Entertainment

If God hadn’t intervened, naira would have fallen to N10,000 per dollar – Pastor Adeboye

The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor E.A. Adeboye, has said that without divine intervention, the exchange rate could have risen to N10,000 per $1.  Adeboye, who stated this while speaking at the Special Holy Ghost Congress in Abuja, explained that Nigerias financial difficulties are largely linked to its reliance on fuel imports, despite the country having significant oil resources. He noted that billions have been spent on refineries, many of which remain non-functional, resulting in a continued dependence on imported petrol. Adeboye also addressed the controversy surrounding the governments decision to eliminate costly fuel subsidies, a move that angered those who profited from the previous system and contributed to further economic challenges. “We need help, and its not human help; its divine help, he stated. “Before our current president took office, we were aware that the root of our financial issues lay in the importation of petrol. Despite having oil, we continued to import petrol and waste billions on refineries that did not operate effectively. When the president cancelled the subsidy on petrol imports, those who benefited from it became upset and created more problems. As the naira continued to decline rapidly, Adeboye said that he prayed and was grateful that others joined him in prayer. If God hadnt intervened, $1 could have been worth N10,000 by now. This illustrates how much we need prayers, he added. The post If God hadnt intervened, naira would have fallen to N10,000 per dollar – Pastor Adeboye appeared first on Linda Ikeji Blog.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button