How to know Educated illiterates.

2012 $1 ~ N150

2022 $1 - N605


That is a serious plunge orchestrated by the government of the day.

The educated illiterates don’t understand that since 2012 Anambra has been getting profits they didn’t bother to ask how much they have received since 2012.

These educated illiterate do NOT understand that International Breweries Total Asset is over N460bn and a net asset of over N135bn.

These educated Illiterates do NOT understand they International breweries does over N182bn in revenue annually.

They forgot the market cap of international breweries is about N151.7 billion as quoted on Bloomberg.

If someone owns 4.7% of N151.7 bill that is N7.129bn

Half baked Journalist who don’t do due diligence before they publish.



The Cable newspaper Published an article trying to rubbish Peter Obi investment of N1.95bn for Anambra At International Breweries worth $12.58 million in 2012.

The total shares procured was 407,321,264 ordinary shares worth N1.95bn @ N4.80k per share in 2012.

The Cable in trying to embark on an hatchet job forgot that that the share of International breweries at January 2019 was N52.86/ share and USD was $1 - N306.
Peter Obi granted the interview on his investment In International breweries in January 2019 prior to 2019 General elections.

The Data
407,321,264 shares as at January 2019 was worth 21.5 billion. ~ $70m.
It means the funds invested by Peter Obi as at the time he granted interview on the said investment has risen to $70m from $12.6million that is 457% increase.

From N1.95 bn to N21.5bn is 977% increase as at 2019.
Until the world economy experienced a downward plunge.
The hatchet journalist used the values in 2022 when the share values has dropped to less than N6 per unit.


© Ettu Mayana

https://www.facebook.com/551677901/posts/pfbid0WkbZJsq1VDxrZjNHns4T6nefYAwyy6T7J3tyCX8cVJuXbtbs63VBdmwbaxHD4sY4l/?app=fbl

But Tinubu Urchins are busy doing everything possible to pull Obi down instead campaign for their low budget BATman...They will end up dishing long epistle filled with propaganda until the day of Election only to realize they have indirectly campaigned for Obi free of charge...!!

Only Hero lager beer alone is getting billions for Anambra state annually...!!

No mind the cable,it did not lie but their intention was malicious

Didnt you all claim 100 billion?

Where is it?

People invested in a country that spends Nigeria.
That is to say, his investment made profit in Nigeria, it's not his fault that illiterates in government moved us from hero to zero!

Thank you.

I hate that they keep saying Anambra's stake in INTBREW is worth N2.32B when it's actually worth N7.32B.
Political science/mass comm grads and mathematics are 2 parallel lines.