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Why Having House A House Or Land In Abuja Is Not Necessary For Me – Peter Obi

Labour Party (LP) 2023 presidential candidate, Peter Obi, has stated that owning a house or landed property in Abuja holds no importance to him.

The chieftain of the African Democratic Congress (ADC) made the remark during a coffee hangout with KayhikersClub in Abuja.

According to Peter Obi, his decision to avoid unnecessary headaches led him not to own property in Abuja.

He said, “I don’t have a house in Abuja, I don’t have a land and I’m not preparing to have because I don’t need it.

“The more you have all these things the more headache you put on your head, for years I have never been sick, why would I? Because it’s not necessary.

“I was the chairman of our regulatory body, Security and Exchange Commission, SEC; the day I was announced, I arrived and the DG showed me a jeep, a Prado and they told me how much allowance I have for accommodation and I told the DG, ‘I just want to come for meetings here, I don’t need anything from you, any day you fix meeting, tell me I would come. I don’t want your sitting allowance, your car, and your house.

“He said it’s my entitlement, but I said whatever I’m entitled to, God has given me.’

“You can go and ask whether when Peter Obi was the chairman, did he collect anything?

“I was Chairman of Fidelity Bank and they told me that I’m entitled to Mercedes 500 or Range Rover, the bank is still there, go and ask them if I collected anything. I told them that I’m the chairman and whatever I need in my house I have, unless you want to bring a headache to yourself.

“I have enough, I don’t need to do give away but what I need I have.”

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2027: Peter Obi Is The Only Life In ADC – Fayose Says

Former Ekiti State Governor, Ayodele Fayose, has said that former Labour Party presidential candidate, Peter Obi, is the only real source of vitality within the African Democratic Congress (ADC).

Fayose made this statement on Friday while fielding questions in an interview on ‘Politics Today’, a programme on Channels Television.

He also said that the Peoples Democratic Party, PDP, is technically no more, adding that it is dead.

The former governor equally said that Oyo State governor, Seyi Makinde, should not be dragged into the woes of the PDP.

He said: “Obi is the only life in ADC; all other people in ADC are semi-existent. If Obi had gone to remain in Labour Party or has gone to Accord Party, he is the only life there. All the other people there, they are not existing. They are old-forces.

“Openly, I supported Tinubu in 2023. I didn’t hide it. Till now I’m still there. I don’t jump. I have said it to you I’m not a member of APC and I will never be.”

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They Don’t Deserve This Embarrassment – Peter Obi Slams Non-Payment Of Super Eagles’ Allowances

Former Anambra State governor and 2023 Labour Party presidential candidate, Peter Obi, has condemned the ongoing non-payment of match allowances to Nigeria’s national football team, the Super Eagles, calling it a national embarrassment that damages the country’s reputation and demoralizes its players.

Obi made the remarks in a post on his official Facebook page, expressing concern that Nigeria continues to generate troubling narratives even at moments when citizens need unity and positive distractions.

According to him, the Super Eagles have been a major source of national pride, lifting the spirits of Nigerians at home and abroad through their recent performances, yet are now facing avoidable distractions due to the failure to pay their agreed match bonuses.

“At a time when Nigerians need joy and unity—something the Super Eagles have been providing by winning matches and lifting our spirits worldwide—these same players are being denied their basic match allowances,”
Obi wrote.

He questioned the country’s priorities, noting that while huge sums are written off in debts for government agencies and political allies and spent on what he described as grandiose, self-serving projects, authorities appear unable to meet basic obligations to national representatives.

He said the situation damages Nigeria’s international reputation and unfairly places additional pressure on the players ahead of a crucial quarter-final encounter, stressing that the failure to honour pre-tournament agreements is unacceptable.

“The Super Eagles do not deserve this embarrassment or the avoidable distractions ahead of a crucial quarter-final match. Nigeria must learn to fulfil its obligations,” Obi added.

 

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Politicians Jostling For Power While Nigerians Neck-Deep In Poverty – Peter Obi Laments

Former Labour Party presidential candidate Peter Obi has lamented that as politicians scramble for power, Nigerians continue to struggle in deepening poverty.

In a post on his verified X handle on Thursday, Obi said while other nations are lifting millions out of hardship, Nigeria is regressing.

Obi said the alarming statistic of roughly 62% of Nigerians representing 141 million people living in poverty, indicates that more than half of the nation’s population is living in dire conditions.

“As we politicians scramble for positions and vie for control of party structures, often sharing posts even before elections are conclude, a harsh truth confronts our nation.

