Residents boo Obaseki aftermath of Naira notes scarcity riot

Angry Benin residents reportedly booed Governor Godwin Obaseki at the King square in Benin City, the State Capital amid economic hardship occasioned by lack of access to the redesigned naira notes for Nigerians.


Sources said the Governor was loudly booed by suspected touts on Thursday morning, while leading other top government officials for an on-the-spot assessment of the Central Bank of Nigeria (CBN) and other financial institutions.

Recall that four persons including a nursing mother were shot dead while scores of protesters got injured in connection with the violent protests that ripped through Benin Metropolis on Wednesday over new Naira scarcity.

But Mr Chidi Nwabuzor, the spokesman of Nigeria police Command in Edo State in a statement issued on behalf of the Commissioner of Police, CP. Mohammed Dankwara, said two suspected hoodlums were neutralised by stray bullets at the Central Bank of Nigeria (CBN) annex in Benin City during the violent protest.

It was learnt that the Governor was however not perturbed or react to the jeers by the behaviour of the bystanders who berated him for pushing CBN’s cashless policy that has worsened the pains of citizens.

TheNewspad reports that Obaseki was accompanied by his Chief of Staff, Hon. Osaigbovo Iyoha, and Special Adviser on Media Projects, Crusoe Osagie, and other government functionaries.

Mr Blaise Ijebor, the Director of Risk Management of CBN took the guests led by Governor round facilities at the CBN annex under the watchful eyes of armed security forces.

Akpakpava road and other adjoining routes leading to the King square were convulsed in a traffic snarl while tour lasted.

In line with its promise to ease the financial burden of residents, CBN commenced cash disbursement via Point of Sale (PoS) to account holders on Thursday in Benin City.

The services which was monitored by Edo State government officials, recorded a long queues around Urhokpota hall and Oba market in the locality.

The sum of N5,000 new notes were dispensed to customers with N100 service charge from each customer’s account and N200 service charge for each account holder that withdraws N10,000.
in N1000 denomination before the Banks workers later ran out of cash.

The shutting down of banking services by commercial banks across the State in response to attacks on some financial institutions including WEMA, Access, UBA, Fidelity, and Sterling banks by hoodlums on Wednesday.

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