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Protests Across Nigeria Over New Naira Notes

Protest rocked the cities of Warri in Delta State and Ibadan, in Oyo State, today, February 3, over the shortage of cash in banks and ATMs.

Some commercial banks were forced to close abruptly on Friday when scores of market women barricaded the Warri-Sapele Road and NPA Expressway to protest naira crisis bedeviling the nation.

The protesters besieged the entrance of the United Bank for Africa and Union Bank located near Main Market, Warri.

The traders, who bore placards and leaves, lamented the inability to sell their goods in the past few days, owing to the cashless policy of the Central Bank of Nigeria(CBN) and scarcity of the redesigned naira notes.

They burnt tyres along the ever-busy roads to register their frustration, causing heavy gridlock.

Rejecting the cashless policy of the apex bank, they demanded the banks should release their monies to enable them carryout their legitimate businesses.

In Ibadan, the shortage of naira notes has forced some residents of the Oyo State capital to take to the streets, asking the authorities to urgently address the situation.

The roads leading to the Iwo area of Ibadan were deserted as the protesters barricaded them. They were also burnfires on the road and reports suggest that a commercial bank was attacked in the process.

“People are fed up and need relief,” one of the protesters, Tayo Adetunji, said.

“The government in power should give us relief,” he added.



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