POLITICS
Busted: Peter Obi Actually Left More Debt For Anambra Than Any Governor Before Him! – Reno Omokri
Responding to the recent interview granted by presidential candidate of labor party Peter Obi, Reno write.
Peter Obi’s claim during a recent interview that he left $150 million and ₦36 billion in the coffers of Anambra State is dishonest, fallacious, misleading and typical Obi doublespeak.
The truth is that Peter Obi is a manipulator and economic terrorist who knew what he was doing when he made that inaccurate statement.
Please fact-check me: Peter Obi actually left a debt of ₦127 billion that was due IMMEDIATELY after his successor, Governor Willie Obiano, took office. This debt mainly consisted of unpaid monies owed to contractors engaged by the Peter Obi administration.
More of the debt came from approvals Peter Obi made as he was about to leave office. He deliberately timed these contract approvals to be due when he handed over to Mr. Obiano, so he could claim that he left money and Governor Obiano squandered it.
In his last days in office, Mr. Obi was accused by his successor of employing thousands of new staff for the Anambra State Government at the last minute, without making provision for their salaries. When Mr. Obiano took over, these workers’ wages became due.
If you take into account the value of the Naira in 2014, when Peter Obi handed over to Governor Willie Obiano, which was approximately ₦150 to $1, the ₦127 billion debt that Mr. Peter Obi left behind was worth around $847 million, far outstripping the so-called money he claimed to have left behind.
Also, the money Mr. Obi claimed to have left behind was not all in cash. Much of it was in supposed assets, which were overvalued by Mr. Peter Obi. When the new Obiano government surveyed the quantity, it found it to be grossly exaggerated, with some even being liabilities.
For example, Peter Obi invested $12,616,356.43 of Anambra State funds in Intafact Beverages Limited. He claimed that this was part of the assets he left behind. But in actual fact, that brewery became a loss-making business, and the shares held by the Anambra State Government depreciated to about $5.4 million.
Additionally, much of the actual cash Peter Obi left behind was in Fidelity Bank, where he was one of the largest shareholders and a former Chairman.
Peter Obi placed an amount equivalent to $20 million in a Fidelity Bank account with account number 5030047097. This money was earning interest for Fidelity Bank, interest that was partly going into his personal pocket. If I am lying, let Peter Obi sue me. I have all the facts.
Considering this, Peter Obi’s claim that he left money behind for the Anambra State Government is not only false but also almost criminal when you consider that from 1999 to 2023, Peter Obi was the ONLY Anambra State Governor under whom poverty increased.
Please fact-check me: All the other Governors before him and the Governor immediately after him reduced poverty. But Peter Obi increased poverty in Anambra from 41.4% to 53.7%, while purporting to leave money in a bank where he held significant shares.
It is believed that the reason Peter Obi did not build a single nursery, primary, or secondary school and university (which is partly responsible for why poverty increased under his watch) is because he wanted Anambra State Government funds to sit in Fidelity Bank, rather than to be used for poverty reduction.
KANO — Mustapha Rabiu Kwankwaso has been announced as the deputy governorship candidate of the Nigeria Democratic Congress (NDC) in Kano State ahead of the 2027 general elections.
Mustapha is the son of Rabiu Musa Kwankwaso, a leading figure in the party and former governor of Kano State.
The announcement comes amid ongoing political realignments within the NDC in Kano. The party recently unveiled Aminu Abdussalam Gwarzo as its governorship candidate for the state, following consultations among party stakeholders.
Political observers say the emergence of Mustapha Kwankwaso as running mate is expected to generate discussions within Kano’s political landscape, given his family ties to the influential Kwankwasiyya movement led by his father.
The NDC has continued to position itself as a major opposition force ahead of the 2027 elections, with the party’s leadership expressing confidence in its chances across key states, including Kano.
Party officials are expected to provide further details on the candidature and campaign strategy in the coming days.
Senator Victor Umeh, representing Anambra Central Senatorial District, has firmly stated that the Nigeria Democratic Congress (NDC) presidential candidate, Peter Obi, exerts no influence on party decisions or candidate selections.
