Governor Babajide Sanwo-Olu appealed to Lagosians on Friday to refrain from protesting the cash swap policy.
He stated that the government was working to alleviate the hardships caused by the rejection of old notes and the scarcity of new notes in the state.
He urged aggrieved Lagosians to wait until the Supreme Court rules on the contentious matter on February 23, and expressed sympathy for the hardship caused by the policy.
Sanwo-Olu, in a statement on Friday, by Commissioner of Information and Strategy, Gbenga Omotoso, said: “The Lagos State Government has noted with deep concern the protests in some parts of the state this morning.
“The protesters are said to be angry over the Naira redesign and its consequent scarcity that has caused so much hardship and confusion among our people.
“There is no need for violence as the Supreme Court is looking into this controversial matter and will make its position known on February 22.
“Lagos State has since joined the legal dispute- all in the interest of our people – in the belief that the highest court in the land has the capacity to adjudicate on the matter.
“The fuel situation is easing following some steps taken by the government.
“The government praises Lagosians for showing understanding, despite the pains that the Federal Government’s measures have brought. Residents should continue to be law-abiding by shunning any form of incitement by mischief makers.”