Primate Elijah Ayodele, the Leader Of INRI Evangelical Spiritual Church, has issued a strong warnings on the current state of Nigeria’s economy.
The cleric warned that dollar exchange may increase to N520 and that the cost of petroleum products will increase to N280 per liter.
The statement was signed and forwarded to Newsmen by his Media Office, the clergyman warned of an impending food and petroleum scarcity from July.
He further urged Federal government to support the Nigerian farmers to stop the increment in the price of essential food items.
His statement partly read: ‘’If the government doesn’t work on the economy, Dollar price will increase to N520, there will be petroleum scarcity because the prince will rise to N280/litre
‘’As from next month, food will be more expensive, the government should support the farmers to avoid this if not essential food will become more expensive.’’