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General News

Billionaire Pastors Running Nigeria’s Megachurches

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Prophet Temitope Joshua, founder of the Synagogue Church of all Nations (SCOAN)
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When a guesthouse belonging to one of Nigeria’s leading Christian pastors collapsed last month, killing 115 mostly South African pilgrims, attention focussed on the multimillion-dollar “megachurches” that form a huge, untaxed sector of Africa’s top economy, according to Reuters

Hundreds of millions of dollars change hands each year in these popular Pentecostal houses of worship, which are modelled on their counterparts in the United States.

Some of the churches can hold more than 200,000 worshippers and, with their attendant business empires, they constitute a significant section of the economy, employing tens of thousands of people and raking in tourist dollars, as well as exporting Christianity globally.
 
But exactly how much of Nigeria’s $510 billion GDP they make up is difficult to assess, since the churches are, like the oil sector in Africa’s top energy producer, largely opaque entities.

“They don’t submit accounts to anybody,” said Bismarck Rewane, economist and CEO of Lagos consultancy Financial Derivatives. “At least six church leaders have private jets, so they have money. How much? No one really knows.”

When Nigeria recalculated its GDP in March, its economy became Africa’s biggest, as previously poorly captured sectors such as mobile phones, e-commerce and its prolific “Nollywood” entertainment industry were specifically included in estimates.

There was no such separate listing for the “megachurches”, whose main source of income is “tithe”, the 10 percent or so of their income that followers are asked to contribute.

As the churches have charity status, they have no obligation to open their books, and certainly don’t have to fill in tax returns — an exemption that is increasingly controversial in Nigeria, where poverty remains pervasive despite the oil riches.

The pastors argue their charity work should exempt them.

“We use the income of the church to build schools, we use the income of the church to serve the needs of the poor,” David Oyedepo, bishop of the popular Winners Chapel, told Reuters in an interview. “These are non-profit organisations.”

PASTORS ON FORBES LIST
Nonetheless, the surging popularity of the megachurches among the Christians who make up half of Nigeria’s 170 million population has propelled their preachers into the ranks of the richest people in Africa.

In 2011, Forbes magazine estimated the fortunes of Nigeria’s five richest pastors. Oyedepo topped the list, with an estimated net worth of $150 million.

He was followed by “Pastor Chris” Oyakhilome of Believers’ LoveWorld Incorporated, also known as the Christ Embassy and popular with executives and politicians, on $30 million to $50 million.

TB Joshua, pastor of the Synagogue Church of All Nations, at the centre of the recent diplomatic storm over the deaths in its guesthouse, was thought to have $10 million to $15 million.

The National Bureau of Statistics (NBS) declined to comment on how churches fit into their GDP figures, but a source there said they were included as “non-profit”, which falls under “other services” in the latest figures. In 2013, the category contributed 2.5 percent of GDP, the same as the financial sector.

A former banker at Nigeria’s United Bank for Africa, who declined to be named, recalled being approached five years ago by a church that was bringing in $5 million a week from contributions at home or abroad.

“They wanted to make some pretty big investments: real estate, shares,” he said. “They wanted to issue a bond to borrow, and then use the weekly flows to pay the coupon.”

In the end, he said, the bank turned down the proposal on ethical grounds.

Yet Nigerian churches do often invest large amounts of their congregations’ money in shares and property, at home and abroad, he and another banking source said.

One pastor bought 3 billion naira ($18 million) worth of shares in the defunct Finbank, which later merged with FCMB, after it was rescued in a bail-out in 2009, a fund manager who handled the deal told Reuters. The pastor used a nominee trust account to keep his name off the books.

In 2011, Oyakhilome was investigated by the Economic and Financial Crimes Commission (EFCC) and charged with laundering $35 million of contributions to his church in foreign bank accounts. He denied all wrongdoing and the case was dismissed for lack of evidence.

Oyakhilome was not available for comment and Joshua’s media team declined a request for an interview with him.

MIDAS TOUCH

Oyedepo’s headquarters, “Canaanland”, is a 10,500-acre (4250-hectare) campus in Ota, outside the commercial capital Lagos. It comprises a university, two halls of accommodation, restaurants and a church seating 50,000 people, with a total overflow capacity of five times that.

“You can see that everything this man touches turns to gold,” Nigerian Agriculture Minister Akinwumi Adesina said in a speech at a reception for Oyedepo’s 60th birthday at Canaanland last month.

“May the grace of God abide with you,” he added, to a rapturous “Amen!” from the guests in a marquee.

Other dignitaries present included twice-president Olusegun Obasanjo and former military ruler Yakubu Gowon. A choir sang gospel songs as the guests cut an elaborate six-tiered cake and popped fizzy grape juice out of champagne bottles in golden wrapping — alcohol is banned in Canaanland.

