Latest News

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

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.

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

Recent Posts

10-year-old Emmanuel Shaibu Needs $39,000 For Liver Transplant

While many are grappling with only hunger posed by current economic hardship, others are battling… Read More

4 hours ago

Educationist, Adebogun, Hails Tinubu For Ikorodu-Imota-Itoikin-Epe Road Rehabilitation

An educationist and school proprietor in Lagos State, Dr. Oladega Adebogun, has commended President Bola… Read More

13 hours ago

Why Attend AFSIC – Investing in Africa 2024

LONDON, England, 30th April 2024, /African Media Agency/- AFSIC – Investing in Africa is the leading Africa… Read More

15 hours ago

Flood, Currency Depreciation, Others To Drive Nigeria’s Inflation In 2025- Report

Nigeria's inflation rate is expected to remain high in 2025, according to a recent Reuters… Read More

15 hours ago

United States Urges Global Community To Stop Arms Sales To Sudan Amid Genocide

The United States has called on all countries to immediately stop supplying weapons to Sudan's… Read More

15 hours ago

Niyel: an unwavering commitment to vaccination in Africa

During African Vaccination Week, Niyel, an international advocacy, campaigns, and public affairs firm, reaffirms its… Read More

15 hours ago

This website uses cookies.