The leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has predicted that the West African CFA franc (Cefa) will become stronger than the Nigerian naira in 2024, while one US dollar could rise to a record as high as N1400.
In his annual 91-page prophecy book, Primate Ayodele warned that the Nigerian economy faces significant challenges in the coming year. He urged the government to implement “well-moderated and coordinated” economic policies to stabilize the naira and prevent further economic decline.
According to a news report, he said, “The spirit of God says the Nigeria economy needs a lot of prayers for it to be revived. The economic policies and activities need to be well moderated and coordinated in order to achieve desired results.”
“I foresee that under the current realities, the cefa will be stronger than the Naira. Also, the Dollar to Naira will rise to N1400 and this will shake the economy so badly; there are forces that are hell bent at frustrating the Tinubu-led Federal government, but they will not be successful.”