Naira Disaster: Banks Lose N5bn To Protesters

Life-style Nigeria gathered that the Affiliation of Senior Employees of Banks, Insurance coverage and Monetary Establishments, an umbrella physique of banking sector employees, disclosed that banks misplaced N5 billion following assaults on property by protesters over naira shortage.

The group’s president, Oluwole Olusoji, made this disclosure in Lagos on Thursday.

He added that protesters had attacked 17 business banks nationwide.

He defined that financial institution buildings had been burnt and Automated Teller Machines destroyed whereas financial institution officers had been additionally attacked.

“We name on the general public to desist from threatening or attacking our members or destroying our properties as they are going to be solely proverbially chopping their noses to spite their faces. We are able to solely give what we now have been supplied with and nothing extra,” Olusoji mentioned.

Recall that it was reported that protests in Edo, Delta and different elements of the nation led to lack of lives and properties