Metro

Again, protest in Ogun over scarcity of naira notes

Angry residents, mostly youths on Monday morning protested over scarcity of naira in some parts of Sagamu area of Ogun State.

NIGERIAN TRIBUNE learnt that the Secretariat of the Sagamu Local Government was vandalised by the protesters.

Schools and other public places, shops and offices were hurriedly shut over the development for fear of being attacked.

It was also gathered that banks in the town were under lock and key, while bonfires were made at the Sagamu junction on the Sagamu -Benin Expressway thereby causing gridlock.

Markets places in the town were equally deserted by traders and buyers, while an old generation bank, Union Bank and Keystone Bank were set on fire, while Access and Zenith Banks were destroyed.

Meanwhile, the Akarigbo and Paramount Ruler of Remoland, Oba Babatunde Ajayi, has appealed to residents to remain calm and embrace peace as all stakeholders continue to engage the federal government over the naira scarcity.

One of the offices vandalised by angry residents in Sagamu Local Government

The monarch in a statement obtained by the Nigerian Tribune reads partly, “I appeal to all to remain calm and peaceful as we continue to engage the federal.

“This policy is not from the state or local government. Therefore, the destruction of lives and properties will only compound an already bad situation.

“I urge our people to continue to accept the old notes in line with the Supreme Court ruling. No person who accepts the old notes would lose out. I can assure you of that, and please hold on to that promise.”

“Further, I am also mandating all our market people to continue to accept the old notes. I hereby undertake that no one will lose out for possessing the old notes.”

Report had it that normalcy had since return to the town at the time of filing this report.

Olayinka Olukoya

Recent Posts

I’m NANS national president, there is no rival – Oladoja

The newly inaugurated National President of the National Association of Nigerian Students (NANS), Olushola Oladoja,…

5 minutes ago

Nobody will hold Nigeria down once we get our leadership, structure right — Makinde

OYO State governor, Mr Seyi Makinde, has submitted that for the country to advance in…

13 minutes ago

Oborevwori now party leader in Delta — APC

Oborevwori formally joined the APC on Monday, April 28, 2025. His defection was endorsed by…

14 minutes ago

MBF, MACBAN disagree over visit to US ambassador

The recent visit by some officials of the Miyetti Allah Cattle Breeders Association of Nigeria…

18 minutes ago

Court affirms ARCON’s power to regulate advertising on social media, others

The judgement also stated unequivocally that ARCON’s regulatory mandate extends beyond registered advertising agencies and…

25 minutes ago

Fire guts Giwa barracks armoury, sparks Boko Haram fears in Maiduguri

"It was terrifying," said Yahata Saleh, a resident of nearby Fori. "We thought it was…

47 minutes ago

Welcome

Install

This website uses cookies.