UK-based Nigerian pastor Tobi Adegboyega, founder of SPAC Nation, has claimed that his daily financial obligations run into hundreds of thousands of pounds, saying he spends at least £300,000 every day on bills and other commitments.
Adegboyega made the disclosure during a livestream with streamer Davrel, who asked the pastor to estimate his daily and monthly expenses. In response, he said his spending covers areas including food and financial support for African countries.
“To be honest, nothing less than £300,000. We spend £14,000 daily on food, and I have an obligation to give African countries £5,000 every day,” Adegboyega said.
The claim puts his stated daily expenditure at a level that would amount to more than £100 million a year if maintained every day. Adegboyega did not provide a detailed breakdown of the remaining amount or clarify whether the figure represents his personal spending, organisational expenditure or combined financial obligations.
During the livestream, the pastor also addressed criticism of SPAC Nation and allegations from some quarters that the organisation operates like a cult. He rejected the characterisation and said its unusual level of unity among young members had contributed to the perception.
Adegboyega argued that the financial success of some of the organisation’s young members also sets SPAC Nation apart from what he described as the traditional pattern of wealthy religious leaders surrounded by financially struggling followers.
“People will say we are a cult because we are so unified,” he said, adding that some critics were unfamiliar with seeing young members enjoying a lifestyle similar to that of their pastor.
He said he no longer becomes angry when people describe SPAC Nation as a cult, arguing that such criticism comes from people who do not understand the organisation. His comments have renewed public debate around religious leadership, wealth, financial accountability and the relationship between churches and their members.
Adegboyega has remained a prominent figure among Nigerian and African communities in the UK, particularly through his activities involving young people. His latest disclosure, however, is likely to attract further scrutiny because of the extraordinary scale of the spending he claimed and the questions it raises about the source, purpose and management of such funds.
