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

Major Reason Naira is Constantly Crashing Against Dollar – Reno Omokri

Share
Share
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

“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!”

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Africa Annually Loses $88.6bn to Corruption - ECOWAS
News

Africa Annually Loses $88.6bn to Corruption – ECOWAS

The continent of Africa is said to be losing a minimum of...

Saudi Arabia suspends visa for Nigeria, Egypt, 12 other countries | Daily Report Nigeria
News

Saudi Arabia suspends visa for Nigeria, Egypt, 12 other countries

Saudi Arabia has announced a temporary suspension on issuing new short-term visas...

BREAKING: Protesters Storm Streets In Abuja, Lagos | Daily Report Nigeria
News

BREAKING: Protesters Storm Streets In Abuja, Lagos

A planned protest by the “Take it Back Movement” coincided with National...

Plateau Killings: ACF Demands State of Security | Daily Report Nigeria
News

Plateau Killings: ACF Demands State of Security

The Arewa Consultative Forum (ACF) has demanded a state of security emergency...