Ogun State Bankers Forum have come to the conclusion to shut down all banking system in the state till further notice.
This development came as a result of the on-going crisis that erupted due to the scarcity of naira notes which led some angry youth to vandalizing banks properties.
“You are aware of the massive destructions of all Commercial Banks building and other properties on Monday 20th of February, 2023 in Sagamu axis of the State
While we have held meetings with the State Executives with full assurances of improved security, we feel saddened that the response of the security operatives was absent until all banks were destroyed before decisive actions were taken”. The memo reads.
“It is a common saying in our land that a death that kills one’s Neighbour is only telling you a proverb that it will soon be your turn.
Recall that within the spate of two weeks, we have had related attacks in Sapon and Asero areas of Abeokuta, Sango Ota axis, Mowe/Ibafo axis, Ijebu Ode was averted on Friday for the prompt and timely intervention of the Military in the ancient city.
While we were thinking the end has come to these senseless attacks, we were all taken by surprise with yesterday burning, destruction and looting of banks furnitures, fittings, computers even the Air Conditioners.
Since we have just a life to live, the leadership of Ogun Bankers’ Forum has advised that all bank branches within the State be shut down pending when we are assured of improved security of bank operators and banks buildings in the State.
We recognize the need to satisfy our customers most of whom are not part of these dastard acts vis-a-vis meeting the Financial Year budgets and other KPIs; however more important to us is the safety of our members operating in the State.
We urge all to maintain safety first while we engage the State Government and relevant agencies on security matters”. The memo reads
