The Association of Senior Staff of Banks, Insurance, and Financial Institutions (ASSBIFI) has declared that its strike action will be suspended and that banks will resume operations on Monday, February 20, 2023.
Due to the naira shortage, there were several instances of protests and the damage of bank facilities across the nation.
Sunday, association president Olusoji Oluwole confirmed this information.
However, he urged members to close their doors and gates against consumers whenever their lives were threatened without further instruction.
“Due to the recent unwarranted attacks on ASSBIFI members and other bank employees, as well as the destruction of several bank branches in various states, we were forced to issue a stay-at-home order to our members in order to protect their lives and the properties of their various organizations,” he said.
“Based on the outcome of our discussion, we are releasing the following statements: while our members will immediately return to their functional branches, the safety and security of their lives remains our top priority, and we will continue to demand that visible and adequate security is provided in all operational areas. particularly regions that have a history of instability.
“In the event of any public attack danger without visible security, they have been instructed to cease operations and relocate to secure areas until their safety can be guaranteed.”
Before starting for business, he recommended members to evaluate the security situation in their respective locations.
Oluwole stated that the group is concerned about the inciting and threatening statements made in response to the initial inability of banks to take old N1000 and N500 notes due to a directive from the Central Bank of Nigeria.