Nigeria has a significant Christian population and churchgoers. As such, there is a great need for pastors and congressional leaders. A lot of these pastors are blessed financially and have amassed enough wealth to be considered wealthy.
The notion that pastors are poor and survive on tithes and offerings, has long been debunked. There are a lot of pastors in Nigeria who have amassed enormous wealth from their ministries and other commercial ventures.
Richest Pastors in Nigeria in 2024
In this article, we have made a comprehensive list of the 10 richest pastors in Nigeria and their net worth. Read on to learn more.
1. Bishop David Oyedepo
Bishop David Oyedepo as he is popularly called is said to be worth an estimated $150 million making him the richest pastor in Nigeria.
He is the founder of Living Faith World Outreach Ministry, which is also known as Winners Chapel.
Oyedepo is the owner of Dominion Publishing House, which sells all his books. He is also a founder of Covenant University, Landmark University, and Faith Academy. The Bishop also owns large estates across Nigeria, fashionable cars, and a private jet.
The church’s headquarters is located in Otta, Ogun. The auditorium which is called the Faith Tabernacle is a 50,000-seat church auditorium and is reported to be the largest church auditorium in the world by the Guinness World Records.
The Winners’ Chapel network of churches is located in over 300 cities, in all states of Nigeria, and in several cities in 45 African nations, Dubai, the United Kingdom, and the United States.
2. Pastor Chris Oyakhilome
Pastor Chris Oyakhilome is the President of The Believer`s World Fellowship and the Christ Embassy Church.
He is said to be worth an estimated $60 million. The pastor has been tagged as one of the prosperity preachers as the church often encourages members to sow seeds in the form of money.
Pastor Chris also earns income from the sales of his books. His ministry holds meetings in the United Kingdom and the United States and has “healing school” sessions in South Africa and Canada.
Also, he is the convener of the Higher Life conferences in Nigeria, Ghana, South Africa, the UK, the US, and Canada.
Pastor Chris also operates an International School of Ministry, which held one of its Ministers’ Network Conferences in 2016 with 5000 ministers in attendance from 145 countries, in Johannesburg, South Africa.
He is also known for his philanthropic works, which include aiding the poor, the sick, and the dispossessed, both materially and spiritually. Pastor Chris’s Inner City Mission Project declares that “every child is your child” and this project saves and assists orphaned and indigent children in inner cities across the globe.
3. Pastor Enoch Adejare Adeboye
Pastor Enoch Adejare Adeboye is popularly called “Daddy G.O” by members of his church, The Redeemed Christian Church of God.
He is said to be worth an estimated $50 million and he is one of the three Nigerian pastors that has been able to afford a private jet.
Pastor Adeboye was appointed as the General Overseer of The Redeemed Christian Church of God in 1981. He took over the position from Papa Akindayomi.
R.C.C.G. is one of the largest churches in the world. The church has branches in 192 nations globally and there are over 14,000 churches of The Redeemed Christian Church of God in Nigeria.
The vision of the church is to build a church within five minutes’ distance from every home of every person in the world.
Pastor Adeboye is known to have established an endowment fund for 4 Nigerian universities. The church also runs a private university, Redeemers University.
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4. Sam Adeyemi
With an estimated net worth of $19 million, Sam Adeyemi is the owner and overseer of Daystar Christian Centre, which was established in 1995. He is also a Christian author and motivational speaker.
The globally appreciated motivational series Success Power was published by him. He also has a broadcast program called Excellent Leadership which airs on Daystar Network Television and Word Network in the US.
5. Pastor Ayodele Oritsejafor
Popularly called Papa, Pastor Ayo Oritsejafor is said to be worth an estimated $15 million. He is the founder of the World of Life Bible Church with headquarters in the oil-rich Warri, Nigeria.
Papa Ayo Oritsejafor is one of the few pastors in the country who owns a private jet. Also, he has several luxurious cars and real estate.
The pastor revealed that he became born-again in 1972 and it was that same year that he made an oath to become a servant of the Lord Jesus for the rest of his life.
He started attending All Nations For Christ Bible Institute in Benin City but he would later leave the Institute to start his church, the World of Life Bible Church.
He became the national president of the Pentecostal Fellowship of Nigeria (PFN) in 2005, a position he held for five years.
