EFCC TO PROSECUTE EX-GOV.ODILI OVER N100BN LOOT …N25bn Investment In Arik Air

The Economic and Financial Crimes Commission is believed to be finalizing arrangements to prosecute the immediate past governor of Rivers State, Dr. Peter Odili. To this end, the anti-graft agency has assigned its officials to validate an initial report of the agency put together after an investigative process in 2006.
At the heart of the criminal misconducts thrown up by the EFCC investigative panel in 2006 is how the then governor, Dr. Odili, actively used an associate, Mr. Johnson Arumemi-Ikhide, the man famously known to be the owner of Arik Air, to loot sums estimated to be over N100billion from the treasury of the state.
The EFCC report trails the relationship between ex-Governor Odili and Mr. Arumemi-Ikhide thus:
“Prior to becoming a major contractor to the state government in 2000, Mr. Johnson Arumemi-Ikhide was a shareholder of, and an executive director in, Negris Engineering Nigeria Limited. He worked for the company for over 18 years before leaving the company as a result of misunderstanding with other management staff, to form Rockson Engineering Nigeria Limited in 2000.
“While he was still with Negris, he provided an interface between Negris and Rivers State Government during which two major contracts were secured for the company. The contracts were the supply and installation of generating sets and transformer worth N401,016,101.00. The other contract was for the supply, construction and installation of turbine power station worth N4,256,076,000.00 in 2000.
The report notes that:
“The second contract was about 60 per cent completed when Mr. Johnson Arumemi-Ikhide left Negris and suddenly became the consultant to Rivers State on the same contract using his then newly formed company, Rockson Engineering Company Limited. The remaining payments for the Negris contract were routed through his company where the sum of N734,764,749.00 is yet to be remitted to Negris.”
The report adds that:
“The incorporation of Rockson Engineering Company Limited in 2000 immediately Arumemi-Ikhide left Negris marked the beginning of siphoning huge government fund that ran into several billions of Naira through gas turbine contract scam.”
The report highlights how several billions of Naira were transferred into accounts owned by Mr. Arumemi-Ikhide:
“Rivers State Government diverted the sum of N30,031,446,589.70 at various times to account number CA 6010914407 at Zenith Bank Plc belonging to Rockson Engineering Company Limited between January 07, 2004 and December 06, 2006. Investigations also reveals that Rockson Engineering has several bank accounts with Bank PHB, Sterling Bank Plc, United Bank for Africa, First Bank Plc, Intercontinental Bank Plc and Union Bank Plc. These banks were involved in the inflated contracts between Rockson Engineering and Rivers State Government.”
The EFCC report further notes that its investigations revealed that funds were diverted from Rivers State Government’s account to Rockson Engineering Limited, where it was transferred instalmentally between March 2005 and November 2006 from bank account number 6571020007472 with Union Bank Plc to the following companies.
a. Alpha System and Commodity Company Limited—N3,957,734,700.00
b. Sea Petroleum and Gas Company-N6,623,940,500.00
c. Peg Magreet Shipping and Trading Limited -N638,320,000.00
d. Wopat Nigeria Limited – N276,100,000
e. Dairy and Livestcok Limited – N281,000,000.00
f. Arula Investment Limited – N330,000,000.000
All totaling N12,107,105,000.00.”
The investigative report made more revelations on how Mr. Aruremi-Ikhide, who the report claims has a long lasting relationship with Dr. Odili which dates back to the 1980s, was used as the main front man for Dr. Odili.
“It has also been discovered that a parallel account called Account 2, account number 0130215431600, was opened with UBA Plc in the name of Rockson Engineering. Form 2001, when the account was opened to 2002, the sum of N12,064,988,787.61 was paid into the account from the Rivers State Government. Interestingly, Mr. Arumemi-Ikhide denied knowledge of the existence of this account. So far the sum of N12,059,602,734.20 has been withdrawn from the said account. This is clear evidence of direct looting of the treasury of Rivers State,” the report asserts.

