They even get private jets.

essandor:
words of wisdom from my pastor

how?

illicit:
The banks in heaven or earth

young dummy,what heaven are you talking about?

Kay25:

And who told you dangote owns all the money he used in financing it?go look for mou on the project you would understand better

So you could be so low in IQ to decipher that the refinery wasn’t financed solely by Dangote from the post or you just willingly wanna act a buffoon!

Nigeria the oil rich nation the largest black country on earth, but China need to sale 200 million Nigerian before the can recover their dept

FalseProphet1:
Daddy Oyedepo is absolutely right.

If you subtract all the loans dangote is owing various banks both locally and international from his networth, dangote won't even make it to 1st 100 richest people in Africa.

This I have seen.

That's not true..Personal money is different from company money.. secondly for him to get 19m his asserts will be more than that..19m is a loan now but when it's paid it bcoms an assert.. remember that's d only refinary that will be functional in Nigeria..His fuel will finish and we will need additional to balance out demand ...Dangote can't be used in ur analogy because there is diffrence btw borrowing to flex and borrowing to invest..

Pentecostal pastors are largely fraud.

DamnnNiggarr:


Just like USA with a GDP worth of $24 trillion(2021 estimate) but has a gross external debt of over $21 trillion.

Imagine a country that has annual expenditure of $7 trillion but with annual revenue of $3.4 trillion.

Let me ask you a few questions:

1. Who is borrowing the US the money they are owing, remember it's their own dollars and they can print it?

2. If the US is the biggest shareholder in the world bank and IMF, and even in the African development bank who then is its own lender?

The US is owing mantra is a myth, it is meant to hoodwink the developing world to take their loans (dollars) which they can print anytime they so wish, and yes they do print it almost all the time.

Please read up about this scam that the US has been perpetrating all along and your perception of this life will change.

Elvixbeatz:
I don tell myself say anything way concern religion no b my business

You don minit

Many of you need someone to read to you and explain to you in your local language.the man of God wasn't condemning act of borrow but he said those debt of 10billon is hanging on their neck and yet they are living as if bank are owing them not them owing bank that is totally ill because don't forget many of this debt they accumulated are the reason it difficult for small scale business to access loan in bank because the big one are not paying their debt yet they live like a prodigal son

BigYash:
He no put gun for their head o.. Leave baba make him enjoy. If e easy open your own ,then try milk members.. Cowbell milk

lol,love this reply dawg.

Oyedepo sha

2mercy:


https://pmnewsnigeria.com/2022/03/11/wealthy-people-with-n1bn-worth-but-owing-banks-n10bn-are-stupid-oyedepo/

A clear ignorance of economics and business. It's easy for him to say because his livelihood depends on his sheep stupidity

FalseProphet1:
Daddy Oyedepo is absolutely right.

If you subtract all the loans dangote is owing various banks both locally and international from his networth, dangote won't even make it to 1st 100 richest people in Africa.

This I have seen.

U wrong. Dangote is not indebted to ANY bank. His company is. Its not the same thing. If the company fails, Dangote has nothing to pay bank from his money

nairaman66:


But a man of God should bring people to the fold, not chastise or insult them! My opinion though

your opinion,but if you say "a man of God"? He should obay what his bibles says,not peoples opinion.....i'm no christian dawg, before I will be crucified on a plantain tree.

FalseProphet1:
Daddy Oyedepo is absolutely right.

If you subtract all the loans dangote is owing various banks both locally and international from his networth, dangote won't even make it to 1st 100 richest people in Africa.

This I have seen.

So the other rich men on the list didn’t also take loan?

And you think your logic is reasonable?

FalseProphet1:
Daddy Oyedepo is absolutely right.

If you subtract all the loans dangote is owing various banks both locally and international from his networth, dangote won't even make it to 1st 100 richest people in Africa.

This I have seen.

Only an ignoramus will make this kind of comment

The wealth you create from loans are not yours until you fully pay back the loans

tempest01:
This isn't a wise take from Pst Oyedepo.

In order to create wealth, you need capital.

In his area of operation there is a multitude who directly and indirectly contribute to their capital. Ordinary business people don't have that.

They need to source for capital with debt. As long as their debt to equity ratio is kept healthy, you can take that risk, take that debt and invest wisely .

