The Leader Of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has predicted that the economic situation in the country will get worse as dollar will soon rise to N650.
The cleric disclosed this in a statement issued by his spokesman, Oluwatosin Osho, expressing that there will soon be an increase in standard and cost of living.
He said, “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.”