Feature/OPED
What Pentecostal Pastors Have in Common With Politicians
By Michael Owhoko, PhD
The disparity of roles between ecclesiastics and politicians is generally expected to translate to differences in values, lifestyles and creeds, but this pattern has been disrupted and bridged in Nigeria by materialism. Moral disconnects, lust and insatiability for money, wealth, fame, influence and power have conspired to bring the men of God to the level of politicians. This is evident in the Pentecostal ministries where some founding pastors and general overseers {GOs} no longer exhibit ascetic dispositions and restraints from material allures.
Men of God are ordained servants positioned to constantly communicate God’s values and the work of Jesus Christ for the redemption of mankind with humility and sacrifice, not as businessmen and women with devotion of brewed capitalists, displaying affluence like politicians. Politicians are elected political office holders with the responsibility of running the government to primarily provide welfare and security of lives and properties for the people, but opt to make politics a career and business for generating wealth for themselves.
With similarities in affluence and avarice, both pastors and politicians now operate in the same frequencies. They buy private jets, lodge in diplomatic suits in 5-star hotels during local and foreign travels, send their children to expensive schools abroad, buy houses abroad, procure citizenship of foreign countries for themselves and immediate families, live in highbrow areas, enjoy retinue of domestic staff, and site projects funded with church or government money in their villages and home towns.
Besides, they also drive expensive exotic cars and SUVs with convoys of security escorts for protection. The use of escorts by politicians is understandable because they are vulnerable to public attacks owing to the lifestyle of lies and deceit. But where men of God who preach truth and regularly assure members of divine protection, fail to invoke celestial powers on themselves, but rely on security agencies for defence, leaves much to be desired.
The process for funding their voracious and lavish lifestyles is similar. While politicians deploy all sorts of illusions to embezzle public funds, including the collection and diversion of constituency funds for private interests, some men of God obtain a pecuniary advantage over their members through hoaxes, guilt and fear. They ensure management of tithes, offerings, seeds and first fruit are under their exclusive preserve, including compelled donations orchestrated to look voluntary, but mechanically designed to appeal to the emotions of congregates.
There is no accountability and transparency. Financial management and utilization of these sources of income are shrouded in secrecy, except to the knowledge of immediate families of pastors and GOs or a few carefully selected loyal church members. Members are generally advised not to ask questions on how finances are utilized, as enquiries are viewed as recalcitrant handwork of the devil, and attract consequences ranging from warning, suspension or outright expulsion.
Abroad, the church’s offerings and tithes are classified as charity funds. There is transparency and accountability. Members are at liberty to ask for receipts for such levies, as they serve as evidence of contributions to charity. Such receipts are presented to the government for purposes of tax rebates, enabling members to enjoy tax relief.
Pentecostal churches are not liable to members on how levies and contributions are managed, just like the government where there is no accountability and transparency. Political officeholders use public funds as personal incomes to service their lives. When citizens demand accountability over the management of revenues in the face of glaring corruption, politicians in power are quick to accuse or label such persons as agents of destabilization working for opposition parties. When such criticism persists, such citizens are either hounded, warned, blackmailed, intimated or silenced, using state security apparatus.
Due to seemingly shared values, politicians who contested elections and won through rigging and other fraudulent processes, are offered opportunities in the Pentecostal churches to offer thanksgiving to God for a “successful” election. They are even allowed to step on the pulpit to share testimonies and minister to the congregation, with prayers offered to them thereafter, and sometimes, along with prophesies. Before departure, the politicians make donations to the church, most of which are redeemed with looted funds.
Looted funds are accepted as donations, gifts, seeds, tithes or offerings. Pastors and GOs are not bothered about the sources of funds nor the integrity or character of donors. As long as it swells the revenue base of the church, it is acceptable. This is the attraction accounting for the proliferation of Pentecostal churches in Nigeria. It is doubtful if the Nigerian Bureau of Statistics {NBC} knows the exact number of these churches. They target locations populated by high net-worth individuals to set up branches to grow their finances, as against rural areas inhabited by the poor. Lekki in Lagos is a major target, accounting for the high presence of key Pentecostal churches.
