
Politics
Why I don’t flaunt my wealth — Peter Obi
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.

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
2027: APC Chairman Yilwatda Charges North-Central Governors, Guber Candidates to Unite for Tinubu’s Re-election
The National Chairman of the All Progressives Congress (APC), Prof. Nentawe Goshwe Yilwatda, has charged APC governors, governorship candidates and party leaders across the North-Central region to unite political stakeholders and mobilise massive support for President Bola Tinubu ahead of the 2027 presidential election.
Yilwatda gave the charge at the APC presidential campaign rally held at Azaria Road Stadium, Jos, Plateau State, where President Tinubu’s campaign train received an enthusiastic reception from party leaders, supporters and residents.
In a statement issued on Saturday by his Special Adviser on Media and Information Strategy, Abimbola Tooki, the APC chairman expressed satisfaction with the large turnout and what he described as renewed unity among party leaders and supporters in Plateau State.
He described the rally as evidence of the party’s growing cohesion and commitment to securing Tinubu’s re-election, urging residents to translate the enthusiasm demonstrated at the event into votes.
Yilwatda insisted that Plateau State must deliver a record-breaking electoral victory for the President, declaring that political leaders in the state were now fully united behind Tinubu.

He also described the President as a promise keeper who had fulfilled his commitments to Plateau State, arguing that the administration’s performance provided a strong basis for renewed public support.
A major highlight of the rally was the presentation of APC flags to the party’s governorship candidates across the North-Central states, a symbolic exercise aimed at strengthening party unity and consolidating its political structures ahead of the 2027 elections.
Addressing the party’s leadership across the region, Yilwatda specifically urged governors, governorship candidates and other stakeholders to put aside personal interests, reconcile differences and work towards a common political objective.
In Plateau State, he called on party leaders to sustain the unity already achieved and intensify mobilisation for Tinubu and other APC candidates.
He also charged the Benue State Governor and party leaders to harmonise competing interests, unite political stakeholders and mobilise voters for the party’s victory.
For Niger State, the APC chairman expressed confidence that the party’s leadership would use the flag presentation as a rallying point to strengthen unity and secure victory for Tinubu and other candidates.
Similarly, while presenting the party’s flag to its governorship candidate in Nasarawa State, Yilwatda urged him and other party leaders to provide purposeful leadership, unite stakeholders and mobilise support for the President.
He said the party must also work towards greater prosperity, peace and development in the state.
The APC chairman maintained that the North-Central region must approach the forthcoming elections with a common purpose, stressing that political differences and individual ambitions should not undermine the party’s collective interest.
He further directed party structures, elected officials, candidates and grassroots mobilisers to intensify engagements with voters and ensure that the enthusiasm recorded at the Jos rally translates into electoral support across the region.
“Our strength lies in our unity, our strategy is effective mobilisation, and our destination is victory. I therefore charge all our governors, governorship candidates and party leaders across the North-Central to unite every stakeholder in their respective states and work together to deliver maximum votes for President Bola Ahmed Tinubu.
“The Jos rally has demonstrated what we can achieve when we stand together. We must sustain this momentum, take our message to every community and ensure that our commitment to the President is reflected in our votes,” he said.
Yilwatda assured APC members and supporters that the party would sustain its mobilisation drive, strengthen its political structures and work collectively towards what he described as a decisive victory for Tinubu and all APC candidates in the 2027 general elections.
The statement was signed by Abimbola Tooki, Special Adviser to the APC National Chairman on Media and Information Strategy, and dated November 14, 2026.
Politics
2027: No Candidate Can Defeat Tinubu, Says Ikedife
• APC chieftain says Igbo presidency ambition must wait, urges South-East to support President’s re-election
The All Progressives Congress (APC) South-East Organising Secretary and member of President Bola Ahmed Tinubu’s Re-election Campaign Council, Dozie Ikedife Jnr, has declared that no candidate can defeat Tinubu in the 2027 presidential election.
Ikedife also said the South-East’s ambition to produce a Nigerian president must be put on hold, insisting that an Igbo presidency is not politically achievable in 2027.
