”Many Nigerians are complaining approximately the constant fall inside the fee of the Naira and that they blame the government.
however is the government truely accountable?
In reality, our insatiable urge for food for all things overseas is to blame.
I continually fly Arik commercial enterprise magnificence every time i'm visiting overseas except Arik does not fly on that direction.
not simplest is an Arik price tag a fragment of the fee of a British airways price tag, but the cash I pay to Arik circulates in Nigeria and allows firm up the Naira’s fee.
As I communicate to you these days, a British airways commercial enterprise to London is ₦2,103,666 even as Arik enterprise is ₦551,545 but our elite nevertheless fly BA..
however though Arik gives an inexpensive opportunity to British airlines and other foreign airways, our large men choose to pay double what Arik fees to BA and different overseas airways for the equal services and but they complain about the value of the Naira.
i've Nasco cornflakes and i've eaten Kellogs cornflakes. In phrases of nutrients and taste they are nearly indistinguishable. yet our elite who will alternatively eat Kellogs than Nasco cornflakes, wonder why the Naira is falling!
Even something like Quaker Oats can be substituted with corn meal recognised regionally as pap.Obasanjo Farms of Nigeria and other large scale fowl farms have the capacity to offer hen for the whole country. due to the fact this is the case, why are we even buying imported chook?
In fact what is inaccurate if every family in Nigeria has a chicken of their outdoor to provide them eggs and meat?
My steward went to Makoko, that's considered one of the most important fishing groups in Lagos. He wanted to shop for fish and they have been promoting imported frozen fish!
but in the very waters in the front of them, there exist sparkling fish that is greater nutritious than the cheap frozen fish they were promoting.
We keep spending over 1 Billion Naira uploading rice while our own farmers are able to meeting our country wide demand for rice. but for a few purpose, Nigerians simply opt for to buy imported rice.
The imported rice we purchase in Nigeria is not as appropriate as our neighborhood rice because it has been stored for years in silos and handled with chemical compounds.
furthermore, each time you buy it, your cash is going out of Nigeria to carrier an economic system in Asia. The cease end result is that their currency gains price at the same time as ours loses value.
have you ever ever wondered why ecu Premiership golf equipment are so inquisitive about Nigeria? it's miles due to the fact Nigerians spend billions travelling to Europe to look at their video games, purchase their products and promote their leagues.
but, returned at home, we would no longer be caught dead watching our very own nearby league.
If we will now not spend money on made in Nigeria items and offerings, how can we count on our Naira to maintain its price and admire?
manifestly we cannot reduce ourselves off from the arena. No state is an island, however as a minimum we will fly Nigerian airlines, eat domestically produced meals and patronize our soccer league.
If we do that, no longer only will our economic system grow and convey jobs for Nigerians, it's going to additionally make our goods and offerings enhance in value such that they'll be attractive sufficient to be imported.
i purchased Innoson motors as reliable automobiles for my team of workers. i have by no means lived to remorse it one day. they're cozy and durable. but most of all, I realize that my buy helps to keep jobs in Nigeria and improve the cost of the Naira.
i beg you to do the identical. We don't have any different united states of america however Nigeria and it is you and i to be able to make it what it's far.
If we purchase Naija we can develop Naira
My call is Ben Murray-Bruce and i just want to make common-sense!
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