FCTA To Partner Jaiz Foundation On Financial Services, Mortgages

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BY DAVID ADUGE-ANI, Abuja

Federal Capital Territory Administration (FCTA) said it is partnering with Jaiz Foundation to provide infrastructure, housing mortgages and humanitarian services for FCT residents.

Speaking when he received a delegation of the board of directors and management of Jaiz Foundation in his office yesterday, FCT minister, Malam Muhammad Musa Bello, expressed hoped that the foundation would provide mortgages to enable staff own houses and train unemployed youths and women in the territory.

Bello informed the delegation that FCT has over 10,000 IDPs spread in more than 30 locations, across the suburbs and asked for the intervention of the foundation’s Zakat Trustfund towards their care.

He observed that the shareholders profile of the bank and customer base today position the bank’s services as, not only beneficial to Muslims, but purely a business model which is beneficial to all peopleand faiths across the social spectrum.

The minister informed the delegation that FCT has many orphanages and rehabilitation centres where it provides care or trains in the fields of farming and other aspects of skill acquisition.

He directed the authorities of the Abuja Enterprise Agency (AEA) and the FCT director of human resources to link up with relevant Jaiz subsidiaries to see how a wider part of the staff, unions and staff cooperatives and the FCT community can benefit from their services.

Earlier, the leader of the delegation, Alhaji Baba-Ahmed had explained that the team came to discuss mutually beneficial areas with the administration and commended the FCT minister for the increasing activities in the areas of infrastructural development and housing.