Mike Okonkwo Lecture: Osinbajo cautions against ‘miracle money’ teachings, calls for return to hard work

Okonkwo
Bishop Mike Okonkwo warmly embraces former Vice President Yemi Osinbajo during the 24th Mike Okonkwo Annual Lecture in Lagos

By Gideon Maxwell

September 5, 2025

Former Vice President Prof. Yemi Osinbajo, SAN, has warned Nigerian preachers and Christians against promoting the idea of “miracle money,” describing it as a dangerous doctrine that undermines the principles of diligence, responsibility, and national development.

Speaking at the 24th Mike Okonkwo Annual Lecture held in Lagos, Osinbajo said that teachings which suggest that money can suddenly appear in people’s bank accounts through divine intervention weaken the moral fabric of society and discourage productivity.

He said the gospel should inspire believers to work hard, pursue excellence, and uphold integrity rather than depend on unearned wealth or instant miracles.

“When people are taught that money can just appear in their accounts, it erodes the value of labour and creativity. The Bible makes it clear that prosperity comes through diligence and honesty, not shortcuts,” Osinbajo said.

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The former Vice President described Bishop Mike Okonkwo, founder of The Redeemed Evangelical Mission (TREM), as a true leader of faith, courage, and integrity whose life has remained an example of consistency and godliness.

“I have known Bishop Okonkwo for many years, and I have always admired his forthrightness and his passion for national transformation,” Osinbajo added. “His ministry continues to shape lives and influence the moral conscience of our nation.”

The event, themed “The Nigeria of Our Dreams: Today’s Reality and a Responsible Pathfinder,” attracted prominent personalities, including Bishop Peace Okonkwo, Major General Ike Nwachukwu (Rtd), former Minister of Foreign Affairs; Dr. Kalu Idika Kalu, former Minister of Finance; Bishop Stephen Adegbite, Executive Secretary of the Nigerian Christian Pilgrims Commission; and Dr. Abel Damina, founder of Power City International, Uyo.

In his remarks, Bishop Okonkwo thanked Osinbajo and other dignitaries for their participation, emphasising that Nigeria’s progress depends on moral renewal and the collective effort of leaders and citizens alike.

The Mike Okonkwo Annual Lecture, which coincided with the cleric’s 80th birthday, has over the years provided a platform for national discourse on faith, leadership, and good governance in Nigeria.