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Did Prophet Muhammad (SAW) Permit 100% Interest Rate? A Rejoinder

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Bello Sani Yahuza,The writer on Interest

 

By Bello Sani Yahuza

 

“He who talks on a matter out of his profession comes with surprises” – Ibn Hajar (d. 852AH/1449CE) It has never been an issue for a person to have a keen interest in any field of study. But it is an outlandish the way things are going and the way people quickly assume expertise on a subject matter that are not familiar with.

 

They instead, come up with a lot of chaos, contradictions and confusion. So, I came across an article, written by one personality called Ali Abubakar Sadiq, a journalist by profession who claims deep knowledge of the Principles of Islamic Jurisprudence where he delves into a delicate and intricate issue of Riba (interest).

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Sadiq alleges that the Prophet Muhammad SAW has permitted a 100% interest rate. So, instead of a solution, he brings more confusion to rather known and well define the concept of Riba in the classical juristic theories and its application in the modern banking system.

 

But, beyond this, the writer creates a world of surprises. In fact, if there is an 8th wonder of the world, I am sure his writing could be the one. I, therefore, write these lines, in order to at least address some of these surprising confusions.

 

I intend to address some technical questions regarding the subject matter. For instance, is it really the Prophet (PBUH) permitted interest? what really interest is? What and what constitutes interest (al-had)? What is the Dhabid of understanding interest? What is the effective cause of and what is the wisdom/Maqasid of prohibiting interest?

 

In sha Allah, I will address these questions along the following surprises itemized based on their importance to the subject matter:

 

  1. The Prophet SAW Accepted Interest: Beyond just surprise, it is rather dangerous to claim that the Prophet (SAW) accepted interest. It can even be sacrilegious. I never read or heard a modernist or an orientalist proclaiming that the Prophet himself accepted and transacted in interest. Had this happen, that could be contradictory, I mean how can Prophet Muhammad SAW prohibits something and practiced it. The legal maxim upholds that, “Prohibition of an issue is by default an enjoinment of its opposite”.
  2. This terminology by jurists fits this context well. Besides, the condemnation of interest in the Qur’anic verses are explicitly clear that, Allah even declare war against devourer of interest (Qur’an 2:179). In another verse He says that the devourers of interest will raise in the day of resurrection in a condition of those beaten by Satan leading him to madness (2:275). Another point is how does the writer reconcile his claim with the verse that says, …and Allah has permitted trade and forbidden interest (riba) “الراب وحرم البيع هللا وأحل .” Qur’an as a legal document and a book of guidance, has unique, distinct, and miraculous style. It is full of laws and principles with a well-defined science of interpretation, in addition to commentaries and exegeses. One cannot interpret it relying upon his weak understanding of the language. Besides, English Qur’anic translated versions like Yusuf Ali and others are not enough to make a person understands the deeper meanings of its verses with their implications. Just as one cannot interpret the constitution of the Federal Republic of Nigeria even if he is what William Shakespeare is to English literature. Only an established court of law can do that.
  3. The only Interest/Riba Prohibited is above 100% Another surprise by the writer is his claim that interest which is not more than 100% is permitted by the Noble Qur’an. The writer builds his novice interpretation of Allah’s saying: “O believers, take not doubled and redoubled interest, and fear Allah so that you may prosper.” (Qur’an 3:130). With this weak, unprecedented interpretation, the writer further exposes his unfamiliarity of what he claims to know. Going by number, how would Qur’an permit 100% interest and forbids something above it? And by volume, does one cup of wine has any difference to two cups, or does stealing ₦100 has any difference to ₦200.
  4. It does not make sense, and that is ridiculous! Simply, the verse prohibited double interest which is 100% and redouble which is more than 100%. Going by the writer’s assertion, how and where does the writer get the permission of 100%? I mean, where does that state in the verse? 3. Riba, Profit, and Gift (Ihsan) Another point the writer seems to lack knowledge of is these three concepts. All of riba, profit, and gift (Ihsan) can come as an increase in repayment, his confusion in understanding the subject matter led him to falsely assume they are the same and equal, and so he messed up with them in his writing. Citing Jabir bin ‘Abdullah’s narration in Sahih al-Bukhari, Vol. 3, No. 579, in which the Prophet repaid him the debt he owed him with an extra amount as evidence for interest.
  5. This is clear misunderstanding of the case. This is not interest, had the writer, instead of assuming knowledge, referred himself to the scholars’ interpretation of the hadith, he would have understood it. The Qur’an says: “But if they had referred it back to the Messenger or to those of authority among them, then the ones who can draw correct conclusions from it would have known about it” (Qur’an 4:83). So, interest is clearly prohibited whereas, the other two are allowed. More so, debt on its own is not, and will never be a mechanism for profit-making in Islam. The trajectories of interest, profit, and gift and how they can interchange in a transaction are dynamic.
  6. Interest is a predetermine unjustified increment which promotes exploitation of the giver upon the receiver of the loan. Giving out loan does not make the money increase. Qur’an says: “That which you give as interest to increase the people’s’ wealth increases not with Allah; but that which you give in charity, seeking the goodwill of Allah, multiplies in manifold.” (Qur’an 30: 39). Paradoxically, profit is a justified return or earning upon which all economic and financial transactions are based. While gift is an act of benevolence (Ihsan). So, in essence, giving loans stipulating an increase in the debt agreement is interest, while selling a commodity with the same increase is profit and any addition of both the two instances without stipulating any condition to it, is a gift (Ihsan). As in hadith he cited, “when he (the Prophet) repaid the loan of a camel giving two back (Muwatta Kitab al-Buyu hadith 1346),
  7. Money and Commodity A very basic knowledge of Islamic finance can help one to know that in Islamic law, there is a world of difference between money and commodity. The writer quoted out of context one tradition in Sahih Muslim of Prophet giving a better-quality camel than the original one.
  8. In Shari’ah, a side of being a recognizable unit of account and means of payment for goods and services, money, has no intrinsic value. Money is only viewed as a mechanism for facilitating trade. A ₦100 notes for instance, a side of being a legal tender in Nigeria, one can hardly draw any benefit from it, and the moment that quality preserved by law is removed it becomes nothing.

