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2023 PRESIDENCY: Has Pastor Tunde Bakare Of The Citadel Global Community Church Paid Back The N9Billion Loan He Took From WEMA Bank To Build His Church?

Pastor Tunde Bakare.

Recently, man of God and senior pastor of the Citadel Global Church, Lagos, Pastor Tunde Bakare, declared to run for the office of the president of the Federal Republic of Nigeria and had to purchase the mandatory 100 million naira expression of interest form for the same from the All Progressives Congress, APC.

Back in December, 2021, this same Pastor Tunde Bakare was embroiled in a battle with the management of WEMA Bank over a N9Billion loan he took on behalf of his for the reconstruction and renovation of the same and in 2022, the outspoken man of God has joined the presidential race in Nigeria after paying a whopping sum of a hundred million naira to obtain the form.

The platform therefore would like to know if Pastor Tunde Bakare had had a closure to that transaction yet or what is the situation of things between himself and WEMA bank”

What would be the implications for him to owe N9billion and goes to giveaway to a political party, a hundred million, which would go a long way in helping to reduce the debt or the interest accruable, especially when he knows that he would neither become the candidate of the party or the President of Nigeria.

According to a report done by “Precious Eze’s Bog” back in 2021, WEMA Bank had said that there was a renewed resolve by the management of the bank to retrieve all huge loans taken by debtors who have not been servicing their loans, the very voluble pastor may be in for interesting times, as the loan taken to build his new church has risen to about nine billion Naira (N9 billion).

It was reported then that in building his new church headquarters, the multi-billion naira Citadel Global Community Church edifice in Oregun, Ikeja, Lagos, Pastor Bakare exploited his relationship with Wema Bank to secure a N4.5billion loan. The thinking, according to sources close to the pastor is that the bigger the church became, the more populous and prosperous it would become.


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