The next day, he delivered four Sunday services in a row to tens of thousands of cheering followers, his white-suited figure projected onto large flat-screen televisions all around.

“From today, no evil spirit, no demon will survive the Almighty!” he shouted, and the crowd roared “Amen!”.

A spokesman said the church has 5,000 branches across Nigeria, and 1,000 more in 63 other countries across five continents. But Oyedepo’s empire also includes two fee-paying universities that he built from scratch, a publishing house for Christian self-help books, and an elite high school.

Other pastors have similarly diversified ways of getting the Gospel of Christian salvation out.

Oyakhilome owns magazines, newspapers and 24-hour TV station, and Joshua draws miracle-seekers from all over the world with claims that the holy water he has blessed cures otherwise incurable ailments such as HIV/AIDS.

Before Joshua built his 10,000-seat headquarters at Ikotun-Egbe in outer Lagos, the area was part swamp, part abandoned industrial estate.

Now, it is a boom town with shops, hotels, eateries and bars catering largely to the travellers who come not only from West Africa but also from all corners of the globe to hear his sermons. Joshua also runs a TV station.

“BLESSED BY THE LORD”

Guests entering Oyedepo’s birthday marquee in Canaanland would have seen a picture of the poor household in southwest Nigeria where he grew up, testament to a rags-to-riches story that many Nigerians would love to emulate.

Like U.S. televangelists, Winners Chapel preaches the “prosperity gospel” that faith in Jesus Christ lifts people out of poverty, and that message partly explains the explosion of the Pentecostal movement in sub-Saharan Africa, where misfortune and poverty are often seen as having supernatural causes.

“We see giving as the only way to be blessed. Blessing other people is a way of keeping the blessings flowing,” said Oyedepo, whose blessings include a Gulfstream V jet and several BMWs.

Giving to support the church and its work is something the faithful are encouraged to do, a Christian tradition that was a pillar of the Roman Catholic church in medieval Europe, just as it has been a major money-spinner for U.S. televangelists.

Aneke Chika, a business analyst in an oil services company, told Reuters on the steps of Oyedepo’s church that she set aside 20,000 naira of her 200,000 naira ($1,218) salary every month.

Asked about Forbes’ estimate of his fortune, Oyedepo told Reuters: “For me, to have fortune means someone who has what he needs at any point in time. I don’t see myself as having $150 million stacked up somewhere. Whatever way they found their figures, I am only able to say I am blessed by the Lord.”

He said he could not estimate the church’s total revenues or expenditure on items such as salaries because the various departments, including education, were too diverse.

The enterprises on the Canaanland campus, from the shops selling cold sodas and bread, to a woman boiling instant noodles and eggs for breakfast in a lodge, to pop-up book stalls hawking Oyedepo’s prolific literary output, are owned by the church’s estate, which employs their staff on its payroll, workers at all the outlets told Reuters.

Winners Chapel’s Corporate Affairs department said the church employed more than 18,000 people in Nigeria alone.

Oyedepo says the wealth the church gathers is invested in expanding it, and that if he did not use a private jet, he would be unable to oversee its many foreign operations and still return to Ota every week in time for Sunday’s worship.

Britain’s Charity Commission says it is reviewing potential conflicts of interest in his finances, and last month the Home Office (interior ministry) barred him from Britain, though it declined to say why.

Oyedepo said he knew nothing of the commission’s review, nor had the Home Office explained to him why he was barred.

A national conference to debate Nigeria’s constitution this year proposed that the megachurches should be taxed.

But with an election coming up in February, it is debatable whether President Goodluck Jonathan, who is close to several megapastors, would risk upsetting these influential men and their hefty congregations with a fat tax bill.

“There is no single government input on this premises,” Oyedepo told Reuters in the interview. “We supply our water, we make our roads, then you … say: ‘Let’s tax them’. For what?”


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1st of April Joke or a Cyberattack, Tips to Avoid Both

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A recent survey by Kaspersky has showed that 43.5% of employees and business owners using computers in the Middle East, Turkiye and Africa (META) region faced a situation when colleagues (24%), friends or relatives (19%) made jokes with their unlocked computer.

These jokes included sending funny messages or emails on behalf of the accounts’ owner, placing a screenshot of the desktop as a desktop background, and leaving unexpected pictures, notes, or photos in the files. At the same time just less than 3% of the survey respondents admitted to making such jokes themselves.

Similar tricks are also used by cyber attackers. For example, a phishing website may open in a new window in full-screen mode, so that the original browser bar with the phishing URL becomes invisible.

Instead, the attackers replace it with an image of the browser bar with the official link of some well-known organisation. This image may display various messages (both visual and audio), such as warnings that the computer has been blocked and a fine must be paid.

If the user does not know how to exit full-screen mode in the browser, they may think their computer is really locked. To escape such a trap, users can press F11 or Alt+F4 on Windows, or Cmd+Ctrl+F on a Mac, to exit full-screen mode and regain control.

