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Home Featured

Banks Cease Activities Over Fear Of Attacks, Cash Crunch In Ondo

by NationalInsight
February 8, 2023
in Featured, News
Reading Time: 1min read
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NUJ Want Akeredolu to lockdown in Ondo

Ondo State Governor Arakunrin Rotimi Akeredolu

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Residents of Ondo State were on Wednesday shocked when banks in the state shut their doors against customers who had thronged the branch to make transactions.


It was gathered that the branches of Zenith Bank, Access Bank, Polaris Bank, Wema Bank, Unity Bank and First Bank in Akure, the state capital as well as in Ondo town, headquarters of Ondo West Local Government Area of the state and in some other parts of the state shut down operations

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Findings revealed that the decision to shut down the banks was hinged on fear of attacks and a shortage of cash.

At Wema Bank in the Adegbola axis of the Akure metropolis, it took the spirited efforts of Police operatives attached to the facility to ward off customers who attempted to force their way into the banking hall.

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Customers had in their number arrived at the branch as early as 6:30am in anticipation of being among the first to gain entrance into the bank.

Tension began to rise when the automated teller machines, ATMs did not dispense cash and the bank refused to open its doors for the customers, creating a dilemma on how to handle the huge crowd.

Meanwhile, customers who became furious after their patience had worn off attempted to forcefully gain entrance into the bank but were repelled by police officers who fired gunshots into the air.

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It was the same situation at Polaris Bank, with customers already at the bank by 6:30am.

It has been a case of survival of the fittest at various ATMs, as the galleries have been venues for exhibitions of anger and frustration.

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