spot_img
spot_imgspot_img
April 18, 2026 - 5:46 AM

ECWA Commends CBN for Naira Appreciation

—

The Evangelical Church Winning All (ECWA) expressed its appreciation for the Central Bank of Nigeria (CBN) and its effective monetary policies, particularly those that have contributed to stabilizing the naira against other currencies, notably the dollar. 
This commendation was conveyed in a communique released following the conclusion of its 71st General Church Council, held in Jos from Monday to Friday.
Reverend Dr. Stephen Panya, the President of ECWA, presented the communiqué, highlighting the council’s satisfaction with the proactive measures undertaken by the CBN to prevent the devaluation of the naira.
The church emphasized the importance of sustaining these efforts to combat inflation and alleviate the burden of high costs of goods and services in Nigeria, which relies heavily on imports.
However, the council expressed grave concern over the prevalent hunger among citizens, primarily stemming from food shortages due to ongoing insecurity.
Rural areas, which are crucial for food production, have been particularly impacted, with farming activities severely disrupted.
To address this issue, ECWA urged both federal and state governments to take decisive action to mitigate insecurity and facilitate the resumption of farming activities.
The council also noted the adverse effects of subsidy removal on petroleum products and the subsequent increase in electricity tariffs, which have further exacerbated the cost of living in the country.
Consequently, the church called upon the government to implement measures aimed at alleviating the hardships faced by its citizens.
In addition to addressing domestic concerns, ECWA also emphasized the importance of religious tolerance on a global scale, advocating for harmony among individuals of different faiths.
This call for tolerance reflects the church’s broader commitment to promoting peace and understanding among diverse communities.
0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Share post:

Subscribe

Latest News

More like this
Related

BREAKING: Iran Reopens Strait of Hormuz Following Ceasefire Deal

Iran has announced the full reopening of the Strait...

BREAKING: Candidates on Edge as JAMB Releases First 2026 UTME Before Midnight

The Joint Admissions and Matriculation Board (JAMB) has confirmed...

US Singer d4vd Arrested After Police Find Teen’s Remains in Tesla Linked to Him

American singer, d4vd, whose legal name is David Anthony...

Army Foils Oil Theft Plot, Arrests 15 in Lagos

Troops of the Nigerian Army have apprehended 15 individuals...
Join us on
For more updates, columns, opinions, etc.
WhatsApp
0
Would love your thoughts, please comment.x
()
x