“I support this policy”: Reno Omokri backs subsidy removal amid hardship

Jasper Chinedu Last Updated: February 20, 2024

“I’m Not for Tinubu”: Reno Omokri Backs Subsidy Removal, Reveals Only Solution To End Hardship – TheTalk.NG

Reno Omokri has expressed support for President Bola Tinubu’s administration as hardship bites harder
The PDP chieftain explained the fuel subsidy removal and Naira float policy by Tinubu’s government
Omokri stated that the only solution for Nigeria to escape further economic woes is to produce its goods, buy and sell it

Omokri reveals a way out of economic hardship

“What this administration did was to end that subsidy and float the Naira, meaning that the market forces of demand and supply will now determine the value of the Naira. Arise Peoples Party knows that many Nigerians are economically illiterate, like you. So, they are counting on your ignorance and using it to ship your sentiments into a frenzy.

“If Nigerians were using the subsidised dollars to develop Nigeria, maybe it would have made sense for it to continue. But what were we using it for? $20 million a day on MTN and Airtel instead of Glo, which is wholly Nigerian. $1.5 billion per annum to gamble with foreign bookies. £25 million on Scotch whiskey. $75 million on champagne.

“I am not for Tinubu as a person, but I support this policy. And not only me. All major Presidential candidates, except Kwankwaso, agreed to float the Naira. The only way out of our present economic hardship is #GrowNairaBuyNaija.”