During the September edition of the Leadership Empowerment Summit, Bishop David Oyedepo, the founder of Living Faith Church, delivered a powerful message on the significance of transparency and accountability for general overseers and founders of ministries.
Drawing from his own experience, Bishop Oyedepo shared that when he was in charge of the church’s finances, he meticulously documented every transaction, preserving all receipts, including toll gate receipts. This practice ensured that he was always prepared to provide an account of the church’s financial activities.
He emphasized that this level of openness in financial matters is crucial for the success and longevity of ministries. In meetings, he explained, everyone is furnished with hardcopies of the relevant accounts, fostering a culture of transparency and accountability.
Bishop Oyedepo’s words serve as a powerful reminder of the responsibility that comes with leading a ministry and the importance of managing its resources with integrity and diligence.