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Jos Market: The Controversy between Plateau State and Jaiz Bank

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Jos Plateau Market Jaiz Bank www.mathewtegha.com

There has been so much uproar unleashed on the national scene concerning the sponsorship of the rebuilding of Jos Main Market, Plateau State by Interest-free Jaiz Bank. Jaiz is the first Islamic Bank to start operation in Nigeria. This might be the reason its operations are still unclear in Nigeria.

Jaiz means permissible, admissible, proper, right. lawful, legal, just, valid, authorized, allowable, permitted, possible. Of course, these terms are subject to interpretation by whoever. Jaiz Bank has been operational in Nigeria since 2012 under Islamic Banking. Though the Bank’s strategic business focus is mainly on retail banking, Jaiz nevertheless offers corporate and commercial banking services.

Jaiz Bank Plc is therefore a financial services institution providing Islamic non-interest banking services for retail, commercial and corporate sectors in Nigeria. Please note that Islamic banking is an interest free banking system and is governed by the principles laid down by Islamic Sharia’h.

Countries such as Malaysia, Indonesia, Bangladesh, Jordan, Egypt and Turkey operate their financial institutions based on interest-free principles alongside conventional banks. Meanwhile, Islamic Banking operates in about 70 countries of the world and providing services to interested customers.

It is interesting to note that even in Saudi Arabian banking market, only four among the 12 local licensed banks are considered to be pure Islamic banks or fully-fledged sharia–compliant Banks. Interest Rate in Saudi Arabia averaged 3.48 percent from 1992 until 2022, reaching an all-time high of 7 percent in May of 2000.

Jaiz Bank is a financial institution in Nigeria operating under Islamic Banking Principles. Though none-interest by design, it is however not a humanitarian Bank or “soup kitchen.” There are rules of course. You cannot walk into the bank cup-in hand and expect to walk out with wads of naira notes or dollars without terms or collaterals.

Jaiz has a variety of loans available to customers to leverage on but the one in contention in Plateau state now seems to be the Project Financing/Constructing Loan. Under this option, you make a request, and they will agree to construct and sell the project to you at a cost-plus profit margin.

This is where the controversy on interest free-ness of Islamic banking comes into question. Infact, many Islamic scholars and intellectuals have kicked and are still kicking against the concept of interest-free banking. Scholars like Shiekh Assim Al Hakeem and Shaykh Haitham Al Haddad are known to have asserted that as long as there is profit making in the system, then the Interest-Free claim is an oxymoron. Shaykh Haitham, in particular, feels that Islamic Banking is heavily influenced by ideology rather than the need to help the poor. In the first place, the business must be profitable and with good credit history to attract the Bank’s loans.

The truth is that Islamic banking is about advancing Islamic objectives. And Jaiz Bank is unashamedly committed to being:
• 100% Shari’ah compliant
• Highly ethical, with best practice corporate governance and sound risk management framework.
• Proactive and innovative towards customer’s needs
• Best-practice operations and functional framework
• Customer-Centric
• Socially responsible
• Fair to all Stakeholders
The Bank also shows on its website that it will not be
• Religious bias
• Offer all things to all people
• Mediocre performer
• Imitate other banks
• Sacrifice Shari’ah principles for profit
Jaiz is a non-interest Bank but makes profit. The institution was founded in 2003, as Jaiz International Plc. On 11 November 2011, Jaiz International received a license from the Central Bank of Nigeria,to operate as a regional bank. On 6 January 2012, the institution commenced business as Jaiz Bank Plc in offices and branches in Abuja, Kaduna and Kano under the chairmanship of Alhaji (Dr) Umaru Abdul Mutallab(CON).

All members of the Board of Directors of Jaiz Bank are Muslims though people of other religious persuasions can patronize the Bank as customers.

The Non-Interest Bank, which offers almost all the services of conventional banks actually says on its website that it is an alternative financial service offering that is open to all, irrespective of race or religion based on the ethical principles of fairness, transparency and objectivity.

The catch here is that Islamic Banks do not give or receive interest, nor finance anything that is harmful to the society like alcohol, tobacco, gambling etc.

These objectives seemingly look harmless. However, on the Jos Market controversy, many people are picking holes in the sharing arrangement of the market stalls (60 for Jaiz and 40 % for Plateau) for a period of 40 years. I suspect that the controversy is not really about the stalls but the hidden charges – the fear of an Islamic agenda considering the sharia-compliance of the Bank. In a state which is about 95 % Christians, such concerns might, no doubt, influence business transactions.

The Plateau State Government and Jaiz Bank did not do their due diligence as well as effective strategy on upstream communication, especially stakeholder engagement/consultation at the inception of the loan. It therefore seems like negotiation by stealth as well as forcing a crunch of razor blades down the throats of Plateau people who are already upbeat on so many fronts and issues. Actually, a recent research conducted by some Islamic scholars based in Turkey and Malaysia has so far shown that there are still negative perceptions and skepticism about Islamic Banking among non-Muslims in Nigeria.

In this age of enlightenment, who can allay the fears of Plateau people on the hidden consequences of this financial transaction with Jaiz Bank which operates under the Islamic interest-free banking principles?

Please, quickly step forward for recognition.

