Naira Scarcity: Bank Workers Threaten To Shut Down
Following attacks on some commercial bank premises, the National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE) has threatened to withdraw its members’ services nationwide.
It also stated that it would not halt the withdrawal until the attacks on its employees were addressed and security was ensured.
In a statement issued on Wednesday, NUBIFIE’s General Secretary, Mr Mohammed Sheikh, expressed concern about recent attacks on bank employees who were not adequately protected by security agencies.
Sheikh, as a result, urged the Federal Government, the Central Bank of Nigeria (CBN), and other stakeholders to work together to alleviate the hardship caused by the change in cash withdrawal policy.
He also pleaded with Nigerians who were unable to access their bank deposits to bear with the situation.
“We, therefore, call on the Central Bank of Nigeria to review the cash withdrawal policy which has affected the business of over 200,000 Point of Sales businesses in Nigeria,” Sheikh said.
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