Listen to this articleProtesting youths on Friday vandalised a Wema Bank in Ibadan, Oyo State, over the scarcity of naira being experienced throughout the country.
An irate mob barricaded main areas like Iwo highway, Gate and different routes in Ibadan North East native government space.
A video making the rounds on-line shows a crowd hurling objects on the financial institution constructing resulting in the destruction of the home windows and doorways.
Some of the annoyed youths had been heard shouting in Yoruba language: “lori owo wa” which interprets regardless of being our cash.
Watch the video under:
Meanwhile President Muhammadu Buhari appealed for 7 days grace to resolve the naira shortage subject.
Presidential aide, Garba Shehu, in a press release on Friday, said Buhari’s request is sequel to a gathering he held with members of the Progressive Governors Forum on the State House.
He gave indications that he would within seven days resolve the money crunch plaguing Nigerians because of the coverage of the Central Bank of Nigeria to alter high-value Naira notes with new ones.
He indicted some financial institution administration, saying, “Some banks are inefficient and only concerned about themselves, even if a year is added, problems associated with selfishness and greed won’t go away.”
Buhari added; “I will revert to the CBN and the Minting Company. There will be a decision one way or the other in the remaining seven days of the 10-day extension.”
