Coffin-Bearing Activists Protest the Introduction of N5, 000

The planned introduction of N5,000 note by the Central Bank of Nigeria received further knocks on Monday as rights activists carried coffin round Agege area of Lagos to protest the policy. According to them, the coffin signified the rejection and death of the policy.

They passed through major roads and streets singing solidarity songs and waving placards.

The placards bore inscriptions such as “Nigerians do not need N5,000 note”, “Jonathan! Nigerians say no to N5,000 note; it is evil”, “Nigerians are wiser than Jonathan and his team”, “Sanusi – Mr. Central Bank; we thought you were wise”, among others.

The leader of the team, Mr Ihekaire said, “The Federal Government wounded the masses through its ‘wicked’ fuel price hike, now is an attempt to bastardise our currency with no recourse to the masses. “Who told them that currency printing is the masses’ desire? I submit that this administration is lazy, wicked, callous and insensitive to the yearnings of the masses”, he said.