LAGOS, Nigeria (AP), The Anglican Bishop of Lagos West, Rt. Rev. Olusola Odedeji, has warned that Nigeria’s worsening economic hardship is eroding citizens’ purchasing power and deepening insecurity, but urged the public not to despair, saying the country will “get out of the woods” as government reforms take hold.
Speaking at the Third Session of the Ninth Synod of the Diocese of Lagos West in Ikeja, Odedeji lamented the sharp decline in the naira and rising inflation. “Sometimes you are afraid to open your phone because of the numerous requests and bank account numbers that will be waiting for you. Things are that bad,” he said.
Despite the grim outlook, Odedeji expressed optimism that Nigeria’s economy would recover, noting that many developed nations had endured similar phases before stabilizing. He said reforms introduced by President Bola Tinubu’s administration were painful but necessary, and predicted that Nigerians who have migrated abroad might eventually return once conditions improve.
The bishop also raised concerns about insecurity, pointing out that even short trips between Lagos and Ibadan now generate fear among travelers. He urged the federal government to intensify efforts to ensure safety, while commending Lagos State Governor Babajide Sanwo-Olu for supporting the church and contributing to local development projects.
Governor Sanwo-Olu, represented at the synod by Secretary to the State Government Abimbola Salu-Hundeyin, praised the Anglican Church’s role in education, healthcare, and community support, describing it as a “builder of society” that has historically contributed to nation-building.
Odedeji’s remarks reflect broader public frustration with Nigeria’s economic trajectory. Inflation has surged, the naira has weakened against major currencies, and insecurity continues to disrupt daily life. Analysts say his message of hope resonates with many Nigerians who are struggling but still looking for signs of recovery.
Globally, Nigeria’s economic challenges matter because the country is Africa’s largest economy and most populous nation. Persistent hardship and insecurity can affect regional stability, migration patterns, and international investment. Religious leaders like Odedeji play a significant role in shaping public sentiment, offering both critique and reassurance at a time of uncertainty.
