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Peter Obi Voice Out Concern Over Dollar Transactions During Party Primaries

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Peter Obi Voice Out Concern Over Dollar Transactions During Party Primaries....KINDLY READ THE FULL STORY HERE▶

 

Peter Obi, the 2023 presidential candidate of the Labour Party (LP), expressed his concern over the excessive influence of the American dollar on various activities in Nigeria.

The LP flagbearer emphasized that the dollar has gradually replaced the naira in nearly all transactions, which he deemed inappropriate.

Obi pointed out that the dollarization of the Nigerian economy has led to decreased productivity. He expressed regret that even during political party primaries, people exchange dollars.

Read Also Former Minister Diezani Alison-Madueke Appears In UK Court To Face Bribery Charges

In an interview with Arise TV on Monday, the former Anambra State Governor proposed that all non-productive activities involving the use of dollars should be suspended, permitting only those who genuinely earn dollars to spend it freely. He further suggested imposing strict penalties for non-compliance.

Obi stated, “The dollar has become the de facto currency in our economy, which it shouldn’t be. We have a currency called the naira. All non-productive activities involving the use of dollars should be eliminated. I can assure you that removing it can strengthen our currency.”

He further noted, “Today, even during political party primaries, people exchange dollars. This is not our official currency. There should be severe penalties for engaging in such activities. If people earn dollars legitimately, they should be allowed to spend it as they wish. However, it has now become a means of corruption and criminality in our system.”

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Game Changer: Why Political Insiders Believe Makinde Is the Opposition’s Best Bet Against Tinubu!

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  • The Allied Peoples Movement (APM) has urged other opposition parties to rally behind Oyo State Governor Seyi Makinde as a consensus presidential candidate to challenge President Bola Tinubu in 2027.....KINDLY READ THE FULL STORY HERE▶

    • Speaking in Abuja through its National Publicity Secretary, Abubakar Yusuf, the party noted that ongoing discussions facilitated by the G-100 pressure group are advancing toward presenting a unified opposition front ahead of an upcoming meeting.

    • Yusuf stressed that opposition stakeholders should prioritize national interest and regional rotation—allowing the South to complete another four-year term—over individual ambitions.

    • He touted Makinde’s governance track record, youth appeal, and proposed blueprints for national security and economic reform as key factors giving him an edge over other aspirants.

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Keep The Peace Or Lose Your Throne: Governor Otu Sends Shockwaves Through The Traditional Council!.

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  • Speaking at the annual International Leboku Festival in Ugep, Yakurr Local Government Area, the governor strongly condemned the recent deadly inter-communal clashes between the Ugep and Idomi communities, labeling the violence a “show of shame.”....KINDLY READ THE FULL STORY HERE▶

    • Otu emphasized that traditional leaders are strictly accountable for upholding local peace and traditions, warning that the state government will withdraw certificates of recognition from royal fathers where violence erupts and will withhold recognition from communities plagued by parallel leadership factions.

    • Yakurr Council Chairman Chief Inyang Yibala Igri urged residents to choose development and historical ties over destruction, encouraging youths to focus on commercial farming.

    • Meanwhile, the Obol Lopon of Ugep, HRM Obol Ufem Ubana, pledged the traditional council’s commitment to sustaining harmony while drawing attention to local concerns, including tensions from dual coronations in Agoi-Ibami, requests for sports infrastructure upgrades, and media coverage improvements.

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Operation Sweep: Military Troops Unleash Devastating Raid On Abuja’s Criminal Underworld!.

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  • Joint forces comprising troops from the Army Headquarters Garrison and Operation SWEEP carried out a security raid on Sunday, August 23, 2026, targeting illegal shanties and suspected criminal hideouts in the Federal Capital Territory.....KINDLY READ THE FULL STORY HERE▶

    • The sweep, which commenced around 4:00 p.m., spanned several communities across the Abuja Municipal Area Council (AMAC), including Karshi, Jeje, Kurape, and Nyanya, with the objective of eliminating safe havens for criminals and boosting security surveillance.

    • According to security analyst Zagazola Makama, the operation successfully dismantled multiple unauthorized structures in areas identified as vulnerable.

    • Following the exercise, the Mai-Anguwa of Nyanya praised the military action and committed to maintaining strong intelligence sharing and communication with security agencies to flag suspicious activities.

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