Omokri Advocates for Economic Boost Through Local Patronage

Renowned Nigerian author and social commentator, Reno Omokri (@renoomokri), has emphasized the importance of boosting Nigeria’s balance of trade by promoting the export of locally-made products abroad. In a recent tweet, Omokri shared his personal efforts in supporting Nigerian products to contribute towards strengthening the Naira’s value.

Supporting Made-in-Nigeria Goods: A Path to Economic Growth

Omokri highlighted his initiatives, including purchasing traditional attire called “aṣọ òkè agbada,” acquiring a Nigerian-made Innoson vehicle for his company, using Nigerian cement for building projects, and opting for a Nigerian SIM card while in the country. He also pointed out his preference for Nigerian brands like Glo, Dangote, and Innoson.

Curbing Repatriation of Funds: A Call for Patriotic Consumer Choices

Omokri drew attention to the yearly repatriation of $10 billion from Nigeria by foreign companies providing goods and services, stating that this practice hampers the country’s economic growth. He acknowledged the necessity of using foreign products in certain cases where there are no Nigerian alternatives, like with Siemens.

Promoting Local Businesses for National Progress

He urged fellow Nigerians to choose locally-made products whenever possible, recognizing that supporting Nigerian businesses will lead to their improvement over time. Omokri referred to the example of South Africa, where local patronage played a vital role in enhancing the services of companies like MTN.

Patriotism and Economic Empowerment: A Dual Benefit

In conclusion, Omokri called on Nigerians to display patriotism by promoting Nigerian products and avoiding negative commentary about local brands. He emphasized that this support would not only contribute to the nation’s economic development but also increase the value of the Naira and citizens’ purchasing power.