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Adeboye Steps Down, Oyedepo, Olukoya, Kumuyi, Others to Follow

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pastor-adeboye

It was a mixture of surprise and anxiety on Saturday for ministers in the Redeemed Christian Church of God when the respected cleric and General Overseer of the church, Pastor Enoch Adeboye, announced a new leader for the church arm in Nigeria.

Adeboye made the declaration at the church’s Annual Ministers Thanksgiving held at the Redemption Camp in Ogun State.

Adeboye started his speech at the service by telling the stunned ministers that he initiated a pension scheme for the church’s retired full-time pastors that would enable them earn 100 per cent of their salaries as pension.

He reportedly said that government had been meddling with the affairs of churches in Nigeria and he had to discontinue with the scheme when the government introduced a contributory pension scheme which the church later joined.

Ministers present at the gathering told one of our correspondents that Adeboye said the government also interfered in the administration of the church by stipulating mandatory office tenure for general overseers of all registered churches in the country through a regulation.

He noted that this regulation also extended to clergymen like Bishop David Oyedepo of the Living Faith Church Worldwide International aka Winners Chapel, Pastor W.F. Kumuyi of the Deeper Christian Life Ministry and Bishop Mike Okonkwo of The Redeemed Evangelical Mission, among others.

FRC regulation

It was gathered that the Financial Regulations Council had stipulated a maximum period of 20 years for the heads of all registered churches, mosques, and civil society organisations.

The FRC established by the Financial Reporting Council of Nigeria Act, No. 6, 2011, under the supervision of the Federal Ministry of Industry, Trade and Investment, is responsible for, among other things, developing and publishing accounting and financial reporting standards to be observed in the preparation of financial statements of public entities in Nigeria; and for related matters.

Governance Code 2016 of the Act encompasses three sectors: the private, the public and not-for-profit. It is the not-for-profit sector, sometimes referred to as the Benevolent Sector, the Third Sector or the Civil Society Sector, that religious bodies fall under.

The code read in part, “The founder or leader of a NFPO (not-for-profit) occupies a special position in the organisation and is committed to the success and longevity of the NFPO. Accordingly, a founder or leader should not take on too many responsibilities in the organisation or have an indefinite term in the running of the organisation.

“Where, for any reason, a founder or leader of NFPO also occupies any of the three governance positions of chairmanship of the board of trustees, the governing board or council, and the headship of the executive management (or their governance equivalents), the following provisions shall apply before the end of the organisation’s financial year in which this code takes effect.

“The founder or leader shall cease to occupy these three governance positions simultaneously. This is to ensure the separation of powers and avoid possible concentration of powers in one individual.

“The founder or leader may however choose – subject to the agreement of the organisation’s apex authority as expressed in the annual general assembly, annual meeting, annual stakeholder engagement, annual conference, annual synod, annual fellowship assembly or their equivalents – only one of these three governance positions subject to his current tenure. This is to ensure a clear division of responsibilities at the head of the organisation between the running of the governing body and the executive responsibility for the management and fulfilment of the organisation’s mission.

“Where the founder or leader has occupied all or any of these three governance positions for more than twenty years, or is aged seventy years or above, the choice in the section above should only relate to the board of trustees as in section below, except the constitution of the organisation otherwise provides.’’

Obayemi: RCCG’s new ‘Daddy GO

The code read in part, “The founder or leader of a NFPO (not-for-profit) occupies a special position in the organisation and is committed to the success and longevity of the NFPO. Accordingly, a founder or leader should not take on too many responsibilities in the organisation or have an indefinite term in the running of the organisation.

“Where, for any reason, a founder or leader of NFPO also occupies any of the three governance positions of chairmanship of the board of trustees, the governing board or council, and the headship of the executive management (or their governance equivalents), the following provisions shall apply before the end of the organisation’s financial year in which this code takes effect.

“The founder or leader shall cease to occupy these three governance positions simultaneously. This is to ensure the separation of powers and avoid possible concentration of powers in one individual.

“The founder or leader may however choose – subject to the agreement of the organisation’s apex authority as expressed in the annual general assembly, annual meeting, annual stakeholder engagement, annual conference, annual synod, annual fellowship assembly or their equivalents – only one of these three governance positions subject to his current tenure. This is to ensure a clear division of responsibilities at the head of the organisation between the running of the governing body and the executive responsibility for the management and fulfilment of the organisation’s mission.