“According to World Bank data, the number of Nigerians living in poverty surged from 81 million in 2019 to approximately 139 million in 2025. In just one year, from 2023 to 2024, the number of impoverished Nigerians jumped from 115 million to 129 million an increase of 14 million individuals.

“Projections for 2026 suggest that this figure will reach around 141 million, meaning an additional 26 million Nigerians will be thrust into poverty between 2023 and 2026.

“The Nigeria Economic Outlook 2026 report, titled “Turning Macroeconomic Stability into Sustainable Growth,” reinforces these grim projections. It is estimated that by 2026, an overwhelming 141 million people, 62% of the population will be living in poverty.

“Despite recent attempts at stabilization, the report underscores that weak real income growth and persistently high living costs will continue to exacerbate poverty.

“Most Nigerians will not experience income growth sufficient to counter escalating costs. Although headline inflation may moderate, sustained high prices stemming from energy, logistics, and exchange-rate fluctuations will remain a burden.

“Low-income households are especially at risk, as food constitutes up to 70% of their total spending, leaving them acutely vulnerable to food inflation and price shocks.

“This rising tide of poverty weakens purchasing power, diminishes demand, and places immense pressure on micro, small, and medium-sized enterprises reliant on local consumers. A sustained increase in poverty could unravel public finances, erode human capital, and impede economic recovery unless we see robust job creation, productivity growth, and effective social protection programs.

“Our trajectory starkly contrasts with nations like India and Indonesia. India successfully reduced extreme poverty from 35-40% in 2000 to an astonishing 5.3% today. Indonesia, too, has made significant strides, cutting poverty from around 30% in 2000 to roughly 8%, all through unwavering investments in education, health, and social protection.

“Meanwhile, Nigeria has witnessed a rise in poverty from about 40% in 2000 to a distressing 62% today.

“Can we continue to tolerate the reality that a child born in Nigeria today faces one of the highest risks of being born into poverty anywhere in the world? The fact that 141 million Nigerians are living in poverty is not merely a national failure; it is a blatant threat to our future. The time for complacency has passed. Structural reforms—macroeconomic stability, investment in agriculture, food supply, logistics, education, health, productivity, and large-scale job creation—are no longer optional; they are imperative,” he wrote.

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2027: How We Will Resist Rigging – Peter Obi Reveals

Former presidential candidate Peter Obi has vowed to lawfully and legitimately resist any attempts to rig the 2027 election.

Speaking in Enugu on Wednesday, Obi called for early verification of academic records of candidates to avoid pre-election disputes.

Obi spoke while formally announcing his defection to the opposition coalition backed African Democratic Congress, ADC.

He said: “We have all watched those who benefitted from our democracy now becoming accessories of our democracy either through coercion or gangsterism to the opposition.

“We can’t allow this to happen, we will resist it. We now see people celebrating electoral fraud publicly.

“And we are saying that those planning to rig elections in Nigeria come 2027, we will resist it by every means lawful and legitimate.”

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BREAKING: Peter Obi Officially Defects To ADC

Peter Obi, former Labour Party (LP) presidential candidate, has officially joined the coalition-backed African Democratic Congress (ADC).

The ex-Anambra governor announced the decision on Tuesday at an event held at the Nike Lake Resort, Enugu.

“We are ending this year with the hope that in 2026 we will begin a rescue journey,” Obi said.

“We will resist rigging of election by every lawful means in 2027.

“We still have a one-year window for everyone to go and verify the schools they attended.

“We do not want to return to court again only to be told it is a pre-election matter.

“The pre-election process should start now.”

David Mark, national chairman of the ADC, was among the attendees.

More to follow…

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2027: I’m Not Joining ADC – Peter Obi Says

Former Labour Party presidential candidate, Peter Obi, has clarified that he does not need to formally join the African Democratic Congress (ADC).

According to Obi, he has always been a member of the ADC and was part of the coalition from its inception.

He stated this while speaking during an X Space on Sunday night.

Obi also made it clear that he will always have respect for ex-vice president Atiku Abubakar.

“I am not joining ADC. I can’t re-join what I am already a part of,”
Obi said.

“I’ve been part of the coalition from day one.

“Nobody is stepping down for me in ADC.

“We have all agreed to work together and Atiku remains my respected leader.”

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2027: I Will Not Be Vice President To Anybody – Peter Obi Declares

Peter Obi, a former Labour Party presidential candidate, has officially confirmed his intention to contest again in the 2027 elections.

Obi revealed this while speaking during a X Spaces on Sunday night.

The ex-governor of Anambra State, however, insisted he will not be a running mate to anybody.