While politicians have made politics a lucrative business, violating the purpose of government for selfish interests and gains, these men of God in the Pentecostal movement have also made the gospel a business, failing to resist the lure of earthly wealth under the guise of kingdom expansion pursuit. While it is true 1 Corinthians nine: 13-14 says preachers can live from the gospel, making it an obligation for church members to support their pastors, men of God have taken this verse out of context by taking advantage of vulnerability and ignorance of members to fund their ostentatious and extravagant lifestyles.
The need to sustain and maintain their expensive lifestyles is also responsible for the absence of clear succession plans. Having tasted power, money and influence, the typical politician is afraid to relinquish office. Where he is statutorily required to do so, resorts to picking his child or wife or relation or a sponsored successor to take over from him. For them, it is difficult to let go of the wealth and juicy opportunities associated with their offices.
Founding Pentecostal pastors and GOs also deploy similar methods to perpetuate themselves in office. They have no clear succession plans, preferring to foist themselves on the congregates in perpetuity, pretending to be waiting for the Lord to choose a successor, when in fact, they have their children or wives in mind, whom they groom to take over. They cannot afford to hand over the huge finances of the church to an “outsider”. It is the reason a Pentecostal church hardly survives beyond the life of its founder, as it slowly slides into extinction after his or her demise.
Also, while politicians regale their audience with promises of taking them out of poverty as a strategy to secure their votes, some of these Pentecostal pastors create false hope for members for prosperity as a strategy for church growth. Rather than encourage congregates to acquire skills to enable them to offer services and products, they organize prayer programmes where they are asked to sow seed, which only enriches the pastors but depletes the poor. They know wealth cannot be created through prayers, yet, members are advised to exercise faith.
Unfortunately, donations, levies and other revenues contributed by members of the church are not fully used for kingdom expansion but diverted and invested in private family commercial businesses registered in family names. Returns from these investments are also not fully ploughed into the church but partly reinvested into other businesses, including real estate, stocks, manufacturing, and even aviation where underutilized private jets are leased for commercial purposes.
Implicitly, there are now obvious blurred lines between spiritual and temporal dimensions fueled by material pursuits involving Pentecostal pastors and politicians. Existential gaps between them have continued to be narrowed by shared values, exacerbated by materialism. The underpinning motive behind this seeming convergence is prosperity, covertly wrapped under the guise of bringing succour to the people, which is currently posing a serious reputation threat to the Pentecostal movement, and reshaping it to conjure an image of hypocrisy. It is indeed, an unhelpful development.
Sadly, the affluence associated with pastoral office is also currently having a ring on the minds of church members who are enrolled in Bible Colleges. Most of them now look forward to establishing their church upon graduation. They also want to “blow” like their pastors who project their stupendous wealth as a product of divine favour, prompting them to want to set aside divine ordinances and protocols to commence their ministries, rather than wait to be called by the Lord.
Dr. Mike Owhoko, Lagos-based public policy analyst, author, and journalist can be reached at www.mikeowhoko.com and followed on X {formerly Twitter} @michaelowhoko.
Feature/OPED
The Future of Payments: Key Trends to Watch in 2025
By Luke Kyohere
The global payments landscape is undergoing a rapid transformation. New technologies coupled with the rising demand for seamless, secure, and efficient transactions has spurred on an exciting new era of innovation and growth. With 2025 fast approaching, here are important trends that will shape the future of payments:
1. The rise of real-time payments
Until recently, real-time payments have been used in Africa for cross-border mobile money payments, but less so for traditional payments. We are seeing companies like Mastercard investing in this area, as well as central banks in Africa putting focus on this.
