the clergyman announced via Facebook on Wednesday that until there is a significant improvement the ministry would discontinue its scholarship program.
Apostle Chibuzor Chinyere, the founder of the Omega Power Ministry (OPM) has announced the suspension of all overseas scholarships sponsored by his church.
This followed the depreciation of Naira to a new low of N1,200 per dollar in the parallel market.
The clergyman took to Facebook on Wednesday to announce the new resolution of his church.
He said until there is a significant improvement with regard to the valuation of the Naira, the ministry would discontinue its scholarship program at the University of Benin Republic after the current session, while the Nigerian university scholarship would continue.
He said, “All overseas scholarship is hereby suspended. We shall continue to pay the school fees, accommodation, and the OPM free restaurant in Benin Republic till graduation.
“But we would not be adding anymore new students for now until CFA exchange to Naira improves, but only Nigerian university scholarship will continue for now until the dollar and CFA improves.”
The Port-Harcourt based pastor who apologised to all beneficiaries affected by the decision, beckon to them to pray to God to intervene and make the naira strong again.