News
BREAKING: Old And New Naira Scarcity Protest Spreads To Delta
The protest, which broke out a few hours after angry demonstration in Ibadan, Oyo State capital, forced some banks to suspend activities.
Scores of market women barricaded the Warri-Sapele Road and NPA Expressway, ground activities in the areas.
The protesters also laid siege to the United Bank for Africa and Union Bank located near Main Market, Warri.
Traders who bore placards and leaves lamented the inability to sell their goods in the past few days.
As part of the protest, they burnt tyres along the ever busy roads.
Rejecting the cashless policy of the Central Bank of Nigeria, they demanded that commercial banks release money to enable them carry out their legitimate businesses.
Echoes of “our fish dey spoil o”, our foods dey rotten” were heard as the women protested from the Main Market axis of Warri Sapele Road to Delta Broadcasting Station located at the Edjeba axis of NPA Expressway in Warri South Local Government Area.
Security operatives tried to pacify the aggrieved traders but they insisted on collecting their money from banks.
One of the traders lamented that she stayed in shop all through Thursday without making a dime.
“Our children are hungry, we cannot sell, we cannot do transfer, we cannot withdraw our money. I stayed in shop throughout yesterday and sold nothing. People who want to buy things tried to transfer money but could not,” she said.
In October last year, governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, 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.
Although the deadline has been shifted to February 10, many Nigerians have found it difficult to obtain the new naira notes.
Daily Trust reports that Point of Sales (POS) operators have also unofficially put their charge rate of N5,000 between N500 and N1,000.
Source:Daily Trust.
- News15 hours ago
Appeal Court Overturns Judgment On Rivers LG Elections
- News8 hours ago
Why Seyi Tinubu Can’t Be Lagos Governor- Igbokwe
- Top Stories14 hours ago
“I did not punch Akpabio” – Senator Bamidele speaks on alleged fight with Senate President
- Top Stories15 hours ago
2027: “No vacancy for non-indigenes in Alausa” – Lagos youths tell Seyi Tinubu
- Top Stories10 hours ago
Simon Ekpa Not Our Member, Should Not Be Associated With Us- IPOB
- Politics15 hours ago
‘Don’t Waste Your Time Again In 2027’: Bode George Begs Atiku (Video)
- News14 hours ago
My husband assaulted me, ruined my career – Olajumoke Onibread
- Top Stories15 hours ago
National Assembly Passes Bill For Life Imprisonment For Drug Traffickers