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How Did Peter Obi Make His Money? - Politics - Nairaland

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How Did Peter Obi Make His Money? by naijapips04: 8:37am On Oct 04, 2022
Peter Obi was a son of a petty trader.

All of a sudden he started importing in billions and bought controlling shares in a bank.

Pandora papers shows he has up to $50m stocked up in offshore banks.



How did Peter obi, the son of a petty trader make his money? How did he come from being a son a trader to opening up strings of supermarkets and importing in billions. Present the records we will like to verify.


Sir, it will be interesting to learn how you, the son of a petty trader, became a billionaire in dollars, founded NEXT International, where you are still Chairman, and controlled many shares in Fidelity Bank, propelling you to become its youngest Chairman. Believe me, there are millions of young Nigerians who are intelligent, resourceful, and purpose-driven just like you, and who would love to hear your story and emulate your success. Don’t be the leader who can’t explain to their followers how they became great and hope to raise more great people from their following pool.

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Re: How Did Peter Obi Make His Money? by naijapips04: 8:38am On Oct 04, 2022
Ylink4sure:
I hope those who consider Peter Obi the lesser evil in the presidential race have read the open letter by Uloka Chukwubuikem. It exposed Peter Obi's involvement in mass extrajudicial killings and his use of the judiciary to prevent being investigated during the Endsars Probe,his involvement in corruption and graft,and most shockingly,his involvement in DRUG TRAFFICKING! And many more atrocities! It makes for an 'enlightening' read.

The most interesting aspect of the letter is that 'news' about of virtually all that was alleged in the open letter are available online!

The letter is reproduced below;

Greetings, Mr. Peter Obi. I am writing you this letter with the utmost sincerity, and I urge you to accept it in good faith and address the issues raised herein. As a passionate Nigerian who is dissatisfied and angry, I have come to address you as one of those who stole our future and, rather than apologizing, you continue to lie, blackmail, and deceive innocent people in order to manipulate the future of the younger generations.

It’s disturbing to hear from you that you are one of those who will solve Nigeria’s problems, when in reality, you are no different from the buccaneers and bandits who have over the years buried us beneath the soil of bad governance, corruption, criminality, pretence and deceit.

It smacks of hypocrisy and delusion to present yourself as a messiah when you’re the devil’s advocate and a ring leader of oppression in our political arrangements.

First, I have taken the time to listen to many of your speeches in forums where you discuss your desire for due process and the rule of law if you are elected President of Nigeria. Because the mind is limited and quick to forget, I should remind you that when you were the Governor of Anambra State eight years ago, you brazenly disregarded the rule of law and committed so many atrocities that if you truly believed in the rule of law, you would have been imprisoned for your crimes.

Let me remind you that, as Governor, you destroyed the Upper Class Hotel at Onitsha, which was owned by an innocent man, whose only offence was not being a member of your political party. He was then falsely accused and arrested for rituals and the possession of human body parts that were planted in his hotel. Sir, you gave orders for his hotel to be demolished in less than 24 hours and for its owner, Chief Bonaventure Mokwe, to be detained and tortured by the Special Anti-Robbery Squad (SARS) without a Court order or any form of fair hearing. Even when it was clear that Chief Mokwe was innocent, you took away his source of livelihood and inheritance and violated his and his workers’ human rights; to this day, you have not apologised to him and have instead used money to delay the court case he initiated. terrible.

Perhaps I should remind you of your illegal use of the Special Anti-Robbery Squad (SARS) in Awkuzu, Anambra State, when you were Governor and gave orders to kill, maim, and use innocent people for human barbecue.

We all remember the Ezu and Omambala River massacres that you ordered when you gave outright orders to shoot at the sight of innocent Igbo youths, which was carried out by your man Friday, CSP James Nwafor; to this day, the memory still hurts the families of the over 500 young people murdered in cold blood without any kind of trials or fair hearings, but man-slaughter because you had the executive seal of office.

Sir, when in 2020 the young people of Nigeria protested for SARS to be banned nationwide and their activities over the years probed, you approached the court to obtain an order restricting the panel set up to investigate offenders with you inclusive, and you ensured that you were not investigated

It was under your watch that SARS became so notorious and turned the Awkuzu station into a depot for human parts transactions with CSP James Nwafor, your special security adviser and accomplice.

Sir, when in 2020 the young people of Nigeria protested for SARS to be banned nationwide and their activities over the years probed, you approached the court to obtain an order restricting the panel set up to investigate offenders with you inclusive, and you ensured that you were not investigated through multiple court orders because you knew your way to the courtroom to procure court orders, which you never did when you ordered for the illegal detention of Bonaventure Mokwe and staffers, nor when you ordered for the massacre of over five hundred Igbo youths and accused them of being Biafra agitators.

As Governor of Anambra State, you prohibited peaceful protests by Biafran separatists and instead designated MASSOB as a criminal gang, ensuring that they never carried out lawful actions in the state.

