The Afenifere Renewal Group (ARG), a Pan Yoruba socio-political organisation, yesterday, urged the federal government to mandate the Central Bank of Nigeria (CBN) to reverse the recent suspension of Heritage Bank's licence.
Afenifere, Ondo State chapter which described the transition of Owena Bank to Heritage Bank, as one of the economic legacies of the first Civilian Governor of Ondo state, Pa Adekunle Ajasin, also charged the State government to put in place machineries for re-acquisition of the bank.
The group took the decision at its periodic meeting held in Akure which was presided over by the State Chairman, Chief Korede Duyile and attended by chieftains of the organisation who are from Ondo State including Basorun Sehinde Arogbofa and Chief Femi Aluko.
Reading the meeting's communique to newsmen, the State Publicity Secretary of the group, Mr. Eric Oluwole, said the group wants Ondo State government to liase with the federal government to revive all the economic legacies floated by the Adekunle Ajasin administration.
"The legacies include the licence of the Heritage Bank and we advise Ondo State Government to reverse it to its original founding fathers that is the Ondo State Government. Other industries include ceramic industry, Okitipupa Oil company, and others," it stated.
