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Pastor Enoch Adeboye, the General Overseer of the Redeemed Christian Church of God (RCCG), stated that without divine intervention, the exchange rate could have escalated to ₦10,000 for $1.
During the Special Holy Ghost Congress in Abuja, Adeboye attributed Nigeria’s financial struggles to its heavy dependence on fuel imports, despite being a significant oil-producing nation. He criticized the millions of dollars spent on non-functional refineries, which forces the country to rely on imported petrol.
Regarding the controversial removal of fuel subsidies, Adeboye noted that this decision angered those who benefited from the previous system, further worsening Nigeria’s economic challenges.
“We need help, and it’s not human help; it’s divine help,” he emphasized.
He pointed out that the root of Nigeria’s financial difficulties predates the current administration, highlighting the ongoing importation of petrol despite the country’s abundant oil resources.
