I feel so sorry for the Naira. The constant depreciation is depressing for so many people. Naira has really suffered, as we say in the Nigerian parlance.
If not for condition, why would anybody compare Naira to weak currencies in the world? A whole Naira! How the mighty have fallen! Naira that was stronger than the dollar in the early 70s and 80s.
What is more worrisome is the value; the amount people spend in exchange for essentials and food items. To buy a bag of rice, some people will need to empty their bank accounts. Nowadays, when you buy a bunch of plantain, it will be accompanied by the Ameno song popularly known as Dorime that is used as accompanying soundtrack to announce the purchase of very expensive liquor in Nigerian night clubs.If Naira were a person, it will be a poor orphan maltreated by all and sundry.
More infuriating is how others pick it from the floor after a round of spraying, notes are squeezed into bags for safekeeping. Every currency has suffered indignity at some point in their lives, but Naira is at all time low. To make matters worse, Naira saw hell in Oba last week, a town in Anambra State in South Eastern region of Nigeria. It was kicked like football, trampled, thrown into a crowd, used and discarded like you-know-what; subjected to all manner of ill treatment. I have never seen Naira so disrespected and disregarded. Painfully, this maltreatment was amplified for all to see through viral videos.
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