Sunday, August 23, 2026

Angry protesters burn down banks in Delta over crippling naira scarcity

Videos seen by Peoples Gazette showed a burning First Bank building and at least three ATMs already destroyed by the angry demonstrators.

• February 15, 2023
Burnt banks
Burnt banks

Some irate protesters on Wednesday set ablaze some commercial banks in Warri, Delta state over the persisting scarcity of the redesigned naira notes.

Videos seen by Peoples Gazette showed a burning First Bank building and at least three ATMs already destroyed by the angry demonstrators.

A signpost bearing the name and elephant logo of First bank was also vandalised in the chaotic protest.

Another video showed thick puffs of smoke billowing near an Access Bank facility with demonstrators scattered across the street. They also erected barricades on the roads to block passage of cars and vehicles.

Union Bank on Udu road in Warri was not exempted as aggrieved youths unleashed violence on the bank’s facility in frustration of the scarce new notes.

Campaign billboards for PDP’s Atiku Abubakar and David Okowa’s presidential bid were angrily defaced by the protesters. 

Sirens that signalled the arrival of security agents did not faze the protesters who remained defiant and made no attempt to flee.

Spokesman for the Delta State Police Command, Bright Edafe, says nine persons have been arrested for the arson and vandalism of the banks.

“In UDU LGA of Delta State, some unguided youths/miscreants in the name of protest have set two banks and two vehicles ablaze. We have arrested nine suspects so far.”, Mr Edafe wrote in a tweet. “Some persons will still call this protest.”

The Supreme Court on Wednesday adjourned until February 22 the hearing of a suit that sought a restraining order on the Central Bank of Nigeria (CBN) to stop the full implementation of the naira redesign policy.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Fire incident

States

Mother, three children die in Yobe fire outbreak 

The statement said that surviving household members were left homeless and in profound distress.

Governor Lucky Aiyedatiwa

Sport

Gov. Aiyedatiwa appoints chairman for Ondo sports council

The governor said the appointments were part of efforts to reposition sports development in the state.

Nigerian Copyright Commission (NCC)

NationWide

NCC @37: Commission honours five former DGs, 12 retired directors

Mr Ekpo said Mr Obasanjo provided free land that enabled the commission to carry out an expansion programme.

Governor Abba Yusuf of Kano State

Faith

Emir of Rano to lead Kano pilgrims for 2027 Hajj: Gov. Yusuf

The CPS said that the emir and the emirate thanked the governor for the singular honour.

Troops

Heading 2

Troops kill one suspected kidnapper, arrest two others in Benue

Mr Zubairu noted that the other members of the group fled in disarray.