All the old paper currencies and coins after they were abolished by law of the land, they are as good as trash. But the commodity on the other hand, has intrinsic value, this means a real economic value. So, naturally one can benefit from food, cloth, shelter by eating, waring, privacy etc.

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The implication of that from the jurisprudential perspective is that, one cannot buy and sell money on credit and add anything above the principal. Any increment is interest. The legal maxim says “any loan returns with benefit is interest”. Simply put it, Islam approves Time value in commodity transaction, but prohibits time value of money (TVM).

 

To really understand the concept of Riba in the Islamic jurisprudence, one must know the difference between money and commodity, it is one major yardstick and fantastic point of difference between Islam and the interest-based systems.

 

  1. Collateral as Riba Again, another surprise here, the writer claims that taking collateral in giving loans is also an interest. Citing another narration out of context on Prophet’s taking grain from a Jew on credit and giving him collaterally.

 

The question is how does the collateral in this contract stand as riba? Then, why the Jew had to return back the collateral when the debt was repaid?

 

A clear contradiction and confusion! Collateral is separate rule in the Islamic commercial transaction.

Let the writer refer to Qur’an 2: 282, to know the rules related to collateral.

 

  1. The Definition of Riba The writer here claims that the definition of interest is given in the Noble Qur’an when Allah says “Do not devour riba double and redouble” Qur’an 3:130. This verse does not define interest at all. Rather, it explains one scope, an aspect, and a dimension of interest. Why? because, the cultural context and the prevailing economic system in the Arabia during revelation is that, riba is well known by all and sundry.

The known maxim says: “A known matter does not need definition”. Interest is so pervasive that everybody was transacting in it. Perhaps, this is part of the wisdom of its gradual revelation and prohibition. So, let the writer refer to the gradual legislation of interest in the Qur’an.

 

  1. Riba and Mutual Consent The writer says “There is nothing in the Quran or Hadith that prohibits the pre-fixing of the rate of return, as long as it occurs with the mutual consent of the parties and doesn’t exceed 100%, since the prophet’s payment of two camels for one is 100% interest”. Another glaring misconception! When, where and how the mutual consent of the parties constitutes a source of law in Shari’ah? Or when does it make permitted what is prohibited? I need an answer to this please!

