By Emmanuel Adeleke
At least three banks were touched on Monday as protest erupted over scarcity of new naira notes in Sagamu town, Ogun State.
The state’s police command spokesperson, Abimbola Oyeyemi, disclosed this in a statement, on Monday.
According to him, Union Bank, First Bank and Keystone Bank branches were attacked by protesters on Monday.
He, however, said policemen have been deployed to the area , adding that the situation is now under control.
“We are in Sagamu now. The place is seriously burning.
“They attacked Union Bank and First Bank as well as Keystone Bank. We are there right now,” he said.
Similar protests broke out last week across states in the country amid scarcity of new naira notes and petrol. Banks and Automated Teller Machines (ATMs) were vandalised by aggrieved citizens whose moneys are trapped in the banking system.
President Muhammadu Buhari last Thursday banned the use of old N500 and N1,000 notes and extended the validity of old N200 notes till April 10, 2023.
However, some governors have approached the Supreme Court to over the directive of the President.
The cash crunch and consequent riots is coming few days to the February 25 Presidential and National Assembly elections.
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