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Ebuka Obi-Uchendu And Ini Edo Decries Dollar Rise Over Naira

Nigerian celebrities have decried the rise of the dollar against the naira.

Naira falls continue, now N658 per dollar

The naira had crashed further in the parallel market, trading for ₦710 against the U.S. dollar on the exchange platform Aboki Forex.

Reports on Wednesday, July 27th showed the current parallel market rate pegged at ₦710 to a dollar.

TV host Ebuka Obi-Uchendu took to his Twitter page to scream about the increase.

Ebuka Obi-Uchendu And Ini Edo Decries Dollar Rise Over Naira
Photo of Ebuka Obi-Uchendu

See tweet below

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Nollywood actress Ini Edo on her part, took to her Instagram story to advise Nigerians to get their PVC so they can vote in new leaders that will reform the economy next year.

Ebuka Obi-Uchendu And Ini Edo Decries Dollar Rise Over Naira
Photo of Ini Edo
“On a serious note guys, everything in this country has really gone south. Even economy ticket is about 100k due to lack of aviation fuel,” she wrote.
“Dollar will hit 700 in a matter of hours. Not telling you who to vote but use your tongue to count your teeth. My own is GET YOUR PVC!

It’s only a few days left. If not, then you would have lost your right to complain if this mishap befalls us again!

I pray that affliction will not arise the 2nd time. Rise up. For your information, DSTV rate is also on a constant rise and so is data.”

When CBN Governor Godwin Emefiele banned the sale of forex to BDC, the exchange rate was around ₦501 to a dollar. However, a year after the ban, the value of the naira plummeted to ₦670 to a dollar.

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Charis Ebiaghian

A creative writer ready to dish out juicy stories as they drop. When she is not writing, she is probably thinking of what to write next