Connect with us

Politics

Why I don’t flaunt my wealth — Peter Obi

Published

on

Spread the love

Featuring on Trust TV 30 minutes programme with Mannir Dan-Ali, the presidential candidate of the Labour Party (LP), Mr Peter Obi, responded to questions on wide range of issues including his source of wealth.

Apparently, it is that quality of yours of being simple that may have endeared you to a lot of young Nigerians. Are you surprised by the kind of reception you’ve had since you declared and became the presidential candidate of the Labour Party? 

Yes, I am quite surprised about one, the loyalty especially their sacrifice which I am pleading with them to carry to the end. All I will assure them is that that sacrifice will not be in vain. I will remember them, I will work; I will ensure that I serve them faithfully because that sacrifice cannot be in vain, God will not allow it to be in vain. I am committed to it. I am committed to building a better Nigeria for the young ones where they will be proud to say I am a Nigerian.

What about your own record, you didn’t just come out of the blues,  you were a governor, a businessman. Indeed your name featured in one of the controversial papers about people who have become rich and are hiding their monies in tax havens. Does all this justify the kind of adoration you have been having?

I am a very successful businessman. I have been a trader and I was successful. I have served in corporations, several boards and I can name them. I have also been a governor. In all these, I have operated as transparent and as efficiently as possible and I can explain and answer for whatever I am mentioned in.

Maduka College Advert

So, while you were doing all these businesses you said you were based in Nigeria?

No, I was based in the UK. It was from the UK that I came to become governor of Anambra State. So when I was declared Governor of Anambra State, naturally I have assets, I have investments in the UK, what I needed to do was to put those assets and investments into a trust because the law says to me, you are no longer allowed by law to operate an account, you are no longer allowed to be employed to do any other job, to be employed by another company, so all these ceased. But the law didn’t say you can’t own what you own before.

 Including those in the UK?

Yes, because by declaring the company that owns them here, it is like I declared that I am Mr Obi, so Mr Obi now has a branch, I don’t need to declare that branch because it is part of Mr Obi, so I declared the company in Nigeria that owned those assets, declared everything.

Eventually after, this was about 2006, in 2021 of course there was the issue where my name was mentioned and I have said it consistently, go and check the investment there, if you see any investment from the time I became governor till date even till now, then hold me responsible.

But you know there is a suggestion that these are vehicles to hide and not to pay tax….

No, you cannot hide anything because they are investments that are there. The tax I am going to pay is in the jurisdiction where it is held.

There are very little taxes paid even though you are earning the money from Nigeria and other jurisdictions….

No, I am not earning any money from Nigeria, there is no investment in Nigeria, the investment is there, the taxes are paid there. So Nigeria is not involved in any way in it.

So all the businesses you’ve been doing, they don’t come to Nigeria from the beginning?

No, not from beginning, the ones that come from Nigeria you pay tax in Nigeria. If I am doing business in the UK, I pay tax in the UK that is what the law says; you pay tax based on where you earn the income.

Is it just that you were trying to make the public not to understand that you are this rich, you are putting them in this company? 

No, I am not making the public not to know that I am rich. I own shares in companies here in Nigeria, I don’t have to flaunt it around, those companies pay me dividends and they give me my own money. So, if somebody comes tomorrow and says he owns this, it doesn’t matter but at the end of the day I don’t need to show them, I don’t need to wear them around, that’s it. So those things are very clear. I passed through corporations, go and check my records, as a businessman. I borrowed monies from banks, I do my business, I don’t owe any bank. I have never defaulted, I have been in corporations where I became even bank chairman, none of them will say I mismanaged one naira. I have been chairman of corporations including SEC, it is here in Abuja.

I have been governor and as governor I left $150 million and over N30 billion the day I left office.

But there is a dispute over that. Your successor said something else, not exactly what you are claiming?

No, there is no dispute over it. My successor has even confirmed it.

So, from what you have said earlier, it is like you are a successful businessman probably a billionaire but you lead a frugal life which is why many people think you are just an ordinary man?

I don’t know what is the worth. I have never claimed to be a poor man; I have never said it anywhere. I have always said I’m a comfortable man anywhere on the surface of the globe because it is said that if you have $1 million you are a millionaire, so I have that, so I am a millionaire anywhere in the world and I have never claimed to be an ordinary person.

As a frugal person, do you see the campaign as dissipating so much resources, so much money? 

