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Protesters shut Benin’s CBN branch over Naira Scarcity - Politics - Nairaland

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Protesters shut Benin’s CBN branch over Naira Scarcity by ryloy: 2:50pm On Feb 07, 2023
Some Civil Society organizations and residents of Benin city have blocked the entrance gate to the Central Bank of Nigeria as a reaction to the continued none availability of Naira notes and naira swap policy.

The Protesters are demanding that the central bank of Nigeria discontinue with policy and make the naira notes available for the masses.

But the central bank authority say more naira notes will be made available in the coming days as the policy is not targeted at bringing hardship and pains to the people of the country but to improve on the economy.

In the same vein, hundreds of residents of Ondo State have staged a peaceful protest along Ore-Benin expressway to register their displeasure over scarcity of naira notes and fuel ravaging the nation.

The protesters blocked the road there by causing gridlock.

The protest is coming despite stern warning from the police authorities in the State. Many travellers plying the route were stranded for several hours.

One of the protesters, Adebayo Adeyemi said the recent hardship ravaging the country is quite alarming.

“We are protesting to send a message to the government, that we the masses are suffering”.

https://www.tvcnews.tv/2023/02/protesters-occupy-cbn-entrance-in-benin-city-over-naira-scarcity/

11 Likes 4 Shares

Re: Protesters shut Benin’s CBN branch over Naira Scarcity by ryloy: 2:51pm On Feb 07, 2023
cool

1 Like 1 Share

Re: Protesters shut Benin’s CBN branch over Naira Scarcity by Dreal1247: 2:53pm On Feb 07, 2023
Somebody said that Endsars part 2 is loading. That statement is gradually being confirmed. Let the cash be made available. They cannot justify this madness. Any bank that is found wanting should be sanctioned.

145 Likes 11 Shares

Re: Protesters shut Benin’s CBN branch over Naira Scarcity by AfricanColumbus: 2:54pm On Feb 07, 2023
Why Are The Naira Notes Now Scarce? (Video)

Many Nigerians have complained about the difficulty of getting the naira notes, as POS operators take advantage of the situation to inflate their charges on withdrawals by more than 1000% in several instances.

But why are the naira notes hard to get now? Readers should take note of the fact that a great part of the old notes have been mopped up by the CBN, which leaves only a few old notes and the new notes as options. The video looks into the major means by which the distribution of the new notes is being sabotaged.


https://www.youtube.com/watch?v=kcy740S1XJk

2 Likes 3 Shares

Re: Protesters shut Benin’s CBN branch over Naira Scarcity by Coolsperm: 2:55pm On Feb 07, 2023
If not for the huge money Tinubu stole Tru bullion van during last election, all this problem will not happen ,

165 Likes 12 Shares

Re: Protesters shut Benin’s CBN branch over Naira Scarcity by Jubrilv(m): 2:55pm On Feb 07, 2023
Good
Re: Protesters shut Benin’s CBN branch over Naira Scarcity by socialmediaman: 2:56pm On Feb 07, 2023
Tinubu and his thugs doing their thing

20 Likes 6 Shares

Re: Protesters shut Benin’s CBN branch over Naira Scarcity by Dreal1247: 2:56pm On Feb 07, 2023
Call him Atiku or Tinubu, they are together in this conspiracy. Part of the cabal is for Atiku while the remaining part is for Tinubu. Nigerians only have Mr Peter Obi. Vote wisely.

201 Likes 25 Shares

Re: Protesters shut Benin’s CBN branch over Naira Scarcity by Jubrilv(m): 2:58pm On Feb 07, 2023
MENTION ONE OR TWO BANK THAT WERE ROBBED BY TINUBU DURING LAST ELECTION



Coolsperm:
If not for the huge money Tinubu stole Tru bullion van during last election, all this problem will not happen ,

50 Likes 12 Shares

Re: Protesters shut Benin’s CBN branch over Naira Scarcity by Nbote(m): 2:58pm On Feb 07, 2023
Dreal1247:
Somebody said that Endsars part 2 is loading. That statement is gradually being confirmed. Let the cash be made available. They cannot justify this madness. Any bank that is found wanting should be sanctioned.

That's why the government is working overtime to paint banks as the Villain. Banks aren't the ones who designed the notes, neither are they the ones who limited daily withdrawals to 20k. The APC complainants thru El Rufai admitted not enough money was printed

21 Likes 7 Shares

Re: Protesters shut Benin’s CBN branch over Naira Scarcity by ChangetheChange: 2:59pm On Feb 07, 2023
Tinubu and Oshiomole have released money for their thugs to start protesting
Tony Kabaka is the arrow head behind the Benin Protest, the gallant men of Nigeria Army should use Kabaka and his smelling thugs to test the newly acquired weapons and amunitions of the Nigerian Army
No going back on the new cash Policy
No to vote buying

30 Likes 1 Share

Re: Protesters shut Benin’s CBN branch over Naira Scarcity by superCleanworks(m): 2:59pm On Feb 07, 2023
Seems like Everything is just meant to be HARD in this Nigeria.

