Omokri also argued that the citizens of Nigeria are the major problem confronting the local currency
Human rights activist and former presidential aide, Reno Omokri, has identified baning the importation of human hair as one of the ways to stabilize the Nigerian local currency, Naira.
He made this known via his X handle recently, while also accusing Nigerians of spending more on hair than buying books.
The Naira in recent times has continued to depreciate against the US dollar in the foreign exchange market.
Data from FMDQ showed that the Naira further plummeted to an all-time low of N1,482.57 per US Dollar on Tuesday from N1,348.63 on Monday.
Speaking on the development, Omokri said the “Naira is a reflection of Nigerians”, insisting that the citizens of the country are the major problem confronting the local currency.
The social media influencer went on to blame capital flight in the country on the love of the citizens for foreign airlines instead of Nigerian airlines flying international routes.
“Look, the Central Bank of Nigeria just paid a billion dollars to foreign airlines. Those are airlines flying the same route as Air Peace,” Omokri tweeted.
He added: “Do you know that if you and I, as Nigerians, had flown Air Peace instead of foreign airlines, that $1 billion would have stayed and circulated in Nigeria?
“And when dollars and pounds stay in Nigeria, the Naira rises in power. If they leave Nigeria, our Naira goes lower and lower.
“The Central Bank had to cough up $200 million to pay for human hair, as if God did not give our women hair. This is hair that Indian, Bangladeshi, and Southeast Asian women cut and dedicate to their temples.
“They then barely process the hair and label them Brazilian, European and Peruvian hair, and our women rush to buy them, wear them, and shake the hair angrily to accuse Tinubu of ruining the economy.
“If I were Tinubu, I would ban the importation of human hair. Fact-check this, as a nation, Nigeria spends more on human hair than on books.
“Containers on the high seas coming to Nigeria with things we can produce in Nigeria are killing the Naira…”