Gov. Adeleke tasks Banks on New/Old Naira notes

The Executive Governor of Osun State, Senator Ademola Adeleke has warned commercial banks operating in the state against hoarding of new naira notes and rejection of old naira currency. In a statement issued on Wednesday signed by the spokesperson to the Governor, Mallam Olawale Rasheed reads: “The State Governor lamented the pain and suffering of…

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Tension hits Ibadan as angry protesters block roads over cash shortages

Angry bank customers burned tyres and blocked streets in Ibadan on Wednesday in protests over the scarcity of naira cash.SAHEL gathered that the protesters first converged on the Eleyele junction, in the Ibadan North West Local Government Area of the state. The protesters blocked the ever-busy Eleyele-Ologuneru-Eruwa road, causing gridlock around the Eleyele-Ijokodo-Sango-Poly road.A similar…

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Gbajabiamila discloses those behind naira, fuel scarcity

The Speaker of the House of Representatives, Mr Femi Gbajabiamila, has ascribed the current fuel and naira scarcity to the activities of saboteurs.He said this in Lagos on Tuesday, during the launching of the second phase of a transport initiative called “Gbaja ride.” The News Agency of Nigeria reports lthat 35 low-fare buses that would…

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