“Where the founder or leader has occupied all or any of these three governance positions for more than twenty years, or is aged seventy years or above, the choice in the section above should only relate to the board of trustees as in section below, except the constitution of the organisation otherwise provides.’’

The information gathered showed the law would cause leadership changes in other churches, where their general overseers had spent more than 20 years in that capacity.

Kumuyi, Oyedepo, Olukoya, others to follow

Some of the general overseers to be affected by the regulation include Dr. Daniel Kolawole Olukoya of the Mountain of Fire and Miracles Ministries, who has spent 22 years as the general overseer; Bishop Mike Okonkwo of The Redeemed Evangelical Mission (35 years); Pastor Kumuyi (43 years); Pastor Ayo Oritsejafor of Word of Life Bible Church (29 years); Rev. Chris Okotie of the Household of God ( 29 years); Kingsway International Christian Centre’s Pastor Matthew Ashimolowo (24 years); Winners Chapel’s Bishop David Oyedepo (35 years).

Others are Pastor Chris Oyakhilome of Believers’ LoveWord International (26 years); Pastor Samuel Abiara of Christ Apostolic Church (39 years); Pastor Sam Adeyemi of Daystar Christian Centre (21 years); Pastor Tunde Bakare of Latter Rain Assembly (27 years); House on the Rock’s Pastor Paul Adefarasin (22 years), among others.

When contacted by one of our correspondents, the Public Relations Officer of the Deeper Christian Life Ministry, Mr. Segun Babatope, declined to speak on whether Pastor Kumuyi would also step down like Pastor Adeboye did.

He referred our correspondent to the church secretary, who also declined to speak on the matter.

Babatope said, “I cannot speak on behalf of the church. We are not fully aware of what Pastor Adeboye said and we cannot comment on rumours.”

Also, calls made to the mobile of Rev. Chris Okotie were not answered. He did not also reply the text message sent to his mobile as of press time.

Similarly, when contacted on Saturday, one of Pastor Olukoya’s media aides, Mr. Idowu Ajanaku, did not respond to calls made to his mobile phone, neither did he respond to the text message our correspondent sent to him.

A Senior Advocate of Nigeria, Mr. Dele Adesina, who is an ally of Bishop David Oyedepo, said that he needed to read the FRC’s code to give “an informed opinion” on the issue.

How the ministers’ meeting ended

Sources said after his speech at the meeting, Adeboye introduced Pastor Joseph Obayemi as the ‘new overseer’ of the church, Funsho Odesola as the new church secretary and Joseph Adeyokunu as the new church treasurer.

Adeboye reportedly said, ‘‘At least, nobody can stop me from being a general overseer in other countries of the world.’’

By the pronouncement, Adeboye ceases to be the General Overseer of the RCCG in Nigeria while he remains the church’s spiritual leader worldwide and general overseer of its international arm. The church has branches in about 190 countries.

The clerics, who were newly appointed into key positions in the church, were not allowed to speak to the gathering. But Adeboye asked the ministers to pray for them and he also did the same.

A statement reportedly issued by Odesola after the meeting stressed that the new structure was particular to Nigeria alone as Adeboye remained the spiritual leader and global missioner of the church.

Before now, there had been expectations in the church that Adeboye would name a successor after he clocked 70 — the stipulated retirement age by the church.

In a statement credited to Leke Adeboye, Adeboye’s last son and personal assistant, he cited the FRC’s law as the reason for the church’s decision, adding, however, that Adeboye remained the General Overseer of RCCG worldwide.

Adeboye is now 74. He became the church’s general overseer in 1981 after taking over from the church’s founder, Pa Josiah Akindayomi.

Our correspondent gathered that at the service, Adeboye asked the ministers to tell all members in their parishes to join any political party of their choice.

The revered cleric noted that by joining political parties, they would be able to partake in the making of vital political decisions at the ward level in order for the country to have good representation.

He also noted that their involvement in politics would check imposition of candidates.

Lawyers’ speak on FRC regulation

Speaking with one of our correspondents, a human rights activist and lawyer, Ebun-Olu Adegboruwa, who commented on the FRC law, said churches, mosques and other not-for-profit organisations, as long as they are registered with the Corporate Affairs Commission, were bound by the new financial regulation targeted at ensuring financial transparency and seamless succession.

