Former presidential aide and activist, Reno Omokri, has revealed that he would ban the importation of human hair if he were the President of Nigeria.
He made this statement in a post on his Instagram page while addressing the consistent increase in the exchange rate as the Naira continues to depreciate.
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According to Reno, Nigerians spend a lot on foreign products and import basic items instead of patronizing Nigerian-made products, causing the Naira to continually lose value.
He asserted that Nigeria imports a lot of human hairs and wigs, even more than books, which are paid for in foreign currency, thereby causing the government to shell out thousands of dollars.
To curb this, Reno stated that if he were the sitting president, Bola Ahmed Tinubu, he would ban the importation of human hair to keep the money in the economy.
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He also cited examples of Nigerians booking international flight companies and consuming foreign-made alcohol in clubs.
Read his full post below,
“The Naira is a reflection of the Nigerian. Look, the Central Bank of Nigeria just paid a billion dollars to foreign airlines. Those are airlines flying the same route as Air Peace. Do you know that if you and I, as Nigerians, had flown Air Peace instead of foreign airlines, that $1 billion would have stayed and circulated in Nigeria? And when dollars and pounds stay in Nigeria, the Naira rises in power. If they leave Nigeria, our Naira goes lower and lower.
The Central Bank had to cough up $200 million to pay for human hair, as if God did not give our women hair. This is hair that Indian, Bangladeshi, and Southeast Asian women cut and dedicate to their temples. They then barely process the hair and label them Brazilian, European and Peruvian hair, and our women rush to buy them, wear them, and shake the hair angrily to accuse Tinubu of ruining the economy. If I were Tinubu, I would ban the importation of human hair. Fact-check this, as a nation, Nigeria spends more on human hair than on books.
The Naira is now our collective responsibility. When you go to Quilox to spend #5 million on Moét, Louis XIIl Cognac, and Glenfiddich, then post your receipt on social media, you are putting downward pressure on the Naira.
Containers on the high seas coming to Nigeria with things we can produce in Nigeria are killing the Naira. There is no magic wand. If we don’t band together to stand together and buy made in Nigeria, the Naira will continue to go asunder!”
See below,
