Politics

Nigeria’s economy need prayers, floating naira wrong decision – Primate Ayodele

The leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele has revealed that Nigeria’s economy needs prayers to survive the hardship it is currently in.

Primate Ayodele said the floating of naira by the Central Bank of Nigeria, CBN, is not the best for the revival of the Nigerian economy, adding that despite the hopes the policy offers, the economy will still not be in good shape.

Advertisement

In a statement signed by his media aide, Osho Oluwatosin, the man of God explained that the floating of the naira was a wrong step by President Bola Tinubu and will further lead to economic troubles as prices of commodities will also skyrocket.

For the ordinary Nigerians, Primate Ayodele made it known that the policy will not have a positive impact on them as the hardship will continue to bite harder as a result of the policy.

Advertisement

He further urged President Tinubu to look inward to tackle the country’s problems, otherwise, Nigerians will continue to suffer.

According to Ayodele: ‘’Nigeria’s economy still needs prayers to survive, the floating of the naira isn’t what the country needs at the moment.

Advertisement

“Even if it offers hope at the moment, it will lead to economic hardship and disappointment for the nation. Nothing will be appreciated, the country needs prayers because we are in economic shambles.

“We will experience a lot of economic setup and the prices of commodities will increase.

Advertisement

‘’The ordinary Nigerians will not benefit from this policy, they will still have to experience a tougher economic conditions. It is not the best idea.

‘’The President took a wrong step with the naira floating; it’s a bad idea and will not have a positive impact on our economy. The government still needs to look inward to make things better otherwise, Nigeria will suffer.’’

Advertisement
citynews

Recent Posts

Why Seyi Tinubu Can’t Be Lagos Governor- Igbokwe

A member of the All Progressives Congress (APC), Joe Igbokwe, has said Seyi Tinubu, son…

7 hours ago

Simon Ekpa Not Our Member, Should Not Be Associated With Us- IPOB

IPOB PRESS RELEASE 22/11/2024 SIMON EKPA IS NOT AN IPOB MEMBER AND MUST NOT BE…

9 hours ago

NEWSPAPER HEADLINES FOR FRIDAY 22ND NOVEMBER 2024

NEWSPAPER HEADLINES FOR FRIDAY 22ND NOVEMBER 2024. *PUNCH* Gombe begins N28bn Assembly, high court complexes…

11 hours ago

My husband assaulted me, ruined my career – Olajumoke Onibread

Former bread seller turned model, Olajumoke Orisaguna, popularly known as Olajumoke Onibread, has opened up…

13 hours ago

“I did not punch Akpabio” – Senator Bamidele speaks on alleged fight with Senate President

Senate Majority Leader, Opeyemi Bamidele has denies reports that he was involved in a fight…

13 hours ago

Speaker Obasa Clarifies Negative Perceptions As Sanwo-Olu Presents 2025 Budget

– says lawmakers united to meet yearnings of Lagosians – accuses detractors of peddling news…

13 hours ago