Against the backdrop of the continuous decline of the naira largely blamed on the fall of the price of crude oil, the Movement for the Actualisation of the Sovereign State of Biafra (MASSOB) has threatened to start exchanging naira for Biafran currency in Igboland soon.
This, the Sun reports, was part of the statement released by MASSOB’s Anambra North Director of Finance, Mr. Martins Ezeaka, 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.
Recall that the former leader of MASSOB, 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 Biafran 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”.
The director of finance made it clear that the great difference in the exchange rate of the naira in the parallel and official market was as a result of corruption, saying:
“It is corruption in the financial sector that made the naira to exchange for N200 officially and about N350 in the black market”.
Comrade Obaji Obaji, who is the MASSOB Director of Agriculture in the zone, also made his own contribution stating that Biafran land is naturally fertilised for enough healthy farm produce, adding that presently, 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”.