Adegboruwa who is also an RCCG pastor, said, “The plan of succession must not be to the benefit of a family member. By law, churches are called incorporated churches with a board of trustees. It cannot be run by a family. Pastor Adeboye, of his volition, decided to obey the regulation by handing over to a successor. I must also state that the confusion being created by some people that Pastor Adeboye is the general overseer of the RCCG Worldwide is unnecessary. There is no such organisation as the Redeemed Christian Church of God Worldwide. He is the Global Missioner and Spiritual Leader of the Church. There is nothing like RCCG Worldwide.’’

There were reports on Saturday that the Federal Government had suspended the not-for-profit governance code of 2016. The human rights activist and lawyer explained that the law was suspended in relation to the public sector and not for organisations like churches and mosques.

He said, “There was a stakeholders’ meeting where churches, mosques and civil society organisations met with the government. We actually challenged the regulation at the Federal High Court and we lost. We decided to comply with the regulation because we didn’t want the government to see Christians as people who do not want to follow a seamless succession system. We also do not want government to see us as people who have something to hide about their finances. The RCCG is a transparent organisation and that’s why it decided to comply.

“This (regulation) is not just about Pastor Adeboye. It concerns all the churches registered in Nigeria. Any church leader who has spent 20 years has to hand over to somebody else.”

Also, Lagos-based lawyer, Mr. Jiti Ogunye, stated that the agency’s regulation for religious organisations was still in force.

Another legal practitioner, Moses Alao, said that the FRC regulation provides that a religious leader of a registered religious organisation should step down after 20 years in office or on attainment of age 70.

He said, “Whichever comes first, it is either the religious leader has turned 70 or has spent 20 years or more as the head of the organisation, he has to go. The person will stop being involved in administrative issues of the religious organisation. He will only be a figure head with no real authority. Pastor Adeboye, in the case of the Redeemed Christian Church of God, will still be the spiritual figure head but there will be a general overseer (a position he had relinquished).’

 

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

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EFCC Declares Former Kogi Governor, Yahaya Bello, Wanted Over N80.2 Billion Money Laundering Allegations

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Yahaya Bello

The Economic and Financial Crimes Commission (EFCC) has escalated its pursuit of justice by declaring former Kogi State Governor, Yahaya Bello, wanted over alleged money laundering amounting to N80.2 billion.

In a first-of-its-kind action, the EFCC announced Bello’s wanted status in connection with the alleged embezzlement of funds during his tenure as governor.

The commission, armed with a 19-count criminal charge, accused Bello and his cohorts of conspiring to launder the hefty sum, which was purportedly diverted from state coffers for personal gain.

The declaration of Bello as a wanted fugitive came after a series of failed attempts by the EFCC to effect his arrest.

Despite an ex-parte order from Justice Emeka Nwite of the Federal High Court, Abuja, mandating the EFCC to apprehend and produce Bello in court for arraignment, the former governor managed to evade capture with the reported assistance of his successor, Governor Usman Ododo.

This latest development shows the challenges faced by law enforcement agencies in holding powerful individuals accountable for their actions.

However, it also demonstrates the unwavering commitment of the EFCC to uphold the rule of law and ensure that justice is served, irrespective of the status or influence of the accused.

In response to the EFCC’s declaration, the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi, issued a stern warning to Bello, stating that fleeing from the law would not resolve the allegations against him.

Fagbemi urged Bello to honor the EFCC’s invitation and cooperate with the investigation process, saying it is important to uphold the rule of law and respect the authority of law enforcement agencies.

The EFCC’s pursuit of Bello underscores the agency’s mandate to combat corruption and financial crimes, sending a strong message that individuals implicated in corrupt practices will be held accountable for their actions.

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Concerns Mount Over Security as National Identity Card Issuance Shifts to Banks

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NIMC enrolment

Amidst the National Identity Management Commission’s (NIMC) recent announcement that the issuance of the proposed new national identity card will be facilitated through applicants’ respective banks, concerns are escalating regarding the security implications of involving financial institutions in the distribution process.

