Naira Scarcity: Gov Sanwo-Olu Calls For Calm Over Protests In Lagos

Forum 1 year ago

Naira Scarcity: Gov Sanwo-Olu Calls For Calm Over Protests In Lagos

Gov Babajide Sanwo-Olu of Lagos state has called for peace following the ongoing protests rocking different parts of the nation's commercial capital.

The governor made this known in a press release on Friday signed by the state Commissioner for Information and Strategy, Gbenga Omotoso, saying there is no need for violence

The governor assured that he was on top of the matter to ensure that the hardship caused by the naira redesign policy of the Central Bank of Nigeria did not persist.

The statement read, “The Lagos State Government has noted with deep concern the protests in some parts of the state this morning.

The protesters are said to be angry over the naira redesign and its consequent scarcity that has caused so much hardship and confusion among our people.

“Governor Babajide Sanwo-Olu believes there is no need for violence as the Supreme Court is looking into this controversial matter and will make its position known on February 22.

“Lagos State has since joined the legal dispute – all in the interest of our people – in the belief that the highest court in the land has the capacity to adjudicate on the matter. The fuel situation is easing following some steps taken by the government.

“The government praises Lagosians for showing understanding, despite the pains that the Federal Government’s measures have brought. Residents should continue to be law-abiding by shunning any form of incitement by mischief makers. Mr. Governor is working with his colleagues to ensure that this hardship does not go on.”

TORI reported earlier on Friday that protests had broken out in various parts of the state over the hardship caused by the naira redesign policy and the inability of residents to access the new notes.

Areas like Lagos-Ikorodu Road, Agege, Iyana-Ipaja, Igando, were all involved in violence that rocked the state.

It was also reported that in the Epe area, some hoodlums had used the opportunity of the naira crisis to cause mayhem and destroy some banks, although the police had said they were on top of the situation.