Nigerians in the Diaspora ask Buhari to salvage the Naira or resign

(DGW) - Outrage has greeted the increasing fall of the Naira, Nigeria's monetary unit against virtually all major currencies within nine months of President Buhari's take over from his immediate past predecessor, Dr Goodluck Jonathan under whose administration Nigeria rose from behind  to become the largest economy in Africa. 

DailyGlobeWatch spoke with many Nigerians in the Diaspora and majority of those spoken to by our reporters expressed dismay; while some blamed the increasing depreciation of the naira on Jonathan while others blamed it on Buhari who lacks a good economic team to salvage the country.

Other sources of foreign exchange must be explored instead of overreliance on crude oil. They said Nigeria a country  blessed with both human and abundant natural resources whose labour she can not positively mobilize is not ready to solve the lingering crisis.

Buhari, they argued must stop the blame game cut his frequent travels abroad to enable him concentrate more on the problems plaguing the country instead of spending our scarce foreign exchange on foreign travels or simply resign from office.

Some are of the opinion he has a  cabinet  made up of a cast of neophyte actors. Some argued that government is a process of continuity blaming Buhari why he had to allow former Nigeria's Minister of Finance Dr Ngozi Okojo-Iweala leave  whose wealth of experience other developed nations tap from.

Party partisanship, they said, must be cast overboard under the existing circumstances to regenerate the country and retain capable and competent hands irrespective of their political affiliation for Nigeria is greater than any political party or individual. 

Below is a list of the exchange rate of the Naira with other currencies in Africa which many expressed disgust at.

EXCHANGE RATE... AFRICA.

South Africa: Rand 1 = 13 Naira

.

Angola: 1 kwanza = 2 Naira

.

Botswana: 1 Pula = 18 Naira

.

Cape Verde: 1 Escudo = 2 Naira

.

Algeria: 1 Dinar = 2 Naira

.

Egypt: 1 Pound = 25 Naira

.

Eritrea: 1 Nakata = 13 Naira

.

Ethiopia: 1 Birr = 9 Naira

.

Ghana: 1 Cedi = 50 Naira

.

Gambia 1 Dalasi = 5 Naira

.

Kenya: 1 shilling = 3 Naira

.

Liberia: 1 Dinar = 4 Naira

.

Lesotho: 1 Loti = 14 Naira

.

Libya: 1 Dinar = 146 Naira

.

Morrocco: 1 Dirham = 146 Naira

.

Madagascar: 1 Ariary = 4 Naira

.

Mauritius: 1 Rupee = 6 Naira

.

Malawi: 1 kwacha = 11 Naira

.

Mozambique: 1 Metical = 4 Naira

.

Namibia: 1 Dollar = 12 Naira

.

Seychelles: 1 Rupee = 12 Naira

.

Sudan: 1 pound = 32 Naira

.

Swaziland: 1 Lilangeri = 13 Naira

.

Tunisia: 1 Dinar = 100 Naira

.

Zambia: 1 kwacha = 18 Naira.  Only in  9months!