He made the remarks during an interview at his residence in Nnewi, Anambra State, at the weekend, where he argued that Tinubu had performed sufficiently well to deserve a second term in office.
According to him, the South-East must prioritise political realities and strategic negotiations over emotional considerations in pursuing its presidential ambition.
Quoting Imo State Governor, Hope Uzodimma, Ikedife urged Ndigbo to distinguish between what they desire and what is politically achievable.

“We desire an Igbo man to be president, but what is realisable today is for Tinubu to go and do his second tenure in office to lead Nigeria from his reforms to the era of prosperity,” he said.
He described it as unrealistic to assume that any presidential candidate could defeat Tinubu in 2027, given what he considered the President’s achievements in office.
“An Igbo man has a serious chance of becoming president, but I don’t see it being achievable in 2027. I respect the fact that an Igbo man is in the race, but we have to find ways to engineer our political movement so that we are not seen as being antagonistic or merely playing to the gallery,” he added.
Ikedife maintained that supporting Tinubu’s re-election would give the South-East a stronger bargaining position in national politics and improve its chances of securing support for an Igbo presidency in the future.
He argued that, under the country’s zoning arrangement, the presidency would return to the North after Tinubu’s second term, providing the South-East an opportunity to negotiate for its turn subsequently.
“Twelve years is not too long a time. With the support the South-East has given Bola Tinubu, we should be able to come to the table and negotiate support for an Igbo man to become president,” he said.
The APC chieftain regretted what he described as the South-East’s failure to engage in strategic political negotiations in the past, particularly during the administration of former President Goodluck Jonathan.
He recalled that some Igbo political leaders had supported Jonathan partly because of his name, Ebele, and his perceived connections with the South-East, without securing a structured political agreement that could advance the region’s presidential ambition.
He said the region must learn from the experience by developing a deliberate political strategy capable of attracting support from other geopolitical zones.
On the economy, Ikedife dismissed criticisms of Tinubu’s administration over the rising cost of living, arguing that economic challenges were part of a wider global situation and not peculiar to Nigeria.
He defended the removal of fuel subsidy, saying the policy had increased allocations to state governments and enabled several of them to embark on infrastructure projects, clear outstanding salary and pension arrears and improve workers’ welfare.
According to him, states that previously struggled to meet their salary obligations were now better positioned to pay workers, while increased federal allocations had also supported transportation interventions and other welfare programmes.
He also cited the new national minimum wage of N70,000, noting that some states, including Imo and Ebonyi, had gone beyond the national benchmark.
Ikedife maintained that Tinubu’s economic reforms were beginning to yield results and appealed to Nigerians to exercise patience as the country moved towards what he described as an era of prosperity.
The APC chieftain further predicted that Tinubu’s victory in 2027 would be easier than his 2023 electoral outing.
He recalled the cash scarcity that preceded the 2023 general election, when many Nigerians reportedly struggled to access their money despite having funds in their bank accounts.
He argued that the political atmosphere was now more favourable to the President, particularly with the reported backing of several state governors, including some elected on opposition party platforms.
“There must be something our political leaders know about President Tinubu that many people don’t know. Even opposition state governors are coordinating his re-election bid,” he said.
Ikedife also listed the administration’s interventions in education, road infrastructure and electricity sector reforms among the reasons Tinubu deserved another term.
He particularly highlighted the constitutional changes that moved electricity generation and distribution from the Exclusive Legislative List to the Concurrent Legislative List, allowing states to establish and regulate their own electricity markets.
Commenting on Anambra State Governor Charles Soludo’s decision to coordinate Tinubu’s re-election campaign in the state, Ikedife described the move as an expression of political sagacity.
He said Soludo had correctly advised the people of Anambra to move away from what he described as emotional politics and embrace a political approach driven by their interests.
According to him, Tinubu secured only about 5,000 votes in Anambra State during the 2023 presidential election but still emerged victorious nationally, making it necessary for the state to reconsider its political strategy ahead of 2027.
