Primate Ayodele Warns of Economic Crisis: Predicts Dollar to Reach ₦1,700, Rice Prices to Hit ₦90k
Renowned spiritual leader Primate Elijah Ayodele has issued a stark warning to President Bola Tinubu, highlighting the looming threat of an economic collapse in Nigeria unless immediate action is taken.
In a statement relayed by his media aide, Osho Oluwatosin, Primate Ayodele painted a grim picture of the country’s economic future, predicting a drastic spike in the dollar exchange rate, with the currency reaching ₦1,700. Additionally, he foresees a significant surge in the price of essential commodities, such as a bag of rice, skyrocketing to ₦90,000.
Expressing deep concern over the current state of affairs, Primate Ayodele stressed the urgent need for decisive measures to address the prevailing chaos gripping the nation. He warned that failure to act swiftly would prolong the economic instability, with repercussions expected to extend until 2026.
Ayodele outlined several critical steps that must be taken to avert the impending crisis, including bolstering security, reducing food prices, ensuring uninterrupted electricity supply, and promoting locally made products. He emphasized that these measures are essential to alleviate the burdens faced by Nigerians and restore economic stability.
Critiquing the government’s approach to the crisis, Ayodele cautioned that current strategies would only exacerbate inflationary pressures without effectively addressing the root causes of the economic turmoil.
The spiritual leader underscored the importance of implementing pragmatic policies aimed at preventing further deterioration of the economy and safeguarding the livelihoods of citizens.
Primate Ayodele’s predictions serve as a sobering reminder of the urgent need for concerted efforts to navigate Nigeria through these challenging times and avert the looming economic catastrophe.