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Adeboye Speaks On What Might Happen To Nigeria Over Debts



The General Overseer of the Redeemed Christian Church of God, Pastor E. A Adeboye has revealed his discussion with a friend on the ₦55 trillion debt of Nigeria.

Adeboye while speaking at the service organized to mark Nigeria’s 61st independence anniversary and the 45th anniversary of the Christian Association of Nigeria, expressed his surprise when he heard that President Muhammadu Buhari has requested her loan.

He further stated that it is good to be optimistic that all will be well again in the country.

Adeboye disclosed that his friend revealed that if the country can not pay back the debt, the creditor might seize the most valuable thing in the country.

Adeboye said, “I have a friend that we schooled about the same time and we were also born at about the same time. He is always optimistic about everything. When we heard that Nigeria was owing N55tn, he said ‘praise the lord’, and when I looked at him with a question on my face, he quickly said those who are praying for ‘one Nigeria’ are many and that the creditors know that if the country does not survive, they won’t be able to get their money back.

“When we later heard that the interest Nigeria has to pay on debt is 98 per cent of our total income and that even the Senate has approved that we should borrow more, he said ‘glory be to God’.

“I said how would you say glory be to God? He said ‘when what you owe is more than what you can pay, the creditors have a choice. It is either they forgive you your debts or you go ahead and declare bankruptcy. They get angry and then they come and seize the most valuable thing you have.’

“He said that the most precious thing the debtors can seize in this country is the Aso Rock. When I said, what is there to thank God for in that? He said ‘have you not been listening to the news that the President said he would love to visit Daura every two weeks?

“So, he told me that if they seize Aso Rock, his (Buhari’s) request would be granted, he won’t have to be visiting Daura every two weeks. He would just move the seat of power to Daura, his home town.”

is an Associate at Naija News. He is a news media enthusiast, he holds a degree in psychology and loves exploring and sharing about the enormous power that lies in the human mind. Email: [email protected], Instagram: adeniyidman