“With or without our 5,000 votes, he is going to be elected President of Nigeria again. What Soludo is saying is that for us to be part and parcel of national politics, to sit at the table and make demands for the dividends of democracy accruing to us as citizens of Anambra State and Nigeria, we must remove emotional politics,” he said.
Ikedife urged Anambra residents to support Soludo’s position, arguing that aligning with the ruling political establishment would give the South-East a stronger voice in national affairs.
He added that Soludo’s declaration that progressives were working together in Anambra reflected the political direction the state should pursue ahead of the 2027 general election.
Politics
Obi Defies Lagos Attack, Vows To Campaign Across Every Part Of State As Reps, Police Launch Probe
• The NDC presidential candidate condemns political violence, pledges to make Lagos a major driver of Nigeria’s economy, while the House of Representatives sets up a three-week committee to investigate attacks on political gatherings ahead of the 2027 elections.
The presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has vowed that the party will campaign across every part of Lagos State despite an attack on its supporters during a town hall meeting in Oregun, Ikeja.
Obi gave the assurance on Thursday while addressing party supporters at the gathering, which was disrupted by suspected political thugs who reportedly stormed the venue with dangerous weapons, injured participants and damaged vehicles.
The attack occurred at Classique Event Place, along Kudirat Abiola Way, Oregun, as party members were preparing for the arrival of Obi and his running mate, Rabiu Kwankwaso.
According to accounts from party members, the attackers, allegedly armed with cutlasses, cudgels and stones, invaded the venue around 11am, triggering panic and forcing several participants to flee for safety.
Some vehicles were reportedly vandalised, while at least four people were said to have sustained injuries, although the circumstances surrounding the incident remain under investigation.

Despite the disruption, Obi proceeded with the town hall engagement alongside Kwankwaso, his wife and the party’s Lagos governorship candidate, Funso Doherty.
Condemning the incident, the former Anambra State governor commended NDC supporters for their conduct and insisted that intimidation and violence would not prevent the party from reaching voters across Lagos.
“Today is not a campaign. We will campaign in every part of Lagos State. Our town hall meeting is an opportunity for us to listen to the people. We want to serve the people, and we must listen to them. That will give us the idea of what they want,” Obi said.
He assured supporters that their commitment to the party’s political movement would not be wasted, urging them to remain focused on building what he described as a new Nigeria.
Obi: Lagos Must Become Nigeria’s Economic Powerhouse
Speaking on his vision for Lagos, Obi described the state as central to Nigeria’s economic development but argued that it had yet to achieve the level of transformation witnessed in major global cities such as Shanghai and London.
“Lagos is important to us. Lagos is the mainstream of our economy, but today Lagos is not doing what Shanghai did to China or London did to the UK. We want Lagos to power Nigeria, and to power Nigeria, we want someone like Funso Doherty,” he said.
He urged Lagos residents to support Doherty’s governorship ambition in the 2027 elections.
On national security, Obi recalled his visit to Yelwata, where he said he witnessed the devastating consequences of violent attacks on communities.
He promised that an NDC-led government would prioritise the protection of lives and property, declaring that Nigerians should be able to travel freely without fear of kidnapping or attacks.
He also pledged to tackle corruption, improve electricity generation and distribution, make basic education compulsory and free, and establish functional primary healthcare centres in every ward across the country.
Obi said his administration would work towards generating, transmitting and distributing at least 10,000 megawatts of electricity within two to three years.
He also criticised President Bola Tinubu’s leadership, arguing that the presidency required consistent energy, commitment and availability.
Police Confirm Attack, Two Men Hospitalised
Meanwhile, the Lagos State Police Command has confirmed the incident and announced the commencement of an investigation.
The Police Public Relations Officer, Abimbola Adebisi, said two men identified as Akinyemi Akeem and Ibrahim Babsule sustained serious injuries and were taken to the Emergency Centre, Toll Gate, for medical attention.
According to the police, preliminary information suggested that the injured men were allegedly among those involved in the attack, adding that their individual roles were being investigated.
The command said officers responded to a distress call, restored normalcy to the area and commenced investigations to establish what happened and bring anyone found culpable to justice.
