Currency For Yoruba And Oduduwa Republic To Be Stronger Than Dollars - Fadaka Group Says

A group pushing for the Yoruba nation's independence has said Fadaka, the currency for the proposed Yoruba nation, Oduduwa Republic, will be stronger than the United States dollar.

The group had on Sunday unveiled different denominations of the proposed currency on its Twitter page.

"Oduduwa national currency shall be called 'FADAKA', meaning silver .. or short as just 'FAD' Here is a 20 Fadaka sample banknote," it had written.

Speaking with SaharaReporters on Monday, the group said the goal of the Oduduwa Republic is to have the strongest currency in Africa.

The institution said: "Economy is one of the essential elements a good way to decide the value of our currency. Our intention is to have the most powerful forex in Africa. The cutting-edge most powerful foreign money in Africa is Libya dinar which equals the greenback. Fadaka would be rated extra than the dollar. Yes, it is going to be equal to a pound or maybe more."

The organization stated the lack of confidence in northern Nigeria had taken a massive toll on its buyers' interest inside the country, thereby affecting its foreign money.

"Northern terrorism has made many investors have 0 interest in investing in our land. They accept as true with that terrorism is anywhere, not understanding that it results in northern Nigeria.

"If we effectively secede from Nigeria, the traders might be satisfied; the misplaced interest would be restored, to be able to be correct for our economic improvement," it said.

The institution said it had the backing of Afenifere, adding that it would hotel to organised violence if its request for the passage of a bill on a referendum have been now not taken into consideration by the National Assembly.

The organization brought, "We need to make investments highly in agriculture; agriculture became our important funding within the antique Western Region. Through agriculture, we built the primary college in West Africa, the first newspaper in Africa, the first skyscraper in West Africa, Western TV, Tincan seaport and lots of greater."

"We were additionally lending primary authorities loans. So, we must reinvest in our agriculture. The largest useful resource is human assets. We have thousands and thousands of wasted capabilities in the streets; we must additionally spend money on human resources. We have those who can invent many various things. We ought to invest hugely in technology. The international is going digital now."

"After the expiration of the 30-day ultimatum given to the federal authorities to organise a referendum force majeure ends on April sixteen, we will hotel to organised violence.

"It might be controlled below one circumstance - if the Nigeria authorities calls for the negotiation of our harmony. We've told the Yoruba inside the North to return returned home. Moreover, we aren't fighting with any Nigeria citizens and we do not count on the Nigerian government to attack our indigenes.

"We can achieve the Oduduwa Nation through restructuring. But it is no longer in our plans. It's both they provide us peace, or we take it by means of force. But we aren't praying for battle, besides the Nigerian authorities wants it. On April 16, we are going to reopen all our land borders; we can close down our seaports and airports; this is the organised violence."