 

  1. Originality The technical aspect of the writing is another drawback of the writing. Apart from verses and hadith he cited; the writer uses most of the writings which are from the secondary sources. The writer claims ownership as if he is the original writer of the issues. He did not acknowledge his sources which some of them are just copied and paste from online internet sources such as Wikipedia and so on.

 

The arguments made by the modernists and orientalists like Muhammad Akram Khan, Timur Kuran, Muhammad Omar Faruq who use TVM, inflation, and so on to defend the banking interest.

 

Other scholars who are moved by political fatwas such as Sheikh Tantawi and other scholars from Egypt, their fatwa is controversial not accepted even in Al-Azhar.

 

Another aspect I find also, apart from modernists’ argument on interest, the writer’s claim on Jassas as the first to interpret interest as all increase, Ottoman’s dealing with interest and historical narration of legalizing interest, these and many others, are not acknowledged. Most of them are copied from Wikipedia (source – https://en.wikipedia.org/wiki/Riba#Non-orthodox_approach).

 

You can see, getting access to information source does not make a person knowledgeable of the subject matter.

 

  1. Warning My advice to the writer is to call his attention that while knowledge is never a monopoly of anybody, but it has its own standard, discipline, and decorum anybody must adhere to. And while, one will never claim to know everything, the jack of all trade will always be a master of none.

Allah The Almighty says: “You have given all of the knowledge but a little”. That is why professionalism is very important and every person should follow his own profession. Nevertheless, no one is denied the benefit of having an interest in any particular field of study.

 

But that aspect should be handled with maturity and respect of the discipline.

 

  1. Admonition, In conclusion, the entirety of religion is based on admonition (Nasihah). My first and foremost admonition to the writer is to quickly repent from alleging the Prophet of accepting riba.

 

It is a grievous sin to falsely attribute something to Allah or to His Messenger. Some scholars rank it equal with the association (shirk) or more grievous than shirk.

 

I also call him to withdraw his claim and adopt the authentic view accepted by the Muslims ummah. The Prophet says: “My nation will never unite on falsehood” You cannot fault the Ummah in its entirety but, individuals cannot be certain of their personal views.

 

 

Bello Sani Yahuza bellokano2000@gmail.com  International Islamic University, Gombak, Malaysia. 14/07/2020

Opinion

When Power Meets Purpose: Why Abba Kabir Yusuf’s APC Move Is Kano’s Necessary Turn

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By Abdulkadir Ahmed Ibrahim (Kwakwatawa), FNGE.

In politics, moments arise when loyalty to a platform must give way to loyalty to the people. There are seasons when courage is not found in standing still, but in moving forward with clarity of purpose. Kano State stands at such a moment. The planned defection of Governor Abba Kabir Yusuf to the ruling All Progressives Congress is not an act of betrayal. It is a call to responsibility, a deliberate choice shaped by necessity, foresight, and the overriding interest of Kano and its people.

Perhaps power, when isolated, grows weak. Governance, when detached from the centre, struggles to deliver. Since the emergence of Abba Kabir Yusuf as governor, Kano has found itself standing alone in the national space. Federal presence is thin, strategic attention limited. The state that once sat confidently at the table of national influence now watches key decisions pass by without its voice fully heard. This isolation is not a reflection of the governor’s intent or capacity; it is the reality of operating outside the ruling structure in a political environment where access often determines outcomes.

It is common knowledge that governors do not govern in a vacuum. Roads, security, education, health, and economic revival depend on cooperation between state and federal authorities. When that bridge is weak, the people bear the cost. Kano today needs bridges, not walls. It needs inclusion, not distance. It needs a seat where decisions are shaped, not a gallery where outcomes are merely observed.

The internal tension surrounding the emirate question has further deepened uncertainty. While history and tradition demand respect, governance demands stability. Prolonged disputes distract leadership, unsettle investors, and weigh heavily on public confidence. At such a time, a governor requires strong institutional backing and political leverage to navigate sensitive reforms with balance and authority. Standing alone makes that task far more difficult than it ought to be.

