Banks In Omu-Aran To Re-open soon - CBN

Date: 2014-04-12

The Central Bank of Nigeria (CBN) on Friday said commercial banks in Omu-Aran, headquarters of Irepodun Local Government Area, Kwara, closed to customers in May 2013, might be re-opened soon.

The state's Branch Controller of the Apex bank, Mr Monday Olotewo, told the News Agency of Nigeria (NAN) in Ilorin that the latest commitment by the Omu-Aran community was laudable.

NAN recalls that series of robbery attacks between January and May 2013, led to the indefinite closure of more than three commercial banks in the ancient town.

The closure had created hardship and forced residents to travel more than 60 kilometres for their banking transactions in adjoining communities.

Olotewo told NAN that Kwara Bankers Committee was in Omu-Aran recently, where the community donated two Hilux vehicles to security operatives to assist in proper policing of the town.

"The committee believes that the donation will go a long way to help the police to patrol the town effectively.

"It also means that the community is concerned about the security of the town.

"It is a precarious situation for us in the banking sector, particularly the CBN, to continue to witness indefinite closure of bank branches as a result of incessant armed robbery attacks.

"The closure has seriously affected the economic fortune of the town, the banks are wary of re-opening because they feel enough security had not been provided," Olotewo said.

The CBN branch controller commended the efforts and concern of the Omu-Aran Development Association (ODA) and the traditional ruler of the town, the Olomu of Omu Aran, Oba Charles Ibitoye. (NAN)

 


Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Sabi     Sango-UITH Road     Bayo Lawal     Abiodun Musa Aibinu     Lanre Issa Onilu     Mahe Abdulkadir     Ilorin South     Raliat Elelu-Habeeb     Ilorin West     Ahmad Olanrewaju Belgore     FERMA     Abdulraufu Mustapha     Akande Idowu Ayoola Muhammed     Noah Yusuf     Nupe     Yakub Ali-Agan     Risikat Lawal     Ebola     CACOVID     Olaoye B. Felix     Haleeman Salman     Wahab Olasupo Egbewole     Opobiyi     Olayinka Olaogun     Mohammed Alabi Lawal     Olomu     SDP     Iyiola Oyedepo     New Nigeria People’s Party     Umar Ayinla Saro     Apaola     Federal Allocation     Onilorin     Wahab Kunle Shittu     Olam Food Ingredients     Ahmad Uthman     Dele Momodu     Shoprite     Moses Adekanye     ASUU     David Adesina     Adedipe     3MTT     Apata Ajele Secondary School     Wahab Issa     Afonja     Oloruntoyosi Thomas     Saliu Alamoyo     Sidikat Akaje     Kaosarah Adeyi     Ilorin Durbar     Ileloke     Seun Bolaji     Ubandoma     Binta Sulyman     TIC     Plat Technologies Limited     Babata     Modupe Oluwole     Prince Sunday Fagbemi     NULGE     Mahmud Durosinlohun Atiku     Share-Tsaragi     Babs Iwarere     Raliat AbdulRazaq     CKNG     Okoolowo     Special Agro-industrial Processing Zone     Afolabi-Oshatimehin Adenike Harriet     Muftau Akanbi Oke     Kayode Laro     Agbarigidoma     Demola Banu     Paul Olawoore     Ifelodun     ASMAU PLAZA     Abdulwahab Olarewaju Issa    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Ajidagba     Abdulrahman Onikijipa     Is\'haq Modibbo Kawu     Muhammad Yahya     Sai Kayi     PharmAccess Foundation     SARS     Grillo     Taofik Mustapha     Ajibola Ademola Julius     Kawu     COEASU     Abdulraheem Olesin     Kunle Okeowo     Samari     SSA Youth     EFCC     KWASSIP     Ileloke     ER-KANG     Alaaya     Abikan     Imam Gambari     Mohammed Danjuma     Alimi Abdulrazaq     Yahaya Seriki     Wahab Issa     Jumoke Gafar     C2c@kwarastate.gov.ng     Idris Amosa Oladipo Saidu     Okoolowo     JAMB     Aisha Buhari     UITH     Joseph Bamigboye     Bilikisu Gambari     KWSUED     Okin High School     Erubu     Yusuf Amuda Aluko     NIPOGA     Ahmed Alhasssan     Alao Ayotunde     Emmanuel Bello     Baba Issa     Sabi     Oyedepo     Fatimat Saliu     Kubra Kazum     Shonga     Pacify Labs     Mary Kemi Adeosun     Saadu Alanamu     AbdulGaniyu Kareem     Mahfouz Adedimeji     Ibrahim Abdulkadir Abikan     Plat Technologies     Clara Nwachukwu     Yusuf Lawal     Bluenile Associates     Ramadan     Abdulrahman Abdulrasaq     Abdulkareem Alabi     Kwara Hotel     Muyideen Ajani Bello     Kwara State Internal Revenue Service     Olota Of Odo-Owa     Zubair Folorunsho Erubu     Idris Amosa Saidu     Roheemat Hammed     Abubakar Abdullahi Bata     Muhammad Fawaz Abubakar     Salihu Alhaji Musa     Fatai Garuba Labaka     Mohammed Lawal     March 28     General Hospital, Ilorin