The NDC, however, alleged that about 200 suspected political thugs invaded the venue, accusing security operatives, including police and Department of State Services personnel, of failing to intervene promptly.
The party’s Lagos Publicity Secretary, Olushile Akinyemi, claimed that some of the security personnel watched as the attackers unleashed violence on party members.
The party also said one of the suspected attackers was apprehended and handed over to the police.
NDC Accuses APC, Ruling Party Denies Involvement
The incident has triggered accusations and counter-accusations between the NDC and the ruling All Progressives Congress (APC).
The NDC’s National Director of Publicity, Osai Director, accused the APC of masterminding attacks against its members in Lagos and Delta states, describing the incidents as attempts to undermine democracy.
However, the Lagos APC rejected the allegation, describing it as false and baseless.
The party’s Publicity Secretary, Seye Oladejo, said APC members and campaign officials were in Epe for the flag-off of their 2027 campaign activities when the incident occurred.
He challenged the NDC to provide credible evidence linking the APC to the attack and submit such evidence to security agencies.
The APC also condemned political violence and called on security agencies to strengthen intelligence gathering and prevent attacks on lawful political gatherings.
Similarly, the APC Presidential Campaign Council condemned attacks on political activities across the country and urged security agencies to arrest and prosecute those responsible.
House of Representatives Opens Investigation
In a related development, the House of Representatives has constituted an ad hoc committee to investigate reported cases of political violence, attacks on political gatherings and disruption of political activities across Nigeria ahead of the 2027 general elections.
The decision followed the adoption of a motion of urgent public importance sponsored by House Minority Leader, Fred Agbedi, and 16 other lawmakers on Thursday.
The committee, chaired by the House Leader, Prof. Julius Ihonvbere, has been given three weeks to investigate the immediate and remote causes of political violence and submit its findings.
Agbedi warned that the growing incidents of political intimidation, assault and destruction of property could threaten the peaceful conduct of the 2027 elections and undermine public confidence in Nigeria’s democratic process.
He cited several incidents across the country, including reported attacks in Enugu, Katsina, Nasarawa and Delta states.
The lawmaker also referenced Section 40 of the 1999 Constitution, which guarantees citizens the right to peaceful assembly and association, including the right to form and belong to political parties.
He urged the House to investigate the circumstances surrounding the incidents and examine the performance of public authorities responsible for enforcing relevant laws.
CDHR Demands 16-Year Ban For Beneficiaries Of Electoral Violence
Also reacting to the growing concerns, the Committee for the Defence of Human Rights (CDHR) has proposed that political candidates who benefit from electoral violence should be disqualified from contesting elections for up to 16 years.
The organisation’s National President, Debo Adeniran, said electoral contests should revolve around ideas, policies and programmes rather than intimidation, assault and destruction.
He urged political leaders to caution their supporters and called for investigations into reported attacks across the country.
Adeniran argued that individuals who organise or benefit from political violence should face appropriate sanctions, proposing amendments to electoral laws to make such disqualification possible.
Concerns Mount Ahead Of 2027 Elections
The latest attack comes amid growing concerns over political violence across the country as political activities gradually intensify ahead of the 2027 general elections.
The National Peace Committee recently reported 109 breaches of the National Peace Accord across 26 states and the Federal Capital Territory during a 10-week monitoring period between August 19 and October 27.
Political violence and thuggery accounted for 33 reported incidents, while misinformation and disinformation accounted for 29.
The committee identified Kaduna, Edo and Enugu as potential election flashpoints, citing recurring political violence, armed disruptions and other security concerns.
Other reported incidents include the attacks on political supporters in Katsina, the alleged attack on Peter Obi’s convoy in Calabar, and violence during a political procession in Asaba, Delta State, where one person was reportedly killed and five others injured.
The developments have renewed calls for security agencies to provide equal protection for all political parties and ensure that perpetrators of political violence are brought to justice, irrespective of their political affiliations.
With the 2027 elections approaching, Obi’s declaration that the NDC will campaign across every part of Lagos signals the party’s determination to continue its political activities despite the violence, while the ongoing police and legislative investigations will be closely watched.
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