Nigeria’s pastors ‘as rich as oil barons’ according to Forbes Magazine


Nigeria’s pastors run multi-million dollar businesses which rival that of oil tycoons, a Nigerian blogger who has researched the issue has told the BBC.

Mfonobong Nsehe, who blogs for Forbes business magazine, says pastors own businesses from hotels to fast-food chains.

“Preaching is big business. It’s almost as profitable as the oil business,” he said.

The joint wealth of five pastors was at least $200m (£121m), he said.

Evangelical churches have grown in Nigeria in recent years, with tens of thousands of people flocking to their services.


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