Banking

Naira scarcity: Bank workers threaten closure over attacks

The National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE) has threatened to withdraw the services of its members nationwide following attacks on some commercial banks’ premises.

It also said it would not stop the withdrawal until the attacks on its workers were addressed and security ensured.

This was contained in a statement issued on Wednesday by the NUBIFIE General Secretary, Mohammed Sheikh.

READ ALSO: New naira notes: Banks shut over customers’ protest in Kogi

Sheikh appealed to the Federal Government, Central Bank of Nigeria (CBN) and various stakeholders to strive and end the hardship brought as a result of the change of cash withdrawal policy.

He also enjoined Nigerians, who were unable to access their funds deposited in banks, to bear with the situation.

“We, therefore, call on the Central Bank of Nigeria to review cash withdrawal policy which has affected the business of over 200,000 Point of Sales businesses in Nigeria,” Sheikh noted.

The Star

Segun Ojo

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