At least three banks were torched on Monday as protest over scarcity of new naira notes rocked the Sagamu area of Ogun State.
The police spokesperson in the state, Abimbola Oyeyemi, confirmed the development in a telephone chat with Channels Television.
According to him, Union Bank, First Bank and Keystone Bank branches were attacked by protesters on Monday.
He, however, said policemen have been deployed to the area to quell the situation.
“We are in Sagamu now. The place is seriously burning,” Oyeyemi said. “They attacked Union Bank and First Bank as well as Keystone Bank. We are there right now.”
Similar protests broke out across states in Nigeria amid scarcity of new naira notes and petrol. Banks and Automated Teller Machines (ATMs) were vandalised by aggrieved citizens whose moneys are trapped in the banking system