While he was still with Negris, he provided an interface between Negris and Rivers State Government during which two major contracts were secured for the company. The contract were the supply and installation of generating sets and transformer worth N401,016,101.00. The other contract was for the supply, construction and installation of turbine power station worth N4,256,076,000.00 in 2000.

In direct reference to how Arik Air was funded and established, the report explains:
“It has also been established that Arumemi-Ikhide, the business partner of the Rivers State governor, is the owner of ARIK AIR LIMITED. He used money received from the Rivers States Government to acquire all the assets and aircraft of the company estimated to be worth over N25billion.”
Further establishing a direct link between Dr. Odili, Mr. Arumemi-Ikhide and Arik Air, the report submits that:
“The political and business relationship between Dr. Odili and Mr. Arumemi-Ikhide has become more obvious since the former’s declaration to run for the Presidency. Investigations conducted at various hotels, such as Transcorp Hilton, Le Meridien, Sheraton, etc; in Abuja revealed that the Odili Campaign Organization made bookings worth N130million through his campaign management team. The money came directly from the accounts of Arik Air Limited. The origin of the money is linked directly to Mr. Arumemi-Ikhide for Dr. Odili’s campaign.

To be concluded next edition.

PEN ROBBERS! NDANUSA, MAI NASARA ILO IMPLICATED IN LOOTING FIFA U-17 N12BN HOSTING FUND

Background to Record Setting Swindle

Nigeria’s hosting of the 2009 FIFA under 17 World Cup championship otherwise known as Nigeria 2009 may have turned out to be a record setting swindle by officials of the National Sports Commission (NSC) and the Local Organising Committee (LOC) responsible for organizing the successful hosting of the tournament.
Soon after the conclusion of the football tournament on November 15, a rash of protestation and public suspicion heckled the quality of organization deployed by both the LOC and the NSC in hosting the tournament in Nigeria. Not a few sports stakeholders had questioned the total N12billion reported by the LOC to have been spent on hosting the tournament. The LOC was managed by Mr. Mai Nasara Ilo in the capacity of the chief executive while the supervising Ministry of the LOC, the NSC, was under the charge of Engr. Sanni Mohammed Ndanusa, chairman of the NSC and the country’s Minister of Sports.
The truth (as new facts are unfolding) suggests that the hosting of the tournament represented different motives for FIFA, the global governing body of the game of soccer and the Nigerian Local Organising Committee, the adhoc body set up to manage the hosting of the tournament.
Insider sources at the LOC swore that FIFA administrators had to go out of their ways to support when they realized in the run up to the tournament that the organization of the event was headed for a possible embarrassing failure to it. This contrasted to the reported approach of the top echelon of the Nigerian LOC who were said to be determined to cut corners for personal gains in putting together the tournament.
At the end, the Nigerian government was presented with a N6billion debt supposedly arising from the hosting of the tournament, this is besides the N9billion initially approved for the LOC by the Federal Government and an additional N3billion doled out to the LOC just about two days to the kick off of the tournament on October 14. The additional N3billion was given out to the LOC on account of the various scenarios of failure painted by the LOC to throw the Federal Government into the scare mode.

What the Security Agencies Are Discovering

400 PEUGEOT CARS DIVERTED

The State Security Service (SSS) and the Economic and Financial Crimes Commission are reported to be involved in unearthing the shady deals that characterized the expenditure incurred during the hosting of the tournament.
Reports indicate that the reviews of the expenditures undertaken by the LOC as approved by its supervising ministry are becoming mind-boggling by the day.

The truth (as new facts are unfolding) suggests that the hosting of the tournament represented different motives for FIFA, the global governing body of the game of soccer and the Nigerian Local Organising Committee, the adhoc body set up to manage the hosting of the tournament.

