Ogun state banks panic, shut doors over election results

Report gathered Banks in the Ogun State capital, Abeokuta, hurriedly shut their doors against customers around 3pm on Monday as the announcement of the results of Saturday’s presidential election were being shown on national television.

The closure was attributed to the fears over what the outcome of the election might be, our correspondents learnt.

When newsmen visited banks in the Oke-Ilewo area of Abeokuta, where most of the financial houses are located, many angry customers stood outside the gates of all the banks, as the security men did not offer them any explanation for the sudden closure of the banks.

A security man at Mainstreet Bank, Oke-Ilewo, simply told one of our correspondents that they were acting on “an alert” that had gone to all banks in the area.

“You can see other banks for yourself. Everybody is closing. All the banks here had got alert that we should close up,” he said.

This would later be confirmed at a Zenith Bank branch close by, where an official, who pleaded anonymity, told one of our correspondents, “I think it is because nobody wants to take any chances. When we got an alert that we should close, at once, we obeyed.

“But we were told it is because nobody knows what may happen after the election results are known and the next President is announced.”

It was noticed that customers were also making panic withdrawals from ATMs in the metropolis.



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