Primate Ayodele reveals how Tinubu can reduce high rate of Dollar

The leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has revealed how President Bola Ahmed Tinubu’s administration can reduce the high rate of dollars.

Ayodele said the increase of the dollar is caused by too much dependence on foreign products.

The clergyman stated this via his X page (formerly known as Twitter) @primate_ayodele, on Sunday, October.

He said dollars will drop but the Tinubu’s administration cannot bring it down to N350-400 anymore. The man of God said the dollar is not the problem of Nigeria and the people should stop focusing on it.

Primate Ayodele advised the federal government should focus on and encourage local manufacturers, and agriculture, which will make food available, “Nigerians need to understand that the incessant increase of the dollars is majorly caused by too much of dependence on foreign products.

However, I will advise that the FG should invest more in the local content, and this will reduce the high rate of dollars.”

Meanwhile, Legit.ng reported that Ayodele advised the governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, to withdraw the new naira notes.

On why the new notes should be withdrawn, Primate Ayodele said they are “satanic, demonic" and constitute "a bad omen to Nigeria’s economy”.

According to the cleric, printing more of the new notes will run Nigeria into a big loss, which can be avoided by merely withdrawing it.