A major troubling question that is yet to be properly answered by officials of the LOC and NSC is, how a fleet of 400 Peugeot cars ordered and duly paid for by the NSC simply disappeared into the air? A source in the then LOC confided that even as everybody awaited the delivery of the vehicles, nobody can, till this moment, explain how the cars were diverted.
“It is one of the major questions the security agencies are trying to resolve,” the source said.
“Except for the purchase of high budget SUVs that the top management of the LOC bought for themselves, there was a paucity of mainstream transport for the tournament, of course, the expected Peugeot cars had been diverted, it was again FIFA that came to the rescue when it imported a fleet of 78 Hyundai cars into the country to serve the transportation needs of middle ranking officials of FIFA and the LOC; so again, where did they spend the N13billion they collected?” the source further queried. “Matters usually get to a head when the LOC had to hire vehicles to convey its officials when the FIFA vehicles were not available.”

UNAVAILABILITY OF TRAINING AND COMPETITION PITCHES

A bewildering scandalous angle to emerging revelations is the failure of the LOC to invest in building training and competition pitches.
It would be recalled that a contract was awarded for the upgrading of the country’s stadia for a very huge amount to Mallorca Nigeria Limited over six months before the commencement of the tournament, and after several visits by FIFA to ascertain its worthiness, only disappointment awaited them.
An LOC insider said that matters got a to a head in this regard so much that Engr. Ndanusa himself had to make it a part of his morning chores to rush down to the Abuja stadium to water the pitch.
“This is because he holds a heavy interest in the company that was awarded the contract to upgrade the pitches,” the insider gushed.
“We know that in a desperate effort by FIFA to justify the granting of the hosting right to Nigeria, they were ready to do anything. In the face of the obvious failure of the LOC to provide the required four training pitches in each of the hosting city, FIFA had to reduce the standard requirement from four to two pitches and was compelled to provide two synthetic training pitches and donated them to the LOC. We also know that most of the other synthetic pitches used during the tournament in the eight centres were funded and provided by Governors of the states in which those centres were located. The centre are Abuja, Bauchi, Calabar, Enugu, Ijebu-Ode, Kaduna, Kano and Lagos. Now, tell me where they spent the billions they collected,” a security agency insider queried.

FIFA WAS ALSO FORCED TO PROVIDE ACCOMMODATION EVEN FOR NIGERIAN OFFICIALS

“This is beside the fact that FIFA arranged and paid for the accommodation and feeding of all the participating teams including even officials of the LOC. I know that Mr. Sanni Lulu, Chairman of the Nigeria Football Federation and Mai Nasara Ilo, the LOC CEO himself stayed in rooms provided by FIFA at the Transcorp Hilton. Yet the LOC claimed it paid two point something billions on providing accommodation,” the source further revealed.
“What has also been revealed is that the LOC neither purchased nor installed any public address system in any of the stadia used for the tournament. Even the CCTVs that were supposed to be installed in the eight hosting states to enhance security of participants were only installed in Abuja. What happened to the money earmarked for both the importation and installation of the CCTV?” the security source wondered.

N37MILLION FOR TERMINAL DEDICATED TO NIGERIA 2009 AT NNAMDI INTERNATIONAL AIRPORT

As part of standard practice, a space is usually secured in the airport of the capital city of the hosting country’s where all participating teams and officials will arrive and depart from. To create this space, it is reported that the LOC claimed that it forced out a princely N37million. The sum went into partitioning the space, spending N7million for its perimeter fencing, fixing the toilet and laying tiles on the floor of the space dedicated for the Nigeria 2009 terminal.
“The LOC claimed they paid the sum of N7million to wash the space, we are not talking of the whole airport here, just the space,” the insider said.

WHAT HAPPENED TO 700 WALKIE-TALKIES BUDGETED FOR?

To ease communication between and among LOC officials, the LOC made orders for the delivery of 700 walkie-talkies. There is strong evidence to show that payment was duly made for the purchase of these walkie-talkies but all through the course of the tournament, none of the walkie-talkie was delivered, rousing suspicion of diversion.

WHEN UPS BECAME INVERTERS

Inverter is the new technology introduced to Nigeria to help assuage the continuing power problems ravaging the country. The management of Nigeria 2009 LOC also decided to adopt the new technology to support its computer network and other communications infrastructure.
Report affirmed that all the idea for using inverter turned suspicious when officials of the LOC only saw that they were units of UPS that were delivered instead of the more expensive inverters that had been paid for.

