Protests Rock Ibadan over Bank Customers’ Inability to Withdraw New Naira Notes

-
The scarcity of new naira notes, which has been a subject of discussion across major towns and cities in Nigeria, took another dimension on Friday when customers took to major streets in Ibadan, the Oyo State capital, to protest.
Newsmen gathered that bank customers in Ibadan have been finding it difficult to withdraw money.
Recalls that the Central Bank of Nigeria, CBN, had a few weeks ago introduced the newly redesigned N200, N500 and N1000 denominations across the country.
The apex bank had also directed commercial banks to fill their Automated Teller Machines, ATMs, with the newly redesigned naira notes.
The CBN also gave 31st January, 2023 as the deadline for the exchange of the old bank notes before extending till 10th February.
It has also directed commercial banks to pay customers the new naira notes over the counter.
It was however learnt that majority of the bank customers who went to withdraw money on Friday at various banks in Ibadan could not do so.
This sparked protests in some parts of Ibadan.
Some of the areas where the customers are currently protesting are Agodi Gate, Idi Ape and Iwo Road.
The protesters burnt several tyres so to register their displeasure.
A resident of Gate who spoke with the Newsmen said that the protesters were protesting their inability to withdraw money from the banks.
A resident of Iwo Road also confirmed that the protest is ongoing.


Daily Post/Ayobami Busari
Published by

Comments

Post a Comment

Popular posts from this blog

I’ll Cut Down Unemployment Drastically in My First Four Years – Tinubu

-
Image
Presidential candidate of the ruling All Progressives Congress, APC, Senator Bola Ahmed Tinubu has said that if he wins next month’s election, he will prune the high unemployment rate in Nigeria in his first four years as president. He addressed party faithful and members on Tuesday at the U.J Esuene Sports Stadium Calabar during a presidential campaign. “I will check youth unemployment in this country. I will reduce it by more than half if voted into power next month,” he said. Tinubu promised to make Nigeria prosperous and everything humanly possible to turn around the nation’s fortunes. “Our economy is unhelpfully designed to export raw materials and import increasingly expensive finished products. "Crude oil still provides most of our foreign exchange. As agriculture remains our traditional backbone, we will continue to consolidate it. “However, we must acknowledge the growing importance of our urban population,” he added. Tinubu assured that Nigerian cities and to...
Read more

UPDATE: Why Strange Aircraft Hovers Around Ibadan

-
Image
The reason behind the strange yellow aircraft flying around Ibadan, Oyo State capital and its metropolis has been revealed. Reported earlier that some residents of Ibadan have been in a state of fear and panic, over a strange yellow aircraft flying at a very low level in major areas of the city which has called the attention of the masses. A claim by a netizen further stated that he is not sure if anyone who stays in Ibadan had not sighted the yellow aircraft. A post on social media clearing the air and allaying the fears of the masses noted that the aircraft is part of the initiative of the Federal Ministry of Mine and Steel in actualising a project. A circular was released by the Ministry of Mine and Steel Development months back, notifying the general public that the Mineral Sector Support for Economic Diversification (MINDIVER) project, a World Bank assisted project under the Ministry of Mine and Steel Development will embark on an Airborne Geophysical Survey Activity in Nineteen (...
Read more

JUST IN: Protest Breaks Out at UI Gate, Soldiers Arrive Scene

-
Image
Protesters on Monday morning took to the gate of the University of Ibadan, Oyo State, to express their dissatisfaction over the ongoing economic chaos in the country. Members of the community blocked the institution’s gate, thereby preventing vehicular movement and other activities. A student, who does not want her name mentioned, told the newsmen that as of the time of filing this report, soldiers and Operation Burst officers had arrived the scene. However, the university’s Communication Officer, Mrs Adejoke Akinpelu, told our correspondent that the protesters had been dispersed by the security personnel. She said, “The U.I Chief Security Officer told me that it was some miscreants in the community who gathered themselves together at the gate this morning, causing problems. Our students are sitting for their exams so they are not part of them. I was also told the security personnels who came have dispersed them.” For weeks Nigeria has been faced with biting naira and fuel ...
Read more