Protesters on Tuesday vandalised automated teller machines in a bank premises in Abeokuta as demonstrations over the scarcity of the new naira notes and Premium Motor Spirit, commonly called petrol, reached Ogun State.
The redesigned three highest denominations of the new banknotes entered into circulation on 15 December, and were scheduled to have replaced the old designs by 31 January as legal tender.
The change, according to central bank governor Godwin Emefiele was introduced to reduce cash in circulation, and tackle currency counterfeiting and terrorism financing among other vices in the country.
However, Mr Emefiele later announced the extension of the deadline by 10 days, saying the extension had been approved by President Muhammadu Buhari.
Protests had broken out in parts of Ibadan in Oyo State last week over scarcity of the new notes, leading to an attack on the office of the governor.
On Monday, the presidential candidate of the ruling All Progressives Congress,…
