Naira Scarcity: It Is Shutdown In Ibadan (Video)

In trickles, the effect of the petrol and naira scarcity in Nigeria is beginning to take its toll on the economy of different states.

It is Oyo State this time and the ancient city of Ibadan is currently boiling.

No one saw it coming, as protesters take over the roads, barricading and halting movements.

They have taken hold of the main gate of the University of Ibadan.

According to the protesters, the fuel scarcity and the lack of cash are affecting the flow of activities within the state.

The indigenes want the governor of the state, Seyi Makinde, to wade into the situation.

They want him to reduce the harrowing pain the residents are facing.

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While he may not be able to do anything about the naira scarcity, protesters believe he could influence petrol marketers in the state.

Businesses have been shutdown and commercial vehicles are navigating alternative routes to commute people.

Fuel stations around the state and country have raised pump price of petrol from ₦185 to as high as ₦400 per litre.

Ibadan is one of the locations experiencing protests as a result of the scarcity of naira notes.

A few days ago, heightened tension over naira scarcity resulted in a clash between students of the University of Benin (UNIBEN) and some soldiers of the Nigerian Army. 

Many claim military operation triggered the clash. 

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The trouble escalated after the soldiers stormed the school premises and allegedly ordered students to lie down while they withdraw money from the school ATM.

Unfortunately, this did not go down well with some students. An altercation followed, resulting in the involvement of the institution’s Chief Security Officer (CSO).

According to the students the soldiers allegedly attacked and slapped the CSO.

He was there to make peace, the students further said.

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