Nigeria’s richest pastor and self-styled bishop, David Oyedepo, has made a glistening addition to his business empire by floating an airline called Dominion Air.
Oyedepo, who a few years ago ignited debate on flamboyant Christianity by acquiring his fourth private jet, is the owner of Dominion Publishing House, Covenant University and an elite secondary school called Faith Academy.
Listed by Forbes as Nigeria’s wealthiest pastor with a net worth of $150 million, David Oyedepo is a preacher and founder of Living Faith Church Worldwide, more popularly known as Winners’ Chapel. Besides his four private jets, Forbes also mentioned the preacher’s luxury homes in London and the United States.
Sources within the Corporate Affairs Commission (CAC), the agency charged with business registration in Nigeria, confirmed the registration of Dominion Air with David Oyedepo as its chairman. Another source within a Lagos-based insurance firm known to handle most of Oyedepo’s businesses said the airline project had been in the works for six years and was only made a reality this year.
The broker who balked at putting figures to the number of aircrafts so far purchased authoritatively said none of them is on lease.
If Oyedepo’s entry into the airline business is creating exciting buzz in Nigeria’s stock exchange, the same cannot be said with the Christian community, especially the Pentecostal congregations, where the so-called men of God have been criticised for alienating their poor followers with their flamboyant lifestyle....full story on youtube link
Posted: at 24-03-2012 01:10 PM (13 years ago) | Upcoming
mehn.... I no go lie una men ov God dey get money oh......... Oboi e be lyk say me ma i go change my course to religion studies far... I need money die................
I hav jst 3 things to teach: simplicity, patience, compassion. These three are yourgreatest treasure
Posted: at 24-03-2012 01:50 PM (13 years ago) | Hero
onlyGodknows at 24-03-2012 02:01 PM (13 years ago) (m)
It is good to invest your money especially in your country, the only thing is that running an airline is a high-risk business capable of dragging you down when something unfortunate happens especially when a church is involved. Let us just be positive, but not lose sight of the possibility of the reverse.
Posted: at 24-03-2012 02:01 PM (13 years ago) | Upcoming