Legendary Juju musician Sir Shina Peters has publicly rejected claims made by Pastor Matthew Ashimolowo, founder of Kingsway International Christian Centre (KICC), regarding his past financial decisions.
In a statement released on January 21, 2026, Peters described the cleric’s sermon as “false and derogatory” but said he would not pursue legal action.
The controversy started with a sermon titled The Pacesetters, delivered during the evening session of Day 9 at the COZA 12 Days of Glory (12DG) 2026 conference. Ashimolowo used Shina Peters and Zenith Bank founder Jim Ovia as examples of “delayed gratification.”
The pastor claimed that in 1990, both men had 20 million Naira. However, he said Ovia used his capital to start a bank, while Peters allegedly spent his on a luxury house that has since fallen into disrepair.
“The house that was built in 1990 cannot look beautiful today… One man is now fixing leaking roofs, broken toilets… and the other one, every country I go to in Africa, I see a branch,” Ashimolowo said during the sermon.
Sir Shina Peters, who is now an ordained bishop, responded on social media after the video caused backlash from other artists, including Daddy Showkey. Peters defended his personal success and legacy, calling the pastor’s claims inaccurate.
“I’m not one to judge people and their opinions of me, but as a man of God myself… I will not be taking legal actions nor will I speak ill against you, despite your false and derogatory statements.”
He added:
“God has really blessed me beyond words, you can’t even begin to imagine the blessings of God upon my life all these decades.”
Peters concluded by emphasizing that his focus remains on his legacy and fans. He highlighted that how leaders use their blessings to set examples is what truly matters in the body of Christ.
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