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.

General Tunde Idiagbon International Airport Ilorin     Oloye     Patience Jonathan     Yinka Aluko     Olatinwo     Arik     Toyin Saraki     Ghali Muhammed     Undergraduate Bursary     Adanla-Irese     Abdulganiyu AbdulAzeez     Revenue Court     Economic And Financial Crimes Commission     Yemi Sanni     Jani Ibrahim     Ibrahim Akaje     Muhammad Sirajo Aliyu     Sai Kayi     Oloje     Okanlawon Musa     Taofik Mustapha     Joseph Yemi Ajayi     Aliyu Sabi     Kayode Bankole     Just Law Forum     Saad Belgore     Bashir Omolaja Bolarinwa     Ibrahim Mohammed     AGM Professional Services     Oba Abu     Just Event Online     Folashade Omoniyi     Markaz Arabic And Islamic Training Institute, Agege     Nigeria Foundation For Artificial Intelligence     Saliu Alamoyo     Isiaq Khadeejah     Mohammed Danjuma     Yusuf Aiyedun     Suwa-Arabs     Sunday Otokiti     Usman Alkali Baba     Shao     Sabo-Oke     Irepodun     Kola Bukoye     Joseph Daudu     Alloy Chukwuemeka     ITP     Al-Hikmah University     Abdul Jimoh Mohammed     Akeem Olatunji     Suleiman Idris     Kwara 2019     Lasiele Alabi Yahaya     Rachael Obisesan     Alfa Yahaya Road     Tafida Of Ilorin     NFAI     Yakub Lai Gobir     Alabi Olayemi Abdulrazak     Quranic Recitation Competition     IsDB     Ajasse-Ipo     Abdullahi G. Mohammad     Jimba Babatunde     Atiku Abubakar     Yahaya Seriki     Bilikis Oladimeji     Garuba Alikinla Shittu     Yusuf Lawal     AbdulRasaq Abdulmajeed Alaro     Baruba     Wasiu Odewale     Kupchi Hosea Maxwell     Hakeem Lawal     Olumide Daniel Ibitoye     Zulkifli Ibraheem    

Cloud Tag: What's trending

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

Issa Oloruntogun     Charles Ibitoye     Durosinlohun Atiku     CKNG     Raliat Elelu-Habeeb     Allocation     GGDSS Pakata     Omoniyi     Abdullahi Saadudeen Alikinla     Ibrahim Mashood     Ahmed Mohammed Rifun     IQRA College     Agbarigidoma     HAMFAT Clinic And Maternity     Arik     Issa Memunat Moyosore     Elelu     Jimoh Olusola Imam     Bankole Omishore     MMWG     Crystal Corner Shops     Senate Presidency     Joana Nnazua Kolo     Hamidat Sulyman-Yusuf     Ayo Adeyemi     Umar Ayinla Saro     TIC     School Of Nursing     Christopher Odetunde     Lai Gobir     Kunbi Titiloye     AbdulRauf Keji     Moremi High School     Mopelola Abdulmaliq-Bashir     Oba Of Jebba     Mohammed Kamaludeen     Ilorin.Info     Kayode Ishola     Zainab Abass     Oro Grammar School     Madawaki Of Ilorin     Sulu Gambari     Saliu Oluwole     Olokoba     Okin Group     Saliu Ajia     Isiaka Rafiu Mope     Adisa Logun     Hajj     Dan Iya Of Ilorin     Garba Ado Sanni     Sheikh Ridhwanullah El-ilory     Prince Bola Ajibola     Afin Descendants Union Of Odo-Owa     Oyin-Zubair     Ayodele Shittu     TESCOM     Abdulmumini Sanni Jawondo     Abdulganiyu Oladosu     Kudirat Arinola Lawal     New Model Police Station     David Oyedepo     AbdulKareem Yusuf Danhawa     Volunteers Of Ilorin Community And The Emirate     Voices Of Tomorrow     Mamman Saba Jibril     Amos Justus Sayo     Chief Imam Of Offa     Saka Aleshinloye     Akorede     Academic Staff Union Of Universities     Mohammed Khadijat Kubura     Assayomo     Sa\'adu Gambari     Elerinjare     Oke-Ero     Ghali Muhammed