Kingsway International Christian Centre Pastor Raises Concerns Over Rising Poverty and Inflation in Nigeria

Pastor Ashimolowo raises alarm over rising poverty and inflation in Nigeria, urges govt action on coastal highway, cutting governance costs, and helping the less fortunate.

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Muhammad Jawad
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Kingsway International Christian Centre Pastor Raises Concerns Over Rising Poverty and Inflation in Nigeria

Kingsway International Christian Centre Pastor Raises Concerns Over Rising Poverty and Inflation in Nigeria

Pastor Matthew Ashimolowo, the Senior Pastor of Kingsway International Christian Centre (KICC) in London, has expressed grave concerns about the rising levels of poverty and inflation in Nigeria. Speaking at the 60th birthday celebration of Apostle Lawrence Achudume, the Founder and Lead Pastor of Victory Life Bible Church International, Ashimolowo highlighted the economic challenges faced by many Nigerians.

Ashimolowo lamented the huge gap between the rich and the poor in Nigeria, which he believes poses a significant danger to the country. He pointed out that the high level of inflation and the depreciation of the naira have adversely affected the purchasing power of the people, making it difficult for many to afford basic necessities.

"There is great poverty in the land," Ashimolowo stated, urging the government to take urgent action to address the growing poverty among the people, as the majority now go to bed hungry. He also expressed concern about religious leaders deviating from their mandate of preaching the gospel of Christ.

In addition to addressing poverty, Ashimolowo voiced his support for the Federal Government's N15 trillion 700-kilometer Lagos-Calabar Coastal Highway project , describing it as a necessity. He noted that about 60% of businesses in Nigeria are conducted in Lagos, while the Southwest, South-South, and South-East regions, which he considers the "basin of Nigeria's wealth," have largely impassable roads.

Why this matters: The rising levels of poverty and inflation in Nigeria have far-reaching consequences for the country's economic stability and social well-being. Addressing these issues is vital for improving the lives of millions of Nigerians and fostering sustainable development.

Ashimolowo believes that the coastal highway will decongest traffic on the Lagos-Ibadan and Lagos-Ore expressways, facilitate the movement of goods and people, and spur growth and development in the South and the rest of the country. He also urged the government to fix existing deplorable federal roads, cut the cost of governance, and consider the Keynesian economic model to help the poor.

The KICC pastor emphasized the need for the government and the wealthy to reach out and provide assistance to the less fortunate. He warned that the challenges in the country are significant and that prices may remain high even if the prices of petrol and the dollar come down. Ashimolowo's concerns highlight the urgent need for the Nigerian government to address the economic hardships faced by its citizens and work towards creating a more equitable society.

Key Takeaways

  • Pastor Ashimolowo expresses concerns over rising poverty and inflation in Nigeria.
  • He highlights the growing gap between the rich and poor, urging govt action.
  • Ashimolowo supports the N15tr Lagos-Calabar Coastal Highway project as a necessity.
  • He calls for fixing roads, reducing cost of governance, and helping the poor.
  • Ashimolowo emphasizes the urgent need to address economic hardships in Nigeria.