• About Us |
  • Contact Us |
  • Privacy Policy |
Idoma Voice Newspaper
  • Home
  • Nigeria News
    • Nigerian Agric News
  • Idoma News
    • Igede News
    • Idoma Music
    • Idoma Wedding
  • Benue News
    • Benue 2023
    • Benue Politics
  • Jobs
    • Jooble
  • FUHSO NEWS
  • IDOMA TV
  • NPower News
No Result
View All Result
  • Home
  • Nigeria News
    • Nigerian Agric News
  • Idoma News
    • Igede News
    • Idoma Music
    • Idoma Wedding
  • Benue News
    • Benue 2023
    • Benue Politics
  • Jobs
    • Jooble
  • FUHSO NEWS
  • IDOMA TV
  • NPower News
No Result
View All Result
Idoma Voice Newspaper
No Result
View All Result
Home Nigeria News

Naira Scarcity: Banks, schools shut down as angry youths protest in Abeokuta

by Treasure Orokpo
February 7, 2023
in Nigeria News
Naira Scarcity: Banks, schools shut down as angry youths protest in Abeokuta

Abeokuta, Ogun State capital, has been thrown into chaos as angry youths blocked some roads, set bonfire and destroyed political billboards in protest against new notes scarcity.

Our correspondent reports that the protest followed the growing hardship created by the naira and fuel crisis in the country.

Related articles

PDP South-West Congress: Fayose escapes attack as over 150 armed thugs invade hotel

BREAKING: PDP suspends Fayose, Anyim, two others

Wizkid performs at Tony Elumelu’s 60th birthday party (Video)

Wizkid performs at Tony Elumelu’s 60th birthday party (Video)

The protest which is taking place at Asero-Moore Junction-Abiola way, Sapon and Ibara, paralyzed commercial activities in the areas, forcing some banks in Oke -Ilewo axis to “release their workers to avert impending attacks from angry customers.”

Some security operatives were caught up in the demonstration in front of the GTbank branch at Asero.

“I am presently at Sapon. They blocked roads and set burn-fire. We had to hide somewhere because some of them are shooting guns. We can identify those shooting guns, but I suspect it be exchange of guns between the police and those cult boys,” a witness told Daily Trust.

Our correspondent reports some of the protesters from Ibara under bridge were advancing towards Oke-Ilewo where majority of commercials banks are located, before security operatives intervened and dispersed them.

Commercial banks and schools in the metropolis have closed due to the confusion created by the protest.

On Monday, Governor Dapo Abiodun stormed the state’s branch of Central Bank of Nigeria (CBN) in Abeokuta and engaged the officials over growing hardship created by the new notes scarcity.

Abiodun flanked by the Speaker of House of Assembly, Olakunle Oluomo and other government officials stated paid an unscheduled visit to the Abeokuta branch of CBN.

The governor also met with Bankers Forum, made up of managers of commercial banks in the state.

Abiodun directed the state branch of Central Bank of Nigeria (CBN) and management of commercial banks operating in the state to make cash available to residents of the state.

This, the governor said who relieve residents of the hardships they face at banks waiting to withdraw money.

Abiodun also offered to lead members of his cabinet to monitor cash distribution to banks to ensure that no commercial bank or their agents hoard the new naira notes in the state.

According to the governor, it is disappointing to see long queues of residents at Automated Teller Machines (ATMs), waiting to cash money from the system with so much stress and some not getting enough to meet their immediate needs.

He added that it is humiliating that those who were attended to were paid not more than two thousand naira per transaction.

Abiodun, however, urged the CBN to ensure the availability of new notes at commercial banks for people to withdraw their money.

The governor explained that he was compelled to visit the state branch of the CBN as the “landlord to find out how we can collaborate to ensure that success of the CBN policy on the new notes and currency swap”.

“I’ve met with the President and CBN governor. It is within the right of the CBN by law and as enshrined in the Constitution.

“Our people went out in their numbers but our people who deposited money and felt they would have as much money as they had deposited or need for their daily needs and welfare and wellbeing.

“We’ve had to suspend our campaigns. I met with people over the weekend who said to me that they have not eaten for days, especially, those from the informal sector.

