Naira scarcity

Youths in Ore, Odigbo Local Government Area of Ondo State on Friday took to the streets to protest the ban of old N500 and N1000 notes by the Governor of ...

He said, “We the masses are suffering, people are hungry, we are protesting to show our grievances, there will be no movement of vehicles here today. “The Supreme Court had ordered the CBN to extend the deadline of the old notes but the President himself disobeyed the order of the Supreme Court and Nigerians are suffering and dying. The pronouncement of the President appeared to have sparked off anger of the people as there had been protests across many cities on Friday.

Violent protests resurfaced in major cities in the southern part of the country yesterday over the scarcity of the new naira notes arising from the redesign ...

Iwo-Road axis of Ibadan, Oyo State capital, was also engulfed in violent protests on Friday morning as some youths took to the major road to protest the scarcity of naira notes. Governor El-Rufai of Kaduna state in a counter broadcast to the people of Kaduna state directed the residents to ignore the address of the president and continue to spend the old naira notes following the order of the Supreme Court. The protest created tension in the state as some banks closed for the day for fear of being attacked. The National Youth Service Corps members in the areas who were billed for election training on Friday were asked to stay back home and avoid the routes. The protest later spread to Isokoko and some parts of Agege as well as Igando. Hoodlums hijacked the protests to dispossess innocent commuters of their mobile telephones and other valuables and leave scores of persons injured in the resultant stampede.

The Nigeria Police Force has warned against attacks on banks while noting that attackers will be treated as armed robbers, The PUNCH reports.

If you do that, it is presumed that it is actually going there to rob,” Adejobi warned. You can see the clips showing that these guys are there to foment troubles. Adejobi said, “We complain that banks don’t attend to us yet we go to their facilities and set them ablaze, destroy ATMs.

Pandemonium broke out in some parts of Lagos in the early hours on Friday, as some aggrieved persons suspected to be hoodlums stormed major roads in protest of ...

The police Control Room has been alerted and is currently mobilizing its officers to Ojota to maintain order and prevent a breakdown of the law. Though, the presence of the combine Military and the Policemen of the Rapid Response Squad, RRS, at the scene did not deter the protesters as they engaged the securitymen in confrontation. Motorists and residents who were on their way to different places of work hurriedly turned back in panic as the rioters went berserk with bonfire set across the road.

Some residents of Ore in Odigbo Local Government Area of Ondo State on Friday blocked the busy Ore-Benin expressway to register their displeasure over the ...

ASP Funmilayo Odunlami, the Police Public Relations Officer, Ondo State Command, in a telephone interview with NAN said that police personnel from Ore Police Area Command were “on top of the situation to arrest any breakdown of law and order.” Another protester, Mr Bummi Adewole described President Buhari’s nationwide broadcast on Thursday as “the most frustrating one as he refused to heed to the yearnings of the masses in his broadcast.” “I have my money in the bank and I can not get it, even the Point of Sales (PoS) operators no longer have the cash even if you want to buy, this is so frustrating,” he said.

The Association of Senior Staff of Banks, Insurance and Financial Institutions, ASSBIFI, on Friday directed members to stay away from work over persistent ...

This is to continue every day until normalcy is restored. Consequently, all members should today immediately stay away from work in any state where bank branches are attacked. The Association of Senior Staff of Banks, Insurance and Financial Institutions, ASSBIFI, on Friday directed members to stay away from work over persistent attacks on banks and financial institutions nationwide due to naira notes scarcity.

Friday's protests were the latest to hit Nigeria over the cash shortages which are raising tensions before the February 25 ballot to elect the successor to ...

This caused motorists to turn back to the Lagos end of the road. But please, since two of us are going at the same time, this policy has nothing to [do with trying to] fight corruption at all. It has nothing to [do with trying to] fight politicians at all,” he said at the Peoples Democratic Party (PDP) campaign rally in Okrika Local Government Area We all know how to fight corruption; we all know how to fight politicians. It, however, turned violent when hoodlums hijacked the protests and stripped people of their valuables. Some shops in the area were also burgled and cars along the streets were damaged. “The policy aims to suffer the people who elected us to govern over them (sic). But that did not dissuade some angry persons who hit the streets in several parts of Nigeria. Security forces were later deployed to the areas before normalcy was restored. They set bonfires on the road, forcing motorists to turn back. It also spread to the Magboro axis of the highway. Old N500 and N1,000 notes were no longer legal tenders, he said.

The Association of Senior Staff of Banks, Insurance and other Financial Institutions (ASSBIFI) says it will direct its members to stay away from bank ...

“However, we value the lives of our members and colleagues and will not put them at any further risk. “During this trying period, not once was there any condemnation of these acts by bodies or individuals saddled with the responsibility of supervising or protecting the industry and its workers. 2023 when disgruntled citizens, again, went on rampage in Edo, Delta, Ogun, and Oyo states attacking and burning down banks and other institutions.

The protest, which started from Lagos, escalated to Ogun State along the Lagos-Ibadan Expressway. It claimed two lives and injured many.

