₦airaland Forum

“The economy has stabilised, nobody is trading a piece of paper for an exchange rate anymore. When I took over, it was ₦1,900 to a dollar. It’s ₦1,450 now. It’s been stabilising there. You don’t have to know Cardoso before you get your foreign exchange,” Tinubu said.

Reacting in a post on his verified X handle, Omokri cautioned a user identified as “Emir” against hastily branding the President a “liar,” arguing that Tinubu’s remark was rooted in facts.

He explained that before Tinubu’s inauguration on May 29, 2023, Nigeria was spending about $1.5 billion monthly to subsidise the Naira even more than the petrol subsidy at the time.

Omokri noted that while the official exchange rate under ex-President Muhammadu Buhari stood at about ₦400/$, the “real unsubsidised value” of the currency was closer to ₦2,000/$.

He wrote: “Please fact-check me: Before President Tinubu was sworn in on May 29, 2023, Nigeria spent $1.5 billion monthly to subsidise the Naira. The naira subsidy was actually higher than the subsidy on petrol.

“Whereas under General Buhari, you were buying the Dollar at the rate of about ₦400 to $1, the real exchange rate without the subsidy was about ₦2000 to $1.

“You may recall that when President Tinubu first floated the Naira, it suddenly fell to ₦1900 to $1.

“The reason it fell to that price was because that was the actual value of our currency.

“President Bola Tinubu was referring to that unsubsidised amount, which was the real value of the Naira.

The former presidential aide added that critics should verify facts before accusing Tinubu of dishonesty, suggesting that tools such as artificial intelligence could confirm the accuracy of the President’s claim.

Omokri also stressed that while political differences may exist, it was unfair to label the President a liar without proper fact-checking.

“He was not lying, and you can verify this with an AI like Grok.

“I understand that some of us may have political disagreements with the President, but perhaps you and I can conduct cursory research before labelling him a ‘congenital liar’”, he concluded.

Gustavowhite:
Just that I can’t post videos here,he said he isn’t yoruba,that he can’t call himself fully yoruba that every Kwarans is mixed
What am i misinterpreting?

mrvitalis:
This is even with the fact that none indigenous people in those states are very small less than 1% ooh

I tell people.. If Yorubas contribute 50% of what igbos contribute to Lagos in any South East state they would constantly be deputy governors minimum

mrvitalis:
Ebonyi man is governor of Enugu today.. So?

Ewuoooo:
From west to west. The most nepotistic government in history.

Former Governor of Lagos State, Akinwunmi Ambode, has pledged his commitment to President Bola Tinubu’s 2027 re-election bid, promising to lead the campaign in the South-West region.

Ambode made the pledge in Badagry, Lagos, during a sensitisation programme on Permanent Voter Card (PVC) registration. He urged residents to register and collect their PVCs ahead of the general elections.

Speaking through the Director-General of the Tinubu-Ambo Support Group, Dr. Seyi Bamigbade, the former governor said President Tinubu had laid a strong foundation for Nigeria’s growth and deserved a second term to consolidate on the achievements recorded so far.

“President Bola Tinubu has proven his capacity to lead this country with vision and courage. I call on Lagosians and Nigerians at large to ensure he gets a second term in 2027 so we can all continue to benefit from his progressive leadership,” Ambode said.

He also reiterated his intention to seek a return as governor of Lagos State, promising to build on past gains while addressing present realities.

The sensitisation programme, according to organisers, is aimed at mobilising residents for active participation in the democratic process. “Our message is clear: no PVC, no voting. The group is committed to house-to-house sensitisation to ensure every eligible voter in Lagos registers and collects their voter card,” Bamigbade stated.

The event drew community leaders, youth groups, and other stakeholders who pledged support for both President Tinubu and Ambode ahead of the 2027 elections.

The Senior Special Assistant to the Delta State Governor, Ossai Ovie Success, has expressed disappointment in a post on X, claiming that the Igbos developed Asaba, the capital of oil-rich Delta State.

The claim was made by a user named Chinee Okoloigwe, who alleged that Asaba was developed due to the migration of Igbo men from neighbouring Onitsha.

@chineekol said, "Asaba is like that developed extension of Onitsha by Onitsha residents that they abandoned Onitsha for.

If not for the Onitsha residents, Asaba wouldn't be the developed Asaba of today."

In response, Ovie Success wondered why Onitsha people cannot develop their state but choose to migrate to Asaba.

He said, "I am disappointed in you for this statement. Why can't you guys develop your state?"

In another post, he wrote, "Asaba is more developed than your state at the moment. Best place for business, Health, Tourism, Education and security."

Other X users also waded in to disprove the claim that Igbos developed Asaba.

@davovia said, "Igbos are their own undoing. There is something typically wrong with the way you are all wired mentally. Arrogating what belongs to others and finding yourself always interfering in people's affairs is why you are hated everywhere."

@IgnatusOnianwa said, 'The postulation that Onitsha boys developed Asaba is a shallow argument that jettisons other important factors. The question is what attracted the so-called Onitsha boys to come to Asaba? There is something unique about the town that warrants them to come."

@papacharlesoge said, "Did we build any roads or hospitals? We give ourselves too much credit. Ndi Onitsha simply capitalised on the developmental stride of the Delta state government and the safety in Asaba. I know a couple of people already coming back to Onitsha because of the bad road."

@gozie_recon said, "This is a false submission, though recent findings by Realtors show that there's a good percentage of investors from Igbo tribes. A lot of people from other tribes have a good amount of investment in the city. You can't say Nigerians developed the UK just because of high immigration."

Iceberg3:
Rogues
Rascals
Scoundrels
Hooligans
Thugs
Urchins...and of course, konneheads

vanbonattel:
L.p or no , m.p, Peter Obi is the person the whole county is waiting to vote for, not LP

Osariemen12:
She's Yoruba.

Attaching her to Imo when she has a name is mischievous. One can actually claim to come from anywhere online.

This, too, shall pass.

tonesky:
I am not a fan of Ekpa and his nonsense but the simple truth is that prison in Finland is better than absolute freedom in Nigeria.

Obrigardo:
I know the doctors here would see the issue with the left eye consistent with the cankles and infuses, it doesn't look good.
An image can say so much.

chichar1:
trash. Sit at home has been there before Simon ekpa coming on-board.