Fuel Scarcity: Banks to render skeleton service over fuel scarcity

*As GTbank announces early closure

A Pro-Democratic Activist, Richard Akinnola has disclosed that some top banks in Nigeria will render skeleton services before the end of this week.

The activist made the disclosure on Sunday while expressing his concern over the fuel crisis.

He said “Contacts with some top bankers moments ago indicate that some banks would resort to skeletal services before the end of this week, in view of the prevailing fuel challenges."

According to him the bankers claim the situation may lead to temporary cash crunch as it would affect ATM machines.

Meanwhile, the Guaranty Trust Bank has announces early closure of bank as from Monday (today).

The bank in a statement said that the current shortage of petroleum products in the country has limited our ability to supply diesel to all our branches, in order to continue normal branch operations.

“We unavoidably have to close our branches nationwide at 1pm, from today (Monday), 25th May 2015.Whilst we have had to take this step to close branch operations early, we would like to seek your understanding at this time, and assure you that we will continue to work hard at finding alternative solutions to this situation and will advise you once the situation has abated”.

However, all our alternative channels will be fully functional and available for all your Personal and Business Banking: e-BranchesAutomated Teller Machines (ATMs) Internet Banking.