Should Nigerian Churches Pay Tax? World’s Richest Pastor David Oyedepo answers Reuters, “For what?”

Last week, the internet was abuzz with the Forbes
revelation that 5 out of the world’s top 10 richest pastors
are Nigerian

Sitting at the top of the list with $150 million is David
Oyedepo, Bishop of Living Faith Church, better known as
“Winners Chapel”.
Reuters examined this phenomenon in a recent article,

“…”megachurches”… form a huge, untaxed sector of Africa’s
top economy. Hundreds of millions of dollars change hands
each year in these popular Pentecostal houses of worship.”
For the article, they spoke with the Bishop, who had the
following to say about his estimated net worth and if
churches should be taxed, (a recent topic at the National

About Forbes Estimation of his Net Worth

“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

Should Nigerian Churches be Taxed?

“There is no single government input on this
premises,” (spiceboss’s Note: referring to
Canaanland, the church’s headquarters & Covenant
University campus)

Oyedepo told Reuters ,“We supply our water, we
make our roads, then you … say: ‘Let’s tax them’.
For what?”

The Reuters article claimed Jonathan will not address the
tax issue before the upcoming elections, “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.”

what’s your take? Should churches pay tax? Or do
they need all their income to continue to contribute to our
society (jobs, schools etc)

Posted by spiceboss Mcnawtii


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