One US dollar currently trades for N490 in the parallel market with the Nigerian currency taking a beating from other counterparts around the world.
There was a time things were not this bad for the naira and that time will come again, the General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, has said.
Adeboye stated this on Saturday morning during the Church’s annual Holy Ghost Congress held at the RCCG International Headquarters along the Lagos-Ibadan Expressway.
“During our first Convention here at the Redemption Camp, I was bold, I asked everybody to come, free feeding,” the 78-year-old pastor said.
“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?’”