Yes, it can be curtailed but what I am pleading with people is to please, for the sake of the future of this country, future of our children, future of the society that our children will live in, let’s not allow this election to be transactional as it used to be; let’s not allow it to be based on ethnicity, religion or my turn and everything else as it used to be because it is an existential election for Nigeria, Nigeria is in a bad shape, we need to fix it.

But you are no different from the other politicians who jump parties. You were a governor in APGA, moved to PDP and then now when it didn’t seem as if you could get the ticket of the party, you moved to the Labour Party….

Well, I am different. The difference is that when I see things not going the way I think they should, I move on. I would rather do the right thing and lose than do the wrong thing and win, that is why I am different.

So you are a fighter; you don’t give up easily?

I’m the first person to seek constitutional interpretation for tenure of governor and I have been doing that and I am doing it because I want us to have a country where there is rule of law and when I served, I served by the rule of law, I stayed within the constitution. I served them faithfully and I finished.

But in all of these, why is that there is so much infrastructural deficit in that state? The human capital development is still far from satisfactory….

You don’t even know Anambra State. I won prize for having the best road infrastructure from the Federal Ministry of Works.

And why is the current governor complaining about the situation of the state if all those wonderful things have been done?

Let me give you an example of what it is, it is a very simple thing. I lived in the UK, in my street in the UK, the roads are maintained every five years. When we signed contracts in Anambra State, we even put the number of years the roads will stay. So, if the road is without, what you can call a stone base, it is a minimum of five years, with stone base seven years. So no matter how you do the roads, if you don’t maintain it, it will wash away, it is simple.

How can you translate all those to the present given the situation that Nigeria is and given all the uproar about how bad things are currently in the country?

It Is leadership. If you have a leadership that has character, that is competent, that has capacity, that has commitment, that leadership should be able to identify the problems, articulate with their team on what to do to solve them and start solving them.

There is a trust deficit because people have seen politicians promise heaven on earth and deliver hell.

It is a simple thing, the way they should do it, but Peter Obi is saying this, let’s go to Anambra State, not in Abuja and ask the ordinary person in Anambra State about Peter Obi.

The present government Is being scored high on infrastructure, so what would be different with you?

I don’t want to go into what they score, this present government.

But it is the government you are trying to inherit; you are trying to show you are better than them….

Nigeria today qualifies as a failed state because they meet the two ingredients of a failed state. First is that Nigeria is not in control of its territory.  But as a governor you have never been in charge of troops and security services.

There is banditry everywhere, there is criminality everywhere. Two, they are no longer in charge of our economy. You and I don’t even know what dollar will be tomorrow, it could be N700, it could be N800, it could be N900.

But what will you do differently? 

What I will do differently is that, Nigeria is not lacking of ideas and everything to do; what is lacking is that the institution is weak. The institutions used to implement is weak

What we are going to do, I and Datti Baba Ahmed, is to ensure that we will bring a government that is governed within the confines of what is needed, including character and competence. One, we will secure and unite Nigeria.

But how can you do all of these when in many constituencies, you don’t even have candidates for National Assembly?

Don’t worry about that. I governed Anambra State with 30 members of the house, none from my party, so don’t worry about that. I’ve told you, we will secure and unite Nigeria. We will show purposeful leadership.

Which magic wand are you going to wave to make it happen? 

The structure they are talking about is the structure of criminality, it is the structure that has kept Nigeria where it is today, it is the structure that has produced the highest number of poor people living in a country, it is the structure that has produced the highest number of out of school children, it is the structure that has produced the highest youth unemployment, it is the structure that has produced not just pass India in infant mortality, I can go on and on and tell you. (Daily Trust)

Politics

Mike Igini: Politicians Infiltrate Agencies Responsible for Election Personnel as Electoral Laws Go Unenforced

Published

on

Former INEC Commissioner, Mike Igini
Spread the love

Former Independent National Electoral Commission (INEC) commissioner Mike Igini has warned that politicians are infiltrating agencies responsible for supplying election staff, raising concerns about the commission’s ability to conduct credible elections in 2027.

Speaking during an interview with ARISE NEWS on Tuesday, Igini said political interference in the recruitment process could expose INEC to problems caused by other institutions, while the failure to enforce electoral laws remained his greatest concern ahead of the next general election.

“What happened is that politicians infiltrate those agencies. They infiltrate those agencies and create liability for the INEC itself as an institution. The laws are no longer enforced. That is my greatest worry about this election.”

