A protest reportedly broke out in Abeokuta, the Ogun state capital on Tuesday as residents protested the scarcity of cash and harsh economic situations.

TheNation reports that Aladesanmi, Fajol and Somorin in Obantoko area of Abeokuta were taken over by the protesters, making bonfires and chanting anti – CBN songs.

The Sapon branch of First Bank was also reportedly vandalised as the protesters attempted to set it ablaze.

Ogun Police spokesman, Abimbola Oyeyemi, who confirmed the protest to The Nation, said officers are monitoring the situation to prevent the destruction of property and loss of lives.

Oyeyemi, a Superintendent of Police (SP), said a group of boys were involved, stressing that the Command was studying the protesters to know whether they are Okada riders or not.