“I’m Not for Tinubu”: Reno Omokri Backs Subsidy Removal, Shares Only Way out of Economic Hardship

“I’m Not for Tinubu”: Reno Omokri Backs Subsidy Removal, Shares Only Way out of Economic Hardship

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

Legit.ng journalist Esther Odili has over two years of experience covering political parties and movements.

Reno Omokri, a former presidential aide, has backed President Bola Ahmed Tinubu-led federal government.

Reno Omokri, Tinubu, Subsidy removal, FG, naira
Omokri defends Tinubu amid hardship. Photo credit: Asiwaju Bola Ahmed Tinubu, Reno Omokri
Source: Facebook

In a post shared on his X account, on Monday, February 19, Omokri threw weight behind Tinubu's economic agenda, noting, that the current administration should not be blamed for the recent hardship bedeviling Nigeria.

The chieftain of the Peoples Democratic Party (PDP) insisted Nigerians were the architects of their problems. He lamented that Nigerians don't buy their own products, yet they spend more money on foreign goods.

Read also

BREAKING: Senate to investigate Buhari over N30 trillion expenditure

The social media influencer blamed Nigeria's current woes on the past administration. He added that every notable politician was in support of Tinubu's policy except for Senator Rabiu Kwankwaso.

Omokri reveals a way out of economic hardship

The PDP chieftain said the only way out of the current mess in the country was for Nigerians to "Grow Naira, Buy Naija."

Omokri tweeted:

"The Naira did not crash because of bad governance. The Naira crashed because, for the last forty years, Nigeria has been subsidising the Naira by artificially defending it. In the last year of Buhari's administration, the bill for subsidising the Naira got to $1.5 billion a month. And that money was largely being borrowed.
"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.

Read also

Economic hardship: Buhari's minister backs Sultan of Sokoto, Tells Tinubu what to do

"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."

Daniel Bwala: Atiku’s former aide defends Tinubu

In a similar development, Daniel Bwala, a former aide to Atiku Abubakar of the PDP, said President Tinubu was working tirelessly to solve the country’s inherited problems.

In a post shared on his X account on Monday, February 12, the PDP chieftain pointed out that the food crisis Nigerians were experiencing was a global phenomenon.

Read also

FG responds to call for Tinubu's resignation over hardship, details surface

He emphasized that the problems facing Nigeria were caused by decades of maladministration, urging Nigerians to have faith in their leaders and refrain from insulting them.

Source: Legit.ng

Authors:
Esther Odili avatar

Esther Odili (Politics and Current Affairs Editor) Esther Odili is a journalist and a Politics/Current Affairs Editor at Legit.ng with 6+ years of experience. She Holds OND and HND in Mass Communication from the Nigerian Institue of Journalism (NIJ), where she was recognized as the best student in print journalism in 2018. Before joining Legit.ng, Esther has worked with other reputable media houses, such as the New Telegraph newspaper and Galaxy Television. In 2024, Esther obtained a certificate in advanced digital reporting from the Google News Initiative. Email: esther.odili@corp.legit.ng.