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$1/N10,000 Claim: Drama As Pastor Adeboye Makes U-turn, Blames Petrol Importers

The General Overseer of the Redeemed Christian Church of God, Enoch Adeboye, has claimed his intervention prevented Nigeria’s naira from exchanging N10,000 for one dollar, accusing petrol importers of causing the currency’s woe.

Speaking at a recent Abuja Holy Ghost Congress, Mr Adeboye said, “Before our president came in, everybody knew that the reason we were having financial problems – we have been having it o, before he came in – is the fact that a lot of money was being spent to import petrol.

“Ah! How can we be importing petrol where we have this thing in abundance here? We spent billions of naira on our refineries, they didn’t work. So we can be able to keep on importing.”

The so-called man of God claimed that fuel importers were upset with President Bola Tinubu’s decision to do away with petrol importation by removing the petrol subsidy.

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“That’s why when the president came in, the very first day he came, he said this money that they spend in importing petrol, he says he cancelled it. We were all rejoicing, thank God. But some people were angry, those who were making money from importing petrol. Then they decided okay, we will create a problem,” Mr Adeboye told his congregants.

The RCCG spiritual leader added, “Then all of a sudden, naira began to go down, fast. I cried to my people, let us pray. Thank God some people joined me in praying. Because the way naira was going then, if God had not intervened, by now, 1$ would be about N10,000.

“But God stepped in. Just to show you that we need prayers. And you know this has nothing to do with politics, I’m not a politician and I will never be one. That’s not my calling.”

The naira has been in free fall since Mr Tinubu assumed office following his exchange rate unification.

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At the parallel market on Friday, the naira is N1,745 to one $1.

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