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Is this another attempt to Islamise Nigeria?

The Federal government's Sukuk bond is raising concern in the Christendom.

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DailyPost reports that the body is calling the Sukuk bond the Muhammadu Buhari-led government's latest attempt to do two dangerous things.

These are: to Islamise Nigeria and sell the country to the Arabian nations. This was stated in a recent statement by CAN’s General Secretary, Rev. Musa Asake.

It read: “The Christian Association of Nigeria has been protesting against this aberration since the Osun State Government, under Governor Rafiu Aregbesola, embarked on this violation of the Constitution.

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“Rather than stand in the defence of the constitution, it is disappointing to note that the Federal Government is pursuing what is an outright confirmation of an Islamisation agenda.

“The recent floating of Sukkuk Bond by the government is not only sectional but illegal and a violation of the Constitution. Every law that has been promulgated to back the Sukuk issuance and promote an Islamic banking system in Nigeria is ultra vires, illegal, null and void."

“Therefore, the manipulations and scheming to smuggle the country into a full-blown Islamic state should stop; these manipulations became apparent with the smuggling of Nigeria into the Organisation of Islamic Conference in 1986 by the Ibrahim Babangida military junta.

“The FG must dismantle all legal and institutional framework established to promote Islamic financing in Nigeria.

“We affirm that the territorial integrity of Nigeria is undermined through the issuance of Sukuk in the country. We hope that the government shall desist from its policies of unbridled religious sectionalism.”

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The Minister of Information and Culture, Lai Mohammed, has reacted to these claims.

According to him, the bond is a good thing that will help people that are opposed to interest-yielding enterprises.

In his words, “Sukuk is not an attempt to Islamise Nigeria in any form. On the contrary, it is an attempt at financial inclusiveness. The difference between Sukuk Bond and other bonds is that if you invest in Sukkuk bond, you earn no interest.

“So, the scheme appeals to many people who don’t believe that money should gather interest. They, however, engage in profit sharing in the sense that if the government makes a profit from the bond, they give the investor a part of it but if the government makes no profit, the investor is not entitled to anything.”

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This news comes after a recent Islamisation controversy over the amendment to the curriculum in 2012.

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