Monday, 23 May 2016
Group threatens to dump Naira for Biafra currency in South East
Movement for the Actualisation of the Sovereign State of Biafra (MASSOB) has threatened to start exchanging naira for Biafran currency in Igboland.
Speaking in Onitsha, Anambra State, the MASSOB Anambra North Director of Finance, Mr Martins Ezeaka, said since the value of the naira has depreciated, the group may reintroduce the Biafran currency and make people use it in South East, as it did in 2011.
MASSOB former leader, Chief Ralph Uwazurike had on February 27, 2011 launched the Biafran currency, vehicles, motorcycle plate numbers and driver’s licence.
According to Ezeaka, “now that the naira has depreciated, it is to the advantage of Biafra currency because you can buy things with Biafran money at a very cheap price.
“We can now consolidate our finance sector with valuable economy to meet the world standard and we attribute this feat to our brain, resourcefulness and holistic approach to the struggle for a Biafran state.”
He stated that corruption was responsible for the disparity in the exchange rate of naira in the official and parallel market.
“It is corruption in the financial sector that made the naira to exchange for N200 officially and about N350 in the black market,” he stated further.
Also contributing, the MASSOB Director of Agriculture in the zone, Comrade Obaji Obaji, said Biafran land is fertilised naturally for enough healthy farm produce, adding that for now Biafra has food that can sustain it until a Biafran state is actualised.
“We now go into mechanised agriculture in places like, Adani, Igbariam,Atani, Nsukka, Abakaliki, Ogbaru among others,” he said.