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Hardship: ‘Stop cursing Tinubu’ – Omokri reveals how Nigerians caused high dollar rate
Reno Omokri, a sociopolitical activist, on Sunday cautioned Nigerians against heaping curses on President Bola Tinubu over the hardship and high dollar rate in the country.
Omokri said Nigerians’ preference of foreign products against locally made goods contributed to the hardship in the country.
He said the exchange rate of the US dollar will not drop until Nigerians opt for locally made products.
Posting on X, Omokri wrote: “You come on the Internet with MTN. You are wearing a $250 human hair wig that was sacrificed in an Indian temple and then shipped to Nigeria as ‘Brazilian’ hair, your clothes come from Italy, your shoes from Spain, and you had Quaker oats from England for breakfast, with eggs from South Africa, which you ate while watching DSTV also from South Africa, and you are heaping curses on Bola Tinubu over the state of the Naira?
“You are the problem with the Naira. You, with your MTN data. High Dollar kpa e mbe! If you are not producing locally or consuming locally and you come to social media to complain, then you don’t yet understand that the Naira has been floated. If you like throw tantrums from now until 2027, the dollar will not come down until you start consuming made-in-Nigeria goods and services.
“If your money is not circulating in made-in-Nigital goods and services, no power on Earth can make your Naira circulate with higher purchasing power. This is about economics. This is not propaganda. Drive with Innoson, Call with Glo, Build with Dangote, Eat with Nasco.”
Dangote Refinery has announced that it will need to export 95-97 percent of its Premium Motor Spirit (petrol) due to low interest from Nigerian marketers. The refinery, which processes 650,000 barrels per day, revealed that only 3 to 5 percent of petrol marketers are purchasing its fuel.
Devakumar Edwin, Vice President of Oil and Gas at Dangote Industries Limited, shared these details during an X Space session hosted by Nairametrics on Wednesday. He highlighted the challenges facing both the Dangote Refinery and Nigeria’s oil and gas sector.
Edwin explained, “I’m selling 2 to 3 percent to small traders who are willing to buy, while the remaining 95 to 97 percent has to be exported,” referring to the local sales of the refinery’s products.
This situation arises as the NNPCL’s deadline for adjusting the Dangote Refinery’s fuel distribution approaches without a clear plan in sight. It is worth noting that while Aliko Dangote, President of Dangote Group, has announced the refinery’s initial petrol rollout, its distribution to marketers is contingent upon NNPCL’s decisions.
The final sixteen teams for the 2024 FIFA U-20 Women’s World Cup in Colombia have been determined following the conclusion of the group stage.
In recent matches, Ghana triumphed over New Zealand with a score of 3-1, and Japan secured a 2-0 victory against Austria.
As a result, Japan has advanced to the Round of 16, joining the other 15 teams in this knockout stage.
The Round of 16 matches are scheduled for Wednesday, Thursday, and Friday.
The full lineup for the Round of 16 is as follows:
- Spain vs Canada
- Brazil vs Cameroon
- Colombia vs South Korea
- Mexico vs USA
- North Korea vs Austria
- Germany vs Argentina
- Netherlands vs France
- Japan vs Nigeria
The Nigerian Army has refuted claims of widespread resignations among its soldiers due to issues like corruption and low morale.
In a statement, Major General Onyema Nwachukwu, Director of Army Public Relations, dismissed these reports as unfounded.
A news outlet had alleged that numerous Nigerian soldiers were resigning because of corruption and low morale. However, the statement condemned these allegations as misleading and a deliberate attempt to create discontent and undermine the Nigerian Army’s reputation and the dedication of its personnel.
Major General Nwachukwu clarified that, similar to other military organizations worldwide, service in the Nigerian Army is voluntary rather than mandatory. This means that personnel have the freedom to resign following established procedures.
He explained that the resignation process allows personnel to prepare and manage their entitlements, including pensions and gratuities, as outlined in the Harmonized Terms and Conditions of Service (Officers/Soldiers).
Contrary to the report’s implications, the statement emphasized that Nigerian Army personnel are highly motivated, and their welfare is a priority under the leadership of Chief of Army Staff, Lieutenant General Taoreed Lagbaja.
We’ll be forced to export 97% of our petrol – Dangote Refinery warns
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