Skip to content Skip to footer

BREAKING: Portharcourt Residents Protest Naira Scarcity, Block Ikoku, Mile 1 Axis

A heavy protest is ongoing in Portharcourt, Rivers State as a result of the Naira scarcity.

The protest dwelt around the Mile 1, Mile 2 and Diobu area of Portharcourt, also the Ikoku flyover was not left behind.

A twitter user posted on the morning of friday february 17, saying

Nigeria President Muhammadu Buhari on Thursday ordered the Central Bank of Nigeria (CBN) to allow the old 200 naira notes and redesigned 200, 500 and 1000 naira notes to coexist.

Buhari gave the directive to CBN in a national broadcast aired on national stations.

The president said only the 200 old naira notes will continue to be legal tender till Monday, April 10.

“I have given approval to the CBN that the old N200 bank notes be released back into circulation and that it should also be allowed to circulate as legal tender with the new N200, N500, and N1000 banknotes for 60 days from Feb. 10, 2023 to April 10 2023,” Buhari said.

Another online user, Jollof not Rice @I_MIsaacMatthew

Show CommentsClose Comments

Leave a comment