Naira Scarcity Protest: Obaseki Calls For Calm, Assures Adequate Security

Edo governor urges CBN to make cash available to citizens.
February 16, 2023
Nair Scarcity Protest: Obaseki Calls For Calm, Assures Adequate Security
Edo State Governor, Mr. Godwin Obaseki (3rd from left) with heads of security agencies, after a closed-door security meeting at the Government House, in Benin City, on Wednesday, February 15, 2023.

Edo State Governor, Mr Godwin Obaseki, has called for calm among residents of Edo State, as security operatives have been deployed to protect banking assets in the state to ensure the disbursement of cash to citizens.

The governor made the call while addressing journalists at the Government House in Benin City, on Wednesday, after a closed-door meeting with heads of security agencies in the state.

Join our WhatsApp Channel

Obaseki expressed displeasure over the protests in Benin City, the state capital, adding that the state government will do its best to ensure that residents in the state are able to withdraw their cash from the banks in the state.

READ ALSO: Naira Scarcity Protest: Delta Police Arrest 9 Over Attacks On Banks

He said: “We just concluded our security council meeting over the incident that took place in our city today. It’s something we are concerned and very sad about. It is just a culmination of the pains and sufferings expressed by our citizens.

“As a government, we tried to do as much as we could have, to make sure that citizens are able to draw cash deposited in their accounts, and unfortunately, that has not happened the way we expected and it has led to some agitations and concerns by people in the city.

“From what happened today, we can tell clearly that the people who undertook the damages of banks and banking assets were not depositors as many of them were area boys. We met and resolved to restore security to the state and the banking institutions. Security men have been deployed and will remain in banking premises to keep calm.”

“We are putting pressure on the Central Bank of Nigeria (CBN) authorities to do what they should do to release cash to citizens and have requested for security to do so. The plan is that from tomorrow morning (today), security men would give support for the disbursement of cash through POS operators in our markets and as soon as they can restore safety and sanity to the banks, then the bank will open to disburse cash to citizens.

“We want all citizens to be vigilant to make sure the situation is not hijacked so that things will not go out of control. We feel the pain of our people and as a government, we would continue to do everything we can to reduce the pain our people are going through.”

READ ALSO: Naira Scarcity: Angry Warri Youths Attack First Bank, Burn Access Bank

PBA Reporter
+ posts

Featured Stories

Latest from News

Image of Youth Corpers on Uniform

Imo Police Confirm Abduction of NYSC Prospects

Written by Amanze Chinonye Imo State Police Command has confirmed the abduction of prospective members of Nigeria’s National Youth Service Corps (NYSC) after gunmen attacked two buses carrying the travellers along the Owerri-Onitsha Road on Thursday. The attack occurred at about 6:30 a.m.
Fuel Subsidy: World Bank Must Allow Africa’s Poor Breathe

World Bank Flags Taxes, Bribery as Constraints on Kenya Businesses

Written by Amanze Chinonye Kenya’s private sector faces higher costs and uncertainty from multiple taxes, regulatory hurdles and bribery, the World Bank said on Thursday, warning that the constraints are weighing on investment and business growth. While Kenya’s corporate income tax rate is
Ex-Nigerian Minister, PAte, Appointed CEO Of GAVI
Previous Story

Ex-Nigerian Minister, Pate, Appointed CEO Of GAVI

HP Unveils New Z-series High-performance Workstation Desktop
Next Story

HP Unveils New Z-series High-performance Workstation Desktop

Don't Miss

Image of Remi Tinubu

Aso Rock Chapel Is Open, Holds Regular Weekly Fellowships- Mrs Oluremi Tinubu

The First Lady, Mrs Oluremi Tinubu, has said that a
Nigeria's Equity Market Declines By 1.99% in March Despite Weekly Gains

Eterna, Ikeja Hotel, Others Push Nigeria’s Equity Market Index Up

Nigeria’s equity market moved into positive territory on Tuesday, gaining