Igini spoke about the recruitment of ad hoc staff, the use of technology. “The most important staff that Nigeria should focus on will be the presiding officers.”

He said the presiding officers play a central role at polling units, where votes are cast and recorded. “At the polling unit, the presiding officer, at the ward, war collection officer, Nigeria can go to section 25 to see.”

Maduka College Advert

Igini said INEC must pay close attention to the integrity of the people deployed to manage elections. “The state has failed to protect the vote of Nigerian people. How can you pay 26.7 billion? Yet those people cannot be held accountable?”

He also warned that Nigeria’s electoral challenges reflected wider problems with leadership and the rule of law. “The crisis of Nigeria is a leadership recruitment process.”

He said the country could not resolve its economic problems without addressing its political system, If we cannot fix the politics, we cannot fix our economy.”

Igini also expressed concern that the rule of law was giving way to the influence of individuals.

“And that today, where we are supposed to be under the rule of law, we are now under the rule of men.”

He said openness was necessary to build public confidence in the electoral process. He rejected secrecy as a response to calls for transparency.

“The call for openness and transparency can never be answered by secrecy.”

Igini also challenged the argument that political parties and candidates could not publish their own election results. “The argument that candidate political party cannot publicise their result is wholly incorrect.”

He said the polling unit remained central to the electoral process and stressed the importance of protecting the results recorded there.

“And so, at the heart of this election is the polling unit. That’s the key.”

He also warned that weaknesses in the process could allow people to announce results without proper authority. “So somebody can come and impersonate tomorrow and just announce electoral results. This story happened in 2023. We’ve not sorted it out till date.”

Igini said technology was important to the conduct of elections and warned that organisations that failed to adapt risked falling behind. “Any organisation that failed to embrace the benefit of technology will be overtaken by the chaos or decay and decline.”

He also raised concerns about attempts to intimidate journalists and citizens reporting on electoral matters, saying such actions violated their rights. “The attempt to intimidate media, houses, intimidate Niger citizens, that they cannot report, is a violation of section 39.”

Igini said the polling unit remained the key point at which voters’ choices must be protected.

“The power of the people at the polling unit is awesome.”

He also warned that public officials must be held accountable for their actions. “What I said that we need to build more prisons because many of the characters you see today in public offices, they are simply candidates for prison.”

Igini said Nigeria must protect elections as a means of ensuring the peaceful transfer of power. “We have to be very careful, because the greatest promise of democracy is periodic election for peaceful transfer of power.” (AriseNews)

Continue Reading

Politics

AA Assembly Candidate, Ugbaje Friday, Unveils Development Agenda for Ibaji

Published

on

Spread the love

…Promises to prioritise roads, agriculture, education, electricity and peace

IYANO, Kogi State — The African Action Alliance(AA) candidate for the Kogi State House of Assembly seat representing Ibaji Local Government Area, Ugbaje Friday, has unveiled a development agenda focusing on road infrastructure, agriculture, education, electricity and peaceful coexistence among communities.

Friday, who hails from Iyano Ward in Ibaji, said his proposed legislative agenda would address critical challenges confronting residents and promote economic growth and improved public services across the local government.

Roads, Flooding and Rural Connectivity

The AA candidate identified poor road infrastructure and recurrent flooding as major obstacles to transportation, trade, education, healthcare delivery and other economic activities in Ibaji.

He said he would advocate the construction and rehabilitation of roads designed to withstand flooding and improve connectivity among communities.

Maduka College Advert

According to him, better road networks would ease movement, improve access to essential services and enable farmers to transport their produce to markets more efficiently.

Agriculture and Economic Development

Highlighting agriculture as a major source of livelihood in Ibaji, Friday said he would pursue policies and legislative initiatives to strengthen the sector and support local farmers.

He noted that the area produces rice, yam and other agricultural commodities, adding that attention should also be given to processing, storage, transportation and market access to reduce post-harvest losses and improve farmers’ earnings.

He said a stronger agricultural value chain could create economic opportunities and support the growth of local enterprises.

Education and Electricity

Friday also pledged to make education a priority, promising to advocate improved school infrastructure and increased government investment in the education sector across Ibaji.

On electricity, he said he would seek government intervention to address persistent power supply challenges, noting that provision of electricity would benefit households, schools, healthcare facilities and small businesses.

He maintained that access to essential infrastructure and public services was critical to improving living standards and accelerating development in the area.