With all due respect and acknowledgement, you lack the justification to preach the rule of law because you violated many laws while Governor and never submitted to trials. You will not have the audacity to speak about upholding the rule of law in places where the rule of law works because you represent the oppressors.

Sir, I’ve also heard you talk about inclusive governance and transparency if elected president. It has become evident that you enjoy playing with the emotions and sensibilities of the vulnerable and little-informed. How can you promise something you don’t have and something opposite to your trait? Maybe I should remind you again that, as Governor, you rejected local government elections for the eight 8 years you were in power and instead used sole administrators, heads of service, and transition committees as local government chairmen. For the same eight 8 years, sir, you did not give a proper account of how much the local government allocations were and what they were used for.

In the same eight 8 years, you failed to make public the budgets of Anambra State and, till date, there are no records of how much Anambra had in budgets under your administration. It’s hypocrisy to tell us about transparency if you become President when you failed to be transparent as Governor.
On the same topic of transparency, sir, it remains a mystery how you became rich and wealthy in dollars because you have refused to disclose to the public your life trajectory while continuing to avoid answering the question of how you made your money. Your parents, like most of our parents, were common traders in Onitsha, Anambra State, with no other investments aside from the kiosk at Ose Okwodu. But you became a billionaire out of nowhere and have never explained how. Sir, you should not be the one discussing transparency in government or anywhere else.

Sir, I’ve also heard you talk about inclusive governance and transparency if elected president. It has become evident that you enjoy playing with the emotions and sensibilities of the vulnerable and little-informed. How can you promise something you don’t have and something opposite to your trait? Maybe I should remind you again that, as Governor, you rejected local government elections for the eight years you were in power and instead used sole administrators, heads of service, and transition committees as local government chairmen.

You’ve been implicated in drug cartels numerous times, along with your eternal friend Benjamin Ubah, an ex-convict in the United States of America for drug offenses. Not only him, but your brother, Damian Obi, has been barred from entering the United States for the same drug-related offense. We have other names for those who are your allies and childhood friends. It’s on good record that a certain Gregory Obi was involved in this drug syndicate, which was you, but you quickly dropped the name Gregory from your documents and replaced it with Peter and Onwubuasi to alter your identity till date. Sir, if you are indeed sincere and transparent enough, kindly let the world know the source of your wealth and the over $50 million you have saved in offshore accounts as exposed by the Pandora papers.

Sir, it is unfortunate that you have chosen to represent yourself through false claims and identity while representing everything evil, criminal, and bad in leadership and oppression. You recklessly use your gift of poetry and philosophical knowledge to sway the vulnerable and gullible. Obviously, not the kind of leader Nigeria and Nigerians yearn for in 2023.

Sir, you have spoken eloquently about Nigeria’s transition from consumption to production, which you have stated will be your primary task if elected President. Sir, may I also remind you that, according to the records you provided, you have been a major importer of groceries into Nigeria for the past thirty years, which has greatly contributed to the depreciation of the Naira and the fact that Nigeria has remained a consumer country. Sir, if you had any good intentions for Nigeria as you want us to believe in your many talk shows, why didn’t you in the last 30 years bring investors to set-up production companies for groceries, which is your major, just like Aliko Dangote, Innoson, and other business moguls who have been contributing to the nation’s productivity – do in their area of specialty? Sir, you were Governor for eight years and the Chairman of the South East Governors Forum as well. We did not see your reign in either capacity attract much productivity in Anambra State or any of the South East states, but at the same time, you feel very comfortable telling us that you will move Nigeria from consumption to production. It is terrible that, as a Christian, you derive joy in deceit and manipulating the vulnerable.

Sir, it will be interesting to learn how you, the son of a petty trader, became a billionaire in dollars, founded NEXT International, where you are still Chairman, and controlled many shares in Fidelity Bank, propelling you to become its youngest Chairman. Believe me, there are millions of young Nigerians who are intelligent, resourceful, and purpose-driven just like you, and who would love to hear your story and emulate your success. Don’t be the leader who can’t explain to their followers how they became great and hope to raise more great people from their following pool.

It absolutely reeks of hypocrisy that you have been going around talking about how to fix Nigeria, but your track record shows that you are only interested in your own success and not the success of others. Sir, how can you, as a former Governor and Chairman of a bank and a multinational corporation, not have people you mentored following you around? We know people in your cadre who still have those who worked with them while they were governors, but in your case, none of your commissioners have been heard of or seen in your team or around. Perhaps, after Peter Obi, there will not be another person who represents the values you claim. That is not a good leadership example.

