Abiodun Pleads With Protesters Over Naira Swap Crisis To Be Patient
Abiodun Pleads With Protesters Over Naira Swap Crisis To Be Patient

Abiodun Pleads With Protesters Over Naira Swap Crisis To Be Patient

Abiodun Pleads With Protesters Over Naira Swap Crisis To Be Patient

Governor Dapo Abiodun of Ogun State, has pleaded with those protesting over the Naira swap crisis to be patient. He expresses concern over the vandalization of some of the banks in Abeokuta, the Ogun State Capital over the Naira note scarcity.

Abiodun speaking during the statutory meeting of the Ogun State Council of Obas at the Oba Complex, Oke Mosan, Abeokuta, shared the plight of people who queued endlessly at the automated teller machines of banks.

He urges protesters to allow his engagement with President Muhammadu Buhari, the banks forum and the Central Bank of Nigeria to yield fruit.

The governor, however, said his administration would not allow Ogun State to descend to a level where lives and property are endangered.

According to the governor, Ogun State is noted for being peaceful and being Nigeria’s safest place.

He assured that banks and the CBN are doing their best to end the Naira note crisis.

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Angry customers during the Tuesday protests in Abeokuta, Ogun State, vandalized some of the banks, blocked roads in the city. One person was shot, while others were injured.

Meanwhile, Nigeria Governors Forum has urged President Muhammadu Buhari to extend the deadline for the validity of the old N200, N500 and N1,00 notes beyond February 10.

The governors, in a letter to Buhari, also wants the Central Bank of Nigeria to release more newly designed Naira note within the enlarged time frame.

The forum wants the CBN cashless policy to be reviewed, warning that the time frame for its implementation was a recipe for anarchy.

According to the governors, there was a need for the rethinking of the policy because the infrastructure for the successful implementation of the policy not yet in place.

They cited the cases of Borno and Bayelsa States which have only few branches of banks.

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