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Naira Scarcity: Protests erupt in parts of Lagos

Updated 6 months ago
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New Naira notes
New Naira notes

Reports indicate that protests erupted in certain parts of Lagos on Friday morning, causing significant disruption to commuters due to the ongoing scarcity of the Nigerian currency, the naira.

Protest in Lagos State over naira scarcity

According to The Standard Gazette correspondent, the protests started in Ojota and subsequently spread to other areas, including Maryland, Ketu, Mile 12, and some parts of Ikorodu.

Protesters are believed to have blocked major roads, causing significant traffic congestion, while others reportedly attacked commuters and lit bonfires on the streets. Footage and images shared on social media revealed scenes of chaos, with individuals attempting to flee to safety.

In response to the unrest, Benjamin Hundeyin, a spokesperson for the Lagos police, confirmed that police officers were deployed to the affected areas in order to restore peace.

Hundeyin further stated that the movement of both vehicles and people had since been restored and that security personnel remained on standby to prevent any further disturbances.

In recent days, protests have erupted in several states across the country, including Ogun, Edo, Oyo, and Delta, due to a shortage of naira notes. Unfortunately, these protests have resulted in loss of life, as well as the destruction of various vehicles, banks, and ATMs.

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