Reduction in govt revenue will increase poverty

The Presdient of the Association of Industrial Security and Safety Operators of Nigeria, Dr Ona Ekhomu, has said dwindling government revenue will result in more poverty and rise in security threats in the country.

Ekhomu said bank chief security officers must anticipate and mitigate the resulting security threats which could impact on banking operations, bank workers, customers and members of the public.

He spoke while delivering a paper at the 12th Annual Security Retreat for CSOs of Banks in Nigeria organised by the Chartered Institute of Bankers of Nigeria.

A statement on Wednesday said Ekhomu, who is the first chartered security professional in West Africa, decried the increase in terrorist attacks, including insurgency, militancy, kidnapping, assassination and criminal explosions.

“Dwindling government revenues, evidenced by the shrinkage in the value of the national budget, will result in more poverty and a concomitant rise in security threats that must be addressed by bank CSOs.

“Armed robbers now use dynamite, hand grenades and even rocket-propelled grenades (RPGS) in their operations. Aside from the use of explosives ordnance, bank robberies are now very high fatality events. The Offa, Kwara State, bank robberies resulted in about one dozen police deaths,” he said.

Ekhomu urged the security officials to counsel their corporate population against indiscriminate road travel due to the threat of kidnapping by suspected herdsmen.

The expert noted that bank security managers must be educated to cope with future security challenges, adding that holding recognised security industry certifications and training in computer security, protection of information assets and cyber security could be helpful.

Post By Admin:Chinyere Onyemachi

Source: The Punch Newspaper

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.