Following the October 20 armed robbery attack on commercial banks in Otukpo town, Benue State, the Central Bank of Nigeria (CBN) has taken precautionary measures to enhance the security of banks in the state.
These measures were put in place during an emergency meeting held with the management of the affected banks in Makurdi, the capital of Benue State, Daily Post reports.
In a communiqué issued at the end of the meeting, the CBN, among other decisions, directed that “all banks and her branches across the state with immediate effect [sic] commence her business operations from 8am-2pm, Monday to Friday till January 30, 2024, when a review of the security situation will be carried out at the Bankers Committee for amendment accordingly”.
The communiqué further stated that the Armored Personnel Carrier (APC) support be increased to two hundred thousand naira (N200,000.00) for Deposit Money Banks (DMBs) while CBN is increased to five hundred thousand naira (N500,000.00).
“Each bank is mandated to make its payment on or before October 27, 2023,” the communique directed.