The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, has said if not for God’s intervention, $1 would currently be equal to ₦10,000.
The RCCG General Overseer who was among the critics of subsidy removal in 2012, said the decision of President Bola Tinubu to remove the petrol subsidy was good for the economy.
Speaking at the Special Holy Ghost Congress in Abuja, Adeboye explained that before Tinubu’s administration, the root of the country’s financial issues was the importation of petrol.
He decried that Nigeria was also wasting billions of naira on the four refineries without any result.
He further accused those who were benefitting from the subsidy removal of creating problems in the economy, stressing that “we need help, and it’s not human help; it’s divine help.”
Pastor Adeboye said, “Before our current president took office, we were aware that the root of our financial issues lay in the importation of petrol….