protest has degenerated into a monster that is threatening the well-being of our society. Lives and limbs have been lost as criminals and miscreants are now hiding under the umbrellaThe Lagos lockdown was imposed after two police stations were torched and a major expressway linking the main port city to the northern and southeastern parts of the country was sealed off. In Abuja, soldiers dispersed protesters who had gathered in various parts of the city.
Police Inspector-General Mohammed Adamu ordered the deployment of anti-riot police to protect lives and property.The demonstrations have cost an estimated 700 billion naira in lost output so far, according to the Lagos Chamber of Commerce and Industry. It called for grievances to be addressed through dialog, and for an end to the series of marches and street blockades that have spread to about half the nation’s 36 states.
Nigeria’s oil industry — Africa’s biggest and the mainstay of the economy — has been unaffected and yields on the nation’s dollar bonds have ticked up since they began, indicating that investors aren’t unduly concerned. “Locals could be scared to go to work and foreigners will fear for the security of their investment,” he said. “This will have a dire impact on the level of economic activity in the country and existing foreign investors could start exiting their position in the capital market.”
It's escalated to a massacre
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