Inspector-General of Police, Usman Baba, made this known in Abuja on Wednesday when he spoke with newsmen.
Browsing: Naira scarcity
The butchers attributed difficulty in purchasing cattle to their inability to access naira notes, which is the only means of transaction acceptable to cattle rearers.
In an address to the state on Saturday, the Governor empathised with Lagosians over the hardship being experienced with the Federal Government’s currency swap policy being implemented by the Central Bank of Nigeria (CBN).
The News Agency of Nigeria reports that about four banks were vandalised by suspected hoodlums in Epe on Friday.
Abiodun said this during an engagement with the Christian Association of Nigeria in Abeokuta, the state capital.
The protesters made bonfire on both sides of the expressway making it impossible for vehicular movement which has also resulted to heavy gridlock on the axis.
According to the report, banks are being set on fire with mob on the roads protesting against the new monetary policy.
2. On behalf of the government of Kaduna State, I wish to express my deepest regret at the needless suffering you are enduring as a result of the prolonged fuel shortage and the difficulties occasioned by the so-called “currency redesign” policy of the Central Bank of Nigeria. We understand your pain. I assure you that as your State Governor, I have been working with my other colleagues to do everything in our power to end these pains.
The News Agency of Nigeria reports that tension rose when commercial banks stopped collecting the old Naira notes.
The former two-term Governor of Lagos State spoke on the development in a statement on Wednesday in Abuja.
He made this known in Lagos on Tuesday during the launch of Phase 2 of a transport initiative: “Gbaja Ride.”
Ugorji made the appeal at the opening of the 2023 First Plenary of CBCN held at the Catholic Secretariat in Abuja.
The Eagle Online recalls that a move by the Central Bank of Nigeria to change the currency led to the scarcity.
The Ogun State governor, Dapo Abiodun, on Wednesday, paid a visit to Gabriel Michael, who was hit by a stray bullet during the protest on the cash scarcity which rocked Abeokuta, the state capital, on Tuesday.
The Congress made the declaration in a press release jointly signed by its President, Comrades Festus Osifo and Secretary General, Nuhu
Some of the traders told the News Agency of Nigeria (NAN) in Ilorin Monday that they had no bank accounts to which money can be transferred.
He made the appeal in a statement by his Commissioner for Information and Strategy, Gbenga Omotoso, on Friday.
Makinde announced this in a statewide broadcast aired on the Broadcasting Corporation of Oyo State Friday night.
The News Agency of Nigeria reports that the protesters, in their hundreds, blocked major areas of the capital city