News

Renewed Poverty: What Nigerians should be expecting before December – Ozekhome

A Senior Advocate of Nigeria, SAN, Mike Ozekhome, has issued a warning that by the end of 2024, the naira may be exchanged for N4,000 against the US dollar due to the country’s current economic hardship.

Nothing was happening, according to Ozekhome, to indicate that the value of the naira relative to the dollar would increase.

He made this revelation on Tuesday during an appearance on Politics Today on Channels TV.

He said: “Before the end of this year, if we are not careful, the Naira may exchange for N4000 to the dollar because there is nothing in place.

”If we are not careful we will get to the situation in Ghana, where they were carrying cedis in baskets to the market to go and buy things and put in their pockets.

”Why do BDCs sit under the trees and tables to control our economy?”

Even though Ozekhome continued to criticise federal policy, he said that the government should try all in its power to lessen suffering by starting over from scratch.

Additionally, he expressed amazement that the current leadership is attributing the country’s economic situation to its predecessors.

” But to me, it is most embarrassing when I see officials of this government blaming the Jonathan government that left office in 2015, nearly 10 years ago.”

” Ironically blaming his own predecessor whom they took over from in the APC government.”

” I think everything has gone wrong,” he said

He added that poverty is the result of the present administration’s “renewed hope” slogan.

” This is not renewed hope, this is renewed poverty.”

Please don’t forget to “Allow the notification” so you will be the first to get our gist when we publish it. 
Drop your comment in the section below, and don’t forget to share the post.

Jonathan Nwokpor

View Comments

Recent Posts

‘How my husband assaulted me, ruined my career’ – Model Olajumoke Onibread

Keep up with latest news and be part of our weekly giveaways and airtime sharing,…

3 hours ago

Defence Chief, Gen Musa reacts to Simon Ekpa’s arrest, reveals next plan

Keep up with latest news and be part of our weekly giveaways and airtime sharing,…

3 hours ago

What I know about Mike Adenuga’s death rumour- Momodu

Keep up with latest news and be part of our weekly giveaways and airtime sharing,…

3 hours ago

Why I signed new Man City contract – Guardiola

Keep up with latest news and be part of our weekly giveaways and airtime sharing,…

3 hours ago

Man, girlfriend arrested for doing this to a 70-year-old woman in Enugu

Keep up with latest news and be part of our weekly giveaways and airtime sharing,…

3 hours ago

Northern group opposes establishment of state police

Keep up with latest news and be part of our weekly giveaways and airtime sharing,…

3 hours ago