Primate Elijah Ayodele, the leader of INRI Evangelical Spiritual Church, has issued a dire warning to President Bola Tinubu, cautioning that Nigeria faces an imminent economic collapse unless urgent measures are taken.
The man of God predicted a grim scenario of a dollar exchange rate hitting ₦1,700 and a bag of rice soaring to ₦90,000 if decisive action is not implemented to address the current state of chaos gripping the nation.
In a statement released by his media aide, Osho Oluwatosin, Primate Ayodele emphasised that failure to address the prevailing crisis would prolong the economic instability, with ramifications extending until 2026.
Expressing concern over the government’s approach to the crisis, Ayodele urged for immediate action to restore stability and alleviate the burdens facing Nigerians.
He outlined key measures, including enhancing security, reducing food prices, ensuring consistent electricity supply, and promoting locally made products, as essential steps to mitigate the economic downturn and stabilise the currency.
Ayodele criticised the current administration’s strategies, warning that they would only exacerbate inflationary pressures without addressing the underlying issues.
He stressed the importance of implementing effective policies to prevent further deterioration of the economy and safeguard the livelihoods of citizens.