More troubling is the visible absence of federal projects and partnerships. In a country where development is often driven by political proximity, Kano cannot afford to remain on the margins. A state of its stature, population, and historical relevance deserves more than sympathetic silence. It deserves action, presence, and partnership.

It is within this context that Abba Kabir Yusuf’s movement toward the APC must be understood. Not as personal ambition, but as strategic realism. Not as political convenience, but as a pathway to unlock opportunities long denied by distance from power.

By extension, Senator Rabi’u Musa Kwankwaso stands at a defining crossroads. History has placed him in a rare position. He is respected across party lines, commands a loyal following, and remains one of the most influential political figures in Northern Nigeria. Above all, President Bola Ahmed Tinubu holds him in high regard. They share a common political generation, having both served as governors in 1999, shaped by the same democratic rebirth and seasoned by time and experience.

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In addition, one can recall that both Rabi’u Kwankwaso and Bola Tinubu were at the National Assembly under the platform of the now defunct Social Democratic Party, SDP, during the short-lived 3rd Republic. The former was the Deputy Speaker at the House of Representatives while the latter was a Senator together with Late Senator Engineer Magaji Abdullahi who was also elected under the same SDP ticket.

Late Engineer Magaji Abdullahi a former Deputy Governor of Kano State (2003 to 2007) and also a former Chief Executive of the State owned Water Resources and Engineering Construction Agency, WRECA, in the 1980s was a benefactor of Engineers Rabi’u Kwankwaso and Abba Kabir Yusuf were they first met as members of staff.

The late successful Kano technocrat, accomplished engineer, career civil servant charismatic and vibrant national politician was a close ally and associate of Asiwaju Bola Ahmed Tinubu starting from the SDP days and the duo was some of the foundation members of the APC.

The President’s repeated extension of an olive branch to Kwankwaso is therefore not accidental. These gestures are acknowledgements of value, respect, and shared history. They signal recognition of Kwankwaso’s political weight and his capacity to contribute meaningfully at the national level. When such calls come consistently, wisdom suggests they should not be ignored. Kwankwaso should heed the call by moving along with the political direction of Kano State.

The truth is unavoidable. The political home Kwankwaso once built no longer offers the shelter it promised. The NNPP is enmeshed in internal crises that threaten its very identity. Court cases over party ownership and recognition pose serious risks. With the Independent National Electoral Commission recognising one faction amid raging disputes, the platform has become unstable ground for any serious electoral ambition. Under these circumstances, entering the 2027 race either with Abba Kabir Yusuf seeking re election on the NNPP platform or Kwankwaso pursuing a presidential ambition would amount to gambling against history and reason.

The alternatives are no better. The Peoples Democratic Party is fractured, weakened by internal contradictions and persistent leadership disputes. Its once formidable structure now struggles to inspire confidence. The African Democratic Congress, on the other hand, is ideologically and historically uncomfortable for Kwankwaso. Many of its leading figures were once his fiercest rivals. They resisted him in the PDP and are unlikely to allow him meaningful influence now. Political memory is long, and grudges rarely dissolve.

Beyond current realities lies a deeper lesson from history. Regional parties, no matter how passionate or popular within their strongholds, have rarely succeeded on the national stage. From the First Republic to the Fourth, the pattern remains consistent. Nigeria rewards broad coalitions, not narrow bases. Power flows where diversity converges.

The APC today represents that convergence. It is not perfect, but it is expansive. It is national in outlook, broad in structure, and firmly in control of the federal machinery. For Kano, aligning with the APC is not surrender. It is strategy. It is an investment in relevance, access, and development.

For Abba Kabir Yusuf, the move is about delivering tangible dividends of democracy. For Kwankwaso, it is about securing a future that reflects his stature and experience. Loyalty, in its truest sense, is not blind attachment to a platform. It is fidelity to the welfare of followers, to the aspirations of a people, and to the demands of the moment.

Politics is not static. It is a living conversation between ideals and realities. When realities change, wisdom adapts. Kano’s future demands bold choices, not sentimental delays. The music is louder now. The moment is clearer. The door is open.

History favours those who recognise when to move. For Abba Kabir Yusuf and Senator Rabi’u Musa Kwankwaso, the path toward the APC is not a retreat from principle. It is a step toward purpose. They should go back to where they rightly belong. And for Kano, it may well be the bridge back to the centre, where its voice belongs and its destiny can be fully pursued.

