Protesters Reportedly Shutdown Lagos-Abeokuta Expressway Over Inability To Withdraw Cash

Written by on February 14, 2023

Protesters on Tuesday reportedly shut the Lagos-Abeokuta Expressway at the Sango-Ota axis over their inability to withdraw money from Automated Teller Machines (ATMs).

According to information gathered, the protesters made bonfires of disused tyres on both sides of the highway causing serious traffic gridlock.

Some of the protesters, while speaking to newsmen, said that the current cash crunch had created serious pains and agonising moments. The leader of the protesters, Mr Kazeem Sanni described the situation where bank customers could not access their money as unfortunate.

He said it had been double jeopardy for bank customers as the banks would neither load their ATMs with money nor allow depositors into the banking halls to make withdrawals. He called on the CBN to urgently print more new notes and ensure that banks comply with its directives.

A protester, Mr Rotimi Odubanjo, noted that the inability to withdraw money from banks had inflicted untold discomfort on the people.He said the twin scarcity of fuel and money had crippled economic activities and was leading to hunger.

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