Tension in Top Southwest State as Residents Protest, Scarcity of New Naira Notes, Fuel

Tension in Top Southwest State as Residents Protest, Scarcity of New Naira Notes, Fuel

  • All over Nigeria, citizens are bearing the brunt of the lingering fuel scarcity and the lack of naira notes
  • The residents of Ibadan in Oyo state have taken to the streets of the town to register their grievances over the challenges they are facing
  • According to the Ibadan residents, the scarcity of fuel and unavailability of naira notes have brought untold hardship

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Residents of Ibadan, Oyo state capital city have taken over the streets in protest of the lingering fuel scarcity and paucity of new naira notes.

The Punch reports that the action by the residents began barely 22 days before the general elections expected to take place across the country.

Protest in Ibadan, Oyo state, fuel scarcity, Naira scarcity
Nigerians in Ibadan have taken to the streets to protest the scarcity of fuel and naira notes. Photo: The Cable
Source: UGC

In recent weeks, Nigerians have suffered in their efforts to access the new naira notes as the deadline for swapping the old notes is on February 10.

Read also

Naira scarcity: CBN governor Emefiele begs Nigerians for 1 thing, gives reasons

In addition, Nigerians, especially motorists have contended with sourcing fuel from petrol stations with many filling stations and black marketers selling way above the pump price approved by the Nigerian government.

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Disappointed by the situation, youths of Ibadan who were armed with several placards, stormed the Iwo Road area of the state on Friday morning to register their grievances.

The Cable reports that the residents condemned the activities of the government and its involvement in putting citizens through such hardship.

Watch the video below:

2023: Peter Obi breathes fire, sends strong message to FG over lingering fuel scarcity, naira notes shortage

Peter Obi has condemned the incessant hardship faced by Nigerians due to the scarcity of naira notes across the country.

Read also

Naira Scarcity: Protesters Take to Streets in Ibadan, Vandalise Banks as Buhari Asks for More Time

The 2023 Labour Party's presidential candidate said Nigerians are not only suffering from the lack of funds but also being humanised due to fuel scarcity among other challenges.

Obi warned that the untold hardship is impacting negatively on people, especially women and children.

Naira swap crisis: APC governors move against CBN, Godwin Emefiele, give reasons

The February 10 deadline given by the Central Bank of Nigeria for swapping old notes for new notes has been rejected.

The CBN deadline was rejected by governors of the ruling All Progressives Congress on Thursday, February 2.

According to the APC governors, the new policy by the CBN has done nothing but brought hardship to Nigerians.

Source: Legit.ng

Authors:
Nnenna Ibeh avatar

Nnenna Ibeh Nnenna Ibeh is a journalist with over 10 years of experience with various media organisations including Premium Times. Being on the front burner of reporting politics and the different dimensions of governance, she is also passionate about girls' education and women's and children's health. With degrees in Journalism, Peace Studies & Conflict Res., and Dev. Studies, Nnenna has worked in the dev. sector as a communications officer for the Centre for Democracy and Dev. email: ibehnnenna@gmail.com