DOLLARS: Naira will regain strength as strong currency-Pastor Adeboye
The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, said Naira, Nigeria’s currency will become stronger in the coming months.
While preaching on Sunday, he said this will happen as a miracle to show what God can do.
He said: “Let me remind you of a time the convention was on. The crowd had already gathered and we had trusted God and told everybody ‘Come, God will feed you.’ And all of a sudden all money dried up and nobody knew that there was no money left in my pocket.
“And then my wife came in the morning and said ‘Darling, we’ll need N5,000 today.’ N5,000 of those days, when the naira was stronger than the dollar.”
“I know you don’t believe me. If the Lord I serve is still on His throne, those glorious days will return. Maybe when that happens you will know that there is a God of miracles.”
Questions
1. Can the Naira ever rise to meet the dollar in terms of exchange rate?
2. What level of improvement should be expected in the short and long term?
3. What issues and problems affect the strengthening of the Naira?
4. What should the federal government do to strengthen the Naira?
