The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, has said exchange rate could have reached ₦10,000 for $1 if not for divine intervention.
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.
He said, “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.
“If God hadn’t intervened, $1 could have been worth N10,000 by now. This illustrates how much we need prayers”.
