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Home Business News

Pastor Said It Takes About N1 Million To Open A Branch

Chacha Wabara by Chacha Wabara
November 3, 2016
in Business News
Pastor Said It Takes About N1 Million To Open A Branch
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Definitely, the rise in prices everywhere is affecting almost all sectors of the economy. But according to what General Overseer of God’s Mercy Revival Ministries (GOMERM) Lagos, Dr James Akanbi says, religious houses are not suffering from the impact. Akanbi says that the recession doesn’t stop the work of the Lord from going on. He said this in an interview with The Nation correspondent.

According to Akanbi, no individual that can finance the church. Only God can finance it and He will always finance Himself no matter how tight. The former Finance and Administration Manager said that the recession does not really affect the operations of religious houses, at least his own.

Within the past 6 months, he has opened about ten branches with each branch costing about N1 million to open. ‘In the last five or six months, we’ve been able to start about ten branches. If we are talking about starting a branch, some of the branches will take more than a million to start… I believe if it is God’s vision, He will make provisions for it.

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‘I agree the economy shrinks one way or the other but divine provision will not shrink. Offering to the church might shrink but divine provision will not shrink. He will raise it from whichever angle definitely. Our impact in the lives of people should still continue the recession notwithstanding’ he said.

Speaking on the organizational structure of his outfit, Akanbi said that all the branches in Nigeria, Gambia, Senegal and Republic of Benin do not remit but have workers paid from the central headquarters. Rather, branches can grow themselves with whatever funds they earn.

Tags: Nigerian recession
Chacha Wabara

Chacha Wabara

Chacha Wabara-Ogbobine is a Legal practitioner with over 9years post call experience. A research Consultant, professional writer and a blogger at heart,owner of four thriving websites with well over 10years of experience. Totally in love with keeping fit and coaching weight loss enthusiasts. I love my quiet time, being with my kids, watching TV series for hours on end.

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