Fayose Blames Nigerian Women for Dollar Crisis

Fayose Blames Nigerian Women for Dollar Crisis

Isaac Fayose, the younger sibling of former Ekiti State Governor Ayodele Fayose, has stirred controversy by attributing the ongoing dollar crisis in Nigeria to the demands of Nigerian women for foreign currency from their partners.

In a recent appearance on Arise Television’s programme ‘Perspectives,’ Fayose expressed his views, highlighting the impact of economic hardship on relationships and marriage dynamics. He claimed that the pursuit of financial stability has led men to delay marriage until later in life, with some tying the knot in their late 40s and 50s.

READ ALSO: https://parallelfactsnews.com/crude-oil-sales-should-be-in-dollars-naira/

He lamented, “No money, no honey,” emphasizing the influence of financial status on romantic relationships.

Furthermore, He suggested that Nigerian women’s preferences for foreign currency, particularly the US dollar, are exacerbating the nation’s currency challenges. He alleged that women prioritize dollar holdings for cosmetic procedures, contributing to the scarcity of foreign exchange.

Addressing the severity of the situation, Fayose proposed a solution to Bola Tinubu, recommending the conversion of domiciliary account deposits into the local currency to alleviate pressure on the nation’s currency reserves.