The federal government, in collaboration with the Central Bank of Nigeria (CBN) and the Nigeria Inter-bank Settlement System (NIBSS), introduced a new identity card with payment functionality, aimed at streamlining access to social and financial services.

However, the decision to utilize banks as distribution channels has sparked apprehension among industry stakeholders.

Mr. Kayode Adegoke, Head of Corporate Communications at NIMC, clarified that applicants would request the card by providing their National Identification Number (NIN) through various channels, including online portals, NIMC offices, or their respective banks.

Adegoke emphasized that the new National ID Card would serve as a single, multipurpose card, encompassing payment functionality, government services, and travel documentation.

Despite NIMC’s assurances, concerns have been raised regarding the necessity and security implications of introducing a new identity card system when an operational one already exists.

Chief Deolu Ogunbanjo, President of the National Association of Telecoms Subscribers, questioned the rationale behind the new General Multipurpose Card (GMPC), citing NIMC’s existing mandate to issue such cards under Act No. 23 of 2007.

Ogunbanjo highlighted the successful implementation of MobileID by NIMC, which has provided identity verification for over 15 million individuals.

He expressed apprehension about integrating the new ID card with existing MobileID systems and raised concerns about data privacy and unauthorized duplication of ID cards.

Moreover, stakeholders are seeking clarification on the responsibilities for card blocking, replacement, and delivery in case of loss or theft, given the involvement of multiple parties, including banks, in the issuance process.

The shift towards utilizing banks for identity card issuance raises fundamental questions about data security, privacy, and the integrity of the identification process.

With financial institutions playing a pivotal role in distributing sensitive government documents, there are valid concerns about potential vulnerabilities and risks associated with this approach.

As the debate surrounding the security implications of the new national identity card continues to intensify, stakeholders are calling for greater transparency, accountability, and collaboration between government agencies and financial institutions to address these concerns effectively.

The paramount importance of safeguarding citizens’ personal information and ensuring the integrity of the identity verification process cannot be overstated, especially in an era of increasing digital interconnectedness and heightened cybersecurity threats.

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Israeli President Declares Iran’s Actions a ‘Declaration of War’

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Israel Gaza

Israeli President Isaac Herzog has characterized the recent series of attacks from Iran as nothing short of a “declaration of war” against the State of Israel.

This proclamation comes amidst escalating tensions between the two nations, with Iran’s aggressive actions prompting serious concerns within Israel and the international community.

The sequence of events leading to Herzog’s grave assessment began with a barrage of 300 ballistic missiles and drones launched by Iran towards Israel over the weekend.

While the Israeli defense forces managed to intercept a significant portion of these projectiles, the sheer scale of the assault sent shockwaves through the region.

President Herzog’s assertion of war was underscored by Israel’s careful consideration of its response options and ongoing discussions with its global partners.

The gravity of the situation prompted the convening of the G7, where member nations reaffirmed their commitment to Israel’s security, recognizing the severity of Iran’s actions.

However, the United States, a key ally of Israel, took a nuanced stance. President Joe Biden conveyed to Israeli Prime Minister Benjamin Netanyahu that, given the limited casualties and damage resulting from the attacks, the US would not support retaliatory strikes against Iran.

This position, though strategic, reflects a delicate balancing act in maintaining stability in the volatile Middle East region.

Meanwhile, Russian Foreign Minister Sergei Lavrov and his Iranian counterpart Hossein Amir-Abdollahian cautioned against further escalation, emphasizing the potential for heightened tensions and provocative acts to exacerbate the situation.

In response to the escalating crisis, the Nigerian government issued a call for restraint, urging both Iran and Israel to prioritize peaceful resolution and diplomatic efforts to ease tensions.

This appeal reflects the broader international consensus on the need to prevent further escalation and mitigate the risk of a wider conflict in the Middle East.

As Israel grapples with the implications of Iran’s aggressive actions and weighs its response options, President Herzog reiterated Israel’s commitment to peace while emphasizing the need to defend its people.

Despite calls for restraint from global allies, Israel remains vigilant in safeguarding its security amidst the growing threat posed by Iran’s belligerent behavior.

The coming days are likely to be critical as Israel navigates the complexities of its response while international efforts intensify to defuse the escalating tensions between Iran and Israel.

The specter of war looms large, underscoring the urgency of diplomatic engagement and concerted efforts to prevent further escalation in the region.

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