It's no longer news that the naira note designing and the policy to render the usage of the old note ineffect have caused loads of uproar among the citizens due to the lack of circulation of the new note before rendering the old one useless. The news that the old note is no longer a legal tender after the president's speech has led many to pour out their grievances upon the street, destroying banks, and financial-related facilities.
Of a truth, the news isn't very exciting, nor would anyone be excited about it, but I strongly believe that the people have approached these issues in the wrong way entirely. Having a protest is definitely a good idea to get your voice heard and make the government aware of how unimpressed we are with the new policy, but mixing such a protest with violence will definitely not solve anything.
In fact, at the end of the day, the government will only send the military to come deal with the protesters causing mania to the society in order to restore peace to it, just like we had a few days ago, and what would have been a medium via which the government would have retraced their steps or given more time to exchange the old note for the new one is now a reason why they'll go ahead with their plans.
https://twitter.com/AllFactsNewsNG/status/1625854539227095040?t=itIQ9qdPtMKfHywSXtHmCw&s=19 The fun fact is that all properties being destroyed won't be a problem for the government or the banks involved, as most damages would be covered by insurance policies. That's just one aspect of it; the government officials don't use the banks in our locality, so destroying the ones we have around us will only make things harder for us, and getting the new note we clamor for will be extra hard to come by.
A typical example of these was on Friday. I was at work teaching the students when I started hearing different gunshots from afar. Not long after that, the school gate was filled with parents who wanted to take their children because the city was in chaos after the speech by the president. I went to the internet to get an insight into what was happening, and what I saw was heartbreaking. Most of the banks I know around me have become a shadow of themselves due to how the protesters destroyed them and even beat up bank staff.
A typical example of these was on Friday. I was at work teaching the students when I started hearing different gunshots from afar. Not long after that, the school gate was filled with parents who wanted to take their children because the city was in chaos after the speech by the president. I went to the internet to get an insight into what was happening, and what I saw was heartbreaking. Most of the banks I know around me have become a shadow of themselves due to how the protesters destroyed them and even beat up bank staffs.
The end result of these is that all banks within my vicinity have closed indefinitely due to the insecurity pose to staff and the bank as a whole. The question now is: who is on the losing side after this happensβthe bank, government, or the people? Of course, everyone will have their share of losses in these happenings, but I believe we, the citizens of the community, are the biggest losers from the turnout of the whole event.
Now we've to travel several miles away from the city before we can get funds because the banks around us have been destroyed by ourselves. With these, I believe the protesters and everyone involved in destroying those properties have gone mad and have let a little lack in these trying times get the best of them till it overwhelmed them to destroying our only source of getting cash.
Personally, I was also upset with the news announcement that renders the old note useless, meaning it's no longer a legal tender; in fact, I withdrew a cash amount of β¦5000($6.6) a few hours before the announcement, and now, after spending some of that cash, I'm left with β¦3,500($4.6) that's useless and couldn't be used for anything.
I believe that just like me, many of the protesters might have the same issue, but I think they're no different from the government with the form or crazy act they just exhibit in destroying all their various avenues of getting cash. I'm sure they might be living in regret of what they've done, but that will not make a difference.
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