The Senior Pastor ,Latter Rain Assembly (The Citadel) Pastor Tunde Bakare has said that nobody can Humiliate him over the funding of the Citadel because there was no hanky panky over it
Speaking in an interview recently Bakare said that “when the citadel began, all that was in our coffers was N500 million and one day, my wife said it seemed a citadel was possible, because we had gotten the approval. The approval was given on my daughter’s wedding day – some five, six years ago. We didn’t have the money to build, but God granted us favour.”
Continuing he said ‘I’ve done some investment myself in times past. And there are members of the church, who gave their best, but I will tell you today, Citadel was financed by five banks, no government money, not one dime. The only person in government who gave us money was Buhari – the N5 million I mentioned earlier. There were individuals who gave this and that. Even the loans we took, we didn’t take a penny into account, they were paid directly to contractors. Out of the five banks, we have paid two off. We are on the third one now. And that’s Fidelity. We have paid off Unity bank, we have paid off UBA. We are paying fidelity now, and the two other banks have restructured the facility so that instead of two years, it is now five years where we can pay in installments and I’m writing a book on how Citadel was funded so that people can keep quiet. And honestly, the only security they took for this was my name and the land upon which it is built and the old building.”
On how smart is it to build a Church with a facility when ,it is not a business venture he said “the book of nation building is the book of Nehemiah, read chapter one, read chapter two, and go to chapter six, you will see it there, the house I will live in, the citadel, the tempo, and the commercial section. The commercial section in that place, but for COVID, will pay for everything there, and you don’t have to really pressurize people.”
“There’s a banking hall, there are big shops that will attract commerce. Why do you put billions in a building that you use twice a week? It is madness. It (the Bible) said your gate shall not be shut day and night. There must be activities going on there. There’s an event center there. There are schools there. All the classrooms that I use for Sunday school, we use for school from Monday to Friday. It’s a complete community model.”
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