Bishop David Oyedepo is on the move again.

The Shepard in-charge of Living Faith World Outreach,popularly known as Winners Chapel and chancellor of Convenant University,Ota Ogun State has acquired another property belonging to the Rev.Ohiku led Watchman Ministry for N200 million.

Information available to us revealed that the architect turned preacher of the word acquired the popular structures housing the headquarters of the Watchman Ministry along with its Bible School.

The structure which sits on four acres of land along Lagos/Abeokuta Express Road accommodates a cathedral,Bible school,library,shops and a host of others.

Insiders claimed that the change of ownership took place a couple of months back when the Watchman Ministry decided to relocate to their newly acquired camp ground at Ijako,Ogun State.” Bishop was informed of the juicy deal and he decided to buy into it.

We scooped that he shelled out about N200 million to acquired everything.

According to our source,Bishop quickly renovated a part of the property and converted part of it to his nursery and primary school,called Kinddom Heritage.Meanwhile,the church cathedral is still undergoing renovation.

We gathered that the renovation of the structure gulped about N50 million along with the newly acquired equipment for the school and church.

It would be recalled that months back,Bishop Oyedepo acquired 8,000 hectares of land in Ota,Ogun State.The N500 million land is meant for the construction of 15,000 residential houses worth N250 billion.

Also,the wealthy clergy added another jet to his hanger on Saturday,March 26,2011,for a whooping $30 million.

The private jet,a Gulfstream was declared to the over 100,000 worshippers who thronged Canaaland on Sunday,March 27,2011 by the Bishop himself.