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N4.5 BILLION NAIRA ($18 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.

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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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