Following the Public outrage over the recent exchange rate of the naira at the official and unofficial market, Remo Omokri, a former aide to former President Goodluck Ebele Jonathan, Wednesday, said that the naira would have not depreciated if Peter Obi had been elected as President.
According to him, Peter Obi and the 2023 presidential candidate of the Peoples Democratic Party, PDP, Alhaji Atiku Abubakar, during a campaign interview hinted at floating the naira.
While reacting to Peter Obi’s supporters’ new 1GBP trend, Omokri in a post on X handle, formerly known as Twitter, said that the LP candidate wouldn’t have done things differently.
His post reads, “Supporters of Peter Obi, who are now trending 1 GBP, what exactly is your point? The Naira is being floated. Bola Tinubu, Waziri Atiku Abubakar and Peter Obi all said that they were going to float the Naira. So, what exactly are you trying to claim? That the Naira would not have depreciated under Peter Obi? That is a bloody lie.
“The Naira under Buhari was heavily subsidised to the tune of $1.5 billion a month. Sometimes more. Do you know what floatation means? It simply means the government has stopped intervening to prop up the value of your currency artificially and has instead allowed market forces to determine its value.
“It is the height of Gbajue to now say Peter Obi would have done things differently. There is no different way to float. You either float a currency, or you artificially peg it. So, please stop using lies to sow discord amongst Nigerians because your candidate lost an election he had no hope of winning. Nigeria will not collapse because Obi did not win!”
