JUST IN: Agege boils as hoodlums protest Naira crisis

Angry youths, on Friday, disrupted vehicular movement in several parts of Agege as tension continues to grow over the scarcity of the newly redesigned N500, and N1,000 currency notes.

Civil unrest was witnessed around Oke-Koto, Sofunde and Agbotikuyo areas of Agege.

Protesters, majorly youths, blocked main roads and set up bonfires in affected areas.

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Recall that the Central Bank of Nigeria (CBN), last December, introduced the new notes amid efforts to fight corruption, terrorism, counterfeiting and related crimes. However, Nigerians have had a hard time getting the new notes amid scarcity and rising tension across the country.

Before this morning, there had been violent protests in some states in South-west Nigeria.

There were violent protests in Oyo and Ondo states on Wednesday.

An interim order from the Supreme Court of Nigeria restraining the CBN from enforcing its 10 February deadline for the use of the old naira notes seemed not to have worked, as the old N500 and N1,000 notes were being rejected by many individuals and businesses across the country.

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