Should Nigerian Churches Pay Tax? World’s Richest Pastor David Oyedepo answers Reuters, “For what?
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, stating, “…”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 Conference), About Forbes Estimation of his Net Worth. Continue...