“Dollar will soon rise to N650. The economic situation will be very serious if the Govt does not act now” – Primate Ayodele warns

The Leader Of INRI Evangelical Spiritual Church, Primate Elijah Ayodele has warned of an impending doom if the federal government fails to act now in terms of the economic situation in the country

In a statement by his spokesman, Oluwatosin Osho, he explained that the country needs special prayer to overcome the economic challenges.

The Cleric warned that the dollar exchange rate would soon rise to N650 due to the economic challenges.

According to Ayodele: “The economy will not be any better, and some state governors will be in debt. Workers and banks will face some challenges, we still don’t understand what this economy is talking about, and we need serious prayers at this very crucial time.

“There will be an increase in standard and cost of living. Nigeria will still borrow, and we must also be careful of our oil products.
“There are a lot of dirty things in NNPC that will open the government to risk. The economy will not smile at all, it will affect the rich and the poor.

“I see CBN rushing to print more money to salvage the economic situation of Nigeria, it will be very serious if the government doesn’t act now. The dollar cannot go back to 200 or N350 again, it will soon rise to N650.”