In July 2010, Oritsejafor was elected President of the Christian Association of Nigeria (CAN), the apex body of all Christians in the country. In doing so he became the first Pentecostal leader to hold the position. Oritsejafor was the first to launch a Miracle crusade from Africa to a world audience via satellite in 1987 with evangelist Joe Martins.
Pastor Oritsejafor is involved in several humanitarian efforts along with his wife. In December 2005, Oritsejafor and his wife Helen partnered with Flight Micro Finance Bank to start an empowerment programme for the people. Oritsejafor, ever since, has made it a tradition to empower the less privileged and to alleviate the sufferings of families all over at the end of every December.
On 26 December 2016, the Word of Life Bible Church in conjunction with the Eagle Flight Micro Finance Bank allegedly held the poverty alleviation programme in Warri.
6. Pastor Matthew Ashimolowo
Pastor Matthew Ashimolowo is the renowned pastor of Kingsway International Christian Centre otherwise known as KICC. He is said to be worth an estimated $12 million, although Forbes estimated Ashimolowo’s net worth is at between $6–10 million.
The KICC annual accounts revealed that he earns an annual salary of £100,000 but the majority of his wealth comes from the sale of Christian literature and documentaries from his media company, Matthew Ashimolowo media. This is consistent with the fact that Ashimolowo subscribes to and teaches success in the vein of prosperity theology, which in most respects is considered controversial.
His Winning Ways program is aired daily on Premier Radio (London) and Spirit FM (Amsterdam) and television in Nigeria, Ghana, Zimbabwe, FaithAfrica (DSTV 341), the Trinity Broadcasting Network (TBN) and Europe on The God Channel and Inspirational Network.
7. David Ibiyeomie
With an estimated net worth of $10 million, Pastor David Ibiyeomie is the General Overseer and Founder of Salvation Ministries Church, with branches in Port Harcourt, Calabar, Lagos, and other cities throughout the nation.
He started up as a house fellowship preacher on Victoria Island in Lagos. Afterwards, he relocated to Port Harcourt, where he founded a church with only 20 congregants.
By 2017, his Ministry had expanded to a Sunday headquarters attended by over fifty thousand people.
8. Lazarus Muoka
Pastor Lazarus Muoka is the founder and the general overseer of the Lord’s Chosen Charismatic Revival Movement. The church is one of the fastest-growing churches in Nigeria. Muoka is said to be worth an estimated $8 million.
He was born in Mgbidi in Imo state and was raised in a Catholic family. A few years after his secondary education, he relocated to Lagos. Muoka worked briefly before opening his own business. Not too long after, Muoka decided to dedicate his life to serving God, and soon after he started his ministry, the Lord`s Chosen Charismatic Revival Movement.
Apart from his income from the church and his preaching engagements, Muoka is also a renowned author of several Christian books and journals. Some of his published books include How God Called Me, “Mark My Words”, “And Ye Shall Receive Power”, “Ye Must Be Born Again” and Christianity: A Better and Pure Religion.
9. Chukwuemeka Ohanaemere aka “Odumeje”
Known by several monikers, including “The Lion,” “The Liquid Metal,” and “Indaboski Bahose,” Prophet Chukwuemeka Odumeje is the overseer of Nigeria’s Mountain of Holy Ghost Intervention and Deliverance Ministry.
With an estimated net worth of $6.5 million, Odumeje is also a musician who has released several noteworthy songs including “Alabasidi”, “Jesus Odumeje”, “Oku Na Ele Ele”, and many others.
10. Johnson Suleman
With an estimated net worth of $5 million, Apostle Johnson Suleman is the general overseer and pastor of Omega Fire Ministries International, a church whose headquarters is located in Auchi, Edo State.
Following his tenure as an assistant pastor at the Armor of God Church in Lagos from 1998 to 2003, Pastor Suleman founded Omega Fire Ministries in 2004.
It is impressive how wealthy these pastors are; they are actually among the richest pastors in the world. With almost half of the Nigerian population being Christians, Nigeria provides a great platform for Pastors to thrive. It is a norm for Christians in Nigeria to attend church regularly, pay their tithes, and give offerings.
While we are not saying that pastors are making their money from exploiting their congregation, the spiritual devotion of Nigerians is indeed the major reason for the success of all these pastors. Their hard work and resourcefulness are also reasons they have made so much money.