x

Protesters block CBN entrance in Edo over new naira crisis

A civil society group in Edo State, Edo Civil Society Group led by Comrade Agho Omobude on Tuesday blocked the main entrance of the Central Bank of Nigeria in Benin City over the scarcity of the naira notes which has brought suffering to millions of Nigerians.

As a result of the protest, vehicles coming into the Ring Road through Akpakpava were forced to go through Igun Street to Sokponba before linking up with Ring Road.

The protesters called on the appropriate authority to make the new naira notes available to reduce the suffering of Nigerians who are presently going through hell to access their money, while urging the CBN to start giving out N100, N50 and N20 notes if the new notes were not available.

Omobude said the naira swap policy at this time was a deliberate attempt by the central bank governor, Godwin Emiefele, in connivance with the Federal Government to subject the masses to untold hardship.

He vowed that the group would remain at the entrance of the bank until the head of the central bank, Benin branch, came out to address them on the situation, adding that it was inhuman to continue to allow Nigerians to remain in this suffering.

Omobude narrated that the CBN in Edo and the Civil Society Organisation reached some agreements before they (Civil Society Group) left the bank’s gate about 1pm.

He said, “We are tired of the crisis the shortage of the new naira note is causing. People are suffering and we say no to it. We reached an agreement with the CBN to disburse the smaller denominations across the counter with each customer getting N20,000.

“They also told us that the new notes should be made available and disbursed across the counter and through the Automated Teller Machines in all the banks.

“They have also accepted to include members of the Civil Society Organisations in the monitoring team set up by the apex bank to ensure monies given to banks are disbursed,” he added.

Hot this week

FEC Approves Nationwide Deployment of 4,000 Telecoms Towers to Boost Digital Access

The Federal Executive Council (FEC) has approved the deployment...

Safeguarding Press Freedom and Democratic Accountability in Nigeria

By Edetaen OjoExecutive Director, Media Rights Agenda (MRA) At...

Match Fixtures for today

‎Wednesday 3 December 2025‎‎Premier League‎‎20:30 CET‎Arsenal‎v‎Brentford‎‎20:30 CET‎Brighton‎v‎Aston Villa‎‎20:30 CET‎Burnley‎v‎C...

Wike Fires FCT-IRS Acting Chairman

By Joyce Remi-BabayejuThe Minister of the Federal Capital Territory...

Igoche Mark to Honour Lagos Legends Basketball Club at Grand Abuja Reception

In recognition of their historic victory in the recently...

2027: Delta Central APC Stakeholders Reaffirm Loyalty to Tinubu, Oborevwori

By Anne AzukaLeaders and stakeholders of the All Progressives...

NYA Appoints Six State Chairmen Across South-South to Strengthen Youth Mobilisation

By Jabiru HassanThe Office of the National Vice President...

Miaphen Calls for Calm Over Gov. Mutfwang’s Rumoured Defection to APC

By Israel Adamu, JosCoordinator of the Renewed Hope Advocates...

EFCC fighting financial crimes, not persecuting people- ACE Oshodi

By Emeka Samuel,UyoThe Economic and Financial Crimes Commission, EFCC,...

Group Urges Gov. Sule to Seek Senate Seat as Future Planters LEAD Africa Festival Concludes

By Abel Zwanke, LafiaThe Future Planters LEAD Africa Festival...

Humanitarian Affairs Minister Congratulates Gen. Musa on Appointment as Defence Minister

By Israel Adamu, JosMinister of Humanitarian Affairs and Poverty...

Related Articles

Popular Categories

spot_imgspot_img