Naira will not rise even if Nigeria sells more crude oil – Ben Murray-Bruce

By Ihie Grace

Former Nigerian senator and renowned enterpeneur, Senator Ben Murray-Bruce, has taken to his official Twitter handle @benmurraybrue to urged nigerians to persist in buying made in Nigeria goods and services in order not to perish economically.

According to him, “The Naira will not rise even if Nigeria sells more crude oil. Not only are we not getting money from present sales since the Buhari government took the funds in advance, but we are also not an oil-rich nation.

“We are talking about 1.7 million barrels of oil per day to a population of over 200 million people. Angola has just 15% of our population and produces more oil than we do.

“Stop looking at oil for our salvation. If we don’t persist in buying made in Nigeria goods and services, we will perish economically.

“#BuyNaijaToGrowTheNaira. Even if you do not like me, do it because you like yourself. The days of subsidised Naira are gone forever. There is no $1.5 billion to waste defending the Naira anymore. If you and I want a stronger Naira, we must defend it by changing our consumption habits.”

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