Former presidential spokesman, Reno Omokri, has attributed Nigeria’s current economic challenges to excessive borrowing during former President Muhammadu Buhari’s administration. Omokri stated that Nigeria is facing hardship due to the high level of borrowing, which he claims surpasses that of all previous administrations combined. He highlighted the impact of ending fuel subsidies and floating the Naira as contributing factors to the country’s economic difficulties.
Omokri cautioned against continuous borrowing, emphasizing the need to address the current challenges to avoid passing them on to future generations. He called for a focus on sustainable economic policies rather than borrowing for immediate consumption. Omokri also criticized celebrities who he believes are capitalizing on the situation for personal gain, urging Nigerians to stand with the country and prioritize its interests over political affiliations.
Addressing the issue of supporting local industries, Omokri advocated for the patronage of made-in-Nigeria goods and brands. He argued that supporting local businesses would not only improve the quality of domestic products but also contribute to the country’s economic growth. Omokri encouraged Nigerians to buy Nigerian products as a way of boosting the country’s foreign reserves and improving its international standing.
PM News