2. Cashless payments will increase
In 2025, we will see the continued acceleration of cashless payments across Africa. B2B payments in particular will also increase. Digital payments began between individuals but are now becoming commonplace for larger corporate transactions.
3. Digital currency will hit mainstream
In the cryptocurrency space, we will see an increase in the use of stablecoins like United States Digital Currency (USDC) and Tether (USDT) which are linked to US dollars. These will come to replace traditional cryptocurrencies as their price point is more stable. This year, many countries will begin preparing for Central Bank Digital Currencies (CBDCs), government-backed digital currencies which use blockchain.
The increased uptake of digital currencies reflects the maturity of distributed ledger technology and improved API availability.
4. Increased government oversight
As adoption of digital currencies will increase, governments will also put more focus into monitoring these flows. In particular, this will centre on companies and banks rather than individuals. The goal of this will be to control and occasionally curb runaway foreign exchange (FX) rates.
5. Business leaders buy into AI technology
In 2025, we will see many business leaders buying into AI through respected providers relying on well-researched platforms and huge data sets. Most companies don’t have the budget to invest in their own research and development in AI, so many are now opting to ‘buy’ into the technology rather than ‘build’ it themselves. Moreover, many businesses are concerned about the risks associated with data ownership and accuracy so buying software is another way to avoid this risk.
6. Continued AI Adoption in Payments
In payments, the proliferation of AI will continue to improve user experience and increase security. To detect fraud, AI is used to track patterns and payment flows in real-time. If unusual activity is detected, the technology can be used to flag or even block payments which may be fraudulent.
When it comes to user experience, we will also see AI being used to improve the interface design of payment platforms. The technology will also increasingly be used for translation for international payment platforms.
7. Rise of Super Apps
To get more from their platforms, mobile network operators are building comprehensive service platforms, integrating multiple payment experiences into a single app. This reflects the shift of many users moving from text-based services to mobile apps. Rather than offering a single service, super apps are packing many other services into a single app. For example, apps which may have previously been used primarily for lending, now have options for saving and paying bills.
8. Business strategy shift
Recent major technological changes will force business leaders to focus on much shorter prediction and reaction cycles. Because the rate of change has been unprecedented in the past year, this will force decision-makers to adapt quickly, be decisive and nimble.
As the payments space evolves, businesses, banks, and governments must continually embrace innovation, collaboration, and prioritise customer needs. These efforts build a more inclusive, secure, and efficient payment system that supports local to global economic growth – enabling true financial inclusion across borders.
Luke Kyohere is the Group Chief Product and Innovation Officer at Onafriq
Feature/OPED
Ghana’s Democratic Triumph: A Call to Action for Nigeria’s 2027 Elections
In a heartfelt statement released today, the Conference of Nigeria Political Parties (CNPP) has extended its warmest congratulations to Ghana’s President-Elect, emphasizing the importance of learning from Ghana’s recent electoral success as Nigeria gears up for its 2027 general elections.
In a statement signed by its Deputy National Publicity Secretary, Comrade James Ezema, the CNPP highlighted the need for Nigeria to reclaim its status as a leader in democratic governance in Africa.
“The recent victory of Ghana’s President-Elect is a testament to the maturity and resilience of Ghana’s democracy,” the CNPP stated. “As we celebrate this achievement, we must reflect on the lessons that Nigeria can learn from our West African neighbour.”
The CNPP’s message underscored the significance of free, fair, and credible elections, a standard that Ghana has set and one that Nigeria has previously achieved under former President Goodluck Jonathan in 2015. “It is high time for Nigeria to reclaim its position as a beacon of democracy in Africa,” the CNPP asserted, calling for a renewed commitment to the electoral process.
