Baruteen Traders Seek More Banks in Border Communities.

Date: 2014-02-22

The Association of  Baruten Food Stuff Dealers on Friday called for the location of more banks in the border communities of  Kwara.

Mallam Sulaiman Yaru-Yite, the Secretary of the association, made the call while speaking with the News Agency of Nigeria (NAN) in Okuta, Baruten Local Government area of Kwara.

He said the presence of  only one  bank in the  entire council area was inadequate given the volume of  commercial activities  in the area.

According to him, traders from across Nigeria and the neighbouring Benin Republic transact business in the  border communities.

“Many of us are always afraid while moving cash around for fear of being robbed

“Our customers move from Lagos and other parts  of the country to this area with huge amount of money.

“There is an urgent need for more banks because most of the customers are afraid of losing their money,” he said.

He also told NAN that setting up of more banks would boost  the cashless policy of the Central Bank. (NAN)

 

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