Naira scarcity: Bayelsa residents protest rejection of old N500, N1,000 notes

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Residents of Yenagoa the Bayelsa State capital came out on the streets to protest against the rejection of the N500 and N1000 old naira notes by traders and residents in the state.

The protesters mostly women and youths lamented that they have been passing through untold suffering on account of the rejection of the currency in spite of the fact that commercial banks are issuing the same old notes to their customers.

The visibly angry protesters blocked major roads, including Senator Melford Okilo Road bringing vehicular movement to a halt.

A trader, Madam Beatrice Addiete, decried a situation where banks are giving old naira notes but refused to accept deposits of the old naira note from customers.

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