Buhari hold financing roundtable islamic bank

It appears that you are referring to a recent event where President Muhammadu Buhari of Nigeria held a financing roundtable with Islamic banks.

Here's a brief summary of the event:

On November 24, 2022, President Muhammadu Buhari hosted a financing roundtable with Islamic banks at the State House in Abuja, Nigeria. The event was aimed at exploring ways to leverage Islamic finance to support Nigeria's economic development and infrastructure growth.

The roundtable brought together representatives from various Islamic banks, including the Islamic Development Bank (IsDB), the African Export-Import Bank (Afreximbank), and the Nigerian Islamic Finance Association (NIFA). The meeting was also attended by senior government officials, including the Minister of Finance, Budget, and National Planning, Zainab Ahmed.

During the roundtable, President Buhari emphasized the importance of Islamic finance in promoting economic growth and development in Nigeria. He noted that Islamic finance has the potential to provide alternative financing options for the country's infrastructure development, particularly in the areas of transportation, energy, and agriculture.

The President also highlighted the need for Islamic banks to increase their lending to the real sector of the economy, particularly to small and medium-sized enterprises (SMEs). He encouraged the banks to explore innovative financing solutions, such as sukuk (Islamic bonds), to support the growth of the Nigerian economy.

The roundtable also discussed the challenges facing Islamic finance in Nigeria, including the need for regulatory frameworks that support the growth of the sector. The meeting concluded with a commitment from the Islamic banks to increase their financing to the Nigerian economy and to work closely with the government to achieve this goal.

Overall, the financing roundtable with Islamic banks was an important step towards promoting Islamic finance in Nigeria and leveraging its potential to support the country's economic development.