Umeh made the clarification on Monday during an interview, while addressing speculations and allegations that he was involved in influencing positions within the party.
The NDC has come under heavy criticism following its recently concluded primary elections across the country. In response to claims linking Obi to the process, Umeh distanced the former Anambra governor from any involvement.
“Peter Obi has not been involved in influencing who becomes what in the NDC. He’s somebody whom you can hardly see drag into a process like this,” Senator Umeh said.
He added that in Obi’s local government area, residents are fully aware of developments and do not require directives from him on whom to support.
Umeh attributed his own decision to join the NDC to the party’s leadership under Senator Seriake Dickson. “It’s because he’s the chairman or the leader of that party that made us join the party, because I work with him in the Senate, and I know his character. I know he stands on national issues,” he explained.
The senator noted that the entry of Peter Obi and former Kano Governor Rabi’u Kwankwaso into the NDC triggered a surge of aspirants seeking various positions. He dismissed complaints of extortion during the primaries, saying those making the claims were attempting to manipulate the process and ultimately “had their fingers burnt.”
POLITICS
Even if they kidnap all of us, there’s no vacancy in Aso Rock, Edo state gov Okpebholo says
Governor Monday Okpebholo of Edo State has alleged that some persons are sponsoring insecurity to distract President Bola Tinubu.
Speaking during the flag-off of the All Progressives Congress (APC) Campaign for Local Government Council elections in Edo South Senatorial District, the governor said, “They can even kidnap all of us—yes, there is no vacancy in Aso Rock.”
He said insecurity had suddenly increased in the country, alleging that it is being orchestrated to tarnish the leadership of President Bola Tinubu.
Okpebholo said promoting insecurity would not guarantee the perpetrators seats in the Senate, House of Representatives, or the presidency, as there is no vacancy in Aso Rock.
“There is no vacancy in Aso Rock. What is happening today is the handiwork of the opposition.”
“They have failed. Have they not failed? Is it by kidnapping children? Then who are you going to govern? There will be nobody for you to govern. So let them give us peace so that we can rule well,” Okpebholo said.
The governor said the President had done more for the country than his predecessors.
He noted that the impact of removal of the fuel subsidy had been seen and felt in various projects dotting the state.
He commended those, who scaled through the party’s primary election to emerge as candidates for the forthcoming council elections.
He said their victories would signal the possibility of delivering the 2.5 million votes pledged to President Tinubu in the 2027 general elections.
Speaking also, the party’s chairman, Jarrett Tenebe, described the APC as the only viable party in the state.
He urged the candidates to take the message of the governor’s developmental strides to the nooks and crannies of the state, and to replicate it in their various local government areas.
Highpoint of the event was the official unveiling of the Edo South candidates of the party by the governor, including Ogbeide Ihama as – senate, Dr Paddy Iyamu -Oredo federal constituency, Omorede Igbinedion -and Ovia Federal constituency among others.
-
OPINION9 months ago10 seconds with Wike, reshaped my mindset on the difference between wants and needs – Udensi Bernard
-
NEWS10 months agoEFCC Detains Former Governor Tambuwal Over Alleged ₦189bn Fraud
-
NEWS10 months agoGov. Mbah Increases Corps Members’ Allowance to ₦20,000
-
NEWS9 months agoRep. Unyime Idem Unveils ₦1bn Family Business Grant for Constituents
-
POLITICS1 year agoDr. Okezie Ikpeazu: A Voice That Still Inspires – Enyinnaya Appolos
-
NEWS11 months agoAppeal Court Orders FRSC to Pay ₦10 Million in Landmark Human Rights Case
-
NEWS10 months agoIkonne to Otti: Fear God, Show Us 51 Schools for ₦54bn, Stop Forcing ₦36k Revenue on Aba Traders
-
NEWS11 months ago
Prince Paul Ikonne Applauds Governor Uzodinma’s Support for Aba State, Criticizes Governor Otti’s Stance