Nigeria’s economy is sitting on a time bomb. – Primate Ayodele
The leader of the INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has revealed that President Tinubu’s administration will not get the solution to economic hardship in Nigeria while asking the citizens to prepare for more difficult times.
NewsReport Nigeria gathered in a statement signed by his media aide, Osho Oluwatosin, Primate Ayodele stated that the country will not survive without borrowing money, which will lead to the incapacity of so many states.
He made it known that the economy will keep fluctuating, and for the next four years, Nigeria will keep struggling with it as the economy is a time bomb that can explode at any time.
The man of God pointed out that one of the solutions to eradicating economic hardship is by fighting corruption, but canceled the possibility under President Tinubu’s administration.
Primate Ayodele also reacted to the statement of the BUA chairman to reduce cement to N3000.
He explained that it is impossible for cement to come down to that price due to the economic woes that will still befall the country.
‘’I want to advise the minister of finance and CBN governor that there is no way Nigeria will survive without borrowing.
So many states will be incapacitated if the country doesn’t borrow.
Nigeria’s economy is sitting on a time bomb, and the government will not find a solution to its economic troubles.
We will continue to suffer this for four years. ‘’ ‘’ The president needs so much work in the economy; if you don’t fight corruption, you can’t eradicate economic hardship, and I don’t see that fight happening.
The CBN governor is sitting on the hot seat. ’’ ‘’BUA Cement said he will bring down cement to N3000; I am not seeing the possibility because things will get tougher.’’