the former President of the Senate.

Born on the 13th of October, 1971, Tunde attended Yaba Military School, located in Yaba, Lagos, where he obtained his first school leaving certificate.

He later proceeded to Bradfield College, Berkshire, UK, where he attended Secondary school.

Tunde is a Biochemist who obtained a B.Sc degree from Kings College, London. He studied immunology alongside biochemistry and later Biological Sciences at the Graduate School of Arts & Sciences, Harvard, Cambridge, Massachusetts. He was married with a daughter.

He passed away peacefully, surrounded by family members and loved ones.

Funeral arrangements will be communicated in due course.”

By Muhammadu Sabiu

A new core investor, Strategic Capital Investment Limited (SCIL), has finished the processes involved in purchasing or acquiring Polaris Bank from the Central Bank of Nigeria (CBN).

In a statement, Osita Nwanisobi, the CBN’s director of corporate communications, said that the investment business received 100% stock holdings in Polaris Bank.

SCIL reportedly paid N50 billion upfront to purchase the shares, according to the statement released on Thursday. 

Since the apex bank intervened to suspend the former Skye Bank Plc’s licence in 2018 and established a bridge bank to take over its assets and some of its liabilities, the bank has been operating as a bridge bank.

CBN Governor Mr Godwin Emefiele was quoted as saying, “This sale marks the completion of a landmark intervention in a strategic institution in the Nigerian banking sector by the CBN and AMCON. We commend the outgoing board and management for their vital role since the bridge bank was established; in stabilising the Bank’s operations and its balance sheet and implementing strong governance structures to address the issues that led to the intervention.

“This process has provided the CBN with an unprecedented opportunity to recover its intervention funds in full and promote financial stability and inclusive growth. We wish SCIL well as they implement growth plans to build the bank from the strong foundations that have been established.”

Meanwhile, it can be recalled that Polaris Bank was recently enmeshed in a controversial drama characterised by a viral screenshot of an email allegedly from a supervisor of the bank, in which some Muslim employees were queried for attending a Juma’at service.

The email provoked an uproar from the Muslim faithful and forced a number of them to withdraw their money from the bank.