Lasun Alagbe
As the Nigerian currency continues to slump against international monies, the General Overseer of the Redeemed Christian Church of God, Pastor E A Adeboye, has taken the case of those devaluing it to God.
The naira is experiencing the worst in the history of Nigeria, now exchanging for about N490 in the parallel market.
Although Nigeria used to be stronger than the dollar, up till the early 1970s, bad governance soon got it afflicted with unending fall.
While it was around N22,00 in 1999 when democracy returned, it has since then suffered regression, with the worst having hit it in the present dispensation.
The Central Bank has continued to feed the market with forex but some market forces have rendred the gesture unsustainable.
Yet, the economy remains import-dependent.
Commenting on the situation when preaying at the Holy Ghost Convention on Saturday, Adeboye said: “During our first Convention here at the Redemption Camp, I was bold, I asked everybody to come, free feeding. They came, I ran out of money. My wife came to me in the morning, ‘Sir, we need N5,000.’
“Naira was powerful then. It will become powerful again. Those who are deliberately devaluing our naira, before tomorrow morning, God will intervene.
“So, my wife said we needed N5,000. I asked her, ‘Do you need it today or later?’ She said today. I didn’t have a kobo. I told her to go. I cried to God that I needed a breakthrough. It wasn’t long after that, one man drove in, he wasn’t a member of the church.
“He asked what’s going on and we said we are having a Convention. And then, he put his hands in his pocket and brought out an envelope with some money.
“I then called on my wife and asked her, ‘How much do you say you need?’’
