Governor Babajide Sanwo-Olu and the Lagos State Government has observed the tension caused by the slow release of cash through Automated Teller Machines (ATMs) and within banking halls.
This is according to a statement by the Lagos State Commissioner for Information and Strategy, Gbenga Omotoso made available to Oyo News.
Governor Babajide Sanwo-Olu on Friday, joined a delegation that met with President Muhammadu Buhari in Abuja to deliberate on measures to remove the hardship caused by the scarcity of the new currency.
Mr. Sanwo-Olu urged residents to remain calm as the government is doing everything possible to normalise the situation.
The Central Bank of Nigeria (CBN) has promised to put measures in place to ensure residents have access to currency notes released to banks.
Earlier in the week, a massive protest erupted in Marina, Lagos Island, Lagos, over the non-availability of the new naira notes and the suffering of the masses.
Scarcity of the new naira notes has spread across Nigeria with Nigerians groaning due to inability to access money to purchase food, transportation and other essentials.
The ATMs are dry and the banks are not given out the new notes.