The scarcity of the new naira notes in Nigeria has sparked a wave of protests across the country, with the demonstration on Iwo Road in Ibadan being one of the most prominent. The demonstration has caused significant disruptions in the area, with roads being blocked and traffic coming to a standstill.
The protesters are demanding immediate action from the government to address the shortage of the new naira notes, which has caused inconvenience and frustration for many citizens.
Some angry youths vandalised a bank building in Ibadan on Friday. In a viral video, the youths are seen throwing stones, woods at the building of the bank.
A tweep wrote,” This is wema bank in Ibadan and it’s currently being vandal!zed by angry citizens who can’t get their own money from the bank… it seems the government derives pleasure from the pa!n and suffer!ng of the citizens.”
The scarcity has resulted in long lines at banks and ATMs, making it difficult for people to access their hard-earned money. Businesses are also struggling, as they are unable to carry out transactions with limited cash on hand. The situation is having a negative impact on the economy and is causing widespread concern among the public.
The government is under increasing pressure to find a solution to this issue, and the protesters on Iwo Road are making their voices heard. The demonstration is a testament to the frustration felt by the people over the ongoing scarcity of the new naira notes. The government must act swiftly to resolve this crisis and restore confidence in the country’s currency.