Reno Omokri, a former aide to ex-President Goodluck Jonathan, has urged Nigerians to support local products and services to boost the naira’s value.
He said the naira’s depreciation to N1,348 per dollar was not the fault of President Bola Tinubu, but the result of the naira being floated, meaning its value is determined by market forces.
He said the government no longer fixed the naira’s value, and that all the major presidential aspirants, except Kwankwaso, supported this policy. He said the only way to make the naira appreciate was to buy more Nigerian-made goods and services.
He said Nigerians were partly to blame for the naira’s weakness, as they spent $20 million daily on MTN and Airtel, two foreign-owned telecom companies.
He said this was like sending one’s wife to shop at the neighbour’s house and expecting one’s child to look like oneself.
He said telecom and internet services were the most consumed goods and services in Nigeria, and that if Nigerians switched to Glo, a Nigerian-owned company, the naira would rise faster than a man’s excitement at seeing a beautiful woman at the beach.
He said Nigerians should not be surprised at the state of the naira when they were sending their money to South Africa and India, two countries that hardly bought anything from Nigeria.
He said the only thing Nigeria was known for in those countries was crime, as their prisons were full of Nigerians. He challenged anyone to verify his claims.
