Banks in Nigeria
Business

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

258
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

Netflix raises subscription fees in Nigeria, the second in three months

by Ramlat Ibrahim Netflix has again announced another tariff hike for its...

Exciting prizes up for grabs with FirstBank Visa Gold and Visa Infinite Cards in 2024 summer campaign

First Bank, the West African premier financial institution and financial inclusion services...

Transcorp Hotels achieve 188 percent growth in 2024 half year

Transcorp Hotels, the hospitality subsidiary of one of Africa’s leading listed conglomerates,...

Why FG injected N1trn palliatives into manufacturing sector – Finance Minister Edun

The Federal Government has disclosed that a total sum of N1 trillion...

Breaking: Again, CBN increases interest to 26.75 percent

The Central Bank of Nigeria (CBN) has raised the monetary policy rate...

I’m no longer interested in investing in Nigeria’s steel industry, says Aliko Dangote

Alhaji Aliko Dangote, the Chairman of Dangote Industries Limited, has halted the...

With giants campaign, First Bank is truly woven into society’s fabric

The ‘Giant in you’ campaign of the FirstBank has again confirmed the...

CBN sells $122.67m to 46 authorized FX dealers

The Central Bank of Nigeria (CBN) says it has sold $122.67 million...

Nigeria’s FX reserves hit $35.05 bln, highest under Pres. Tinubu

Nigeria’s external reserves continue to soar, as the foreign exchange reserve hit...

UBA MD, Alawuba, appointed Chairman, CIBN Body of Banks’ CEOs

Oliver Alawuba, the Group Managing Director/Chief Executive Officer of United Bank for...

Nigeria seeks $172bn investment boost in key sectors

Nigeria Backbone Infrastructure Limited, a multinational company, has announced plans to invest...

Tinubu to release N2trn to revamp Nigerian economy

President Bola Tinubu has promised to revamp the Nigerian economy by injecting...

FG grants withholding tax exemptions to SMEs, farmers, manufacturers

Mr. Taiwo Oyedele, the Chairman of the Presidential Committee on Fiscal Policy...

Nigeria’s foreign investment inflows grow by 210% in Q1 2024

Foreign investment inflows to Nigeria grew to $3.38 billion in the first...

CBN gets 7 days ultimatum to account for missing N100bn dirty notes, public funds

SERAP said the allegations are documented in the latest annual report recently...

Nigeria’s external reserves surge to $34bln, first since March

Nigeria’s external reserve hit a new milestone in June, rising to $34.07...

Regulation of crypto, digital assets now under full control, says SEC DG

The Securities and Exchange Commission (SEC)  says it has complete oversight and...

Glory days ahead for the naira – CBN Gov. Cardoso

Dr. Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN),...

Dangote Sugar Refinery registers N209bln multi-instrument issuance programme

In a bid to uphold the standard of its corporate objectives, Dangote...

CBN issued IMTOs Naira access to boost remittances

The Central Bank of Nigeria (CBN) says it has implemented new measures...