“No amount of protest can bring down the exchange rate of the Naira from N1600 to $1.
“Even if [President] Tinubu returns to Nigeria and 130 million Nigerians still spend $20 million daily on MTN, Airtel and DSTV, the Naira will continue to fall.
“That money is going to South Africa and India. Meanwhile, nothing is coming from there to us.”
Above sentiments were expressed by a former presidential aide, Reno Omokri, to the rash of protests in Ibadan, Oyo State, which broke out on Monday over the high cost of living in the country.
Omokri wrote on his X handle: “This is not about gragra. Our typical Nigerian aggressiveness will not work here.
“There is only one solution.
“Drive Innoson
“Call with Glo
“Build with Dangote and BUA
“Eat with Nasco
“Drink Zobo
“Celebrate with palm wine
“Shop at local markets
“Watch Enyimba and Kano Pillars
“See Nollywood movies at Silverbird
“Wear aso oke, agbada, babanriga, or isi agu
“If you like, use your MTN line to insult me. You are just making things worse for yourself.
“It is not bad governance that is causing Naira to fall. It is bad consumption. There is no other way for the Naira to appreciate except we #GrowNairaBuyNaija”