This is a very crucial part of a nation's wellbeing. This is what determines the standard of living of the people-poor or rich. Nigeria is a richly endowed nation but the living standard of most Nigerians is less than $1 per day (N160). Corruption is the largest problem followed by illiteracy, over population, mismanagement, suboptimal utilization of agriculture and mineral resources because of crude oil and political instability.
• With the rebasing of Nigeria's economy in April 2014, Nigeria's Gross Domestic Product now stands at $510 billion making it the biggest economy in Africa. Thank God for this. But pray that this should actually translate to better standard of living of the people and not end up as mere figures. Ask God to give our government the wisdom to manage all spheres of our economy to the benefit of all.
• According to Mercer cost of living survey, out of 214 destinations, Nigeria's two major urban cities; Lagos and Abuja are ranked amongst expensive destinations in the world with Lagos placed 39 and Abuja 64 respectively. Ask God to give the government the ability to reduce the cost of living of Nigerians.
• A new Central Bank Governor has been appointed. Thank God for answers to prayers in this regard. Ask God to give him wisdom to manage and improve the state of the economy. Pray that he should remain professional on the job. That he should be a ready tool in the hands of the LORD.
• Pray God to raise a Joseph company; men and women who are shrewd and honest managers of the nation's resources and under divine direction with divine abilities, (Gen 41:39-57).
• Pray for our banking and finance sector, a major player in our economic wellbeing to be led by people who carry out their work with integrity, fear of God, diligence and professionalism. Pray against all sharp practices in this sector that ethical values and character be upheld as their watchword.
• Bind every Babylonian spirit, covetousness, spirit of pride, occultism and love of money. Command these spirits to loose their hold over the managers of the economy and let the Holy Spirit take over them.
• Ask the Lord to stir up the hearts of our legislators to promulgate laws to enhance our economy.
• Declare the Lordship and Sovereignty of Jesus Christ over the various sectors of our economy. Pray that He rules and reigns over these sectors and their managers.
• Pray for the Central Bank of Nigeria to come up with policies that favor the economy and not those with shades of religious under tone.