Categories: Economy

Reasons Behind Incessant Fall Of Naira Against Dollar – Reno Omokri Explains

 

 

 

Nigerian socio-political activist, Reno Omokri has claimed that the Naira is constantly crashing against the US Dollar due to the huge external debt the country is owing.

 

He accused President Muhammadu Buhari of deliberately enslaving the entire nation, 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, the ex-media aide to former Nigerian President, Goodluck Jonathan, who lamented the level of hardship imposed on Nigerians by some persons in authority, claimed that “Naira is now worth less than the Zimbabwean dollar”.

 

 

The post reads, “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.

 

 

“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.

 

 

“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!”

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Kindly CONTACT US ON 08072633727 📲 whatsApp 📞Also, For your Advert Placement, Media & Publicity, Press Release, Personality Promotion, Special Report, Conference, Interviews, And So On
©VAM News – THE NEWS YOU NEED.
For conveniency, your comfortability, and easy access to the trending and latest info as the news breaks, Kindly DOWNLOAD VAM News @ www.voiceairmedia.com mobile App, Click Link below….https://m.apkpure.com/vam-news-media/com.wVAMNEWSONLINE_8865908

VAM News

Recent Posts

Osun Guber: Defections no threat to APC victory – says Oyintiloye

A chieftain of the All Progressives Congress (APC) in Osun State, Hon. Olatunbosun Oyintiloye, has…

7 hours ago

Adeleke Urges Osun Residents to Ignore Election Rigging Rumours, Vows Free and Fair Poll

Governor Ademola Adeleke has tasked Osun residents and indigenes to ignore rumours and scaremongering about…

10 hours ago

False Kidnap Alarm Sparks Attack on Motorcyclist in Ondo

A commercial motorcyclist in Ore, Odigbo Local Government Area of Ondo State, was brutally attacked…

15 hours ago

Adelabu’s Sister, twin sons rescued

Operatives of the Nigeria Police Force have rescued Mrs. Olaide Busayo Adegoke John-Paul and her…

1 day ago

FULL LIST: What Abductors In Oyo Are Demanding Before Releasing Pupils, Teachers

THE Muslim community in Oyo State has rejected the Sharia-related demands allegedly issued by terrorists…

2 days ago

3,000 Canvassers Inaugurated in Obokun as Osun APC rallies campaign for Oyebamiji

OSUN: The Obokun Local Government chapter of the All Progressives Congress (APC) has inaugurated no…

2 days ago