Ibadan residents protest fuel, naira scarcity (photos)

Ibadan residents protest naira redesign

Residents of Ibadan, the capital of Oyo state have put up roadblocks and set up bonfires to air their displeasure over the lingering fuel and currency scarcity in the country.

Kemi Filani News gathered that the protesters started a bonfire near the Oyo state government house before they were dispersed by police officers.

It has since been observed that the activities of the protesters resulted in traffic congestion in the capital city.

Tyres were burnt in strategic locations, from Beere’s bus stop to Adekile, Labiran, and major junctions.

“The protest started at the Agodi gate, at the intersection that leads to the state secretariat and the government. The protesters started a fire near the secretariat and around the spare parts market but they were quickly dispersed by security personnel (Operation Burst) from the secretariat,”

“But the protesters didn’t leave the market. They continued bonfires and this situation has now caused vehicular obstruction around those areas, even leading to Iwo road, the protest is hot. The people are tired of the long queues at banks and at petrol stations. They have stormed to protest this.” a witness told the press.

Kemi FIlani recalls that in October 2022, Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), announced the plan to redesign the N200, N500, and N1,000 notes, and asked Nigerians to deposit their old notes before January 31, 2023, when they would cease to be legal tender.

Though the deadline has been shifted to February 10, many Nigerians have found it difficult to obtain the new naira notes.

Meanwhile, amid the currency crisis, there has been a steady increase in the price of premium motor spirit (PMS) which has caused long queues at filling stations across the nation.

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