15 Likes 4 Shares

Re: Protesters shut Benin’s CBN branch over Naira Scarcity by Dreal1247: 3:00pm On Feb 07, 2023
This will still teach people to stop keeping their money with the banks. I just watched a video where a bank official was being molested. The poor man lost the mother as a result of no cash. It's like he knows the banker who declined giving him cash when he visited the bank. At the lost of the mum, he was then venting his anger on the innocent banker who was carrying out the instructions given to him.

27 Likes 1 Share

Re: Protesters shut Benin’s CBN branch over Naira Scarcity by inoki247: 3:02pm On Feb 07, 2023
That's good commercial Banks can't be the only one eating beating CBN too needs to chop large share of the beating for not printing enough money and making people to exploit the avenue....


This not the first time we are changing money why this one come hard bak den CBN appoints Agent that comes with Bus to come exchange our old note for free....


Imagine implementing what you don't even understand naso dem lock border den nd till today we Neva recover...

18 Likes 2 Shares

Re: Protesters shut Benin’s CBN branch over Naira Scarcity by princeade86(m): 3:04pm On Feb 07, 2023
Let take over nnpc also and arrest minister of the petroleum

26 Likes

Re: Protesters shut Benin’s CBN branch over Naira Scarcity by muykem: 3:31pm On Feb 07, 2023
Coolsperm:
If not for the huge money Tinubu stole Tru bullion van during last election, all this problem will not happen ,
You will not know that you are gradually becoming insane because of Tinubu. You see Tinubu in everything.

58 Likes 9 Shares

Re: Protesters shut Benin’s CBN branch over Naira Scarcity by Ancecoker(m): 4:04pm On Feb 07, 2023
grin
We no go gree o we no go gree


grin grin grin grin grin

3 Likes

Re: Protesters shut Benin’s CBN branch over Naira Scarcity by abobote: 4:04pm On Feb 07, 2023
They should shut the whole country down. This is madness, how can you deposit money in the bank and you can not withdraw

20 Likes 2 Shares

Re: Protesters shut Benin’s CBN branch over Naira Scarcity by gasparpisciotta: 4:04pm On Feb 07, 2023
Emefiele playing his part very well

3 Likes

Re: Protesters shut Benin’s CBN branch over Naira Scarcity by NaijaOlosho(f): 4:04pm On Feb 07, 2023
Thiefnubuu on the run

2 Likes

Re: Protesters shut Benin’s CBN branch over Naira Scarcity by SmartyPants(m): 4:05pm On Feb 07, 2023
Someone once said Nigerians are too docile for revolution. I laughed and told him that when the conditions are ripe you will hear from Nigerians.

28 Likes 7 Shares

Re: Protesters shut Benin’s CBN branch over Naira Scarcity by Ayoola171(m): 4:05pm On Feb 07, 2023
Okay
Re: Protesters shut Benin’s CBN branch over Naira Scarcity by ogatboy(m): 4:05pm On Feb 07, 2023
Everyone should relax, once the 10th reach and no extension, everybody go behave

1 Like

Re: Protesters shut Benin’s CBN branch over Naira Scarcity by Skillsnigeria: 4:05pm On Feb 07, 2023
Hmmm
Re: Protesters shut Benin’s CBN branch over Naira Scarcity by Racoon(m): 4:06pm On Feb 07, 2023
The bank managers and politicians are the main culprits not the central bank.

3 Likes

Re: Protesters shut Benin’s CBN branch over Naira Scarcity by Mandate2023: 4:06pm On Feb 07, 2023
It seems is only the foolish hoebi supporters on nairaland that are in support of dis scarcity........the good thing is everybody is aware that emefiele is behind all dis nonsense and his doing so to frustrate Nigerians......thank God Tinubu immediately spoke out

20 Likes 4 Shares

Re: Protesters shut Benin’s CBN branch over Naira Scarcity by madapcmod: 4:06pm On Feb 07, 2023
CBN started releasing these notes since last year. How come they are scarce? It shows these evil politicians bent on buying their way into Aso rock are amassing the new notes through their cronies in the commercial banks.

APC and Thieefnubu the spirits that kills at night and join the humans to come for condolence in the morning.

Let the politicians free the notes and let them circulate. We must elect a sound mind without any form of inducement.

The recent flop of their Katsina rally gave credence to the blow this redesign is giving their vote buying plans.

February 10th deadline is sacrosanct

6 Likes

Re: Protesters shut Benin’s CBN branch over Naira Scarcity by Houseofglam7(f): 4:06pm On Feb 07, 2023
embarassed
Re: Protesters shut Benin’s CBN branch over Naira Scarcity by abobote: 4:06pm On Feb 07, 2023
SmartyPants:
Someone once said Nigerians are too docile for revolution. I laughed and told him that when the conditions are ripe you will hear from Nigerians.
The person said the truth

13 Likes 2 Shares

Re: Protesters shut Benin’s CBN branch over Naira Scarcity by Kingray10: 4:07pm On Feb 07, 2023
That's channelling the anger to the right direction. grin grin grin
Re: Protesters shut Benin’s CBN branch over Naira Scarcity by Midehi3(f): 4:07pm On Feb 07, 2023
Jubrilv:
MENTION ONE OR TWO BANK THAT WERE ROBBED BY TINUBU DURING LAST ELECTION



Rob ke, he moved the money

3 Likes

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