Enoch Adeboye, general overseer of the Redeemed Christian
Church of God, says there are problems as Nigeria is using 98 percent of its
income to service debt.
In the first five months (January-May) of 2021, the federal
government spent a total of N1.8 trillion on debt servicing out of N1.84
trillion revenue.
The figure represented a 97.8 percent debt-to-revenue ratio
for the period.
Delivering a sermon titled, ‘Divine Involvement,’ on Sunday,
Adeboye said when God turns his hands on a nation, things will change
overnight.
The RCCG pastor said despite the problems, Nigeria will
survive.
“When I was asked to preach in Abuja last Sunday. When I asked
those who understand the language by how much we need to service our debt, they
said that is the interest you have to pay, something you pay to show you are
still alive,” Adeboye said.
“…and that what we need to pay to keep the debt breathing is
about 98 percent of our income. We have problems, and that we are still
borrowing more.
“When you read the
bible, you will find out that when God has his hands on the economy of a
nation, he can turn things around economically.
“Whether you believe it or not, Nigeria will survive. When
God is involved with a nation, he can solve a national crisis overnight.
“Have we problems in our nation — we have to be deaf or
blind to believe that we have none. We have problems and quite of few.”
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