PETER OBI.

Economy

Naira & Monetary Policy

The problem

The naira lost over 60% of its value against the dollar in 2023–2024 after CBN unified the exchange rate.

Obi's position

Restore central bank independence, end ways-and-means abuse, build foreign reserves through productive exports rather than oil receipts, and fight inflation through supply-side investment.

A weak currency is a weak country. Reserves come from production, not borrowing.

- Obi, FT Interview, March 2024

Make the case real.

Position papers don't change a country. Mobilised voters do. Power the campaign.

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