Banks in Nigeria
Business

COVID-19: FG to banks: Provide efficient services to cushion lockdown effects

400
In a bid to flatten the curve of  Coronavirus disease, the Presidential Task Force (PTF) on the pandemic has appealed to banks to provide skeletal services to Nigerians.
National Coordinator of the PTF, Dr. Sani Aliyu, made the appeal at Tuesday’s media briefing by the task force  in Abuja.
“When we implemented the cessation of movement policy two weeks ago, we did make an exemption for banks to be allowed to engage in skeletal services and following that, the financial authorities released additional guidelines to the banks.
“We are appealing to the banks please continue to provide financial services, especially the availability of cash at the ATM and skeletal services within the banking halls.
“What is important for us is for banks to comply with our advice in terms of reducing mass gatherings, having hands disinfectants at the entrance point, monitoring of temperature and making sure that they observe the physical distancing measures that we have advised,” he said.
Aliyu explained that the extension of the lockdown announced by President Muhammadu Buhari on Monday was to help Nigeria “interrupt” the spread of the virus.
” The extension of the restriction on movement and activities in Lagos and Ogun States, as well as  Abuja, is to make it easier  to halt the transmission link of the virus through the various means of isolation, including distancing and movement restriction.
“Existing protocols on the lockdown remain unchanged, everyone in the two states and the FCT to stay at home unless seeking or providing food or medical needs.
“The conditional exemptions we had, which included banks, the media and other essential services, also remain the same, so that they can continue to operate during this period.
“This also includes agriculture sector, particularly transportation of essential agricultural products, animal produce, fertilizers and others.
“We will be having a meeting tomorrow, the task force and we will be reviewing all the exemptions as well as the protocol that we released, so there might be some changes that will come through,” he said.
On the level of engagement and collaboration between the federal and state governments on managing the crisis, Aliyu said:  “I’ll like to further emphasise the need for continuous and intensified engagement with states and subnational entities, which the PTF is currently doing.
“We are encouraging synergy between the different arms of government. There’s no doubt that the fight against COVID-19 is not just a federal effort, but one that requires partnership with both states and local government.
“We will be meeting with the Nigerian Governors’ Forum and we have already established very close links with state Commissioners of Health and we will be reaching out to equivalent of the task force at the state level.
“I’ll like to commend state governments for what they are doing and I’ll to further assure them that the task force remains committed to assist their state level efforts.
” l will like to further remind state Chief Executives of our earlier recommendation to ensure they have at least 300 beds available for treating persons with COVID-19 infection in their states.”
The National Coordinator also appealed to Muslims across the country to continue honouring all the preventive measures issued against COVID-19 as the Ramadan fasting commences.
“As we approach the holy month of Ramadan, I will  like to emphasise continuous  physical distancing and other prevention measures during this period, including frequent hand washing with soap and water as we observe our religious obligations.”

Leave a comment

Related Articles

Nigeria’s inflation rate rises to 34.80% in December 2024 up from 33.60%

Nigeria’s inflation rate rose to 34.80 percent in December 2024, up from...

Transactions with GHL: FirstBank dispels misleading reports, reaffirms commitment to excellent, standard banking services

First Bank of Nigeria Limited (FirstBank) has distanced itself from a recent...

Nigeria’s Economy Soars as Customs Records N196.94trn Trade Value in 2024

The Nigeria Customs Service (NCS) has achieved a remarkable milestone, recording a...

CBN Slams N1.35bln Fine on Nine Banks for Cash Scarcity

The Central Bank of Nigeria (CBN) has imposed a total fine of...

Tinubu Calls for Boost in Regional Trade to Drive African Growth

President Bola Tinubu has emphasized the importance of Africa focusing on internal...

Nigerian Treasury Bills Auction Shatters Records with 283.42% oversubscription

The Central Bank of Nigeria (CBN) has announced a staggering 283.42 percent...

Naira hits new low, slumps to N1,665/$1 in parallel market despite official market gains

The Nigerian Naira on Monday depreciated to N1,665 per dollar in the...

U.S. dollar strength drives oil prices down amid market pressure

By Samuel Akpan with agency report Global oil prices took a step...

Domestic Crude Oil Sale Initiative: Tinubu’s Strategic Move Pays Off

President Bola Tinubu’s directive to sell crude oil and refined products in...

CBN Sets Daily POS Transaction Cap at N100,000 for Agents

The Central Bank of Nigeria (CBN) has introduced a new policy aimed...

FirstBank’s Decemberissavybe 2024 kicks off with Kenny Blaq’s “Reckless” Musicomedy

December is a joyous season in Nigeria, a time when individuals take...

Nigeria’s Inflation Rate Rises to 34.6% in November

Nigeria’s inflation rate has risen to 34.6% in November, up from 33.8%...

Illicit mint naira sale: CBN slaps N150m fine on erring banks

The Central Bank of Nigeria (CBN) has introduced a strict measure to...

FG Sets December 16 for N120 Billion Bond Sale

The Federal Government, through the Debt Management Office (DMO), has announced plans...

Naira plummets to N1,780 per dollar, reversing recent gains

The Nigerian Naira experienced a sharp value decline on Wednesday, falling from...

Naira Posts Strong Gains Against Euro Amid Forex Market Reforms, European Political Uncertainty

The Nigerian naira has made significant gains against the European currency at...

Netflix debunks exit rumour, reaffirms commitment to Nigeria

Streaming platform Netflix has dismissed rumours suggesting it plans to withdraw from...

Nigeria’s private sector records first job decline in months amid inflationary pressures

Nigeria’s private sector experienced its first decline in employment in seven months,...

Foreign Holdings in Nigeria Drop Amid Naira Crisis, Corporate Cos’ Exits

Nigeria has experienced a sharp decline in foreign direct investment (FDI) inward...

FG begins N50 electronic levy deductions on Opay, Moniepoint, Kuda transactions

The Federal Government has commenced the deduction of a N50 electronic levy...