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Home | Major Reason Naira is Constantly Crashing Against Dollar – Reno Omokri

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Major Reason Naira is Constantly Crashing Against Dollar – Reno Omokri

Daily Report Nigeria
Daily Report Nigeria
Published: June 15, 2025
Last updated: June 15, 2025
2 Min Read
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Reno Omokri, an ex-media aide to former president Goodluck Johnathan, has attributed the constant crashing of Naira against the US Dollar to the huge external debt the country is owing.

The Socio-political activist accused President Muhammadu Buhari of deliberately enslaving Nigeria, alleging that “Buhari has borrowed your destiny and spent it building a $2 billion railway in Niger Republic”.

In a recent post on his Facebook page, Omokri said: “In case you don’t know why the Naira is ₦575 to $1, and may soon become ₦1000 to $1, it is because Buhari has increased our total national debt from ₦12 trillion in 2015, to ₦35 trillion today. Things are so bad that even Pastor Adeboye complained about our debt position.

Also Read: Nigeria’s N35trn Debt Profile is Unsustainable For Economy; NECA

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“Please Google it. Pastor Adeboye was venting his frustration about our debt to his friend. This shameless bambiala called Buhari has borrowed your destiny and spent it building a $2 billion railway in Niger Republic. Wake up and smell the coffee.

“You and I here can afford to eat, but there are millions going to bed empty because their Naira can no longer buy anything tangible. The Naira is now worth less than the Zimbabwean dollar.

Also Read: Buhari Calls For Debt Cancellation At UN General Assembly

“If that is okay by you, it is not okay by me. I will fight this man every step of the way until he stops borrowing our destiny away!”

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