TAJBank Finances School’s Expansion in Akwa Ibom

TAJBank Saint John Paul Schools

By Modupe Gbadeyanka

A non-interest bank with its headquarters in Abuja, TAJBank, has reaffirmed its commitment to the development of education in the country.

The lender recently financed the expansion drive of Saint John Paul Schools in Akwa Ibom State. Funds obtained from the bank were used to put in place a new infrastructure, which was commissioned a few days ago.

Saint John Paul Schools is owned by the former Governor of Akwa Ibom State, Mr Godswill Akpabio. He is the current Minister of Niger Delta Affairs. His wife, Mrs Uloma Akpabio, is the chairman of the school.

At the commissioning of the new infrastructure, which was attended by several dignitaries, the Minister commended TAJBank for believing in the vision of the school and accepting to provide financing for expansion of the institution’s infrastructures.

This, he said, was an evident indication of the bank’s willingness to collaborate with credible bodies in its drive to contribute to the significant improvement of the nation’s education sector.

Mr Akpabio urged the financial institution to consider opening a branch in Uyo as a priority once it secures its national license from the Central Bank of Nigeria (CBN).

Speaking at the event, a representative of TAJBank, Mr Nasir Usman, acknowledged the enormous strides that the leadership of Saint John Paul Schools Akwa Ibom has made to fill in the gap of quality education in Nigeria, taking into cognizance critical factors such the need for affordability to the general populace.

He noted that the results were evident in the school’s nine years of existence as it had succeeded in moulding students of great intellectual output and high moral standing.

In just over one year of operations, TAJBank has recorded several milestones.

Recently, it was awarded Bank of the Year by Leadership Newspapers Group for its remarkable performance and efforts in driving financial inclusion to people at the grassroots.

TAJBank offers an array of products and service offerings which are widely available to customers. Some of these products include: Partnership (Mudarabah) Term Deposit, Lease (Ijarah) Finance, Partnership (Mudarabah) Savings/Current Accounts, Qard Savings and much more.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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