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Naira crisis sparks riot in Ikorodu, Lagos [PHOTOS/VIDEO]

The rejection of old naira notes (N500 and N1,000) by business owners, commercial vehicle operators and fuel stations sparked a riot in Ikorodu area of Lagos State on Friday morning.

POLITICS NIGERIA reports that the situation created panic among residents of Sabo roundabout.

According to a source, there was shooting as many civil servants and those heading outwards Ikorodu had to make a U-turn for fear of being hit.

“Government buses conveying civil servants all turned and returned to Ikorodu? Itowolo is also not safe. Agric, Ikorodu was (sic) unrest a couple of minutes ago. But it looks calm now from where I stand,” the source said.

Meanwhile, the Lagos State Police Command has confirmed civil unrest in Ikorodu and some parts of the state owing to the current naira scarcity.

This newspaper gathered that a combined security team of men of the Nigerian Army and officers of the Rapid Response Squad (RRS) are presently on the ground.

Watch the video of the Ikorodu unrest here.

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