Business and Economy
Easing Lockdown: How Greedy GTB Workers Demand Money From Customers To Gain Entrance Into Banking Hall![Exclusive Video]
Once beaten, twice shy. This very common but important words may have defined the reasons why a handful of Nigerians most especially customers of financial institutions trooped out in their large numbers to storm the banks in order to rectify their accounts in one way or the other. adsbygoogle || []).push({});
According to a privileged information made available to us, this move was necessarily taken by the people to guide against yet another sudden pronouncement of a nationwide stay at home order by the presidency which hit them unprepared.
The last two months have, therefore being those of a painful experience of brutal hunger, gnashing of teeth and visible regret of no preemption. It was indeed almost 60 days of abject poverty or what could simply be defined as an impromptu financial colonization. Save for the humanitarian and philanthropic gestures of some kind-hearted compatriots who benevolently gave out relief packages like food items and cash, Nigeria could have recorded an amazing death rate not basically from the rampaging corona virus but from what the people termed as death virus.
Yes, many lives would have been lost if not for some of these God-sent individuals who voluntarily ignored donating their cash to the federal government but made them available to vulnerable Nigerians. However, one of the banks that has greatly benefitted from the Nigerian populace since its establishment more than two decades ago suddenly and in a show of errant wickedness turned its back on its benefactors and bit the fingers that fed it. The bank is none other than Guarantee Trust Bank popularly called GTB. This bank founded by retired banker, Fola Adeola and late financial guru, Tayo Aderinokun added salt to the injuries already sustained by Nigerians during the Covid ’19 lockdown.
It was a sour tale left to be told by customers of the Herbert Macaulay, Alagomeji Yaba, Lagos branch of the bank who trooped to the premises on Tuesday, the 5th of May, 2020 expecting the bank to give them a friendly treatment but were left aghast and flabbergasted as staff of the bank including the security officers connived to add more to their customers’ painful tales. It was confirmed by our reporters that the customers were forced by the security guards at the said Alagomeji branch to part with a sum of N1000 before they could be ushered in for attention. This, we gathered was with the knowledge of the workers in the banking hall including the branch manager.
We also scooped that customers were coerced to stand or sat in the scorching sun with the deliberate snail movement level at which the bankers attended to customers which paved way for the accumulation of more people in the bank’s premises. In a thorough investigation conducted by our reporters, we gathered that the bankers at the Alagomeji branch of GTB have suddenly turned themselves to semi gods by displaying unnecessary wickedness to their own customers many of whom want to get some money available to combat the hunger effect of another possible lockdown as may be announced by President Muhammadu Buhari towards the weekend. The entire situation was so disgusting to an extent that the security personnel at the bank ignorantly asked our reporter, a journalist to part with 1000 to be able to cover the ugly scenario as summoned by the angry customers of GTB, Herbert Macaulay, Alagomeji Yaba branch.
The video covered as regards this event is available on HCS TV, youtube channel. Definitely, it is obvious that all those working in the Herbert Macaulay, Alagomeji, Yaba branch of GTB are criminals and undeserving elements handling the finances of innocent and hard working Nigerians. This is therefore a clarion call to the Central Bank of Nigeria and other stakeholders to look critically into this financial mess perpetrated by GTB staffers before it gets out of hand.
This is the link to the video by HCS TV:
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Kogi GOBO Initiative Empowers Petty Traders in Kabba Central Market, Reinforces Support for Governor Ododo
By Abah Benjamin Eneojoh
The Kogi Forum of Senior Special Assistants (KFSSA) and leaders of the Governor Ododo Business Outreach (GOBO) today 22-11-2024 visited Kabba Central Market to empower local traders and engage community leaders.
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Led by Hon. Yahaya Shehu Ahmed, Chairman and Director General of GOBO, the delegation began their activities with a courtesy visit to the palace of His Royal Majesty, Oba Solomon Dele Owoniyi. The traditional ruler commended the initiative and the foresight of Governor Ahmed Usman Ododo in appointing competent individuals dedicated to improving the lives of citizens.
The team then visited the official residence of the Executive Chairman of Kabba-Bunu Local Government Area, Hon. (Barr.) Zacchaeus Dare Michael. He expressed his appreciation for the efforts of KFSSA and GOBO, noting that the outreach was a commendable step toward bridging the gap between government appointees and the grassroots.
At Kabba Central Market, the GOBO team provided direct financial support to 20 petty traders, including sellers of berneseed, tomatoes, and roasted plantains. Each beneficiary received 50,000 naira to expand their businesses. The gesture aimed to improve the economic situation of the traders and inspire confidence in the government’s dedication to addressing the needs of ordinary citizens.
The initiative also included plans to monitor the progress of the beneficiaries, ensuring that the financial assistance achieves its intended purpose. Hon. Femi Esemikose and Hon. Augustine Egbebi were tasked with following up on the traders’ activities.
The success of the Kabba-Bunu outreach is expected to serve as a model for similar initiatives in other parts of Kogi West Senatorial District and the state. As the GOBO program continues to expand, more communities will benefit from its efforts to empower individuals and enhance economic development.
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Naira appreciates N28.85 against dollar at official market
The Naira on Thursday, November 21st, 2024 appreciated at the official market trading at N1,658.67 against the dollar.
Data from the official trading platform of the FMDQ Exchange, revealed that the Naira gained N28.
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This represents a 1.7 per cent gain, compared to the previous trading date on Wednesday when it exchanged at N1,687.52 to a dollar.
However, the total daily turnover reduced to 163.66 million dollars on Thursday, down from to 173.29 million dollars recorded on Wednesday.
At the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,707.50 and N1,631.00 against the dollar.
Source: NAN
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Governor Ododo Endorses GOBO Initiative, Empowering Small-Scale Entrepreneurs and Vulnerable Populations
By Abah Benjamin Eneojoh
The Executive Governor of Kogi State, His Excellency Alh Ahmed Usman Ododo has thrown his weight behind the Governor Ododo Business Outreach (GOBO) initiative, a program aimed at uplifting marginalized groups and providing economic opportunities at the community level.
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During a strategic meeting with the Kogi State Forum of Senior Special Assistants in his office on 06-11-2024, the Governor expressed his support for GOBO, which aligns with his vision of inclusive governance.
Launched on October 31, 2024, GOBO has already shown positive impact, with increased visibility and support among petty traders and small businesses. The initiative provides sustainable business avenues for those previously lacking access to financial resources and market opportunities.
Hon. Yahaya Shehu Ahmed, Chairman of the Kogi State Forum of Senior Special Assistants, thanked the Governor for his encouragement and support.
The Governor commended the forum’s dedication to GOBO and its commitment to improving citizens’ quality of life, assuring continued support and encouraging ways to deepen GOBO’s impact across the state.
The forum also presented an award of excellence to former Governor Alhaji Yahaya Adoza Bello, recognizing his contributions to the state’s growth and effective governance , particularly the choice of Gov Ododo and his Deputy.
This development is consistent with research highlighting the importance of government support for entrepreneurship development in Kogi State.
Shehu noted that Small and medium-scale enterprises have significantly contributed to the state’s economic growth, stressing that the GOBO initiative demonstrates the power of grassroots-driven solutions and inclusive growth, marking a step towards sustainable development in Kogi State.
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