“Islamic banking proposal began from the period of former CBN Governor Charles Soludo, and all the process and procedures for its formation were arranged before my coming as the Governor of the CBN. I inherited the idea. A committee on the formation of Islamic bank was appointed and this was led by a Deputy Governor of the CBN Mr. Tunde Lemo. The committee was fully satisfied with the proposal and formation. So this is not my idea, I met it on ground.” – Sanusi Lamido, CBN Governor.