Author, social media influencer and a former presidential aide, Reno Omokri, has warned that protests by Nigerians over inflation and the concomitant hardship would amount to nothing unless they start to to patronise local products.
According to him, growing the naira means that Nigerians must start increasing the currency value by purchasing local goods.
Omokri acknowledged that Nigeria as a country is broke. He accused the administration of Ex-President Buhari of borrowing “more than Tafawa-Balewa, Ironsi, Gowon, Murtala, Obasanjo, Shagari, Babangida, Shonekan, Abacha, Abdulsalami, Obasanjo, Yar’adua and Jonathan combined.”
The former presidential aide further that the immediate past president [Muhammadu Buhari] went as far as borrowing in “Nigeria’s name to build railways for Niger Republic.”
“The only way [left] to have sustained fuel subsidy and the subsidised Naira rate is to continue borrowing,” he stated via 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 stated.