The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, has claimed that Nigeria’s current exchange rate stability is a result of divine intervention.
The cleric made this known while speaking at the Special Holy Ghost Congress in Abuja.
According to him, the naira exchange rate to the dollar, which currently stands around N1,730, would have been N10,000 to the dollar if he, alongside others, had not prayed for divine intervention over it.
He also highlighted the challenges Nigeria faced prior to President Bola Tinubu’s administration, emphasising the nation’s reliance on imported fuel despite the substantial investments made in refineries.
Adeboye noted that while the removal of subsidies initially inspired hope for positive change, it soon encountered opposition from individuals who had been profiting under the previous system.
He said, “Before our president came in, everybody knew that the major reason we were having financial problems was 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.”
“That’s why when the president came in, the very first day he came, he said these money spent on importing petrol are cancelled. 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.
“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.”
See the video below:
https://x.com/chukserice/status/1857390683633369579?s=46
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