HUMILIATING FIFA’S PRESIDENT

Nothing would rankle the sensibility of the average Nigerians than the revelation that Mr. Sepp Blatter was left stranded at the Nnamdi Azikwe International Airport when he arrived the country two weeks to the commencement of the tournament.
“When the FIFA President arrived the country at about 10 p.m. there was nobody at the airport to receive him and his aides. In fact, private arrangements had to be made to convey him from the airport at about 11p.m.
“Perhaps, it was for this reason that FIFA determined to bring into Nigeria all provisions for the use of its about 230 officials, these included security gadgets and transportation,” the insider said.

WHO GETS N250, 000?

Part of the remuneration for officials of the LOC was the specific provision of N250,000 to be paid LOC board members as monthly seating allowance. Reports indicate that while the management of the LOC insisted that each member of the board was paid this stipend every month for six months, all members are denying receiving such payment for the period.

LOC SEND FORTH PARTY AND FIFA’S $5.5MILLION MARKETING GUARANTEED FUND?

Same source revealed that FIFA had released the sum of $5.5million generated from marketing activities related to the hosting of the tournament. Even in the face of claim of N6billion debt resulting from the hosting of the tournament, the LOC is reported to be planning to spend a sum of about N12million on a send forth party for officials of the LOC that had been disengaged weeks after the conclusion of the tournament.

WHAT THEY HAVE TO SAY

At the NSC, our correspondent was told that the Commission or its chairman cannot be responsible for activities of the LOC because it was an independent body and administered as such.
At the EFCC, Fortune&Class Weekly was told that the agency was continuing in its investigation of the organization of the championship.
Several calls to the mobile telephone number 08037881673 belonging to the LOC’s CEO, Mai Nasara Ilo were not picked or returned.

IBRU FAMILY RECRUITS SENATE LEADERSHIP, PRESIDENT’S WIFE TO SAVE CECILIA

Vol 2 Issue 31 magazineThe Ibru family reportedly threw all its influence and moneyed privileges into the battle to mitigate the public embarrassment of Mrs. Cecilia Ibru, sacked Managing Director of Oceanic Bank and wife of the patriarch of the Ibru’s clan, Olorogun Michael Ibru.

Details emerging in the wake of the sudden appearance of the erstwhile Managing Director of Oceanic Bank at the office of the Economic and Financial Crimes Commission (EFCC) last Wednesday, indicate that the wife of the Chairman of the Ibru organization was advised to beat a tactical retreat to allow the family deploy its massive goodwill in the nation’s political arena to stave off the prospect of an embarrassingly long detention for Mrs. Ibru by the EFCC.

Knowledgeable insiders to the horse trading that led to the eventual emergence of the woman fondly revered as the Nigeria’s first lady of banking, confided in Fortune&Class Weekly that the Ibru family pulled all the plugs through the Senate and the Presidency to get certain assurances from the EFCC before Mrs. Ibru was given the green light to submit herself at the EFCC.

“Seriously, we have only heard about the ingenuity of the Ibru family in making money, but I was a witness to another aspect of their lives these past days when I experienced their ability to move around and lobby office holders to intervene in the roiling crisis that had claimed one of their own, Mrs. Ibru. It’s not as if you saw any of the Ibrus physically, but there were many people lobbying on her behalf especially at the Senate,” the source said.

“You know, the second day after the Governor of the Central Bank of Nigeria, Sanusi Lamido (Sanusi) made those earth shaking pronouncements about sacking five bank chief executives, the President left the country in company with his wife, Turai. The next level of authority, in the real sense of it, at that time, was the Senate. And it was to the Senators that the Ibru lobbyists took their battle to get political pressure to be applied on the EFCC boss to provide lighter treatment and shortened detention for Mrs. Ibru. The fulcrum of the argument of the lobbyists is that the Central Bank of Nigeria was making a mountain out of a mole hill by its decisions to sack the bank managing directors and their arrest by the EFCC.

