Friday, 2 November 2012

U-Report: Former Bank Executive Embarks On Indefinite Hunger Strike

Mr. Olubiyi Odunaro

Report By: Rufus Kayode Oteniya

In an uncommon twist to protesting in Nigeria, a businessman and former executive of the defunct Hallmark Bank Plc, Olubiyi Odunaro has embarked on an indefinite hunger strike over the insensitivity of the Federal Government to the plights of the victims of the banking reform.

Olubiyi who is also a member of the Association of Ex-staff of Non-consolidated Banks Nigeria (AESNBN) is protesting to press the government to redeem its obligations to the 14,000 Nigerians that were thrown out of job from 12 non consolidated banks in 2005 as a result of its policy of bank reforms without payment of terminal benefits despite gazetting it in paragraph 9 of the Guidelines to Consolidation by the CBN.

After many years of making unsusccessful plea to the governments of Olusegun Obasanjo, late Umaru Yar'Adua and Goodluck Jonathan, Olubiyi has taken it upon himself to make a statement against the political class’ insensitivity to the suffering of Nigerians by depriving himself of food
from the first hour of Thursday 01 November, 2012.

In a communication with Transparency For Nigeria, Mr. Odunaro, a former lecturer at Ogun State University who is presently the Executive Chairman of Onyx Integrated Plastic Concept Nigeria Limited – a PVC pipes manufacturing company said “This is really not about myself. It is a sacrifice for the 14,000 Nigerians involved. Many of them have died and the conditions of so many are very deplorable while the government turned deaf ears to their pleas for over 6 years. The total sum of the 14,000 Nigerians is an infinitesimal fraction of the huge sums being looted on daily basis in this country by selected few.”

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