₦airaland Forum

The Redeemed Christian Church of God, Living Faith Church Worldwide and the Deeper Christian Life Ministry have reacted to an allegation that former President Olusegun Obasanjo allocated oil wells to their leaders during his administration.

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 prominent Nigerian pastors, including the General Overseer of the RCCG, Pastor Enoch Adeboye; the founder of Living Faith Church Worldwide, Bishop David Oyedepo; and the General Superintendent of the Deeper Christian Life Ministry, Pastor William Kumuyi.

The claim, contained in a sermon circulating on social media, has generated controversy, with some Nigerians questioning the integrity of the religious leaders and others demanding evidence to substantiate the allegations.

In the video, Madugba alleged that some prominent pastors in Lagos benefited from oil wells allocated to them by Obasanjo during his presidency

He said, “I don’t know whether you know that the big names you have in Lagos have oil wells. Obasanjo gave them oil wells. The head of Winners’ Chapel has an oil well, Adeboye has an oil well, Kumuyi has an oil well. They have universities, they have big hospitals. They have schools, and except Kumuyi, they have private jets.”

However, a senior media aide to Pastor Kumuyi, who spoke on condition of anonymity to Sunday PUNCH, dismissed the claim as ridiculous, insisting that the cleric had no interest in such business ventures.

The official said Kumuyi should not be associated with oil exploration or similar business interests, stressing that the cleric was wholly devoted to preaching the gospel and winning souls.

William Kumuyi
FILE: Pastor William Folorunsho Kumuyi
He said, “Let us be frank, does Pastor Kumuyi look like somebody that will be interested in an oil well? Does he look like someone who would toy with such things? Pastor Kumuyi is devoted to the core; he is devoted to the work of God that he is being called into.

“So, the fact that somebody mentioned somewhere that Obasanjo gave him an oil well is ridiculous; we don’t get involved in those things. Our focus is the gospel, how to win souls for the kingdom of God and prepare for heaven; therefore, this is not the kind of thing that he would get involved in.”

Similarly, the Director of Media at Living Faith Church Worldwide, Patrick Nkamiang, dismissed the allegations, arguing that oil wells were not the personal property of a president to be distributed arbitrarily to individuals.

He questioned the basis of Madugba’s claims, noting that Nigeria’s petroleum resources were governed by laws and regulations.

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 are natural resources that are governed by the Federal Republic of Nigeria. You cannot just give them away as you like.”

Nkamiang maintained that Oyedepo had a zero-tolerance policy towards gifts and donations that could not be traced to legitimate personal or internally generated income.

Bishop David Oyedepo. Oyedepo betting

He, however, ruled out the possibility of the church taking legal action against Madugba, saying it would rather leave the matter to God.

Also reacting, an official in the media unit of the RCCG, who spoke on condition of anonymity, said the church would not respond to the allegation until Madugba provided evidence to substantiate his claims.

When Sunday PUNCH contacted Madugba’s church for a response, an official identified as Blessing Madugba, said, “We will get back to you.”

Efforts to obtain Obasanjo’s reaction through his Special Assistant on Media, Kehinde Akinyemi, were unsuccessful, as he neither answered calls nor responded to messages sent to him as of the time of filing this report.

Meanwhile, the allegations have generated mixed reactions on social media, with some users expressing concern about their implications for the credibility and independence of religious leaders.

Other users challenged Madugba to provide verifiable details of the alleged oil wells, arguing that such assets could not easily be concealed.

No documentary evidence establishing that Obasanjo allocated oil wells to the three pastors was presented in the circulating video.

PandoraObi:
I knew it was a lie, of all people Pastor Kumuyi will never accept such

Curious345:
There could be an element of truth in madugba story .

But there is morning wrong if they were given oil wells. Do you all the Fulani emirs in the north were given oil wells ?

PerfectStranger:
Trust no man but God

PandoraObi:
This is not a just a man, he is a man of God. There are thing he will never do, material things don't move him.

Obakoolex:
BADBELLE is everywhere, even in the body of Christ.
If this is true, I don't know what the preacher wants to achieve by saying it out.

There might be part of the allegation that's true but am sure those pastors will not get it through illegitimate means but favorism sha termed "grace" but it will be legitimate because the fallback will be too scandalous if it's anything illegitimate.

PerfectStranger:
Trust no man but God

Curious345:
There could be an element of truth in madugba story .

But there is morning wrong if they were given oil wells. Do you all the Fulani emirs in the north were given oil wells ?

• Prominent Indigenous Oil & Gas Companies / Figures:
• Mike Adenuga: Founder of Conoil Producing, one of the earliest indigenous companies to hit commercial oil (operating multiple blocks like OML 136 / OML equivalents).
• Gen. Theophilus Danjuma: Associated with upstream assets and deepwater/local oil blocks.
• Col. Sanni Bello: Associated with exploration blocks like OML 112 and OML 117 (through Amni Petroleum and related ventures).
• Seplat Energy: Co-founded/led with major indigenous and institutional backing (including prominent figures like Tony Elumelu's investments in divested onshore assets).
• Mohammed Indimi: Founder of Oriental Energy Resources, operating assets such as OML 67 (Ebok and Owok fields).
• Emeka Offor: Associated with Starcrest Energy and legacy stakes in blocks like OML 291.
• Alhaja Winifred Akpani: Founder of Northwest Petroleum & Gas, licensed for crude oil trading and midstream/upstream operations.
• Chief Obateru Akinruntan: Founder of Obat Oil, major downstream/depot infrastructure owner.

franchasng:
There's nothing bad in Obasanjo gifting Church Pastors and General Oversears oil bloc

Dogalmighty17:
I didn't read anywhere in this story where the refutation is coming from the legal departments of these churches. It is very unusual for Living Faith to "leave the matter for God" as the church has entered into litigation before. If there is any measure of truth in these allegations, it must be investigated. This is too weighty to be allowed to slide.

Curious345:
There could be an element of truth in madugba story .

But there is morning wrong if they were given oil wells. Do you all the Fulani emirs in the north were given oil wells ?

nairalanda1:
If he did, he and the pastors are violating Nigerian law. Same for any leader who dash fulani or islamic oil well, abeg.

Curious345:
There could be an element of truth in madugba story .

But there is morning wrong if they were given oil wells. Do you all the Fulani emirs in the north were given oil wells ?

kaywon:
Madugba is somebody many hold in high esteem. I wonder what he was thinking when he made that very sensitive comment

ogododo:
https://punchng.com/oil-wells-churches-deny-claim-against-kumuyi-adeboye-oyedepo/Please

franchasng:
There's nothing bad in Obasanjo gifting Church Pastors and General Oversears crude oil blocs.


I repeat, financial wealth is better in the hands of men that fear and reverence God than in the hands of hearthens, terrorists and none believers.


I am always glad helping my Church brethren than helping any other people, it gives me joy, it helps the kingdom of God to expand.....if you want me to help you or patronize you very well then join my congregation or be a devoted Christian and that is what we all are supposed to do.



The Church of God will continue to match forward and no devil can stop it