The President of Nigeria does not Distribute Oil Wells like Personal Property
Living Faith Church Responds to Mosy Madugba’s Allegations
The Living Faith Church Worldwide has faulted allegations that former President Olusegun Obasanjo allocated oil wells to its founder, Bishop David Oyedepo, and other prominent Nigerian pastors during his administration.
According to The PUNCH, the allegation was made by the founder and President of the Ministers’ Prayer Network, Rev. Mosy Madugba, who claimed that Obasanjo allocated oil wells to some influential Christian leaders, including Oyedepo, the General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, and the General Superintendent of the Deeper Christian Life Ministry, Pastor William Kumuyi.
The allegation, which emerged from a sermon circulating on social media, has sparked controversy, with some Nigerians questioning the integrity of the religious leaders and demanding evidence to substantiate the claims.
In the video, Madugba alleged that several prominent pastors in Lagos benefited from oil well allocations during Obasanjo’s presidency.
He specifically mentioned the leaders of Winners’ Chapel, Adeboye and Kumuyi, claiming that they owned oil wells, universities, hospitals and schools. He also alleged that all of them, except Kumuyi, owned private jets.
Reacting to the allegations, the Director of Media at Living Faith Church Worldwide, Patrick Nkamiang, dismissed the claims, arguing that oil wells were not personal assets of the President that could be distributed arbitrarily to individuals.
Nkamiang questioned the basis of Madugba’s allegations, stressing that the country’s petroleum resources were governed by established laws and regulations rather than the discretion of an individual president.
Nkamiang said, “Oil wells are not that cheap to give away, nor are they the personal property of the President that he can just give to anybody.
“Even if oil wells were that cheap as of the time that he said that they were giving out oil wells, what’s the value of an oil well then? Oil wells do not even belong to Obasanjo, for him to be sharing?
“They’re natural resources that are governed by the Federal Republic of Nigeria. You can’t just give them away as you like.”
Nkamiang further stated that Oyedepo maintained a zero-tolerance policy towards gifts and donations that could not be traced to legitimate personal or internally generated sources of income.
He, however, ruled out the possibility of the church instituting legal action against Madugba over the allegation, saying the ministry would rather leave the matter in God’s hands.
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