Recession will last for another 15 months, says Akanbi
Akanbi, who spoke last Sunday after the church’s yearly power conference, held at its campground in Ofada, Ogun State, said: “On December 31, 2015, God told us that this year will be very tough. He said if anyone survives 2016, it would be by my grace and mercy.
“God said we were complaining of inflation last year, but we have not seen anything yet. And if we are not careful, a dollar will exchange for N500. I am not a prophet of doom; it is simple economics. We should be able to see the problems coming, and if there is going to be any respite, it won’t come in the next 15 months.”
He blamed the current woes on failure to plan for the rainy days. “The pointers have been there for over six years, but we refused to plan. We thought the boom would be everlasting. Well, recession has come and everyone had better buckle up to survive.
“I know that God can still rescue the situation, if the people can adhere to little stuff. We can still get some good things out of the bad stuffs we are having right now. For example, we never thought of going into farming, as a church. But when we saw the way things were going, we acquired about 50 hectares of land for farming, because the recession is killing.”
He sympathised with President Buhari, as the situation is too overwhelming for him to handle.“The President is helpless. In fact, he is confused. He doesn’t know what to do again. The dynamics are beyond what he can grapple with. He has said it that he never knew things were so bad. Unfortunately, he has old theories. He has yester years’ understanding, which cannot cope with modern day trends.
“Corruption doesn’t go easily. As Mr. President is blocking the old ways of corruption, they are devising new ways. If God does not change people’s hearts, nobody can change their ways,” he said.