Naira depreciation calls for urgent introducton of Biafran currency in Igboland – MASSOB

 

Movement for the Actualisation of the Sovereign State of Biafra, MASSOB, has said it would start exchanging naira for Biafran currency in Igboland soon.
This was part of the statement released by MASSOB’s Anambra North Director of Finance, Mr Martins Ezeala, in Onitsha, Anambra State on Sunday, where he claimed that since the value of the Nigerian currency had depreciated, the group may reintroduce the Biafran currency and make people use it in South East, as it did in 2011.
It would be recalled that MASSOB’s former leader, Chief Ralph Uwazurike had on February 27, 2011, launched the Biafran currency, vehicles, motorcycle plate numbers and driver’s licence.

Ezeaka said, “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 said that the disparity in the exchange rate of the naira in the official and parallel market was because of high level of corruption in Nigeria.
He added, “It is corruption in the financial sector that made the naira to exchange for N200 of­ficially and about N350 in the black market.”

Also, the MASSOB Director of Agriculture in the zone, Comrade Obaji Obaji, stated that 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.
He said, “We now go into mechanised agriculture in places like Adani, Igbariam,Atani, Nsuk­ka, Abakaliki, Ogbaru among others.”