Situation Report On the Nigerian-Naira; The Naira is now floating-Reno Omokri

As we all know, the Naira is now floating. That means the Central Bank of Nigeria is no longer defending it with $1.5 billion monthly as we have been doing for the last 40 years. Situation Report.

Listen to me, The laws of demand and supply are now responsible for its value. If you and I want a strong Naira, we must defend the Naira with our consumption habits.

Also If you are not using Glo, don’t come on social media to insult Tinubu. You can’t be part of those sending $20 million to South Africa and India daily through MTN and Airtel and blaming Tinubu for what your actions caused.

Read More: Supreme Court verdict, calls for action and expectations from President Tinubu

Situation Report

We should Insult Tinubu with Glo so the Naira can blow! Which country can have a strong currency if its people are crazy enough to spend $20 million on a foreign service that can be provided locally?

However Isn’t it funny that a person goes on TV dressed entirely in foreign-made clothes from head to toe and proceeds to lambast Tinubu for the drop in the value of the Naira? We do not seem to understand cause and effect.

For instance Imagine your father has a farm, and you don’t water it. But you water your neighbor’s farm. Yet you criticize your dad for not having a bountiful harvest.

Tell me Does that make sense? Every time you spend your money on a foreign product, you are watering your neighbor’s farm. Shoe from Italy, shirt from Hungary, tie from Germany, suit from Turkey, and the only thing you have for Nigeria is your criticism. How won’t the Naira fall? Table Shaker.

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