Abdulkadir, a Fellow of Nigerian Guild of Editors, former National Vice President of the NUJ, Veteran Journalist, was the Press Secretary of the former Deputy Governor Late Engineer Magaji Abdullahi.

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Opinion

Legislative Brilliance : DSP Barau Lights Up Al-Hikmah University

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By Abba Anwar

The management of Al-Hikmah University, Ilorin, Kwara state, shopped for an individual politician, whose intervention cuts across all sections of the country, with vigor, informed scholarship, skilful understanding of democracy and a patriotic contributor for national development. In their search, they stop on the table of the Deputy Senate President, Distinguished Senator Barau I Jibrin, CFR, as they invited him to deliver the Convocation Lecture during the 15th Convocation Ceremony of the University, Wednesday.

Looking at the title of the lecture, “Managing Executive–Legislature Relations towards Democratic Consolidation in Nigeria’s Fourth Republic,” it is glaring that, only informed political leaders, with the needed exposure, could add value to the discussion. Not vague and fairy tales tellers.

Amidst scholars, democrats and activists, Senator Barau explores legislative expertise and scholarly advancement of discussion about genuine democracy around national development. A position that underscores the imperative of harmonious executive-legislative relations for Nigeria’s democratic consolidation.

While the lecture did not focus “… on the evolving relationship between the executive and legislative arms of government since Nigeria’s return to democratic rule in 1999,” only, the lecture positions the DSP as a scholarly voice of governance.

Being a member of the House of Representatives in 1999 and now a Senator, Deputy Senate President, to be precise, and looking beyond his state or any micro political entity, he believes, profoundly that, the executive and the legislature must work together to address the challenges plaguing the nation.

As he delved into figurative identification of the productive and close nexus relationship that exists between the National Assembly and the executive arm under President Bola Ahmed Tinubu, GCFR, he enunciated that, only collaborative effort, amongst the two arms, could save the country. Hence, in his own terms, both executive and legislature are unarguably on the same page, of making Nigeria great again.

Apart from his scholarly discussion on the theme, his interventions in the education sector, back home in Kano and the nation in general, informed all decisions across the academic environment, there, and students’ bodies, to present to him Awards of Excellence. To officially recognize him as an icon for the development of the education sector in the land.

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They all appreciated his contributions to students through scholarships scheme, for studies in different fields of study. Both within and outside the country. As thousands get access to his scheme. He was identified as one of the leading national politicians whose contributions to education are immensely spotted and glaring. Some defined him as a National Messiah for Education.

Many Professors and academics, who attended the lecture, described him as a scholar in his own right. Whose arguments in the paper he presented, showcase how deeply rooted he is in the art of governance, legislation and engaging democratic activism.

The Deputy Senate President believes that, “A consolidated democracy is one in which political actors, institutions, and citizens internalise democratic norms, and where the probability of democratic breakdown becomes remote.”

He got standing ovation when he paraphrased, Diamond’s (1999) argument that, “In Nigeria’s Fourth Republic, democratic consolidation extends beyond the regular conduct of elections. It encompasses adherence to constitutionalism, respect for separation of powers, accountability, rule of law, and effective inter-institutional collaboration.

The Executive-Legislature relationship therefore constitutes a critical arena in which democratic values are either strengthened or undermined.”

DSP’s deeper knowledge of national democratic structure and his patriotic engagement for national cohesion and adherence to global experience, came on board when he posits that, “Early years of the Fourth Republic were marked by frequent conflicts over leadership of the National Assembly, budgetary processes, impeachment threats, and oversight functions which constitute impediments towards democratic consolidation after prolonged military rule.”

All the bottlenecks in his classical analysis stem from “Executive dominance inherited from prolonged military rule, weak institutional capacity within the Legislature, partisan competition overriding constitutional responsibility and
personalisation of power rather than institutional governance.”

Distinguished Senator Barau’s Al-Hikmah University’s presentation of Convocation Lecture, pushed many to accept the fact and the obvious that, he is indispensably a rare gem in legislative environment and a political stretcher in the national scheme of things. A national figure with global outreach. A gentleman with informed mind, capable hands and coordinated brain. Whose silence and humility are not defeatist, but calculative strategy.

