Jaiz Bank, the pioneer Islamic lender in Nigeria, said it will partner with traders in building a new Madalla market that could take 5,000 shops off Zuma rock, in Niger State.
Addressing the stakeholders at a meeting on Tuesday in Suleja, Jaiz Bank’s Business Development officer, Abuja branch, Halilu Sani, charged traders and investors to pay their obligatory fees to the project facilitator, assuring them that the bank would not waste time to finance the project, once the payment gets to a certain level.
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Umar Ibrahim Dodo, the managing partner, Dodo Project Consultants Limited, said work on the project was delayed due to some challenges, hence bringing in the Jaiz Bank, which he commended for having an interest in people-oriented projects.
Yakubu Yusuf, a traders’ association member, and Ike Nwokocha, a member of another traders’ association, expressed their support for the partnership, demanding affordable rates for the shop, to those willing to buy.
