Monday, September 16, 2019

It’s propaganda to say churches are rich - Sam Adeyemi

The Senior Pastor of Daystar Christian Centre, Sam Adeyemi, on Monday said that most churches in the country were financially stranded due to lack of financial management skills by their leaders.

Speaking at a news conference organised by the Christian Financial Accountability Association in Lagos, Adeyemi said that many churches spent money without proper monitoring and records.

“When people say churches have money, it is propaganda. At least 75 per cent of churches have less than 100 members.

“It is very little money they manage and out of that little money, they take care of widows and people who do not have.


“Most of the leaders of these churches don’t have financial management skills,” he said.

Adeyemi said CFAA was dedicated to helping these Christian organisations to facilitate financial accountability, ethical and governance standards.

“When these organisations are helped, even their finances will be better,” he said.

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