Pastor Adeboye Condemns Buhari, CBN Over Redesigned Naira Notes

November 7, 2022
Pastor Adeboye Speaks On His Successor At RCCG

The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, has joined the list of persons criticising President Muhammadu Buhari’s decision to redesign the naira.

Prime Business Africa had reported that President Buhari authorised the Central Bank of Nigeria (CBN) to redesign the naira. He said the purpose was to reduce inflation, currency counterfeiting and excess cash in circulation. 

Join our WhatsApp Channel

The decision to redesign naira has received commendation and knocks from several notable Nigerians, and Pastor Adeboye joined the latter during the November Holy Ghost Service, themed, ‘Let It Rain’. 

He said the naira isn’t worth anything, but the priority of the central bank is to beautify the currency. Adeboye told the congregation that nothing makes sense anymore, and Nigerians could develop hypertension if they don’t know how to laugh. 

“You know what’s going on in our country. It doesn’t even make sense anymore. Our naira now is not even worth the paper it is printed on. 

“And while people are hungry, trying to find enough money to buy bread to eat, our bosses are thinking of making the naira more beautiful, even if it can’t buy bread, at least, it will look beautiful. Oh Lord, have mercy. 

“We have problems in the land now. Things seem to be getting funnier and funnier. If you don’t learn to laugh in Nigeria now, you will develop hypertension.” Adeboye said.

Aside from the clergyman, Governor Abdullahi Sule of Nasarawa State and Edo State Governor, Godwin Obaseki, have spoken against the decision, stating it is affecting the value of naira. 

“They say we should all bring our naira and give it to them because they want to change it for us. Is that our priority now? 

“How does changing of currency reduce the price of food in the market? They say they want to change our currency and dollars are going higher every day. We can’t even see dollars again.” Obaseki had stated.

Featured Stories

Latest from Business

Nigerian Stock Market Record Highest Level In 15-years, Equity Cap Up N59.90bn

NGX Market Cap Rises To N125.48trn — Up By N1.72trn

On Monday, March 2, the Nigerian Exchange (NGX) recorded a N1.72 trillion increase in its market capitalisation, which rose to N125.48 trillion from N123.76 trillion on Friday, February 27. The market capitalisation increased by 1.39 percent after the all-share index (ASI) expanded
Dangote Cement

Dangote Cement Records 20% Increase in 2025 Revenue

Dangote Cement Plc reported a 20.3 percent rise in revenue to 4.31 trillion naira ($2.7 billion) for the year ending Dec. 31, 2025, driven by higher prices in key markets, the company said in a filing to the Nigerian Exchange Limited. The
Previous Story

Salah Scores Brace, Liverpool Claim First Away Win Versus Tottenham

Financial Obligations Force MTN Nigeria To Borrow N125bn From Commercial Paper Investors
Next Story

MTN Reveals Nigerian Subscribers To Experience Network Disruption

Don't Miss

Cancer Survivors Call For Better Healthcare System Advocacy To Counter Stigmatisation

Cancer Survivors Call For Better Healthcare System, Advocacy To Counter Stigmatisation

Cancer survivors have called for improvement of Nigeria’s healthcare system
Ray Ekpu At 75

Ray Ekpu At 75

One of Nigeria’s most respected journalists and elder statesmen, Raymond