Those that are not wise are those with no investments and living on stolen money still taking on Loans.

Ideally you should take loans to expand on an already working enterprise that can service the loan.

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philiancoop:
The Bishop was referring to people who buy cars and consumables with loans.

More like civil servant kind of Loan

The second side of it is that for business purposes, these loans are not technically loan. They are transfer of capital.

A networth is asset less liability(loan) i.e bet worth = Assets —loans.
So for Dangote, whose net worth is $20bn now, his assets maybe $200bn and his loans 180bn.
Net Worth = 200bn —180bn = 20bn

You Gerrit?

love this man

Ochelyko1:


He didn't put God on their head but that is a fraud using the name of God. Internet fraudster don't used gun but still they are also fraudster. This ur baba shouldn't be talking at all because we all know how he got his riches.

Someone like Dangote who worked hard and strive hard to do geniue Business to get his money should be the one saying dis not all these fake ass pastors who parade themselves as men of God which are not.

My brother ,I understand your point . But then,as the members no dey complain.. Who are we to complain? Which dangote geniue? Compare the price of cement in nigeria and other african countries my nigga.. Dangote na still fraud.. No African wealthy man geniue jare

Good point...

Tithes revenues are shrinking ni

Ochelyko1:


He didn't put God on their head but that is a fraud using the name of God. Internet fraudster don't used gun but still they are also fraudster. This ur baba shouldn't be talking at all because we all know how he got his riches.

Someone like Dangote who worked hard and strive hard to do geniue Business to get his money should be the one saying dis not all these fake ass pastors who parade themselves as men of God which are not.

then go ahead and arrest him,if I choose to give money to him,and ain't complaining,fine...or are you still in your distorted gorilla form?

BigYash:
My brother ,I understand your point . But then,as the members no dey complain.. Who are we to complain? Which dangote geniue? Compare the price of cement in nigeria and other african countries my nigga.. Dangote na still fraud.. No African wealthy man geniue jare

You are right ooo the members are complaining! Anyways As u have said all African wealthy men are not geniue they all have skeleton in their cupboard.

Oga face your church, you don't know anything business.

Ochelyko1:


You are right ooo the members are complaining! Anyways As u have said all African wealthy men are not geniue they all have skeleton in their cupboard.

You gerrit my nigga.. You are a real nigga�

2mercy:


https://pmnewsnigeria.com/2022/03/11/wealthy-people-with-n1bn-worth-but-owing-banks-n10bn-are-stupid-oyedepo/

Nigerians really are stupid

Oyedepo knows nothing about business ..A man that just sit and make millions from poor nigerians using the name of God and silly nigerians are busy listen to ( trash )

Business is risk and you have to take that risk to make it..Or is he indirectly tell us that he's church is a family business?

Religion has finished africa

huptin:


Let me ask you a few questions:

1. Who is borrowing the US the money they are owing, remember it's their own dollars and they can print it?

2. If the US is the biggest shareholder in the world bank and IMF, and even in the African development bank who then is its own lender?

The US is owing mantra is a myth, it is meant to hoodwink the developing world to take their loans (dollars) which they can print anytime they so wish, and yes they do print it almost all the time.

Please read up about this scam that the US has been perpetrating all along and your perception of this life will change.

You don't understand simple Economics, Nigeria is the owner of Naira, how come they don't print it , convert it to Dollar and pay her debit.

Popjoan1:
then go ahead and arrest him,if I choose to give money to him,and ain't complaining,fine...or are you still in your distorted gorilla form?

Why will I arrest a man who has already condemned himself? The man is already in his way to eternal destruction who whom am I to arrest him?

And if you choose to remain gullible and remain poor why your pastor is busy buying private jets and building mansions that even u in ur entire life can not even come close to the house or even near the gate who am I to stop u?

Keep on decieving urself claiming u are giving to God!

SmartPolician:
Most of us don't know that we are better than many people we consider wealthy because they live on loans from banks.

The funny thing is that the money are ours.

How can u be better than someone that is eating ur money?

A man lives on loans and enjoys all the things of life, another lives within his means but hasn't enjoyed anything.

Life is complex. Dangote is living on loans , eating ur money and enjoying life.

Which would u rather chose?