Foreign investors won’t be interested in e-Naira – Reno Omokri

Former presidential aide, Reno Omokri, says the call for foreign investors to invest in the newly launched digital currency, e-Naira may not produce result.

It could be recalled that Nigeria became the first country in Africa to launch a digital currency after President Buhari officially unveiled the e-Naira on October 25 at the Presidential Villa, Abuja.

President Buhari thereafter solicited investment from foreign investors so that it can help to boost the currency which was initiated by the Central Bank of Nigeria, CBN.

Reacting to this development, Reno, in a recent post on Facebook page, stated that foreigners may not invest in the e-Naira because of the ban placed on Cryptocurrency by the Federal Government.

Reno stated that President Buhari banned cryptocurrency in order to create his own (e-Naira) and he challenged the presidency to use the medium to remit civil servants’ remunerationsto prove that the e-Naira is authentic.

The post reads, “To show how confused Buhari is, he banned #Cryptocurrency. Then created his own digital currency, and asked foreign investors, many of whom are heavily into crypto, to invest in e-Naira.

“It is like banning Scottish whisky then asking Scotland to invest in palm wine! If Buhari really believes in e-Naira, let him use it to pay his so-called repentant Boko Haram and see how long they stay repentant.

“Even his own government is not using E-Naira to process payments to civil servants, the military and police and N-power beneficiaries”.