Banks In Omu-Aran To Re-open soon - CBN
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.
National Party Of Nigeria Segun Olawoyin Ministry Of Women Affairs And Social Development Yomi Adeboye Olubukola Kifayat Adedeji Mahee Abdulkadir Seun Bolaji Kolawole Bashirat Special Agro-Industrial Hub NIRSAL Fatai Garuba Labaka Quarry Royal Valley Sa\'adu Salahu Mohammed Abdulahi Iyaloja-General Onilorin Of Ilorin Olatunde Oyeyiola Kwara TV Ubandoma Abdullahi Saadudeen Alikinla Oja-Oba Turaki Of Ilorin Muyiwa Oladipo Kanu Ayinke Saka Senate Presidency Ajasse-Ipo Saad Omo\'ya Tanke Flyover Bridge Shaykh Luqman Jimoh Alapansapa Aliyu Muhammed Abdulsalam Firdaous Amosa AbdulGaniyu Kareem Tinubu Legacy Forum Suleiman Mora Omar Adanla-Irese Abdulraufu Mustapha Folashade Omoniyi Shagari SSA Youth Idowu Laro Alfa Modibo Belgore Saadatu Modibbo-Kawu Suleiman Yahya Alapansapa Ademola Kiyesola Kwara State Council Of Chiefs Siddiq Adebayo Idowu Salawu Special Agro-industrial Processing Zone Abubakar Bature Sulu-Gambari Saliu Ajibola Ajia Bola Magaji Kwara Liberation Group Issa Manzuma Kunle Suleiman Victor Gbenga Yusuf Abiodun Oyedepo Olatinwo Baba Isale Gobir Durosinlohun Kawu Yahaya A Paniyaro Emir Of Yashikira Wahab Femi Agbaje Jaiz Bank Olomu Of Omu-Aran Niguel Gallando Marcias Voices Of Tomorrow Jimoh Saadudeen Muhammed Olusola Saraki Matthew Okedare Waziri Yakubu Gobir Ahmad Olanrewaju Belgore Umaru Saro Ileloke Yahaya Abdulkareem Babaita Okeose Christian Cementary Mahe Abdulkadir