‘Why Is Our Currency Weak?’ – Igbokwe Laments Again After Campaining For Tinubu To Become President

A chieftain of the All Progressives Congress (APC), Joe Igbokwe, has once again expressed his dissatisfaction with the economic policies of President Bola Tinubu’s administration.

This marks the third time in recent weeks that Igbokwe, a Lagos-based politician from the southeast, has publicly criticized the president’s economic measures.

Read Also: ‘Those Who Will Rescue Nigeria Not Yet Born’ – Joe Igbokwe Laments After Campaigning For Tinubu To Become President

In early September, Igbokwe voiced his concerns over the new electricity tariff, urging President Tinubu to take action. In a Facebook post, he pleaded, “Mr. President, please look into the new electricity tariff in Nigeria.”

“It will kill businesses if the government does not act as quickly as possible. I have a small office in Surulere with about 7 units of AC.

“We used to buy 300 plus units for N20,0000. Yesterday we bought N20,000 worth of units and it lasted for just one day. They call it band A group. I pray that we review this”, he said.

Last week, Joe Igbokwe remarked that the ongoing fuel crisis has proven that those capable of rescuing Nigeria have yet to be born.

On Monday, he returned to Facebook, questioning why Nigeria’s currency remains one of the weakest in Africa and beyond, despite the country’s abundant wealth.

“Please can anybody help me to answer this question? Why is the Nigerian Currency among the weakest in Africa and beyond despite our wealth, size, population, education, material resources, industry, landmass, good weather etc?”, he asked.

His comment has already sparked reactions on social media.

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