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Notion just turned its workspace into a hub for AI agents

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Productivity software maker Notion is stepping into the agentic era.

In a live-streamed product announcement on Wednesday, the company, known best for its collaborative note-taking app, introduced a new developer platform that extends the capabilities of its custom AI agents, connects with external agents, and allows teams to build automated multi-step workflows that can pull in data from any database.

By building an orchestration layer — a system that coordinates AI work across multiple tools and data sources — Notion is positioning itself as more than a note-taker with AI features and instead as a hub where people and agents can collaborate across tools and databases.

In February, Notion first launched its Custom Agents — AI teammates that handle repetitive tasks, like answering frequently asked questions, compiling status updates, and automating workflows. Since then, Notion customers have built over one million agents, the company says.

However, these agents had limitations. They couldn’t connect with external data or use custom logic. External agents that companies used also didn’t have a way to connect with the Notion workspace. Teams had to work around these problems by using third-party automation platforms or writing their own scripts that run on their own infrastructure.

“It’s true that, historically, Notion hasn’t been the most developer-focused platform,” said Ivan Zhao, Notion co-founder and CEO, during the livestream. “But things are changing.”

Image Credits:Notion

Now, Notion will allow teams to deploy their own custom code. With its new Workers, Notion’s cloud-based environment for running custom code, customers can write their logic and deploy it to a secure sandbox (an isolated environment that keeps the code from interfering with other systems). This allows teams to do things like sync their data into Notion, build custom tools, and trigger work with webhooks — which are automated signals that kick off actions when something happens in another app — without needing to rely on external infrastructure.

You don’t even have to write the code. The company points out that your preferred AI coding agent can do it for you.

The Workers will use the same credit system as Custom Agents, but Notion is making this free through August, so developers can experiment.

Syncing external data sources is also a part of the Notion Developer Platform. Powered by Workers, the database sync feature can pull in data from any database with an API. That means you could access data from places like Salesforce, Zendesk, Postgres, and others within your own Notion databases — and keep the data current.

Zhao noted that this means that Notion’s users can now “use your Notion database as a sheer canvas to power both your workflows and your agents.”

Image Credits:Notion

Workers can also build agent tools with custom logic, for those times when connecting with a third-party via MCP — short for Model Context Protocol, an emerging standard that lets AI tools connect to external data and services — isn’t enough.

Another addition allows Notion’s users to chat directly with external AI agents they use, assign them work, and track their progress, as if they were one of Notion’s own custom agents. At launch, Notion says that Claude Code, Cursor, Codex, and Decagon are supported partner agents, but it plans to add more.

There’s an External Agent API, too, if teams want to connect their own internal agents with Notion, like those they’ve built specifically for their company’s needs.

Image Credits:Notion

Developers and agents interact with Notion’s new Developer Platform via the Notion CLI, a command-line tool for developers, available on the company’s Business and Enterprise Plans.

The Developer Platform represents a shift in strategy for Notion as it becomes more of a programmable platform than just an application, setting it up to compete with other workflow automation platforms. As businesses increasingly look to automate knowledge work and build internal AI systems, a platform that ties together agents, custom code, and live data in one place starts to look less like a productivity app and more like core infrastructure.

It also follows the broader trend among AI companies, which have been moving beyond the AI chatbot to offer agentic tools that can take actions across different software platforms.

“Any data, any tool, any agent — that’s the big picture for the Notion Developer Platform,” Zhao said.

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Bandits kill pregnant woman, husband in fresh Plateau attack

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Gunmen suspected to be bandits have killed a couple, Iliya Gyang, 30, and his pregnant wife, Grace Iliya, 25, in a fresh attack on the Angwan Ishaku community in Barkin Ladi LGA of Plateau State.

Rwang Tengwong, spokesperson for the Berom Youth Moulders Association (BYM), told Peoples Gazette that the incident occurred at about 6 p.m. on Wednesday.

In a statement sent to the Gazette, Mr Tengwong condemned the gruesome attack carried out by terrorists on Wednesday evening.

“The couple were both shot by the assailants while the husband was working in front of their home, leading to the immediate death of Mrs Grace Iliya at the scene, while her husband, who sustained serious gunshot injuries, was rushed to the hospital but sadly later gave up while receiving treatment,” he said.

Mr Tengwong noted that the attack came a day after the State Security Council meeting, where the Plateau government announced decisive measures aimed at addressing persistent attacks and destruction of farmlands across communities.

According to him, the attackers arrived on a motorcycle, opened fire on the couple and others in the area, and fled through the road leading to Fulani settlements in Fass along the Rakung-Sho road.

“The deceased woman had only recently finished breastfeeding their one-year-old twin boys and was pregnant again. The tragic killing of the couple has now left the innocent twins orphaned and devastated their entire family.

“Two other persons also sustained gunshot injuries during the attack, while their health conditions are yet to be confirmed,” Mr Tengwong said.

The group described the attack as barbaric, wicked, and inhuman, saying it reflects the worsening insecurity confronting residents of Barkin Ladi and surrounding communities.

Mr Tengwong also called on the Plateau government to immediately provide support for the orphaned twins left behind by the deceased couple.

Efforts to reach the police spokesman in the state, Alfred Alabo, were unsuccessful. Text and WhatsApp messages sent to him remained unattended as of press time.

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