- Pastor Adeboye attributed the naira’s survival during the exchange rate crisis to divine intervention, suggesting it was nothing short of a miracle that spared Nigeria from economic catastrophe.
- The respected cleric, in recent video, revealed that, without God’s hand, the US dollar could have skyrocketed to a staggering N10,000
Pastor Enoch Adeboye, the General Overseer of the Redeemed Christian Church of God (RCCG), has boldly credited Nigeria’s current exchange rate stability to divine intervention, cautioning that, without God’s grace, the naira could have nosedived to an alarming ₦10,000 to $1.
Recall that the exchange rate is currently pegged at ₦1,730 to a dollar.
Speaking with urgency and conviction at the Special Holy Ghost Congress in Abuja, Pastor Adeboye boldly declared that the naira’s catastrophic freefall was only stopped through the relentless prayers of himself and his congregation.
Adeboye described the situation as dire, warning that, without God’s mercy, the naira could have plunged to an astronomical ₦10,000 to $1, a disaster that would have crippled the nation’s economy.
The cleric emphasized that, in the face of overwhelming economic uncertainty, it was not human policies or governmental decisions that saved Nigeria, but the steadfast faith of believers.
His words;
“I called on my people to pray, and some people joined in. Because the way the naira was declining, if God had not intervened, by now, $1 would be about N10,000. But God stepped in”
Pastor Adeboye took a moment to reflect on the deep-rooted challenges that plagued Nigeria before President Bola Tinubu’s administration, painted a sobering picture of the nation’s economic struggles.
He pointed out the crippling reliance on imported fuel, a paradox that has persisted despite billions of dollars being funneled into refinery projects over the years.
Adeboye said, “Before our president came in, everybody knew that the major reason we were having financial problems is the fact that a lot of money was being spent to import petrol.
“How can we be importing petrol when we have this resource in abundance here?
“We spent billions of naira on our refineries, and yet they didn’t work. So, we had to keep on importing fuel.”
He remarked that the removal of subsidies initially ignited a glimmer of hope for much-needed reform and economic recovery. However, that optimism was short-lived as the move quickly faced fierce opposition from those who had been thriving under the old system.
He added;
“That’s why when the president came in, the very first day he came, he said these money spent on importing petrol are canceled. We were all rejoicing but some people were angry — those making money from importing petrol.
“Then they decided to create problems, and suddenly, the naira began to decline rapidly”
WATCH HIM SPEAK IN CLIP BELOW
“If we had not prayed, $1 would have been ₦10,000 by now. God stepped in and saved Nigeria”
-Pastor Adeboye pic.twitter.com/kgjYpOWTZM
— CHUKS 🍥 (@ChuksEricE) November 15, 2024
Discussion about this post