“I have my money in the bank and I can not get it, even the Point of Sales (PoS) operators no longer have the cash even if you want to buy. In fact there is no solution on the way at all and the problem continues,” Adewole said. They also lamented their inability to access cash from banks’ Automated Teller Machines (ATMs) and were not allowed into the banking halls. The protesters made bonfire on both sides of the expressway, making it impossible for vehicular movement, which has also resulted to heavy gridlock on the axis. However, at Sango Ota, Ogun State, market women joined the protest, while at Mowe, two persons were killed during an exchange of gunfire between soldiers and hoodlums. The protest spread like wile fire as it escalated to Lagos-Ibadan Expressway, Ojota, Ketu, Lekki, Ajah, Agege, Idimu, Egbeda, Iyana Ipaja, and other nearby communities in Ogun State.

The Director, New Media of the All Progressives Congress (APC) Presidential Campaign Council, Femi Fani-Kayode on Saturday describe the Kaduna State ...

Fani-Kayode expressed his opinion using the various pictures of the Kaduna State Governor. The Director, New Media of the All Progressives Congress (APC) Presidential Campaign Council, Femi Fani-Kayode on Saturday describe the Kaduna State Governor, Nasir El-Rufai as ‘hero of the moment’. The former Minister in a series of tweets via his verified handle @realFFK on Saturday morning said the Governor El-Rufai spoke truth to power.

A chieftain of the All Progressives Congress, APC, Femi Fani-Kayode has lauded the Kaduna State Governor, Nasir El-Rufai over his stance on the Central.

He wrote, “The hero of the moment is @elrufai. But some governors elected under the platform of the All Progressives Congress, APC, dragged the Federal Government to the Supreme Court in a move to stop the execution of the stipulated deadline. DAILY POST recalls that following the redesigning of the Naira notes, the Central Bank of Nigeria, CBN had fixed February 10 as the deadline for the notes to remain in circulation.

Governor Dapo Abiodun on Friday asked residents of the state to continue spending the old Naira notes, noting that it is only the Supreme Court of Nigeria.

My colleagues and I are working very hard to address the problem and ensure that our people do not suffer from unnecessary hardship”, he submitted. Click Here To See My Breakthrough!](https://bit.ly/3eeJ1de) [OUTRAGEOUSLY BIZARRE!!! “As good and laudable as the policy is, we are shocked at its implementation. So, I appeal to you not to be violent, but go ahead and spend the old naira notes. Meanwhile, the governor has appealed to the people of the State not to resort to violence over the scarcity of the new naira notes, disclosing that governors in the country are doing their best to lessen the suffering of the people. Governor Dapo Abiodun on Friday asked residents of the state to continue spending the old Naira notes, noting that it is only the Supreme Court of Nigeria that has the final say in the matter.

The Nigeria Police Force has warned that anyone caught attacking banks over the current Naira scarcity will be treated as armed robbers.

If you do that, it is presumed that it is actually going there to rob,” Adejobi warned. You can see the clips showing that these guys are there to foment troubles. Adejobi said, “We complain that banks don’t attend to us yet we go to their facilities and set them ablaze, destroy ATMs.

The Nigeria Police Force has warned that people caught attacking banks in protest against cash scarcity will be treated as armed robbers.

“I think we need to educate ourselves on what the law says about this. “We complain banks don’t attend to us yet we go to their facilities and set them ablaze, destroy ATMs. The Force Spokesman Olumuyiwa Adejobi said this in a video posted on the NPF’s Facebook page on Friday.

Lagos State Governor, Babajide Sanwo-Olu, has appealed to Lagosians to remain calm amidst the fuel and naira scarcity crises resulting in chaos in the ...

“This is a heartfelt call to you, as your Governor, to please remain calm at this time, and avoid all forms of violence, arson and rioting. “There is no justification whatsoever for attacking public or private property. Speaking, the governor noted that it was necessary to address residents in the state in view of the ongoing situation in the country, regarding the change of currency notes and the fuel scarcity and its attendant hardship.

LAGOS State governor Babajide Sanwo-Olu has urged residents to remain calm amid the fuel and naira notes scarcity, among other challenges they have been ...

[were](https://www.icirnigeria.org/protesters-block-roads-attack-commuters-in-lagos-over-naira-scarcity/?amp=1) also protests along the Ketu/Mile 12 area of the state due to the rejection of old notes and unavailability of the new naira. Do not allow them to use you to achieve their evil intentions,” he said. Protests had erupted along the Lagos-Ibadan expressway on Friday due to the scarcity of the new naira notes residents have been experiencing.

Femi Fani-Kayode, a chieftain of the All Progressives Congress (APC), has commended the Kaduna State Governor,

He wrote, “The hero of the moment is @elrufai. In response to this, President Muhammadu Buhari directed the CBN to release the old N200 note, while the old N500 and N1,000 notes would remain invalid. The CBN had set a deadline of February 10 for the redesign of Naira notes to be in circulation, but some APC governors challenged this in court.