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‘I Spend Nothing Less Than ₦551m Every Month’ — Pastor Tobi Adegboyega Reveals What Eats Up His Money

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Popular UK-based Nigerian pastor and SPAC Nation leader, Pastor Tobi Adegboyega, has revealed that he spends at least £300,000 every day on bills and other financial commitments.

Adegboyega made the disclosure during a livestream with streamer Davrel, who asked about his estimated daily and monthly spending.

The pastor said his daily expenses include 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 also responded to claims that SPAC Nation operates like a cult.

He said the label was linked to the unity and financial success of the church’s young members.

“People will say we are a cult because we are so unified. If you see all my young men, they also drive the kind of cars I drive. You know, in most churches, normally, a pastor will be rich while many people will be poor. So they say we are a cult because they have not seen such a thing before. They are used to one rich man while the people are poor. I forgive people who call us a cult and all that because they are confused. So I don’t get angry anymore. I am grateful.”

His comments come amid continued public interest in his lifestyle, financial commitments and SPAC Nation’s activities.

Adegboyega remains a prominent figure in the Nigerian and wider African community in the UK, particularly through his work with young people.

His remarks have also raised discussions about wealth sharing within religious organisations and the financial expectations placed on church leaders and members.

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