They made bonfires of disused tyres on both sides of the highway causing serious traffic gridlock.

Following the ongoing Naira scarcity, aggrieved Nigerians on Tuesday shut the Lagos-Abeokuta Expressway at the Sango-Ota axis to protest their inability to withdraw money from Automated Teller Machines (ATMs).

They made bonfires of disused tyres on both sides of the highway causing serious traffic gridlock.

Some of the protesters told the News Agency of Nigeria (NAN) that the current cash crunch had created serious pains and agonising moments.

The leader of the protesters, Mr Kazeem Sanni described the situation where bank customers could not access their money as unfortunate.

He said it had been double jeopardy for bank customers as the banks would neither load their ATMs with money nor allow depositors into the banking halls to make withdrawals.

CBN already instructed banks to load their ATMs with cash and to also allow depositors to withdraw a maximum of N20,000 across the counter.

“The situation is really pathetic as this has grounded and paralysed business activities,’’ Sanni lamented.

“We decided to demonstrate to show our grievances as we can no longer bear this. hardship, ’’ he stressed.

He called on the CBN to urgently print more new notes and. ensure that banks comply with its directives.

A protester, Mr Rotimi Odubanjo, noted that the inability to. withdraw money from banks had inflicted untold discomfort. on the people.

“We need the Federal Government to come to our assistance and ease this cash and fuel scarcity,’’ he said.

He said the twin scarcity of fuel and money had crippled. economic activities and was leading to hunger.

Naira Redesign Policy: 3 Things Nigerians Need From The CBN Now(Video)


https://www.youtube.com/watch?v=5e6xKkbSuu4

a4cube:
Your family needs you more than the politicians that are using you.

ExAngel007:



https://dailypost.ng/2023/02/14/cash-crunch-protesters-shut-down-lagos-abeokuta-expressway/

Timoleon:
This design change exercise has been a poorly executed exercise. For a country largely dependent on cash and especially with a large chunk of the populace without bank accounts, the time frame for phasing out of the old note was arbitrarily short. The masses are bearing most of the brunt.

Zonefree:
"The leader of the protesters, Mr Kazeem Sanni"




Tinubu and his urchins go protest tire. On CBN mandate we stand, No going back.

God bless Emefiele
God bless CBN
God bless sane Nigerians.

Shame on urchins and their principal!

wethebest:
Tinubu boys. Make una tell una

azpekuliar:


but it will still go on

Timoleon:
What will still go on?

xamjoe:
I can vividly remember all the songs that were sang in the old days, they were just like prophecies which are happening now.
From,

African China - " Mr President"
Fela - Majority of his songs
Eedris - "Nigeria Jagajaga ".

I just think about this songs and I can't help but to cry for Nigeria.