Social Activist, Reno Omokri, has urged Nigerians to convert their dollars into naira.

Omokri explained that Naira would improve against the US dollar when the Dangote refinery begins operations.

He suggested that fuel importation might stop when Dangote refinery begins operation in Nigeria.

Posting on X, the former presidential aide wrote: “If you bet against the Naira because of the evil ₦2000 to $1 prophecy, just face it that you have lost the money you intended to make by economically exploiting Nigeria.

“But if you wait until Dangote Refinery starts selling every petroleum product needed in Nigeria, including Premium Motor Spirit, Diesel and Aviation Jet A1 fuel, you will lose even more.

“Once Nigeria stops importing fuel, the Naira will rise even more dramatically.

“Count your losses. Convert your Dollar to Naira now or prepare to holler by May 2024, when Dangote Refinery will flood the market with inexpensive petroleum products. #GrowNairaBuyNaija”

The petrol products are diesel and aviation jet fuel, sources revealed this to Reuters on Tuesday.

Abubakar Maigandi, the head of the Independent Petroleum Marketers Association of Nigeria, said that local oil marketers set the price at N1,225 ($0.96) per litre for diesel after securing a bulk purchase agreement, prior to adding their mark-up.

The association’s members control about 150,000 retail stations across Nigeria, Maigandi said.

https://dailypost.ng/2024/04/03/convert-your-dollars-to-naira-before-dangote-refinery-starts-omokri-to-nigerians/

You, come back to Nigeria naa. Yeye!

Dangote has become the owner and saviour of Nigeria we should all rely on.

mariahAngel:
You, come back to Nigeria naa. Yeye!

Dangote has become the owner and saviour of Nigeria we should all rely on.

No, that's not what he is talking about. He also never said Dangote owns Nigeria. So don't attempt changing what he said out hate for Nigeria. What he said is; change your dollars to naira (that's is you have any) before Dangote refinery products hit the market which will expectedly bring down the dollars.

Richtaiwo:

No, that's not what he is talking about. He also never said Dangote owns Nigeria. So don't attempt changing what he said out hate for Nigeria. What he said is; change your dollars to naira (that's is you have any) before Dangote refinery products hit the market which will expectedly bring down the dollars.

No Nigerian hates Nigeria.
We all just want a Nigeria that is bearable to live in.

Tinubu is the biggest hater of Nigerians so far, in case you don't know.

mariahAngel:
You, come back to Nigeria naa. Yeye!

Dangote has become the owner and saviour of Nigeria we should all rely on.

We haven't got to the level of the South Korean chaebols.
Dangote is doing alright and should be appreciated.

mariahAngel:


No Nigerian hates Nigeria.
We all just want a Nigeria that is bearable to live in.

Tinubu is the biggest hater of Nigerians so far, in case you don't know.

That's not what Reno Omokiri is saying. He said, if you have dollars, sell it out before Dangote products hit the market. Respond to that or heck out of the thread.

Is Reno an Economist?

How many of his past 'prophesies' since 2015 ever came to pass?

The Naira will only gain further whenever Dangote starts sourcing its Crude from Nigeria and in Naira (not the rubbish Reno is writing)

How could Dangote be buying crude from US and you expect Naira to improve?
.

Richtaiwo:

No, that's not what he is talking about. He also never said Dangote owns Nigeria. So don't attempt changing what he said out hate for Nigeria. What he said is; change your dollars to naira (that's is you have any) before Dangote refinery products hit the market which will expectedly bring down the dollars.

lover of Nigeria,was dangote refining fuel when dollar was 180 naira and fuel at 140,and u ,out of 'immense love for Nigeria occupied Nigeria ?

Anyways our hope is that the govt can do whatever needs to be done to bring dollar back to 180 and even less

ElSudani:


We haven't got to the level of the South Korean chaebols.
Dangote is doing alright and should be appreciated.

Nigerians appreciate him quite alright, but Nigeria as a country should be able to function/prosper on its own without depending on a single man.
Monopoly should never be encouraged.

Have they sold Nigeria/Nigerians to him? They should let us know, so we all can know what we're in for in this country.

Let them keep hoarding it. Lol.

Splashme:
Is Reno an Economist?

How many of his past 'prophesies' since 2015 ever came to pass?

The Naira will only gain further whenever Dangote starts sourcing its Crude from Nigeria and in Naira (not the rubbish Reno is writing)

How could Dangote be buying crude from US and you expect Naira to improve?
.

Because imported US crude oil is cheap. What we were importing was expensive REFINED petroleum products.

So the source of the crude is not that important insofar as it translates to cheaper home grown refined petroleum products and energy.

It’s a reversal of western practices in Africa, where they import our raw materials for cheap, then process and export for massive profits.

That’s exactly what Dangote is doing with US oil.

Richtaiwo:

That's not what Reno Omokiri is saying. He said, if you have dollars, sell it out before Dangote products hit the market. Respond to that or heck out of the thread.

I respond to what I want to respond to.
Come and push me out.

Cowards and bullies!

Thank you Reno. A word is enough for the wise.

mariahAngel:


Nigerians appreciate him quite alright, but Nigeria as a country should be able to function on its own without depending on a single man.
Monopoly should never be encouraged.

Have they sold Nigeria/Nigerians to him? They should let us know, so we all can know what we're in for in this country.

Dangote is not running a monopoly. The problem with a lot of rich Nigerians is that they don't fancy any investment which may take several years to see returns.
Look at our banks as well, they would rather engage in round tripping than finance industrial concerns.
I think Dangote is just bold or perhaps he believes in Nigeria more.

Advise from a runaway fugitive.

JobZoneNews:
Thank you Reno. A word is enough for the wise.

Reno Omokri is a very intelligent fellow.

I could listen to him all day.

mariahAngel:


Nigerians appreciate him quite alright, but Nigeria as a country should be able to function/prosper on its own without depending on a single man.
Monopoly should never be encouraged.

Have they sold Nigeria/Nigerians to him? They should let us know, so we all can know what we're in for in this country.

Do you see the use of your IPHONE as “depending on one single man”?

Just like Apple have a Chairman and CEO is how the Dangote Group have one.

They are a multinational conglomerate, not “one man”.

kk

Story

Table shaker.

I don change enough dollars to Naira for my trip to Naija coming up soon.
Dollar is going down.
If you want to gamble and have some dollars, then buy plenty Naira now to change back to dollars later at a lesser rate.
I know people doing this now.i don gamble small change myself. Easy money can be made, but you can also lose.

🤡 Why? Will dollar return to #216??

He wants to help bulaba spread propaganda since Obi no answer am.

He should also return his family to Nigeria before the refinery starts.

Since when

.

Q

Gist

Convert your dollars and cry later.

Hold your dollars closer

Wretched mentality so a Nigerian needs to come back to the country before he is entitled to an opinion ?! Is that what you tell the bastard Kanu when he was ranting from overseas.

mariahAngel:
You, come back to Nigeria naa. Yeye!

Dangote has become the owner and saviour of Nigeria we should all rely on.

Before I could do that I want to see the stability and strength of Naira just for 3 years to this time.

I pray for a better Nigeria!!

But when Naira to dollar was N216 to $1.. was dangote selling refined crude oil then?

AmazingGenius:
Social Activist, Reno Omokri, has urged Nigerians to convert their dollars into naira.



https://dailypost.ng/2024/04/03/convert-your-dollars-to-naira-before-dangote-refinery-starts-omokri-to-nigerians/

dey play,same dangote that cashed out with high cement price will now sell petrol for less? I laugh in Chinese