NewStats: 3,264,977 , 8,185,251 topics. Date: Friday, 13 June 2025 at 02:15 AM 5j3h2q

Former Labour Party’s 2023 presidential campaign spokesperson, Doyin Okupe, has said the naira would have been N17,000 per dollar at foreign exchange and the price of fuel N4000 per litre without President Bola Ahmed Tinubu’s reforms.

Okupe, who was the spokesperson to ex-presidents Goodluck Jonathan and Olusegun Obasanjo, disclosed this in a recent Arise Television interview.

This comes as Nigerians buy petrol at between N1060 and N1,115 per litre across filling stations nationwide compared to an average price of N254.06 in May last year before fuel subsidy removal.

Also, the country’s foreign exchange rate rose to N1675.62 per dollar on Monday, 25 November 2024, from N463 on June 13, 2023.

The twin factor of Naira depreciation and fuel price hikes has worsened economic hardship for Nigerians as headline and food inflation increased to 33.88 percent and 39.16 percent, respectively, in October 2024.

Reacting to the development, Okupe insisted that if not for the reforms, the economic situation Nigerians face would have been worse.

Bola Ahmed Tinubu has come with very serious reforms to take the country from the situation it has been in for the last 8 to 10 years.

“I heard people complain that the dollar is N1,700; it could have been worse, it could have been N17,000. That fuel is N1,000; it could have been worse; it could have been N3,000 or N4,000 per litre if these reforms had not been in place”, he stated.

https://dailypost.ng/2024/11/26/naira-to-dollar-wouldve-been-n17000-fuel-price-n4000-litre-without-tinubus-reforms-okupe/

70 year old man choosing to play the clown

Is he broke or something cause I don't understand this his asslicking

Thank you Dr Okupe for this timely and insightful analysis.

May God bless Nigeria for ever!

Toh

Doyin Okupe, the former Labour party member who is now a full member of the APC

Buffalo .

This is why this nation will never move forward....
Leaders are incompetent and looting....
Followers are licking the leaders' ass, so that they can be paid from the loot and hopefully become one of the leaders so that the cycle of looting and incompetence can continue

🤦🏽‍♀️

Doyin Okupe is a smart man.

How all these old politicians do stupidd? Even renowned pastors and clerics are not left out of this stupidity.

This is the same APC shit from 2015. People are getting wiser, stop this nonsense rhetoric, it is too stale! Tinubu made a mess of everything.., floating the Naira without anything to show for, borrowing a at astronomical levels.

Tinubu is not fit to be a game prefect not to talk of a president. Both Tinubu and Buhari are in the same classless category of mumu. They just want to be called president, nothing more!

At 2017 I had 5900.btc was 6700.
By 2018 i sold my btc
By 2024.what ud 1btc. Minus 800 dollars from today's btc.
I n33d to see tinubu direct

Always ing rubbish. Little wonder your son is Gay

Yoruba..... Lies, lies and more lies.
Thank God all of you are suffering it.

Sadwest is really sad.

Doyin Okupe has spoken well.

Fool! Na babablus you go deceive.

Make we go do thanksgiving.

Salewa97:
Toh

Doyin Okupe, the former Labour party member who is now a full member of the APC

That's what You get in politics without Ideological standards for Governance.

All you get becomes Election, ELECTION, ELECTION sensationalism as one uneducated fellow Helinues always cry about

Tinubu is the best president Nigeria has ever produced.

And with what metrics did he calculate those figures? Or is he sipping cow soured urine?

What is “ud 1btc”?

2cribz:
At 2017 I had 5900.btc was 6700.
By 2018 i sold my btc
By 2024.what ud 1btc. Minus 800 dollars from today's btc.
I n33d to see tinubu direct

obasanjonews:
Doyin Okupe credits President Tinubu's reforms for averting economic disaster, suggesting the naira could have plunged to ₦17,000/dollar and fuel prices soared to ₦4,000/litre without his intervention.

Doyin Okupe, the former spokesperson for the Labour Party’s 2023 presidential campaign, stated that without President Bola Ahmed Tinubu's reforms, the naira would have reached N17,000 per dollar in foreign exchange and fuel prices would be N4,000 per litre.

In a recent interview with Arise Television, Okupe, the former spokesperson for ex-presidents Goodluck Jonathan and Olusegun Obasanjo, revealed this information.

This development occurs as Nigerians are purchasing petrol at prices ranging from N1,060 to N1,115 per liter nationwide. This is a significant increase compared to the average price of N254.06 in May last year prior to the removal of fuel subsidies.

Additionally, the country's foreign exchange rate increased to N1675.62 per dollar on Monday, November 25, 2024, up from N463 on June 13, 2023.

The depreciation of the Naira and increases in fuel prices have intensified economic hardship for Nigerians, with headline inflation rising to 33.88 percent and food inflation reaching 39.16 percent in October 2024.

In response to the development, Okupe emphasized that without the reforms, Nigerians would be experiencing an even more dire economic situation.

Bola Ahmed Tinubu has introduced significant reforms aimed at transforming the country's circumstances from those of the past 8 to 10 years.

"I heard people complaining that the dollar is at N1,700; however, it could have been much worse—imagine if it had reached N17,000. Similarly, although fuel costs are now N1,000 per litre, they might have escalated to between N3,000 and N4,000 without these reforms," he remarked.

Welldone okupe...protect ur pocket

Where is Okupe from,what’s his tribe?

When you see this man in real life then you will understand why he's so big. He looks like a termite queen. All he does is eat and eat. Geeze man.

How much did bubu left it dumb sh...t

The reforms are working. It just needs time and patience

Nigerians are not patient!

We want to eat our cake now and still have it later!



Assuming say na Obi he for worse!

Assuming say na Atiku, Ah! Atiku!

The T-PAIN hunger wey dey waya this Man don human capability

This Man is seriously looking for Political Appointment to start eating National cake just like Bwala

Oloriburuku ni okupe, omo Alainiran bi ti Tinubu.

Insensitive. What about loans.

Shameless liar

Anywhere belle face and sycophancy everywhere while the people suffer.

As dem don give some of dem corn, dem don dey sing their praises to high heaven

Didirin Doyin