Naira Scarcity: Protesters set two banks ablaze in Ogun state

Protesters on Monday launched violent attack on financial institutions which were set ablaze during a protest in Sagamu town of Ogun State, over Naira and petrol scarcity which has hit the country over two weeks now.

Penpushing reports that the protesters, majorly youths armed with planks made bonfire in some major parts of the town, before heading  to Keystone and Union banks to set the buildings ablaze, as residents watched with astonishment

The protesters forced the traders to hurriedly close their shops, to prevent any business activities, as number of pedestrians and school children were seen running helter-skelter for the safety of their lives, as the protest started escalating.

Penpushing further reports that the incident which was the third in the state within a spate of one week, it is recalled occurred in Mowe-Ibafo as the busy Lagos-Ibadan Expressway was blocked, while similar was recorded in Abeokuta where some banks which include First bank and Access bank located in Sapon the commercial centre of the town were attacked.

The traditional ruler of the town Akarigbo of Remoland, Oba Babatunde Ajayi, in reaction to the development appealed to people to remain calm and peaceful as stakeholders continue to engage the leadership of the country.

“I appeal to all to remain calm and peaceful as we continue to engage the Federal Government. This policy is not from the state or local government. Therefore, the destruction of lives and properties will only compound an already bad situation’, he said.

“I urge our people to continue to accept the old notes in line with the Supreme Court ruling. No person who accepts the old notes would lose out. I can assure you of that, and please hold on to that promise. Further, I am also mandating all our market people to continue to accept the old notes. I hereby undertake that no one will lose out for possessing the old notes”, Ajayi added

Penpushing also reports that, Kayode Segun–Okeowo, a youth leader in the state while speaking with journalists expressed views that the attack was a motivated destruction and not a protest, adding that those behind the act need to stop

“This is not a protest. I am a comrade and understand the ABC of protest. It is motivated to cause destruction. Those behind this must stop. I urge the government to go after the evil sponsors of these destructions”, he stated

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