The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, has decried Nigeria’s rising debt profile.
He described as worrisome the country’s high debt servicing figures.
He said this yesterday at the Special Thanksgiving and Prayer for President Muhammadu Buhari, governors, lawmakers, royal fathers, and their families held at the RCCG national headquarters, Throne of Grace in Ebute-Metta, Lagos.
Adeboye also spoke on COVID-19 , describing it as a noisome pestilence.
His words: “ If we have a problem in our nation, it has to do with economics. When l asked those who understand the language and how much we need to service our debt, they said that it is the interest you pay so that they will know you are alive.
“What is needed to pay and keep our debt breathing is about 98 percent of the nation’s income. We have problems and we are still borrowing a little bit more.”.
Adeboye however, assured that when God is involved in the affairs of a nation, he can turn the tide of its economy for good.
