If Naira should depreciate again, the Problem is Buhari- Omokri

Former aide to Ex-President Goodluck Jonathan on electronic media, Reno Omokri has said that should the Naira depreciate now that the President is back after having appreciated while the Vice President, Professor Yemi Osinbajo was acting as President when Buhari was abroad for medical attention, then Nigerians will know that the problem rocking the country’s currency is President Muhammadu Buhari himself.

Omokri gave the statement in a series of tweets on Monday being the day President Buhari resumed office after close to 50 days absence from both office and the country, Vanguard reports.

Credit: herald

According to Omokri, “Naira appreciated from ₦520 to $1 to ₦455 to $1 under Osinbajo Acting Presidency. If it depreciates, then we’ll know that the problem is PMB.”

The Nigerian currency had on Monday gained three points to exchange at N460, from N463 posted on Friday, while the Pound Sterling and the Euro closed at N550 and 476, respectively. At the Bureau De Change (BDC) window, the Naira was sold at N399 to a dollar, CBN controlled rate, while the Pound Sterling and the Euro traded at N547 and N482, respectively.

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