BREAKING: Agege Boils as Hoodlums Protest Scarcity of New Naira Notes (Photos)
Angry youths, on Friday, disrupted vehicular movement in several parts of Agege as tension continues to grow over the scarcity of the newly redesigned N500, and N1,000 currency notes.
Vondigest reports that civil unrest was witnessed around Oke-Koto, Sofunde and Agbotikuyo areas of Agege area in Lagos State.
Protesters, majorly youths, blocked main roads and set up bonfires in affected areas.
This online platform recalls that the Central Bank of Nigeria (CBN), last December, introduced the new notes amid efforts to fight corruption, terrorism, counterfeiting and related crimes.
However, Nigerians have had a hard time getting the new notes amid scarcity and rising tension across the country.
Before this morning, there had been violent protests in some states in South-west Nigeria. A bank was set ablaze by hoodlums in Udu, Edo State as a result of scarcity of new naira notes.
There were also violent protests in Oyo and Ondo states on Wednesday.
An interim order from the Supreme Court of Nigeria restraining the CBN from enforcing its 10 February deadline for the use of the old naira notes seemed not to have worked, as the old N500 and N1,000 notes were being rejected by many individuals and businesses across the country.