One of the things that you cannot take away from him is, he is a political figure with thoughtful approach to politics.

In his elderly advice to the graduands he said, “As graduands of Al-Hikma University step into society, I urge you to uphold democratic values, demand accountable governance, and contribute intellectually and ethically to Nigeria’s democratic consolidation. Democracy is not sustained by institutions alone, but by enlightened citizens and principled leaders.”

The concluding part of his paper, speaks volume about his unwavering belief in democratic process, patriotic leadership style and informed understanding of national politics devoid of ethnic chauvinism. Hear the gentleman, ” Distinguished audience, Nigeria’s Fourth Republic has endured longer than any previous democratic experiment in our history.

This endurance, however, must be matched with qualitative democratic deepening. Managing Executive–Legislature relations with wisdom, restraint, and constitutional fidelity is central to this task.”

Anwar writes from Kano
Thursday, 8th January, 2026

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Opinion

Beyond the Godfather’s Shadow: Why Governor Abba Kabir Yusuf Chose Kano Over a Provincial Presidential Quest

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​By Kabiru Sani Dogo Maiwanki

​The recent pronouncements by Senator Rabiu Musa Kwankwaso regarding Governor Abba Kabir Yusuf’s strategic political recalibration have finally stripped away the façade, exposing the profound ideological fissures within the NNPP hierarchy. In a caustic address delivered Saturday evening, the Senator characterized the Governor’s newfound autonomy as a “betrayal” of a far more egregious nature than that of his predecessor, Abdullahi Ganduje. However, in this vitriolic attempt to cast himself as the victim of political infidelity, Kwankwaso inadvertently betrayed a disconcerting truth: he viewed the incumbent administration not as a sovereign executive entity, but as a subordinate instrument of his personal political estate.

​Senator Kwankwaso remarked that, as a presidential hopeful, his fundamental expectation was that the administration he purportedly “installed” would function as a geopolitical centrifuge—a financial and logistical catalyst designed to project the Kwankwasiyya hegemony into neighboring Northwestern territories. He expressed profound chagrin that, over two years into this mandate, the machinery of the Kano State government has not been weaponized to “conquer” even Jigawa State for his political brand. This revelation is remarkably candid; it implies that the Senator’s patronage of the current administration was never rooted in the socio-economic advancement of the Kano populace, but was instead a cynical stratagem to treat the state’s commonwealth as a private war chest for a singular, ego-driven presidential odyssey.

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​By resisting this role, Governor Abba Kabir Yusuf has committed what Kwankwaso perceives as an unpardonable “sin,” but what objective observers must recognize as a courageous act of institutional integrity. The Governor’s refusal to allow the Kano State treasury to be cannibalized for regional political expansion is a resounding victory for fiscal prudence and administrative transparency. It represents a principled rejection of the archaic practice where public commonwealth is weaponized to bolster the narrow political interests of a singular godfather at the expense of the citizenry.

​The depth of the Senator’s desperation is now laid bare for all to see. In a striking reversal from his usual posture of absolute authority, Kwankwaso has been reduced to making public appeals for reconciliation. His recent plea—openly asking anyone with access to the Governor to “beg him to come back”—reveals a leader who has finally grasped the magnitude of his loss. It is the sound of a man who realizes that the “innocent aide” he once underrated has not only secured his independence but has taken the soul of the movement with him.

​It is therefore essential for Kwankwaso and other political leaders who pride themselves on their political stature to realize that there is a limit to how long they can continue to deceive and exploit their followers. Respect must be reciprocal; whether between a leader and the led, there is a definitive limit to the amount of insult, manipulation, and contempt any person can endure.

Whenever you push a supporter to the brink and their patience finally runs out, the consequences of their anger will certainly be unpleasant for those in power.
​For the well-meaning people of Kano, this is a moment to offer unalloyed commendation. Governor Abba deserves praise for his steadfastness in protecting the state’s allocations and for prioritizing the welfare of the masses over the expansionist agenda of a political empire. Abba Kabir Yusuf has chosen to be the custodian of the people’s trust rather than a puppet for personal ambition, and in doing so, he has redefined the essence of leadership in Kano.

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