Naira scarcity: Nigerian banks shut down
The Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI), has ordered members to shut down their offices following attacks on banks and financial institutions nationwide due to the scarcity of naira notes,
A statement by the ASSBIFI national president, Olusoji Oluwole, on Friday, February 17, 2023, stated that the directive was due to consistent attacks from angry Nigerians over the scarcity of naira notes.
The statement reads: “The National Secretariat has been inundated with reports of threats and attacks on lives and properties of Members and bank branches, and subsequently has been on the field to monitor and confirm the reports.
“We issued warnings and appeals to Government to provide security measures for the Safety of Lives and Properties of our Members within and around the bank premises, but regrettably the attacks have continued without any form of security for the safety of our Members, and the recent being the attack today, Friday, 17 February, 2023 on one bank branch at Epe, Lagos State.
“We cannot leave the lives and properties of our Members exposed to obvious danger. Consequently, all members should today immediately stay away from work in any state where bank branches are attacked. This is to continue every day until normalcy is restored.
“Please note, you will be availed further directives as events develop.”