Depreciation of Naira: MASSOB To Start Issuing Biafran Currency In South East

MASSOB has disclosed that following the fall of the naira, it could start issuing the Biafran currency as this is an advantage for the Igbo people.

The Sun reports that Mr Martins Ezeaka who is the Anambra north director of finance of MASSOB said in Onitsha state that the depreciation of the naira may necessitate the reintroduce the Biafran currency for the people of the south east to use in financial transaction like it did in the past.

“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.”

“It is corruption in the financial sector that made the naira to exchange for N200 of­ficially and about N350 in the black market.”

He added that Bi­afra has food that can sustain it until the nation is finally actualised.

“We now go into mechanised agriculture in places like, Adani, Igbariam,Atani, Nsuk­ka, Abakaliki, Ogbaru among others,” he said.