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Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices - Politics - Nairaland

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Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by Goodday90(m): 7:09am On Feb 21, 2023
Protesters, yesterday, stormed major streets of Sagamu, Ogun State, to express their anger and displeasure over the hardship experienced as a result of the scarcity of naira notes.

They barricaded the Ijebu-Ode/Sagamu Interchange section of the Lagos-Sagamu-Benin Expressway with bonfires, leading to traffic gridlock which left hundreds of travelers stranded for hours.

The mob, made up mostly of youths, also torched two banks and the offices of the Independent National Electoral Commission (INEC) and Ibadan Electricity Distribution Company (IBEDC) and set ablaze equipment such as computers, TV sets, furniture, industrial generator, among others. They also vandalized the Sagamu LGA Secretariat office.

The two banks burnt were branches of Keystone Bank and Union Bank located at Ijoku Area while other banks were also attacked.

Daily Sun learnt the protest began in front of the Palace of the Akarigbo of Remoland, Oba Babatunde Ajayi and later spread to other parts of the town. But a youth leader, Kayode Segun-Okeowo, described the act as a motivated destruction and not a protest.

I’m a comrade and understand the ABC of protest. It’s motivated to cause destruction. Those behind this must stop,” he said in a telephone interview.

Opposition behind unrest

Ogun State Government described the violent protests as politically motivated.

A statement by the governor’s media aide, Kunle Somorin, claimed some disgruntled members and candidates of the main opposition party, the Peoples Democratic Party (PDP) were sighted leading the demonstration.

While the protests were purportedly against the scarcity of naira notes, the real intention of these elements became obvious with the involvement of known PDP members. It is on record that the campaign tour of the All Progressives Congress (APC), which moved through Simawa to Ogijo and back to Sagamu, where two roads were commissioned yesterday, ended without any hitch. The APC rally was attended by tens of thousands of people at different locations, lasting from about 8am in the morning to 8pm without any violence, quarrels or disagreements whatsoever. We believe strongly that it was the success of the APC rally of yesterday that got the feeble opposition PDP frustrated and, therefore, made their members embark on the mindless destruction of properties.

“The governor of Ogun State, Dapo Abiodun, has been on top of the fallouts of the naira re-design issues. The governor had visited the Central Bank headquarters in Abeokuta and some other commercial banks’ branches, made a state broadcast and empathised with the people with reassurance that efforts are on to ameliorate the negative impacts of the controversial policy on the people. Ogun State is also one of the states that has taken the Federal Government to court on the naira swap policy.”

He said arrests have been made by the police.

“The full wrath of the law will be made to bear on the culprits, no matter who their sponsors are,” he said.

Allegations spurious – PDP

Reacting, the state Chairman of the PDP, Sikirulahi Ogundele, said the outburst of the state government showed its sense of irresponsibility and insensitivity to the plight of the people.

Ogundele, who expressed disappointment over what he described as “spurious allegations” from the ruling party, added that the APC has failed Nigerians and the people were only reacting out of frustration.

“The ruling party has failed the people and they are now reacting to the untoward hardship its policies had brought on them. Can they say that PDP was behind the protests in Oyo, Ondo and other states? Nigerians are just reacting but instead of the ruling party to own up to Nigerians that their policies have brought hardship and pains on them, they are busy shifting blame on the opposition party. For the records, PDP has nothing to do with the protests in Sagamu or anywhere in the state. Let them go and check themselves. They are disconnected from the people. They should not put their failure on the PDP. They are disorganised and it is rubbing off on their faces now that people are ready to vote them out of office, starting from this Saturday,” he said.

30 suspects arrested

The police confirmed that no fewer than 30 persons have been arrested in connection with the violent protests.

According to the police spokesperson in the state, Abimbola Oyeyemi, the arrested persons have been transferred to the State Criminal Investigation Department on the order of the Commissioner of Police, Frank Mba.

Oyeyemi added that the combined team of policemen and military men were on the ground to monitor the situation.

Meanwhile, the Akarigbo of Remo, Oba Babatunde Ajayi, has sued for calm.

A statement signed by the monarch read: “I appeal to all to remain calm and peaceful as we continue to engage the Federal Government. This policy is not from the state or local government. Therefore, the destruction of lives and properties will only compound an already bad situation. I urge our people to continue to accept the old notes in line with the Supreme Court ruling. No person who accepts the old notes would lose out. I can assure you of that, and please hold on to that promise. Further, I am also mandating all our market people to continue to accept the old notes. I hereby undertake that no one will lose out for possessing the old notes.”
https://www.sunnewsonline.com/naira-scarcity-protesters-hit-sagamu-raze-banks-inec-ibedc-offices-vandalize-lg-secretariat/?amp

Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by Goodday90(m): 7:10am On Feb 21, 2023

Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by Goodday90(m): 7:11am On Feb 21, 2023
Suffersticated region
Their people (ihordspy,Afamed etc)will not report this,they only come alive when UGM destroy properties in the east but when it happens in their region
They keep mum

156 Likes 10 Shares

Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by Nwodosis(m): 7:13am On Feb 21, 2023
Not a protest but a motivation to cause destructions.
I can't agree less.

90 Likes 2 Shares

Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by Couldntfigurean: 7:14am On Feb 21, 2023
Afghanwestern
Most of them doing the burning don’t even have up to 10k in the banks

173 Likes 9 Shares

Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by JASONjnr(m): 7:16am On Feb 21, 2023
.......... focus on the goals - Falz


They want to disrupt this election so it will be shifted and have them rig their person in...


We are going to ensure that the 3lection is not shifted... And Obi will be declared.

168 Likes 11 Shares

Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by PointZerom: 7:21am On Feb 21, 2023
grin

They're not protesters but JAGABAN TERRORISTS.