“The lobbyists pleaded with the leadership of the Senate to prevail on the Chairman of the EFCC, Mrs. Farida Waziri, to make a commitment to making Mrs. Ibru’s detention before taking her to the court as short as possible.

“Of course, they got sympathetic ears in the Senate. The Senate leadership made overtures to the Chairman of the EFCC who insisted that Mrs. Ibru must first surrender herself to the anti-grafts agency before she could determine the next step.

“Hajia Binta Turai, wife of President Umar Yar’Adua also played a peripheral role in the Ibru EFCC saga. Two of the first lady’s friends were drafted to talk to the EFCC Chairman to provide a soft landing for Mrs. Ibru, the source said.

Mrs. Ibru had, as part of her battle to stop her arrest and detention, dragged the Central Bank of Nigeria and its governor, Sanusi Lamido Sanusi before a Federal High Court in Abuja over her compulsory removal from office, demanding the sum of N50 billion for “exemplary, punitive and aggravated and general damages.”

The EFCC, however, declared Mrs. Ibru and Mr. Erastus Akingbola of Intercontinental Bank wanted on Sunday, 23 August, after failing to honour invitations for interrogation, sequel to their sack on August 14 along with three other bank MDs, Mr. Sebastine Adigwe of Afribank, Okey Nwosu of Finbank and Bartholomew Ebong of Union Bank.

A statement issued by EFCC Head of Media and Publicity, Femi Babafemi, explained that Ibru and Akingbola “are wanted in connection with fraudulent abuse of credit process, insider trading, capital market manipulation and money laundering running into billions of Naira.”

Investigation Reveals Where Bank Loans Went Bad
akingbolaA Fortune&Class in-house panel of experts has, after a review of the bad loans accrued to the five banks currently under the Central Bank of Nigeria’s direct supervision, submitted that the Federal Government holds largest liability in repayment to the banks. The committee of experts nonetheless observed that the figures made public by the CBN also affirmed that the affected bank officials must have been heavily involved in unethical manipulation of the stock market even as the panel agreed that the banks, indeed, tried to play their economic role of financial intermediation by providing a big chunk of their facility for real sector activities. (read more)

Doing Business with Zain is suicidal – Dealers

It would seem as if major dealers of GSM network giant, continues here.

EFCC compels Sterling Bank to admit cheating customer of N10.5m

Banking relationship did certainly went awry between Sterling Bank and Great Bakis Limited, its customer that had taken several loan and overdraft facilities from the bank. This banking relationship should, under normal circumstance, have ended on a happy note had the bank shown some conscientiousness in its figure adds up.

The figures did not add […] here

Nigerians are the most anxious people in the world

A.P. Ibironke

A.P. Ibironke

Apostle Prophet Israel Olufemi Ibironke is the General Overseer and presiding pastor of the Assembly of the Faithful Worldwide, in this interview with GOKE OLUWOLE and TAI SHOFELA, the Flight Operations Officer with the Nigerian Airways highlights the prospect of Nigerian transforming into an economic giant and the relationship between individual success in business and the ability to remain focused on a business venture

How would you describe your background?

I am by God’s grace the General Overseer of The Faithful Church Worldwide, born exactly 60 years ago, today, February 5, happened to be my birthday, February 5. I was born, bread, and raised in a good Christian home, my family church is the Apostolic Church, and my siblings are nine, eight boys and one girl. All the eight boys, today, are Pastors but I am the only one that administers a ministry outside the Apostolic Church. I am still part and parcel of the Apostolic Church till today, my calling is that of a prophetic apostolic.

In the early days of my life, I used to work with the Nigerian Airways as a Flight Operation Officer [a trained aviation expert for over 20years], I left to go into private business as a Cold Room –frozen food merchant, operating business then under the registered name of Hibbies Nigeria Limited, which was then my company’s name. My cold room then was popularly known as Big Fish Cold Room situated at Surulere, Itire and Ijeshatedo.

