Riots have reportedly broken out yesterday in Ibadan, the Oyo State capital, as angry youths blocked the major roads and burnt tyres over their inability to get the new naira notes.
Hundreds of angry mobs were said to have taken to the streets in the morning, protesting the Central Bank of Nigeria’s (CBN) currency redesign policy which has impoverished Nigerians.
As the automated Teller machines, (ATMs) not dispensing the new currency notes and deposit money banks not issuing out new notes to Nigerians, this has spread hunger and misery in the land, as Nigerians cannot buy food or take care of themselves.
The irate youths are demanding from the banks to give them their money.
Tyres we are reportedly set on fire at the centre of Iwo Road, while other parts were blocked, as the protesters chanted war songs, demanding an immediate change to the terrible currency swap that is spreading hunger in the land.
Shops and businesses in the area have closed, to avoid being attacked by an angry mob. Gridlock has built up in the area following the massive protests.
Following the crisis, the Oyo State Governor, Seyi Makinde, is said to have suspended his governorship campaign, as anger spread in the State.
