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Mosy Madugba

The founder of Ministers Prayer Network, Reverend Mosy Madugba, has alleged that former President Olusegun Obasanjo allocated oil wells to prominent Nigerian clerics, including the General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, and the founder of Living Faith Church Worldwide, Bishop David Oyedepo.

Madugba also named the General Superintendent of the Deeper Christian Life Ministry, Pastor William Kumuyi, among the clerics who allegedly benefited from the oil well allocations during Obasanjo’s administration.

The cleric made the allegations in a video circulating on social media, where he discussed leadership, personal development and the importance of associating with people who could positively influence one’s growth.

According to Madugba, the alleged oil allocations accounted for the financial strength and extensive investments of some prominent Nigerian churches, including the establishment of private universities, hospitals and other institutions.

He also linked the alleged allocations to the acquisition of private aircraft by some of the religious leaders, although he noted that Kumuyi was an exception in that regard.

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Madugba made the claims while advising members of his congregation to surround themselves with wise and influential individuals who could help improve their leadership abilities and expand their opportunities.

He encouraged Christians, particularly those aspiring to positions of leadership, to develop their personal capacity and learn from people with proven experience and accomplishments.

The allegations have brought renewed attention to discussions surrounding the wealth of prominent religious institutions in Nigeria, particularly their investments in education, healthcare, real estate and other commercial ventures.

Adeboye, Oyedepo and Kumuyi are among Nigeria’s most influential Christian leaders, with their respective ministries operating extensive religious and institutional networks across the country and internationally.

The Redeemed Christian Church of God and Living Faith Church Worldwide have established universities and other educational institutions, while several religious organisations have also invested in healthcare facilities and other social services.

However, Madugba’s claims concerning the alleged allocation of oil wells have not been independently substantiated in the information available, and no documentary evidence was provided in the circulating video to establish the alleged transactions.

There was also no response from Obasanjo, Adeboye, Oyedepo or Kumuyi contained in the material surrounding the allegations.

The claims therefore remain allegations and should not be treated as established facts without independent verification or supporting official records.

The Traffic NG
Mosy Madugba
The Traffic NG
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