According to Obi, he has not garnered all the experience he has, only to end up as a vice-president.

“I am not travelling round the world to learn governance to be Vice president,”
Obi said.

““I know how to turn Nigeria around. I built my business from scratch and have more experience than any candidate, including the sitting President.

“Peter Obi will be on the ballot in 2027. I need your support. I need your prayers.”

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2027: Peter Obi Set To Officially Announce Defection To ADC

Former Labour Party presidential candidate Peter Obi is reportedly set to officially join the African Democratic Congress, following ongoing consultations ahead of the 2027 general elections.

A principal official of the party in Abuja told Sunday PUNCH that Obi had concluded plans to join the party and hold a declaration rally in Enugu, the political capital of the South-East, on December 31.

According to the official, Obi’s supporters and loyalists have begun arrangements for the defection.

The source disclosed that Obi, after the ADC asked him to make up his mind on joining the party about three weeks ago, met with the National Chairman of the party, David Mark, to renew his allegiance to the coalition.

He said the party’s position might have convinced the former Anambra State governor to finally decide to join the ADC.

On December 7, the ADC, while reacting to a statement credited to Obi in which he described the party as unstable, told the presidential hopeful to make up his mind on whether or not to join the coalition.

Speaking with Sunday PUNCH, the party source said, “We are aware that Peter Obi is making plans to declare for the ADC on December 31 in Enugu. Although he has yet to formally inform the party, the plans are genuine.”

Asked why Obi would prefer to declare for the coalition in Enugu instead of Anambra, his home state, the party official said, “Enugu is the political capital of the South-East. Obi is representing the region, not just his state. That must have informed his decision.”

But the ADC National Publicity Secretary, Bolaji Abdullahi, said he could not confirm Obi’s planned defection.

“The point is that there is no official announcement yet. But consultations are ongoing,”
he said.

Similarly, the National Coordinator of the Obidient Movement Worldwide, Dr Yunusa Tanko, declined to comment directly on the matter, insisting that only Obi could speak on it.

But the Julius Abure-led National Working Committee of the Labour Party has downplayed Obi’s planned defection.

The National Publicity Secretary of the LP, Obiora Ifoh, in an interview with Sunday PUNCH, said the party would refrain from making any definitive pronouncement on the matter until Obi personally speaks on it.

He said, “We cannot fully comment on that until we hear from Obi. As we normally say, anybody can defect from anywhere to anywhere. It is normal in Nigerian politics. Labour Party doesn’t see it as a big deal.”

According to Ifoh, any decision by Obi to leave the party would be driven by personal ambition rather than institutional failure, adding that the Labour Party would continue to thrive regardless.

While reiterating that the party harboured no ill feelings, the LP spokesman said it would have been preferable for Obi to remain within the fold and work through any disagreements internally.

He said, “But the wisest thing for him to do is to stay back and work with the party that gave him the spread he got in 2023. He should try to reconcile with the party leadership and move on from there. But if he prefers to jump from one party to another, we wish him all the best.” 

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What I Told Inmates During My Visit To Anambra Prison – Peter Obi

The Labour Party’s presidential candidate, Peter Obi, has revealed that he visited the Anambra Correctional Centre to motivate inmates to pursue education and acquire relevant skills for self-improvement.

Obi stated this after visiting the correctional facility in Amawbia on Friday.

According to the former Anambra governor, imprisonment does not mark the end of a purposeful life.

He encouraged the inmates to view their current circumstances as an opportunity for personal reform, renewal, and preparation to rejoin society as responsible citizens who could contribute meaningfully to national development.

He said, “History shows that confinement does not always mark the end of a meaningful life,” he said. “Nelson Mandela, jailed for 27 years, emerged to lead South Africa and inspire the world; Malcolm X transformed himself in prison into one of the most influential voices of the civil rights movement; Martha Stewart, after serving a prison sentence, rebuilt her brand and returned to the heights of global business; and Frank Abagnale, once imprisoned for fraud, went on to work with the FBI and became a respected security consultant. These lives remind us that with reform, education, and opportunity, confinement can give way to contribution.”

It will be recalled that inmates in correctional centres across the state had earlier sent an emissary to Obi, appealing for assistance due to their inability to pay NECO examination fees. In response, Obi gave an undertaking to NECO to allow the inmates to sit for the examinations, a commitment he has now fully honoured.

On the occasion, it was revealed that the total payment, covering NECO examination fees and logistics for all eligible candidates across the four correctional centres in Anambra State, amounted to ₦4,741,400.