Sociopolitical analyst Reno Omokri has outlined 26 actionable steps Nigerians can take to drive down the value of the US dollar against the Nigerian naira to below ₦1000.
Omokri stresses the importance of embracing locally produced alternatives to imported goods. By shifting consumption towards Nigerian-made products, Nigerians can reduce demand for foreign currencies and strengthen the naira.
According to Omokri, Nigeria produces a wide range of goods, from A to Z, that can replace imported items. Here are his suggested substitutions:
* Akamu instead of custard
* Beans instead of foreign rice
* Dangote spaghetti instead of Italian pasta
* Cornflakes from Nasco instead of Kellogg’s
* Eggs from Obasanjo farms instead of imported
* Fan yoghurt instead of imported yoghurt
* Glo instead of foreign telcos
* Honey from Ore instead of Shoprite
* Nord instead of Honda or Toyota
* Juice from Chivita instead of America
* Kpomo in soup instead of foreign fish
* Lace from Kaduba instead of Switzerland
* Mango from Adamawa instead of imported apples
* Noodles from Dangote instead of Indonesia
* Oranges from Benue instead of Israel
* Purses from Kano instead of France
* Quail from Kebbi instead of England
* Radio Nigeria instead of Radio France Internationale
* Shoes and slippers from Kano instead of Italy and Spain
* Tea from Mambilla Plateau instead of China
* Umbrella from Abakaliki instead of India
* Vans from PAN instead of Asia
* Wine from palm wine instead of Palma, Spain
* X-rays at UCH Ibadan instead of Europe
* Yams from Oyo instead of imported potatoes
* Zobo instead of imported flavoured drinks
Omokri emphasizes that the strength of the naira lies in the hands of Nigerians. By supporting local businesses and reducing reliance on imported goods, citizens can contribute to a stronger currency and a more prosperous economy. CONTINUE READING
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