Categories: Nigeria News

Real reason Borno govt shut down Polaris, Ecobank, Access Bank (VIDEO)

Fresh facts have emerged on the real reason the Borno State Government shut down top banks, Polaris, Ecobank, Access Bank in the state.

IDOMA VOICE recalls that the financial institutions were sealed during the week by the Borno Geographic Information Service – BOGIS led by the Executive Secretary BOGIS Engr. Adam B. Bababe alongside other staff of the agency.

The development followed expiration of the deadline on the notices, press release, and announcement issued by BOGIS mandating all property owners particularly where CBOs & NGOs are either using as offices, residences or warehouses on the need to update and perfect their documents to enable the agency update its registry for efficient digitalization.

It was gathered that the affected banks failed to regularize their documents and have further breached terms of land allocation.

While on the exercise the Executive Secretary BOGIS said “The agency has no vendetta with any NGOs or CBOs, in fact we appreciate the service to humanity in which does organization operate. What we are after is the documentation of the said properties.”

Treasure Orokpo

A multi-talented individual with a passion for diverse fields, Treasure Orokpo is a trained journalist, skilled cook, and AI enthusiast. When she's not uncovering the latest stories, you can find her whipping up culinary creations in the kitchen and entertainment.

Recent Posts

BREAKING: APC Crisis: Court of Appeal dismisses Moses Agaba’s appeal against Austin Agada

The Court of Appeal in Makurdi, Benue State, on Thursday dismissed an appeal filed by…

7 hours ago

BBNaija’s Phyna publicly rejects family, drops surname

Big Brother Naija Season 7 winner, Josephine Ijeoma Otabor, also known as Phyna, has publicly…

8 hours ago

Yemi Alade slams Cool FM, Clout Africa over blacklisting, refusal to forgive

Nigerian singer Yemi Alade has criticized prominent media outlets Cool FM and Clout Africa, accusing…

8 hours ago

BREAKING: Relief as Lakurawa terrorists flee Nigeria after military intervention

Senator Adamu Aliero, representing Kebbi Central, has announced that the Nigerian military successfully expelled the…

8 hours ago

BREAKING: Supreme Court nullifies National Lottery Act, grants states exclusive control

The Supreme Court has struck down the National Lottery Act of 2005, ruling that the…

9 hours ago

Latest update on fuel price hike, fuel scarcity for November 22nd, 2024

As Nigerians express their frustrations over the recent fuel price hikes by the Nigerian National…

14 hours ago