Protests In Ibadan Over Customers’ Inability To Withdraw New Naira Notes 

There is currently unrest in Ibadan, Oyo state over the scarcity of new naira notes, and inability of customers to withdraw money.

Bank customers in Ibadan have been finding it difficult to withdraw money, both old and new naira notes.

READ ALSO: BREAKING: New Naira Notes: I’ll Decide In Seven Days – Buhari

Recall that the Central Bank of Nigeria, CBN, had a few weeks ago introduced the newly redesigned N200, N500 and N1000 denominations across the country.

The apex bank had also directed commercial banks to fill their Automated Teller Machines, ATMs, with the newly redesigned naira notes.

The CBN also gave 31st January, 2023 as the deadline for the exchange of the old bank notes before extending till 10th February.

It has also directed commercial banks to pay customers the new naira notes over the counter.

However, majority of the bank customers who went to withdraw money on Friday at various banks in Ibadan could not do so.

This sparked protests in some parts of Ibadan.

Some of the areas where the customers are currently protesting are Agodi Gate, Idi Ape and Iwo Road.

The protesters burnt several tyres so to register their displeasure.

A resident said that the protesters were protesting their inability to withdraw money from the banks.

“Protests are currently ongoing at Gate and Iwo Road as I speak with you. They are burning tyres now,” he said.

A resident of Iwo Road also confirmed that the protest is ongoing.

“Yes. There is a protest here. People are currently protesting at Iwo Road over inability to collect their money from banks,” he also said.

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