This is the inaugural vision that led to the founding of the Living Faith Church World Wide (LFCWW), first called Liberation Faith Hour Ministries, in 1981. According to him, he received a mandate from God through an 18-hour vision in May 1981, to liberate the world from all oppressions of the devil through the preaching of the word of faith.

Oyedepo claims to have become ' born again' in 1969, through the influence of his teacher Betty Lasher (18 June 1930 – 26 August 2022), who took an interest in him during his high school days. Oyedepo worked briefly with the Federal Ministry of Housing, in Ilorin before resigning to concentrate on missionary work. He also received a PhD in Human Development from Honolulu University, Hawaii, US. Oyedepo studied architecture at the Kwara State Polytechnic Ilorin. She also taught him the importance of tithing. He was raised by his grandmother in Osogbo, who introduced him to the virtues of Christian life via early morning prayers which she attended with him. His mother, Dorcas, was a member of the Holy Order of the Cherubim and Seraphim Movement Church (C&S), a branch of the Aladura movement in Nigeria. His father, Ibrahim, was a Muslim healer. He was raised in a mixed religious family. On 27 September 1954, David Olaniyi Oyedepo was born in Osogbo, Nigeria, but is a native of Omu-Aran, Irepodun Local Government Area of Kwara State.

He is the Chancellor of Covenant University and Landmark University, and was named in 2011 by Forbes magazine as being the richest pastor in Nigeria. Oyedepo has been regarded as one of the pioneers of the Christian charismatic movement in Africa, and has been referred to as one of the most influential preachers to originate out from Nigeria. The Winners' Chapel International network of churches is located in over 300 cities, in all states of Nigeria and several cities across forty-five African nations, in Dubai, the United Kingdom and Europe, in Asia, and in the United States and Canada. The church is also known as Winners' Chapel International.

David Olaniyi Oyedepo (born 27 September 1954) is a Nigerian preacher, the founder of the Living Faith Church Worldwide, and presiding Bishop of the Faith Tabernacle in Ota, Ogun State, Nigeria.

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