In January 2021, the Nigerian Naira was ₦357 to $1. Today, it is ₦570 to $1. So, if you were saving money in banks, you were actually losing money each month. In 2022, find a way to immediately change every Naira you earn to dollar. Because, the Naira won’t go up in value until Buhari goes down from power!
Nigeria’s debt has already increased from ₦12 trillion in 2015, to ₦40 trillion today. And The Buhari government has just announced plans to borrow an additional ₦12 trillion in 2022. With this type of debt overhang, the Naira can’t go up even if Buhari gives it viagra!
© Reno Omokri