Peaceful Coexistence and Conflict Resolution

Addressing the issue of communal conflicts, the AA candidate said dialogue, reconciliation and cooperation would be central to his approach to promoting peace in Ibaji.

He pledged to work with traditional rulers, community leaders, youth groups, women’s organisations, security agencies and relevant government institutions to address the causes of disputes and encourage peaceful resolutions.

Friday stressed that sustainable development would be difficult to achieve without peace and cooperation among communities.

Constituency Projects and Legislative Priorities

The candidate said that, if elected, he would seek to facilitate constituency projects in critical sectors, including roads, education, healthcare, water supply, electricity and agriculture.

He also pledged to sponsor bills and support legislative measures aimed at addressing the needs of Ibaji residents and advancing their welfare.

He listed infrastructure development, agricultural support, education, electricity, community peace and effective constituency representation among the key areas of his proposed legislative agenda.

Calls for Credible Electoral Process

With the Kogi State local government council elections scheduled for October 17, 2026, Friday called on the Kogi State Independent Electoral Commission to ensure a transparent, credible and lawful electoral process.

He urged the electoral body to adhere to established procedures, ensure proper counting of votes and protect the integrity of the election.

The AA candidate also appealed to residents of Ibaji to support his candidacy and participate actively in the democratic process as he seeks to represent the local government in the Kogi State House of Assembly.

He said his campaign would remain focused on the interests of the people, peaceful coexistence and sustainable development.

For enquiries and further engagement:

* Email: morphyhillary@gmail.com
* Phone: 08038275895

Ugbaje Friday is the African Action Congress candidate seeking election to represent Ibaji Local Government Area in the Kogi State House of Assembly.

Continue Reading

Politics

Obi’s Media Office Accuses Shettima of Double Standards Over Atiku, Obi

Published

on

Peter Obi
Spread the love

The Peter Obi Media Office has accused Vice-President Kashim Shettima of applying double standards in his treatment of opposition leaders, questioning why he would demand respect for former Vice-President Atiku Abubakar while reportedly describing Peter Obi as “diminished”.

In a statement issued on Sunday, October 18, 2026, the spokesman of the Peter Obi Media Office, Idris Zekeri Jnr., criticised Shettima’s reported remarks, describing them as contrary to the principles of political decency and mutual respect.

The office said the apparent contrast between Shettima’s call for respect for Atiku and his alleged disparagement of Obi raised questions about consistency, political tolerance and the treatment of opposition figures in Nigeria’s political space.

Zekeri argued that although Shettima had the right to disagree with Obi politically, such differences should not prevent him from extending the same courtesy he demanded for Atiku to other opposition leaders.

“Although Shettima has the right to oppose Obi, it is difficult to understand why he would demand respect for one opposition leader while casually dismissing another,” the statement said.

Maduka College Advert

The media office questioned what it described as selective respect, insisting that political disagreements should not determine which opposition figures deserve dignified treatment.

According to the statement, the issue was not whether Shettima supported Atiku or opposed Obi, but whether the principle of respecting political opponents should apply equally, regardless of their regional backgrounds, political affiliations or electoral ambitions.

The office also maintained that Obi had conducted his political engagements with decorum, focusing on governance and public policy rather than personal attacks against political opponents.

It challenged Shettima to compare their respective records as former governors of Borno and Anambra states, claiming that Obi’s performance in key areas of governance surpassed that of the Vice-President.

The statement highlighted Obi’s record in fiscal discipline and investments in education and healthcare during his tenure as governor of Anambra State, arguing that his achievements should be assessed on the basis of verifiable facts.

It urged Shettima to provide evidence to counter Obi’s record if he disagreed with the former Anambra governor’s achievements, rather than resorting to personal descriptions.

“If Shettima contests any aspect of Obi’s record, he should present the facts rather than resort to political name-calling,” the statement added.

The media office further called on political leaders from the South-East, particularly members of the All Progressives Congress (APC), to reflect on the implications of the Vice-President’s reported comments.

It criticised South-East political figures who had allegedly shown disrespect towards Obi, arguing that political loyalty should not come at the expense of defending the dignity of fellow Nigerians.

The office insisted that no political affiliation should justify a situation in which respect was demanded for one opposition leader but withheld from another.

“Nigeria needs a contest based on records and ideas, not selective respect and political denigration,” the statement said.

It added that the Nigerian electorate, rather than political rhetoric or dismissive remarks by public office holders, would ultimately determine Obi’s political relevance.

Continue Reading

Trending

Maduka College Advert