NLNG Corporate Caring banner First bank SME Connect Fidelity bank card banner Emerald Energy Institute Camano banner

BREAKING NEWS: Buhari sacks man blamed for Adeboye’s retirement saga •Saves other Pastors

By News Express on 09/01/2017

Gmail icon

Views: 8,767

•Sacked FRC Executive Secretary Jim Obazee.
•Sacked FRC Executive Secretary Jim Obazee.

The man mentioned as the cause of the retirement controversy involving legendary cleric, Pastor Enoch Adejare Adeboye, suddenly lost his job on Monday evening, December 9, 2017. The Financial Reporting Council of Nigeria (FRC) was cited by Pastor Adeboye on Saturday morning while announcing his retirement as General Overseer of the Redeemed Christian Church of God (RCCG).

Reports this morning said that Mr. Jim Obazee, until minutes ago Executive Secretary of the FRC, had disobeyed his supervising minister, the Minister of Industry, Trade, and Investment, Okechukwu Enelamah, who reportedly advised him to suspend the implementation of an FRC regulation which requires the heads of all registered churches, mosques, and other non-profit organisations a maximum of 20 years in office and to thereafter hand over to someone from outside their families. Mr. Obazee reportedly vowed not to obey Mr. Enelamah’s letter on the issue, saying that only an official gazette on the issue would stop him.

A statement just issued in Abuja by Garba Shehu, Senior Special Assistant to the President

(Media and Publicity), says the Board of the Council has been dissolved and immediately reconstituted.

Entitled ‘Buhari Approves the Reconstitution of the Financial Reporting Council of N’, the statement says: “President Muhammadu Buhari has approved the immediate removal and the replacement of the Executive Secretary and the reconstitution of the board of the Financial Reporting Council of Nigeria (FRN). He has appointed a Chairman and a new Executive Secretary for the council.

“The new Council as approved by the President has Mr Adedotun Sulaiman, MFR as Chairman.

Mr. Sulaiman was a former Managing Partner/Director of Arthur Anderson and later, Accenture. He is a Chartered Accountant and a product of the University of Lagos and Harvard Business School.

“The President has also approved the appointment of Mr. Daniel Asapokhai as the Executive Secretary of the Council.

“Mr. Asopokhai is a partner and a Financial Reporting Specialist at the PricewaterHouseCoopers (PWC), Nigeria.

“He is a product of the University of Lagos and the University of Pretoria.

“President Muhammadu Buhari has also instructed the Minister of Industry, Trade, and Investment to invite the nineteen ministries, departments and agencies of the Federal Government and private sector organizations specified in the FRC Act to nominate members of the board of the council.”

News Express reports that Pastor Adeboye, who has led RCCG since 1981, had on Saturday morning announced his retirement as RCCG General Overseer at the Annual Ministers Thanksgiving of the church held at the Redemption Camp located along the Lagos-Ibadan Expressway. He went ahead to announce Pastor Joseph Obayemi as the new General Overseer.

However, as news of the shocking announcement spread, the 74-year-old cleric reneged on his word and assumed the newly created position of General Overseer of RCCG Worldwide – a position alien to the constitution of the church – while Pastor Obayemi would be restricted to heading the Nigerian operations of RCCG.

As reported on Sunday by News Express, the FRC regulation, if enforced, would lead to an earthquake in Pentecostal churches in Nigeria, where the founder usually heads the church for life and is succeeded by a family member.

With Obazee’s sack and the dissolution of the FRC Board, President Buhari has saved the jobs of many other prominent Pentecostal church leaders who have since passed the 20-year threshold. Among them are Pastor Kumuyi, who has spent 43 years as the General Overseer of Deeper Life Ministry; Bishop Mike Okonkwo of The Redeemed Evangelical Mission (35 years); Winners Chapel’s Bishop David Oyedepo (35 years); Daniel Kolawole Olukoya of the Mountain of Fire and Miracles Ministries (22); Pastor Ayo Oritsejafor of Word of Life Bible Church (29 years); Rev. Chris Okotie of the Household of God (29 years); Kingsway International Christian Centre’s Pastor Matthew Ashimolowo (24 years);.

Others are Pastor Chris Oyakhilome of Believers’ LoveWord International (26 years); Pastor Sam Adeyemi of Daystar Christian Centre (21 years); Pastor Tunde Bakare of Latter Rain Assembly (27 years); House on the Rock’s Pastor Paul Adefarasin (22 years), among others.

Source News Express

Posted 09/01/2017 6:52:02 PM





You may also like...
I will never vie for senatorial seat: Governor...

Mad rush for LAKE RICE in Lagos (50kg...

FG warned against negotiating poor deal with Niger...

Rebels reportedly capture ‘several Saudi army officers’, thousands...

Wharton MBA steps up awareness campaign, targets increased...

Ex-Landlady unmasks President Jonathan’s childhood days in Oguta...

2017 Budget won’t be padded, Buhari assures

Minister resigns ahead of 2019 election

Keshi shortlisted for Burkina Faso job

FG plans to save N4bn from travel costs...

FAAC: FG, States, LGs share N762.5bn in June...

Obiano tasks South East traditional rulers on unity...


Latest News Heavyweights, others expected as 7th News Express Anniversary Lecture holds today in Lagos FG set to release N900bn for capital expenditure Presidency: Supreme Court to give reason for dismissal of Atiku’s appeal Friday Edo APC crisis: Oshiomhole, NWC bow to pressure, set up reconciliation committee Why my suspension can’t hold — Obaseki Scores feared dead, many injured as PDP, APC supporters clash in Bayelsa Insecurity: Gani Adams expresses worry over attitude of South-West Governors Reps urge Minister to dissolve 3-man NDDC Interim Board Imo Speaker must show proof of Doctorate degree, explain NYSC exemption — Group Kogi guber: Deployment of Bello’s ex-ADC invitation to violence, PDP tells IGP Don’t cancel Police’s recruitment of 10,000 constables, Malami urges court Falana to DSS: Release Sowore with immediate effect


Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (561,859 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (451,864 views) Shameless Genevieve Nnaji exposes breasts in public (400,850 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (334,912 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (303,220 views) 10 cars more expensive than Jets (279,738 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (258,539 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (256,660 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (238,161 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (224,481 views) Lagos plane crash: Journalist releases victims’ names (201,142 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (197,913 views)


CBN milk production

CBN banner advert

UBA Wise Savers Promo


Categories Advertorials (3) African Press Organisation (81) Art & Literature (108) Business & Economy (4,566) Business Verdict (86) Columnists (1,142) Complaints & Requests (97) Enterprise & Opportunities (219) Entertainment (702) Features (844) Global Business Monitor (493) ICT Monitor (67) International (4,198) Interview (211) Live Commentary (30) Love Matters (176) Maggie's Blog (481) News (53,919) Opinion (1,418) Pidgin (17) Politics (11,707) Religion (1,118) Sports (2,224) Stock Watch (39) AMA & Al Jazeera Global Update







APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera