Chief Obi Akwiwu @ObiAkwiwu - Twitter Profile

Raid On EFCC Offices: Secret Police, DSS Carts Away Files, Flash Drives Of Nigerian Ex-Governors, Others Under Investigation, Tells Anti-Corruption Body, EFCC To Hands Off Political Cases | Sahara Reporters https://t.co/8r1YjuMaMz

SaharaReporters's tweet photo. Raid On EFCC Offices: Secret Police, DSS Carts Away Files, Flash Drives Of Nigerian Ex-Governors, Others Under Investigation, Tells Anti-Corruption Body, EFCC To Hands Off Political Cases | Sahara Reporters https://t.co/8r1YjuMaMz https://t.co/XQSD2jiXj6

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ObiAkwiwu retweeted

Reno Omokri

@renoomokri

over 3 years ago

How Floating The Naira Benefits You When the Central Bank of Nigeria used to set the value of the Naira and defend that value by artificially pumping Dollars into the market, you, as an ordinary citizen, did not benefit. It was another fuel subsidy. But this time, the subsidy recipients were importers and people who wanted to ferry money out of Nigeria. Last year, the CBN was projected to have spent $8 billion to defend the naira's value artificially. The year before, it spent almost $9 billion. That is more than what Nigeria spends on infrastructure annually. And that money just flies out of our economy, benefiting traders and foreign investors rather than manufacturers. It dissuaded local manufacturing of made in Nigeria goods and services because it almost guaranteed that imports would be cheaper. That is why Aliko Dangote had to close his tomato paste factory in Kano because Peter Obi (the single biggest individual importer of consumables in Nigeria) could always import and sell cheaper, substandard tomato paste at his Next Stores. All that will gradually end with the floating of the Naira. Our reserves will no longer be used to defend the Naira. Those who wish to take Dollars, Pounds, Euros and Yuan out of the country can look for it where they can legally find it. Anywhere except the Central Bank of Nigeria. Our reserves will be used to defend local production instead of foreign consumption. The price of goods in Peter Obi's Next Cash and Carry will rise because they are almost 100% imported. The price of locally manufactured goods, like Innoson Vehicles, and Dangote Tomato paste, will also rise, but not at the same rate as imported goods will increase. But you, as a citizen, will gain because the money previously used to defend the Naira will now instead be used to pay Nigerians a living wage, build infrastructure, and service the proposed student loans, amongst other things. All those who became overnight billionaires by using their political influence to buy Dollars at the CBN rate and round trip it back to Bureau de Change to sell to you at parallel market rates have lost their parasitic business. To sustain their lifestyles, they now have to work or go broke. It is a win-win scenario. That is why nobody who loves Nigeria should attack or oppose this patriotic policy that all major Presidential candidates, except Rabiu Musa Kwankwaso, promised to implement. It is not Tinubu's idea. It is the right idea! #TableShaker

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ObiAkwiwu retweeted

Reno Omokri

@renoomokri

over 3 years ago

On May 29, 2015, when President Goodluck Jonathan handed over the Presidency of Nigeria to General Buhari, the nation's Gross Domestic Product was $509.9. Please do not take my word for it. Verify it by yourself. In 2023, as General Buhari prepares to hand over the Presidency to Asiwaju Bola Tinubu, our Gross Domestic Product is an estimated $450 billion. From the above, General Buhari's statement in his so-called farewell broadcast to the nation, in which he said, “I am confident that I am leaving office with Nigeria better in 2023 than in 2015", is a very provocative and blatant lie. In 2015, we only had a national security threat from Boko Haram. Today, we have national existential threats from Boko Haram, bandits; and unknown gunmen, amongst others. In 2015, the Naira was ₦199 to $1. Today, it is ₦750 to $1. In 2015, our total foreign debt was $10.7 billion. Today, it is almost $50 billion. In 2015, Nigeria was 136 in Transparency International's Corruption Perception Index. In 2023, we are 150. So, precisely in what area of our national life has Buhari made 'Nigeria better in 2023 than in 2015'? The only thing we can now say to General Buhari is that you were a mistake, and may you go and may your like NEVER return to power to afflict us again. In Yeshua's Name, I pray. #TableShaker

renoomokri's tweet photo. On May 29, 2015, when President Goodluck Jonathan handed over the Presidency of Nigeria to General Buhari, the nation's Gross Domestic Product was $509.9. Please do not take my word for it. Verify it by yourself. In 2023, as General Buhari prepares to hand over the Presidency to Asiwaju Bola Tinubu, our Gross Domestic Product is an estimated $450 billion.

From the above, General Buhari's statement in his so-called farewell broadcast to the nation, in which he said, “I am confident that I am leaving office with Nigeria better in 2023 than in 2015", is a very provocative and blatant lie.

In 2015, we only had a national security threat from Boko Haram. Today, we have national existential threats from Boko Haram, bandits; and unknown gunmen, amongst others.

In 2015, the Naira was ₦199 to $1. Today, it is ₦750 to $1. In 2015, our total foreign debt was $10.7 billion. Today, it is almost $50 billion.

In 2015, Nigeria was 136 in Transparency International's Corruption Perception Index. In 2023, we are 150.

So, precisely in what area of our national life has Buhari made 'Nigeria better in 2023 than in 2015'?

The only thing we can now say to General Buhari is that you were a mistake, and may you go and may your like NEVER return to power to afflict us again. In Yeshua's Name, I pray.

#TableShaker

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Chief Obi Akwiwu

@ObiAkwiwu

over 3 years ago

More Trouble for Tinubu As Atiku Drops Bombshell Capable of Halting May 29 Swear-In https://t.co/YgihG6rqxX (From Phoenix APP)

ObiAkwiwu's tweet photo. More Trouble for Tinubu As Atiku Drops Bombshell Capable of Halting May 29 Swear-In https://t.co/YgihG6rqxX (From Phoenix APP) https://t.co/qC1Vi8g0CM

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ObiAkwiwu retweeted

Reno Omokri

@renoomokri

over 3 years ago

Look at the date. May God be praised! If you like go to court and waste your money. If you like insult me. The only impact your 6 months of insult has had on me is that my bank account has exploded. Who ended up being shocked? Me or you guys? #TableShaker