Pastor E.A. Adeboye, General Overseer of the Redeemed Christian Church of God (RCCG), has revealed that Nigeria’s economic woes could have been much worse without divine intervention. Speaking at the Special Holy Ghost Congress in Abuja, Adeboye stated that the exchange rate could have skyrocketed to ₦10,000 for $1 if not for God’s help.
Adeboye attributed Nigeria’s financial struggles to its reliance on fuel imports and the ongoing issue of non-operational refineries. Despite being an oil-rich nation, Nigeria continues to import petrol, wasting billions on ineffective refineries. The situation worsened when the president cancelled the subsidy on petrol imports, angering those who benefited from it and creating more problems.
As the naira continued to decline rapidly, Adeboye shared that he prayed fervently, grateful that others joined him. He emphasized the importance of divine intervention, saying, “If God hadn’t intervened, $1 could have been worth N10,000 by now. This illustrates how much we need prayers”