The clergyman, in a statement signed by his spokesman, Oluwatosin Osho, said the economic situation of Nigerian will still worsen to the point that petrol would sell for N250/liter, and one sachet of pure water will sell for N50.
According to him, the inflation rate will continuing rising until the government can no longer pay salaries, forcing the Police and Army to go on strike.
His words,
“Our economy is in serious shambles; it will get to a point where the police and Army will go on strike because of payment.
“There will be inflation in the country, and pure water will sell for N50, local rice will sell for N30,000, five litres of groundnut oil will sell for N5,000, there will be no N200 bread, Congo of garri will sell for N1500, with N1,000 you won’t be able to feed yourself, cement will sell between N5,500-N6,000, minerals will sell for N200, Petrol is still going to N250/Litre.
“Nothing is coming out of this government anymore; it is confusing and will affect the rich and poor, and even banks will fold up and forcefully retire some of their staffers. With this economy, hard times await private sectors; multinational companies will begin to shut down.”
