Social commentator, Reno Omokri, has explained why Nigeria has been difficult since the beginning of 2024. He said this in a tweet on his official X page.
Omokri wrote: “Things are hard in Nigeria because fuel subsidy has been ended, and the Naira has been floated.
“We cannot keep borrowing to consume. Please fact-check me. If we keep borrowing, we will only pass the hardship to our children. Let us bear it now and pass prosperity to the next generation”.
On solutions to the issues, Reno said: “Nobody is coming to save Nigeria. It is only Nigerians that will save Nigeria. Local brands may or may not be as good as foreign ones, but with continued patronage, they will improve in quality.
“Buy them, and your Naira will rise along with your personal happiness and the international rating of the green Nigerian passport. Your value is tied to Nigeria’s value. Buy Nigerian and Nigeria’s foreign reserves, trade balances, and debt to GDP ratio will automatically improve.”