“As a governor, whose primary function is the welfare and security of our people, I need to find out how we can interact with you to see how we can improve on the current level of distribution of the currency in order to diffuse tension”, Abiodun submitted.

Like this:

Like Loading...
Previous Post

Tax Harmonisation: FIRS Signs MoU with LIRS for Joint Tax Operations and Audit

Next Post

Black market dollar to naira exchange rate today 8 February 2023

Related Posts

PDP South-West Congress: Fayose escapes attack as over 150 armed thugs invade hotel
Top Headline

BREAKING: PDP suspends Fayose, Anyim, two others

Wizkid performs at Tony Elumelu’s 60th birthday party (Video)
NPower News

Wizkid performs at Tony Elumelu’s 60th birthday party (Video)

10 things you need to know about the Amended Electoral Law 2022
Nigeria News

Buhari signs copyright, medical school bills

Covid-19 test no longer required for fully vaccinated travellers coming into the country – FG
Nigeria News

SGF, Boss Mustapha suspended indefinitely for losing his polling unit to PDP

More News

BREAKING: Many feared killed as herdsmen attack Oshigbudu in Agatu

BREAKING: Many feared killed as herdsmen attack Oshigbudu in Agatu

Those mocking me will die recklessly – Prophet Odumeje

FACT CHECK: Did Prophet Odumeje said he will die soon?

PDP South-West Congress: Fayose escapes attack as over 150 armed thugs invade hotel

BREAKING: PDP suspends Fayose, Anyim, two others

2023 mock-UTME: Notification slips ready for printing – JAMB

2023 mock-UTME: Notification slips ready for printing – JAMB

Wizkid performs at Tony Elumelu’s 60th birthday party (Video)

Wizkid performs at Tony Elumelu’s 60th birthday party (Video)

Tragedy in Owukpa as 18-year-old boy allegedly rapes, kills married woman in Itabono

Tragedy in Owukpa as 18-year-old boy allegedly rapes, kills married woman in Itabono

EPL: Why I snubbed Arsenal transfer – Zubimendi

EPL: Why I snubbed Arsenal transfer – Zubimendi

Reps clash over fresh bill to legalise marijuana

Reps clash over fresh bill to legalise marijuana

Referee suspended for using fan’s phone to disallow goal

Referee suspended for using fan’s phone to disallow goal

EPL: What Arteta told Arsenal players ahead of international break revealed

EPL: What Arteta told Arsenal players ahead of international break revealed

Idoma Voice has earned a place in society as a trusted and reliable online news platform in Benue State and the premier online community tabloid in North Central. And the accolades go on.

Latest Reports

BREAKING: Many feared killed as herdsmen attack Oshigbudu in Agatu

FACT CHECK: Did Prophet Odumeje said he will die soon?

BREAKING: PDP suspends Fayose, Anyim, two others

2023 mock-UTME: Notification slips ready for printing – JAMB

Wizkid performs at Tony Elumelu’s 60th birthday party (Video)

Tragedy in Owukpa as 18-year-old boy allegedly rapes, kills married woman in Itabono

Categories

  • BBTitans
  • Benue news
  • Biafra news
  • Education
  • Entertainment
  • FUHSO NEWS
  • idoma music
  • idoma news
  • IDOMA TV
  • Idoma wedding
  • Igede News
  • Job oppotunity
  • Job Vacancies
  • Latest News
  • Metro
  • Nigeria News
  • Nigerian Agric News
  • NPower News
  • Otukpo News
  • Politics
  • Religion
  • Sport
  • Top Headline
  • wike
  • World News
  • Home
  • About Us
  • Contact Us
  • Privacy Policy

© Idoma Voice Publications

No Result
View All Result
  • Home
  • Nigeria News
    • Nigerian Agric News
  • Idoma News
    • Igede News
    • Idoma Music
    • Idoma Wedding
  • Benue News
    • Benue 2023
    • Benue Politics
  • Jobs
    • Jooble
  • FUHSO NEWS
  • IDOMA TV
  • NPower News

© Idoma Voice Publications

CHAT WITH US

JOIN OUR GROUP
%d bloggers like this: