By Samuel Luka
The Bauchi state executive council (SEC) has approved the sum of N900 million for the recapitalisation of the famous Yankari Savings and Loans.
Briefing newsmen on the outcome of the SEC meeting on Sunday, the Chief Economic Adviser to Governor Bala Mohammed, Alhaji Yahuza Adamu Ningi, said the decision was taken due to the importance of the financial institution.
"The state government has approved the recapitalisation of the Bank with the sum of N900 million", he said.
According to him, the amount is not only enough, but will also enable the bank to expand and impact positively on the general economic wellbeing of Bauchi state through the normal banking services.
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