Ibadan Residents Protest Over Inability To Withdraw New Naira Notes From Banks (Video)

Date: 03-02-2023 1:41 pm (1 year ago) | Author: Bayo Nelson
- at 3-02-2023 01:41 PM (1 year ago)

Residents of Ibadan, the Oyo state capital stormed the streets to protest the scarcity and inability to access the new naira notes on Friday, January 3. Dailypost gathered that bank customers in Ibadan have been finding it difficult to withdraw money. Recall 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 Dailypost said that the protesters were protesting their inability to withdraw money from the banks.

“Protests are currently ongoing at Gate and Iwo Road as I speak with you. They are burning tyres now,” he said. A resident of Iwo Road also confirmed that the protest is ongoing.

“Yes. There is a protest here. People are currently protesting at Iwo Road over inability to collect their money from banks,” he also said.

Watch Video Below;
<a href="http://www.youtube.com/watch?v=nwXsaIGqUCo" target="_blank" class="aeva_link bbc_link new_win" rel="nofollow">http://www.youtube.com/watch?v=nwXsaIGqUCo</a>

Posted: at 3-02-2023 01:41 PM (1 year ago) | Addicted Hero
- gogoman at 3-02-2023 10:47 PM (1 year ago)
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Posted: at 3-02-2023 10:47 PM (1 year ago) | Grande Master