The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor E.A. Adeboye, has stated that, without divine intervention, the exchange rate could have reached N10,000 for $1.
Speaking at the Special Holy Ghost Congress in Abuja, he attributed
Nigeria’s financial struggles to its reliance on fuel imports and the ongoing issue of non-operational refineries.
According to him, “We need help, and it’s not human help; it’s divine
help.
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 hadn’t intervened, $1 could have been worth N10,000 by now. This illustrates how much we need prayers” he added.
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