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AfricaBusiness & Finance

14days lockdown: ATMs, Online Banking functional

By Oluwaseun Sonde

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The Honourable Minister of Finance, Budget and National Planning, Zainab S. Ahmed has said that to ensure that Nigerians can still perform online transactions and use ATMs whilst observing these restrictions, that the Ministry have obtained exemptions from the President to allow very skeletal operations in the Financial System and Money Markets in order to keep the system in light operations during the 14 days lockdown.

In a statement signed by the Honourable Minister of Finance, Budget and National and the Governor, Central Bank of Nigeria, Godwin I. Emefiele on Monday on the restrictions in personal and vehicular movement directed by President Muhammadu Buhari in his speech of Sunday 29 March 2020 to stop the spread of coronavirus.

“We will like to inform the general public and all affected stakeholders that we have obtained exemptions from the President to allow very skeletal operations in the Financial System and Money Markets in order to keep the system in light operations during this time. She said all relevant staff of affected outfits and agencies should look out for further instructions from their immediate bosses.

“We are mindful of the difficulties these restrictions would bring on ordinary Nigerians and are grateful to the President for approving these exemptions, which should help ease some of these burdens.

While urged all Nigerians to be patient, cooperative and united as all hands are on deck to defeat this virus. “These restrictions are critical to significantly reduce the transmission rate of the disease and make it much easier for health professional to trace, test and isolate patients.


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