The governor said the move will help spread banking services to rural areas of the state.
In a statement signed by his spokesperson, Mamman Mohammed, the governor said the move will help spread banking services to rural areas of the state.
According to the governor, out of the 17 local government areas in the state, only four have banking services. He said banks are reluctant to reopen their branches, which were closed due to the Boko Haram insurgency. “The new cashless policy of the Central Bank of Nigeria came with lots of challenges to our people in most parts of the state due to lack of banks.
“The situation is further compounded with the new cashless policy and despite our plea to the commercial banks to open branches, there have been no responses.“As a government, we have looked inward to seek for solution that would rescue our people”, Mr Buni said.“ I want to charge the management of the Bank to prepare for the challenges that would come with the new branches and you will have our full support,” he assured.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Protests rock Warri over fuel, naira scarcityProtesters on Friday caused gridlocks on the popular Warri/Sapele road and other major roads in Warri metropolis, the commercial city of Delta State, to show their grievances over the lingering hike in price of fuel and new naira notes scarcity across the state.
Read more »
Tinubu campaigns in Ekiti amidst fuel, naira scarcity, promises good governanceMr Tinubu’s campaign rally in Ekiti attracted a massive crowd despite the scarcity of fuel and new naira notes in the state.
Read more »
Nigerians need cash now - Osinbajo laments naira scarcityVice President Yemi Osinbajo, SAN, has expressed concern over difficulty experienced by Nigerians in getting the new naira notes. The VP on Friday in
Read more »
Zulum knocks CBN over naira scarcity - Punch NewspapersThe most widely read newspaper in Nigeria
Read more »
2023: Tinubu alleges 'opposition elements' want to create crisis with fuel, naira scarcity2023: Tinubu alleges ‘opposition elements’ want to create crisis with fuel, naira scarcity
Read more »
Naira Scarcity: Atiku is Nigeria's public enemy number one - APC Campaign CouncilThe campaign council noted that it is clear to every Nigerian of conscience that Atiku and the PDP do not mean well for the country.
Read more »