Short links and QR codes should always be treated with vigilance as they may lead to unpredicted downloads or websites, not only claiming to be an “April Fools” joke. QR code phishing, known as Quishing, has been a growing concern in recent years.

Since there are threat actors looking to benefit from people’s trust in a service, it’s worth checking such links by copying and pasting them into a tool like GetLinkInfo or UnshortenIt. Cybersecurity solutions help with a built-in QR scanner that lets users check the link and warns users about landing on a dangerous website.

Additionally, hovering over a short link (without clicking) can sometimes reveal the true destination URL in the browser’s status bar, offering a quick safety check.

“Of course, a friendly joke won’t lead to the loss of money or data, that is the case with cyber attacks but may still be very unpleasant. Following simple rules when working with a computer, tablet or phone will help to avoid unpleasant consequences.

Be vigilant, have strong passwords in place and keep your devices locked,” notes Brandon Muller, technology expert and consultant at Kaspersky.


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SERAP Asks National Assembly to Drop Bill to Jail Nigerians who Fail to Vote

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Tajudeen Abbas, speaker of the House of Representatives, and Godswill Akpabio, Senate president
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Socio-Economic Rights and Accountability Project (SERAP) has urged Godswill Akpabio, Senate president, and Tajudeen Abbas, speaker of the House of Representatives, “to immediately withdraw the oppressive bill which contains repressive provisions to jail any Nigerian of voting age for six months and/or impose a fine of N100,000 on them if they fail to vote in national and state elections.”

SERAP Asks National Assembly to Drop Bill to Jail Nigerians who Fail to Vote

SERAP urged Akpabio and Abbas to instead “amend the Nigerian Constitution 1999 [as amended] and the Electoral Act 2022 to remove constitutional immunity for state governors and their deputies who commit electoral offences, including vote-buying, to facilitate the investigation and prosecution of perpetrators.”

SERAP also urged Akpabio and Abbas “to amend the Nigerian Constitution and the Electoral Act to explicitly prohibit the appointment of members of any political party as resident electoral commissioners (RECs) of the Independent National Electoral Commission (INEC).”

There is currently in the National Assembly a ‘Bill for an Act to Amend the Electoral Act 2022 to Make It Mandatory for All Nigerians of Majority Age to Vote in All National and State Elections and for Related Matters.’ The bill seeks to make voting compulsory and prescribes a six-month jail term or a fine of N100,000 or both for non-compliance.

In the letter signed by Kolawole Oluwadare, deputy director, SERAP at the weekend,  the organisation said: “Jailing eligible Nigerians for deciding not to vote would be entirely inconsistent and incompatible with the letter and spirit of the Nigerian Constitution and the country’s international human rights obligations.”

SERAP said, “Rather than proposing bills that would severely punish Nigerians who may decide not to exercise their right to vote, the National Assembly ought to propose bills to remove constitutional immunity for governors and their deputies who commit electoral offences and undermine the integrity of the electoral process.”

According to SERAP, “The most effective way to solve the perennial voter apathy is to create a safe and conducive environment, combat the impunity of high-ranking politicians who commit electoral offences, and generally improve the electoral process to encourage the citizens to come out to vote, and not to send them to jail.”

The letter, read in part: “Should the National Assembly fails to drop the bill prescribing a six-month jail term for eligible Nigerians who decide not to vote in national and state elections, and should any such bill be assented to by President Bola Tinubu, SERAP would consider appropriate legal action to challenge the legality of any such law and ensure they are never implemented.”

“The idea of compulsory voting and jailing citizens for not voting is impracticable, unnecessary and unlawful. The right to vote is part of citizens’ right to participate in their own government and the choice of whether to exercise it is personal.”

“The right to vote includes the right not to vote. If the right to participation is a right of the citizen, she/he must be free to decide whether or not to exercise it.”

“Because the notion of a democracy exists by virtue of the consent of the citizens, voters must get to choose how they exercise consent, not be forced to the polls like ‘cattle to the slaughter.’”

“The National Assembly ought to propose bills to reduce the influence of money in politics, and encourage and not compel the exercise of the right to participation.”

“The proposed bill is a blatant violation of the right to political participation, which is guaranteed under section 14(1)(c) of the Nigerian Constitution, article 25 of the International Covenant on Civil and Political Rights and article 13 of the African Charter on Human and Peoples’ Rights to which Nigeria is a state party.”

“SERAP also urges you to amend the Nigerian Constitution and the Electoral Act to include explicit mandatory provisions on internet voter registration, and the use of modern technology, including in casting and counting, voter registration and systems for reporting results.”

“Amending the Nigerian Constitution and the Electoral Act to explicitly include the right of eligible Nigerians to vote and to vote securely would enhance the effective enjoyment of their right political participation and representative democracy.”