Central to CNPP’s message is the insistence that “the will of the people must be supreme in Nigeria’s electoral processes.” The umbrella body of all registered political parties and political associations in Nigeria CNPP emphasized the necessity of an electoral system that genuinely reflects the wishes of the Nigerian populace. “We must strive to create an environment where elections are free from manipulation, violence, and intimidation,” the CNPP urged, calling on the Independent National Electoral Commission (INEC) to take decisive action to ensure the integrity of the electoral process.
The CNPP also expressed concern over premature declarations regarding the 2027 elections, stating, “It is disheartening to note that some individuals are already announcing that there is no vacancy in Aso Rock in 2027. This kind of statement not only undermines the democratic principles that our nation holds dear but also distracts from the pressing need for the current administration to earn the trust of the electorate.”
The CNPP viewed the upcoming elections as a pivotal moment for Nigeria. “The 2027 general elections present a unique opportunity for Nigeria to reclaim its position as a leader in democratic governance in Africa,” it remarked. The body called on all stakeholders — including the executive, legislature, judiciary, the Independent National Electoral Commission (INEC), and civil society organisations — to collaborate in ensuring that elections are transparent, credible, and reflective of the will of the Nigerian people.
As the most populous African country prepares for the 2027 elections, the CNPP urged all Nigerians to remain vigilant and committed to democratic principles. “We must work together to ensure that our elections are free from violence, intimidation, and manipulation,” the statement stated, reaffirming the CNPP’s commitment to promoting a peaceful and credible electoral process.
In conclusion, the CNPP congratulated the President-Elect of Ghana and the Ghanaian people on their remarkable achievements.
“We look forward to learning from their experience and working together to strengthen democracy in our region,” the CNPP concluded.
Feature/OPED
The Need to Promote Equality, Equity and Fairness in Nigeria’s Proposed Tax Reforms
By Kenechukwu Aguolu
The proposed tax reform, involving four tax bills introduced by the Federal Government, has received significant criticism. Notably, it was rejected by the Governors’ Forum but was still forwarded to the National Assembly. Unlike the various bold economic decisions made by this government, concessions will likely need to be made on these tax reforms, which involve legislative amendments and therefore cannot be imposed by the executive. This article highlights the purposes of taxation, the qualities of a good tax system, and some of the implications of the proposed tax reforms.
One of the major purposes of taxation is to generate revenue for the government to finance its activities. A good tax system should raise sufficient revenue for the government to fund its operations, and support economic and infrastructural development. For any country to achieve meaningful progress, its tax-to-GDP ratio should be at least 15%. Currently, Nigeria’s tax-to-GDP ratio is less than 11%. The proposed tax reforms aim to increase this ratio to 18% within the next three years.
A good tax system should also promote income redistribution and equality by implementing progressive tax policies. In line with this, the proposed tax reforms favour low-income earners. For example, individuals earning less than one million naira annually are exempted from personal income tax. Additionally, essential goods and services such as food, accommodation, and transportation, which constitute a significant portion of household consumption for low- and middle-income groups, are to be exempted from VAT.
In addition to equality, a good tax system should ensure equity and fairness, a key area of contention surrounding the proposed reforms. If implemented, the amendments to the Value Added Tax could lead to a significant reduction in the federal allocation for some states; impairing their ability to finance government operations and development projects. The VAT amendments should be holistically revisited to promote fairness and national unity.
The establishment of a single agency to collect government taxes, the Nigeria Revenue Service, could reduce loopholes that have previously resulted in revenue losses, provided proper controls are put in place. It is logically easier to monitor revenue collection by one agency than by multiple agencies. However, this is not a magical solution. With automation, revenue collection can be seamless whether it is managed by one agency or several, as long as monitoring and accountability measures are implemented effectively.
The proposed tax reforms by the Federal Government are well-intentioned. However, all concerns raised by Nigerians should be looked into, and concessions should be made where necessary. Policies are more effective when they are adapted to suit the unique characteristics of a nation, rather than adopted wholesale. A good tax system should aim to raise sufficient revenue, ensure equitable income distribution, and promote equality, equity, and fairness.
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