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    JUST IN: Keystone, Union bank set ablaze as protest rocks Ogun over naira scarcity

    Opalim LiftedBy Opalim LiftedFebruary 20, 2023No Comments2 Mins Read
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    Tension erupted at the Kwara State Polytechnic in Ilorin on Wednesday after reports of the deployment of Economic and Financial Crimes Commission operatives triggered panic and student protests
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    Protests over naira scarcity have erupted once more in Ogun State, with videos online showing two banks set on fire in the state’s Sagamu area.

    Many residents were seen on Monday watching as Keystone and Union banks were set on fire, with some youths holding planks in protest.

    On Friday last week, news outlets reported that protests erupted in Ogun State’s Mowe-Ibafo area, with many residents blocking the Lagos-Ibadan Expressway in protest of the woes and hardship caused by the lingering scarcity of the naira.

    Reacting to the development, a Twitter user, @arranowanna wrote, “Kindly advise your friends, families, and acquaintances to avoid any protests. Take your frustration to the ballots on Saturday. Don’t burn banks, don’t burn petrol stations, don’t burn government properties.”

    Another user, @morningstar_305 wrote, “I just put a call through to the house and it was confirmed to me that keystone bank and union bank at ijoku has been set ablaze by angry citizens.”

    • Naira Scarcity: Warri, Ogun youths attack First bank, burn Access Bank in protest

    While popular tweep, Pooja, wrote, “If you are in Sagamu, be careful cos there is a protest on new naira notes.”

    Meanwhile, on Thursday last week, the President, Major General Muhammadu Buhari (retd.), in a national broadcast had said the old N500 and N1,000 notes were no longer legal tender in the country, however extending the validity of the old N200 note for 60 days, till April 10, 2023.

    The state Police Public Relations Officer, Bola Oyeyemi, could not be reached at the time of filing this report, as phone calls to his line were not responded to as well as text messages.

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