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Home / Church / N4.5 BILLION NAIRA ($9 MILLION) BANK LOAN FOR THE CITADEL CHURCH PROJECT

N4.5 BILLION NAIRA ($9 MILLION) BANK LOAN FOR THE CITADEL CHURCH PROJECT

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Pastor Tunde Bakare speaks:

Citadel was financed by 5 banks, no Govt money, not one dime. The only person in government who gave us money was BUHARI – the N5m I mentioned earlier……Even the loans we took, we didn’t take a penny into account, they were paid directly to contractors.

Out of the 5 banks, we have paid 2 off.

We are on the 3rd one now ie Fidelity.

We have paid off Unity bank and UBA.

We are paying Fidelity now….2 other banks have restructured the facility so that instead of 2 years, it is now 5 years where we can pay in installments.

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