Naira crisis

Naira Crisis: Governors Set Tuesday Deadline For Malami And Emefiele To Comply With Supreme Court Ruling

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State Governors have given Malami, Emefiele Tuesday ultimatum to obey the Supreme Court order on Naira redesign. The state governments threatened to file contempt charges against the two top officials. It’s over one week since the apex court handed down the order, the AGF and the CBN have kept mum over the verdict. EKO HOT … Read more

Naira Crisis: ‘Channel Your Anger To The Right Source’ – Shehu Sani Tells Govs

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Shehu Sani has urged Governors to direct their frustration to the right source over Naira scarcity. EKO HOT BLOG reports that Senator Shehu Sani, a former Kaduna Central lawmaker, has advised state governors on what needs to be done to address the country’s prevailing naira scarcity. Senator Sani said on Saturday that the governors should … Read more

Naira Crisis: NASS Told To Sack Buhari Immediately

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The National Assembly has been told to impeach President Buhari. The call is coming following Buhari’s refusal to obey the Supreme Court judgment on the Naira redesign.  The group also called for the management and heads of all the banks in the country to be prosecuted. EKO HOT BLOG reports that the Southern Nigeria Peoples … Read more

Naira Crisis: ‘Tinubu Will Gain Votes Out Of Sympathy’ – APC Chieftain

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Tinubu

A Chieftain of the APC has pointed out that Tinubu would benefit from the Naira Crisis. Tinubu previously stated that the redesign was aimed at reducing his chances at the polls. According to the APC Chieftain, the Nigerians would vote for the candidate out of sympathy. EKO HOT BLOG reports that the All Progressives Congress … Read more

Police Issues Stern Warning To Protesters Over Attacks On Banks

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Police have issued a sterned warning to protesters over attacks on bank facilities. Police have warned that anybody caught attacking banking facilities “will be treated as an armed robber.” The Force spokesman Olumuyiwa Adejobi warned Nigerians to remain calm as defaulters would be dealt with. EKO HOT BLOG reports that the Nigeria Police Force has … Read more

Naira Crisis Sparks Riot In Ogun Communities [PHOTO]

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Ogun protests

Riots have spread to Ogun communities as naira woes worsen. The protesters barricaded the Mowe end of the Lagos-Ibadan Expressway and turned back motorists and travellers. The protesters reportedly resisted police intervention and threatened to set the police station in the area ablaze. EKO HOT BLOG reports that riots on Friday spread to Ogun communities … Read more

Naira Crisis: Angry Mob Sets Access, Union, First Bank Ablaze In Delta [PHOTOS]

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  • An angry mob has reportedly burned down Access Bank, Union Bank, and First Bank in Delta.

  • The protest started peacefully on the streets of Udu before it turned violent.

  • Also, in Oyo and Osun, there have been violent protests over the scarcity of fuel and the new naira notes.

EKO HOT BLOG reports that Some hoodlums who joined protesters on Wednesday set ablaze Union, Access Bank, and First Bank branches in Udu area of Warri, Delta State.

The protest against the scarcity of the new Naira notes began on the streets of Udu before it turned violent, resulting in the burning of buildings by some hoodlums.

EDITOR’S PICKS 

In the South-west states of Oyo and Osun, there have also been violent protests over the scarcity of fuel and the new naira notes.

On Wednesday, Governor Samuel Ortom of Benue State asked the Federal Government to review its Naira policy “before the situation gets out of hand.”

FURTHER READING

According to him, “this is the worst policy done by the Federal Government.”

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