But I had to leave the business due to various spiritual attacks. I lost all my businesses in the course of finding solutions to my afflictions until I accepted him. While we were growing up we were all members of the Apostolic Church Choristers at the Inalende Assembly, Ibadan. But while working at the Airport, I decided to become a free thinker so I can do whatever I like and that was the beginning of my troubles, such that wherever I went I always saw the hands of God.

Between 1989 and 1990, I was afflicted with a very terrible sickness that defied all healings, I was bedridden for nine months, and for days, I couldn’t drink nor eat. In that state of health I would have dreams where I would find myself evangelizing, preaching and whenever I woke up the Doctors and the Nurses told me that I was always talking during my sleep. At times they will say I was smiling at some unseen guests.

After the ninth month, I got divine healing and a divine mandate to kick start my ministry I told God where and how, but I was directed to Anthony Village from my residence at Ketu, in Lagos State here. Precisely on 1 January, 1995 I moved to the Adekoya Community open field with myself and children where the lord fulfilled his promised that he will build a cathedral for us called the Cathedral of the Faithful on Ikorodu road.

What are the things that differentiate your ministry from the others?

Since the establishment of this church many transformational and revolutionary activities have been introduced by God through our instrumentality. I am not called for televangelism that is why most people always ask why I am not on air, this is not because of lack of money but it is our divine mandate not to go on air.

The most notable differentiation of our ministry is our annual Feast of the Nobles, celebrating the irrevocable call of God, we always celebrate it, but now it is celebrated according to Gods command Bi-annually with an Award ceremony for distinguished Nigerian who are doing wonderfully in their chosen professions and even those in governance that are doing marvelously well are honored as our own little way of identifying with them. At least, if your child did well, you’ll pat him on the back, so that he would be encouraged to do more and even better.

I am a positive thinker, I have a pact with God that during my time, Nigeria must be the greatest nation in this world. Many Americans, when they wake-up in the morning, before their morning devotion, say, “God Bless America,” why will such nation not be great? How many of us who are even religious leaders pray for our nation and our leaders. Despite the global financial Meltdown hitting the American economy, the people are still hopeful on President Barrack Obama.

But do we in Nigeria have leaders with Obama qualities? Apart from Governor Babatunde Fashola of Lagos State, tell me how many present and past leaders have the Obama’s pedigree. God has mandated us from this ministry to preach hope and prophesy about the great future of this nation, it is God desire to still make Nigeria the African capital of the world. Please beware of the evil preachers and prophet of doom within the churches who are always seeing evil. What God is showing us is very different, we see hope and a total rebirth and renewal in the land, some will prophesy death, evil, sorrow and they will pray towards it to come to fruition so that people can hail them that they are seeing visions. But why should any servant of God be seeing vision about death and blood in the land why can they silently pray to ward it off in the land?

Please tell us more about this your Bi-annual Feast of Nobles ?

Yes, the feast is for the nobles, when you feast with the Lord you become a Noble, all the disciples of Our Lord Jesus Christ were called Nobles after they dined with Christ at the last supper. For us, our identified leaders too will become Noble men and women when they are feasted in the Cathedral of the Faithful. This event will hold inside the Faithful Cathedral, on Saturday, 28 February, 2009. A lot of Nigerian have been identified and screened by a panel of judges which include many men and women of integrity.

Since the Lord mandated us to start the feast none of the people we’ve honoured here had been indicted of any illegality or abuse of office or charged with corruption and embezzlement while in office. Our panel of Judges is led by one of Nigeria’s most respectable Jurist, Hon. .Justice G.O Kolawole, who is a justice of the Federal High Court, currently sitting on the case of the man with 86 wives. Hon. Justice Kolawole is by His grace a member of this Church and he is an ordained Deacon. The feast is celebrated in grandeur and spiritual ambience as directed by God, the Nobles we select are not necessarily big names but how we perceived their great achievements.

With the gathering of the ominous cloud of economic problems over Nigeria, what do you think is the way out?

