Establish More Branches In Yobe, Buni Urges Banks

Commercial banks have been urged to establish their branches In Yobe State to ease business transactions.

Governor Mai-Mala Buni made the plea in Damaturu the state capital on Monday while inaugurating 50 Point Of Sales (POS) machines donated to the state by the United Bank for Africa (UBA) to enhance revenue generation.

He added that opening more branches in the state would encourage bank transactions among rural dwellers.

“In Yobe, only four out of the 17 local government areas have banks. Many of our people are either farmers or pastoralists who believe in holding cash instead of engaging in bank transactions.

“It is high time you expanded your operations to cover the remaining local government areas,” the governor said.

He said opening more branches in the state would encourage bank transactions among rural dwellers.

“In Yobe, only four out of the 17 local government areas have banks. Many of our people are either farmers or pastoralists who believe in holding cash instead of engaging in bank transactions.

“It is high time you expanded your operations to cover the remaining local government areas,” the governor said.