A former presidential aide, Reno Omokri, has told Nigerians their protests would amount to nothing unless they switched to patronising local products.
According to him, growing the naira means that citizens must start increasing their naira’s purchasing value.
Omokri, who acknowledged that Nigeria as a country is broke, accused the administration of Buhari of borrowing “more than Tafawa-Balewa, Ironsi, Gowon, Murtala, Obasanjo, Shagari, Babangida, Shonekan, Abacha, Abdulsalami, Obasanjo, Yar’adua and Jonathan combined.”
The social commentator added that the immediate past president went as far as borrowing in “Nigeria’s name to build railways for Niger Republic.”
“The only way to have sustained fuel subsidy and the subsidised Naira rate is to continue borrowing,” he added in a post on X. But from where and who? Google it. There is a homelessness crisis in England and Canada. There is an economic recession in the UK and Japan. The EU is struggling. China’s economic growth has slowed. The wars in Ukraine and Gaza have upended the global economy, coupled with the migrant crisis in the UK and the worldwide supply chain crisis. If you don’t buy made-in-Nigeria, you will protest tire, and the pound will reach ₦5000,” Omokri posted.
Nigerians are currently going through untold economic hardship, with many families unable to afford basic commodities, including food staples. The situation has led to protests in some parts of the country.
Peoplesmind reported that angry youths in Oyo State hit the streets to protest the high cost of living, food inflation and the current economic hardship in the country.
Peoplesmind