The only way out is for us in this country to be patient. Little drops of water, little grains of sand make a mighty ocean. So all of us should join hands together with the government to salvage our economy, we need to learn how to be patient even a seed must have a sowing, grooming, and harvest time so is the situation in the country.

God himself is a God of orderliness, Nigerians are the most anxious people in the world, you see a lot of business men losing focus on their businesses, many marriages are failing and a lot of students are failing out of colleges and University just because they are not focused and patient in the race to success. Success is for the steady not the weary.

Some Christians have turned themselves into religious wanderer while some business men have also turned themselves into business wanderer in the course of looking for risky shortcuts. There is a popular Yoruba adage which I imbibed from my father that goes like “before the yam is transformed into pounded yam, it must be pounded in the mortar and that it is only when you keep looking at a spot that you see things well and deeper, it is also when you continue to urinate on a spot that your urine will foam“ all these form part of the Yoruba’s belief system and they underscore the principle of been focused and dedicated.

For Nigeria to be great, we must all learn that for a business to be regarded as not profitable it must have been operational for not less than three years, before we start to complain. These are part of the things that had led many to be preyed upon by scammers and financial predators in business circles. In advanced countries many of our people there work for hours and in those hours, no room is left for cavorting. Let’s follow the laid down rules of God rather than the laid down precepts of Men. Many failed in business because they build their business on shallow ideas, no feasibility studies,

We should also learn to appreciate government policies; we should try to understand that not all government actions are politically motivated, many are with good intentions like what Governor Fashola is trying to do in his attempt to transform Lagos State.

In our time, Nigeria will be good again, look at all these thieving governors and public office holders, go and look at those of them that had died; they were victims of one terminal ailment or the other. Some you will not have heard of before, so God has his own EFCC, because the other appellation of money is trouble, when you get to acquire too much money it will affect your psyche.

I remember the first day in this ministry when somebody paid a tithe offering of N350,000 then for one week I couldn’t sleep even I was afraid to put it in my room I kept it under the staircases and covered it with some rags and other abandoned items under the step so every morning I will have to check it and took some, and whenever there were any strange noise I will be scared whether somebody was coming to rob us of the money.

Among religious groupings in Nigeria there is this contentious issue over government’s intention to tax certain qualified income, what is your response?

Few years ago when the issue of divine healing and preaching prosperity on the pulpit was generating serious concerns among Christians, I was one of the selected pastors invited by NTA Lagos to come and discuss the issue and throw light on it. For me, my vision, calling and anointing is a mandate to lead a generation of righteous believers and as passionate advocator of divine mandate and apostolic prophetic utterance among church leaders I support the preaching on pulpit of divine healing and prosperity because my own God is God of the rich.

He had promised me that he will not call me to poverty but to prosper in my ministry but Christians must very vigilante so some lions in sheep skin among the Pastorate crowd will not use these things to cajole them into religious servitude to enslave their followers.

On the issue of the government intention to introduce tax, this, to my mind is a baseless rumor, but if it becomes a reality because out of every ten rumours in Nigeria six are always genuine, so if government of the day decided to forge ahead with the plan, good for them, if it is the only avenue that will aid the final transformation of Lagos Pastors must pray for divine wisdom before reacting. I, for one, will support such idea, after, all I am already a dedicated tax payer and a passionate advocate for the transformation of Lagos. We at the Faithfuls’ are ever ready to support any genuine and sincere move to liberate the people of Lagos from the stranglehold of backwardness and hardship.

I am proud to tell you our Church is a socially responsible organisation. If Governor Fashola calls me today, I will show him my tax certificate, this is the laminated plastic id card we are now using in Lagos, like my driving license expires today been my birthday first thing tomorrow I will go and renew it .I will implore other Pastors to pay their taxes as and when due and if tax is eventually imposed on our churches, we must pay, after all Our Lord Jesus’ disciples paid in the bible. What Pastors need to tap into is the divine provisions and the spiritual intervention of the disciples in paying their taxes.