Politics What Fani-Kayode Said About New Law On Church General Overseers

[ProfRem]

Former Minister of Aviation, Femi Fani-Kayode has reacted to the new law by the Financial Regulatory Council of Nigeria on the corporate governance of Not-For-Profit organizations where Churches, Mosques and others organization fell.

The effects of the new codes of corporate governance issued by the Financial Reporting Council (FRC) are beginning to manifest on Nigerian Churches although the council has said that Orthodox and Mosques have adjusted to the new policy while Pentecostal churches are still adamant.

Last week, Pastor Enoch Adeboye stepped down as the General Overseer of the Redeemed Christian Church of God (RCCG) of Nigeria owing to the letters of the new Financial regulatory council.



In his reaction, Fani-Kayode said the new law is an attack on the Church and queries what business government has with Churches.

He said: “The law that says G.O's of Churches who have been there for 20 yrs must go is an attack on the Church. What is govt's business with Churches?”

The Former Aviation minister is a sharp critic of President Muhammadu Buhari-led federal government and a member of the opposition party, Peoples Democratic Party, PDP.

 

[kayode ajayi]

The code for corporate governance has been there before the present government.

The code has control over the private and public sectors as we witness the tsunami abuse of office in cases of banks involving Cecelia Ibru, Akingbola, et all.

This same code also takes care of the 3rd sector ie Non-For Profit Organisations civil Society Org., benevolence: churches and what have you.

This review only came in 2016 to align the code with the rest of the world. The concern of the govt is that of its responsibility in general.

Base on the principles of trusteeship money flow to the orgs that are non-profit from legitimate donors and blind money from illegitimate sources that often fuel insurgencies.

By and large, it is all about transparency and public interest. If anyone still remembers the complaints that certain private (religious bodies) universities was built by the congregation monies but when it comes to placement there is the segregation that denied the children of the poor admissions to these universities.

 

[ProfRem]

The code for corporate governance has been there before the present government.

The code has control over the private and public sectors as we witness the tsunami abuse of office in cases of banks involving Cecelia Ibru, Akingbola, et all.

This same code also takes care of the 3rd sector ie Non-For Profit Organisations civil Society Org., benevolence: churches and what have you.

This review only came in 2016 to align the code with the rest of the world. The concern of the govt is that of its responsibility in general.

Base on the principles of trusteeship money flow to the orgs that are non-profit from legitimate donors and blind money from illegitimate sources that often fuel insurgencies.

By and large, it is all about transparency and public interest. If anyone still remembers the complaints that certain private (religious bodies) universities was built by the congregation monies but when it comes to placement there is the segregation that denied the children of the poor admissions to these universities.

You are very correct brother but the recent review just amended the area of General overseers and the finances of such organisation.

Well as for FFK and politics... I know nothing about that o.

I do not know why General Overseers can not leave the stage for next in line or another member when it is not a monarchical system of government.