Hired by Tinubu to constitute nuisances to make INEC postpone the election.

145 Likes 6 Shares

Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by inoki247: 7:24am On Feb 21, 2023
Why them they burn IBEDC join shey na dem dey supply New Note ni...

This people looks confused them need to pack dem all..


This one no be protest again na destruction mak dem allow election hold the next person go come change the stupid policy na jus few days more....

57 Likes 3 Shares

Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by orisa37: 7:25am On Feb 21, 2023
Describing this PROTEST AS POLITICALLY MOTIVATED IS NUT.
BANKS' REFUSAL TO PAY OUT TO THEIR CUSTOMERS IS VERY ILLEGAL..

19 Likes 4 Shares

Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by Winters23: 7:27am On Feb 21, 2023
cool
Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by bigdammyj: 7:28am On Feb 21, 2023
Noted.

My vote is for Tinubu.

13 Likes 6 Shares

Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by Akwamkpuruamu: 7:28am On Feb 21, 2023
Tinubu Thugs, una go tire

61 Likes 2 Shares

Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by SmartPolician: 7:28am On Feb 21, 2023
Why are some people crying more than the rest of us?

While the vast majority of us are looking for alternative channels that our banks have provided, some rascals have chosen to destroy public facilities.

The relevant authorities shouldn't hesitate to fish them out and ruthlessly deal with them. Criminals are only looking for an opportunity to vandalize and burgle banks.

37 Likes 3 Shares

Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by cjudy(m): 7:28am On Feb 21, 2023
shocked
Thiefnnubu stop paying agberos to protest. Buhari have ear problem, he won’t listen to you.

If you like burn down Ogun state, old Naira is gone and dusted. It will turn to tissue paper by Saturday.


Ntooooooor wicked old and corrupt politicians

51 Likes 3 Shares

Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by Adeleketoyin(f): 7:28am On Feb 21, 2023
Ok After Buhari's tenure, we suppose get like 2 weeks holiday, to celebrate Survival. But because say na Peter Obi go take over, we will differ the holiday till 2032.


May ObiDatti Succeed!
❤️❤️❤️❤️❤️❤️❤️❤️❤️

54 Likes 10 Shares

Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by Hendrixky: 7:28am On Feb 21, 2023
Arrest all of them
If not that the common masses are more corrupt than our politicians
The whole naira redesign and cbn policy was something we should celebrate

While the little money cnb gave banks to distribute to the public bank managers were selling it to highest bidders and politicians


As of October 2022, currency in circulation had risen to N3.23 trillion out of which only N500 billion was within the Banking System while N2.7 trillion remained permanently outside the system
thereby distorting the financial policy and efficient management of inflation
The aim was to ensure that first all money returns into the banking system and little money goes out so that vote buying will be reduced but bankers were selling the little ones to politicians
We masses see our own corruption as normal but see politicians own corruption as bad thing

20 Likes 2 Shares

Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by OmotolaBoy(m): 7:28am On Feb 21, 2023
Policy just to frustrates the masses....

1 Like 1 Share

Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by Lunja: 7:28am On Feb 21, 2023
When you see these signs, know that the final defeat of chinugu is at hand.


Desperate loser cheesy

12 Likes

Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by fogij: 7:29am On Feb 21, 2023
This suffering is too much

1 Like 2 Shares

Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by Adeleketoyin(f): 7:29am On Feb 21, 2023
This is uncalled for but....

Their governor Dapo should be held fully responsible because He caused the confusion and loggerhead by making speech opposing Buhari's presidential speech.


EFCC and ICPC should raid Gov Dapo's house NOW!

23 Likes

Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by DropsMic(m): 7:29am On Feb 21, 2023
Tunubu well done
Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by Tflex01: 7:29am On Feb 21, 2023
They should not grant Buhari's wishes of postponing this election.
Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by QualityShare: 7:29am On Feb 21, 2023
Tinubu please call your boys to order

16 Likes 1 Share

Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by Omoapena(m): 7:29am On Feb 21, 2023
They should start arresting these people and put them behind the bars for 6months

12 Likes 1 Share

Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by Akwamkpuruamu: 7:30am On Feb 21, 2023
inoki247:
Why them they burn IBEDC join shey na dem dey supply New Note ni...

This people looks confused them need to pack dem all..


This one no be protest again na destruction mak dem allow election hold the next person go come change the stupid policy na jus few days more....

Na the monsters your agbado lord de breed! The fowl is coming home to roost. When them no see light for one month, maybe dem go go burn Itire power station

15 Likes 1 Share

Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by Whois(m): 7:30am On Feb 21, 2023
Never underestimate the power of stupid people in large groups

22 Likes 5 Shares

Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by tsephanyah(f): 7:30am On Feb 21, 2023
Yoruba Muslims don't start what you can't finish

19 Likes 1 Share

Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by BigBrother9ja: 7:30am On Feb 21, 2023
cry

I have know single pity for those bank staff, ESPECIALLY THE MANAGERS.

THEY WERE THE ONES THAT CAUSED 90% OF ALL THE PROBLEMS WE'RE FACING AT THE MOMENT.

5 Likes 2 Shares

Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by Mindlog: 7:31am On Feb 21, 2023
No be say light dey 24/7 before, dem go burn IBEDC join!🙄

When those unruly elements go on destructive spree, I support the police to shoot at them since they are adult enough to see nothing wrong in the destructions.

5 Likes

Re: Naira Scarcity: Protesters Hit Sagamu, Raze Banks, INEC, IBEDC Offices by ThatFairGuy1: 7:31am On Feb 21, 2023
angry

27 has been arrested before, they should arrest more and let them face the consequences.

5 Likes

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