The Exit of Union Bank: Are Banks Afraid to Invest in Ibusa? - Ibusa People Exchange Views Story by Emeka Esogbue (Pen Master) On Tuesday, a debate germane to the economic development of the Ibusa community was provoked on whether banks are afraid to invest in the community or not. Posting a submission in Ibusa Arise, a WhatsApp group, with a heavy Ibusa presence, Austin Ngwolo had queried: "Let's Discuss: Why are banks afraid to invest in Igbuzo? Is the town economically unviable?" "Is it not a shame that the only bank in Igbuzo now closes by 1.00 pm?" The submission received the attention of some members of the forum, many of who might have been feeling troubled by the situation but had evidently found the debate a useful opportunity to give their responses. One of the commentators was Ngozi Akinmbo who described the situation as a shameful problem for the people of the community. According to him, the reason Union Bank relocated from the community is still ...
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