“It would rebuild public confidence in the ability of the National Assembly to effectively perform its constitutional responsibilities.”

“Any amendment of the Nigerian Constitution and the Electoral Act must include bills to address and punish governors and their deputies and their agents who commit electoral offences including voter suppression, voter intimidation and the destruction of polling units or theft of election materials.”

“It is important for the National Assembly to introduce and pass bills that would effectively rein politicians who continue to abuse the electoral rules to distort and undermine the right to participation with almost absolute impunity.”

“Removing constitutional immunity for governors and their deputies who commit electoral offences would address the brazen impunity for electoral and human rights crimes which frequently characterise the country’s elections.”

“The major problem facing the country’s democracy is the lack of respect for Nigerians’ right to participation and the concomitant lack of trust in election results. If citizens do not believe in the election process, then the entire system of democratic government becomes a questionable enterprise.”

“The crisis confronting Nigerian elections and lack of public trust and confidence in the electoral process can be addressed if the right of Nigerians to vote and to vote securely is explicitly recognized in the constitution as justiciable right.”

“Nigerians do not currently enjoy explicit right to vote and to vote securely. Although the Nigerian Constitution 1999 [as amended] provides in Section 14(1)(c) that, “the participation by the people in their government shall be ensured in accordance with the provisions of this Constitution”, this is not recognized as legally enforceable human right.”

“Nigerian election laws ought to be such that would give effect to the electorate’s will and uphold the popular mandate through clean, fair, and honest elections. The right to vote in a democracy is important because so many other matters depend upon its exercise.”

 


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FG to Elevate Enugu Tech Festival to National Event – Minister

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Dr. Bosun Tijani, minister of Communication, Innovation, and Digital Economy, has annunced plans to elevate Enugu Tech Festival (ETF), to a national event.

FG to Elevate Enugu Tech Festival to National Event – Minister

Enugu Tech Festival is scheduled for May this year,

The minister during a working visit to Enugu State, disclosed plans to personally attend the festival and ensure its expansion to attract tech professionals from across the country.

The Enugu Tech Festival would help to strengthen the ongoing collaboration between the state and the federal government in advancing technological innovation, digital infrastructure, and entrepreneurship in the southeast region.

Commending the leadership of Governor Peter Mbah, Tijani praised his vision for fostering innovation and technological development in Enugu.

He lauded the governor’s achievements in critical sectors such as infrastructure, education, and industry, highlighting how the advancements lay the foundation for a vibrant digital economy that will empower the state’s youth.

The minister outlined a series of groundbreaking initiatives aimed at further transforming Enugu’s technological landscape.

One of the most significant announcements was the launch of the Project 774 Connectivity Initiative, a project designed to bring internet access to all 17 local government secretariats across the state.

Powered by Galaxy Backbone and NIGCOMSAT, the initiative will ensure seamless connectivity for government offices and the public, facilitating efficient governance and service delivery.

The collaboration between Galaxy Backbone and Enugu State will lead to the establishment of a Digital Innovation Complex.

The complex will serve as a hub for technological growth, digital innovation, training, and entrepreneurial support.

It will also connect over 200 state-owned institutions, including schools, healthcare centers, and government offices, to reliable internet services, further enhancing the state’s digital infrastructure.

Tijani announced the federal government’s plan to extend internet access to underserved areas in the state through the Universal Service Provision Fund (USPF).

“This effort will include the installation of a new base station and the laying of 15 kilometers of fiber optic cable to provide high-speed internet.

“As part of this initiative, computer laboratories will be set up in one secondary school and one tertiary institution in Enugu,” he said.

He also announced plans to establish an Artificial Intelligence (AI) Regional Centre at the University of Nigeria, Nsukka.

“This centre will become a focal point for AI research and development in the South East, offering state-of-the-art facilities to foster innovation in artificial intelligence”, he added.

“As part of this initiative, we plan to train 100 cybersecurity professionals in Enugu, boosting the state’s cybersecurity capabilities as part of a nationwide effort.

“The Digital Literacy for All (DL4ALL) initiative, will train 1.155 million Enugu residents in essential digital skills by 2027.

“This program will prioritise underserved groups, including artisans, market women, civil servants, and students, ensuring that everyone has the opportunity to engage with the digital economy,” he said.

The minister also expressed satisfaction with the success of the 3MTT Programme in Enugu, which has already received over 14,000 applications, adding that the program aims to empower the youth by equipping them with the skills necessary to thrive in the digital economy, to train over 150,000 fellows in the state.

Other key projects unveiled included the establishment of a Tier III Data Centre, a Co-working Space for tech entrepreneurs and SMEs, and an Incubation Hub to support innovation and provide mentorship and funding to tech startups.

 

 

 

 

 

 

 


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