Sir, please allow me to assert here that you are one of the major oppressors of Nigeria’s younger generation, and you continue to steal from us with great gusto. How do you save Nigeria when you symbolize our nation’s bane and impediments? You are a very corrupt, predatory, undemocratic, religiously extreme and fanatical Catholic who preferred and only recommended Catholics for appointed or elective positions as Governor. You’re a maniacal liar who represents everything oppressive.
Sir, you have yet to clear the air on the public story that you offered your man Friday, Mr. Victor Umeh, who was then National Chairman of the APGA but has since reunited with you in the Labour Party, a whopping sum of 600 million naira to disqualify Charles Soludo in 2013 because you dislike him and believe that him being your direct successor will expose the criminality in your administration. Sir, we also have on record how you used public properties to settle your personal friends and families, the chief amongst them being the concession of ANIDS vehicles procured with State Government funds to Benjamin Uba for personal ownership, which he has since renamed Ben-flo. Sir, it’s also on record how you diverted state resources and invested same into NEST International, owned by you, without the approval of the State Assembly or State Executives, and the two hundred and fifty million naira that was recovered from your special aide, Valentine Obienyem, by the Nigerian police en route Lagos State with your official vehicles, and you subsequently denied and abandoned the innocent Anambra taxpayers’ money to the police just to avoid being indicted.

Among the many promises you have made to innocent and vulnerable Nigerians who are emotionally nodding in agreement as a result of Muhammadu Buhari’s disastrous and clownish administration, which has plunged Nigeria, divided us along ethnic lines, and impoverished everyone, is that you will unify the country. Sir, Mondays in the South East have been under lock and key for over two years now, yet as a stakeholder vying for the country’s number one position and coming from the South East, where you served as Governor and Chairman of the South East Governors Forum, you have not been able to offer the best solution to halt the sit-at-home that has severely harmed the economic activities of that part of the country. How will you unite the country if you become President, when you can’t even solve a minor problem in your own backyard?

Sir, once again, you are more evil and fantastically corrupt than most politicians in the country because you have evolved into a warbler who continues to feed on the larder of the poor and vulnerable while devising a way to avoid having boils on your lips.

Sir, once again, you are more evil and fantastically corrupt than most politicians in the country because you have evolved into a warbler who continues to feed on the larder of the poor and vulnerable while devising a way to avoid having boils on your lips.

Sir, if you claim to have any integrity left in you, I would advise you to come out and confess your evil to the young Nigerians you have been deceiving all along, and to withdraw from the Presidential race because you do not deserve to be in the position you currently occupy through deception and blackmail.

While we have organised to ensure that 2023 goes smoothly and that we elect leaders who will serve us and our best interests rather than themselves and their cronies, it is critical that we seek out those who actually live out their beliefs, rather than settling for a predator like you, Sir.

Sir, I challenge you to tell the public the source of your wealth; how you made the billions you own and have saved in offshore accounts; and how you became a top shareholder in Fidelity Bank in your 30’s despite coming from a very poor family background. If you can conveniently explain this; I will be the very first to lead your campaign selflessly, but failure to do so tells a convincing story that you’re not what we seek in 2023 and possibly more corrupt than others.

As I’ve always said, you’ve done your best and lied your way out a lot, but the deception will no longer be tolerated. Come to your senses and take a bow. You are more corrupt and oppressive than people see.

*Uloka Chukwubuikem writes from Awka, Anambra State

https://saharareporters.com/2022/10/02/you-are-evil-corrupt-open-letter-peter-obi-uloka-chukwubuikem

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Re: How Did Peter Obi Make His Money? by Nobody: 8:38am On Oct 04, 2022
Because of obidiency
Re: How Did Peter Obi Make His Money? by orikoku: 8:38am On Oct 04, 2022
He works for it
Re: How Did Peter Obi Make His Money? by naijapips04: 8:39am On Oct 04, 2022
rofilaih:
Business

Which mumu business? How did he get the startup capital to start importing in billions. Let's him share his story. I'm sure youths would be very interested in it.

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Re: How Did Peter Obi Make His Money? by naijapips04: 8:40am On Oct 04, 2022
orikoku:
He works for it

How? Which work has he done?

The first time we had about Obi he was already a major importer with controlling shares in many Nigerian banks. How did he rise from his poor trader father to one or the biggest importers in Nigeria?

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Re: How Did Peter Obi Make His Money? by Abratech(m): 8:45am On Oct 04, 2022
Nobody cares about the story, they Care about the Glory Alone..

But SMALL OPPORTUNITIES ARE OFTENTIMES THE BEGINNING OF GREAT ENTERPRISE..


check out My Signature guys
Re: How Did Peter Obi Make His Money? by Nightwolf1: 8:46am On Oct 04, 2022
grin grin

Re: How Did Peter Obi Make His Money? by Innocentman86: 8:48am On Oct 04, 2022
naijapips04:


How? Which work has he done?

The first time we had about Obi he was already a major importer with controlling shares in many Nigerian banks. How did he rise from his poor trader father to one or the biggest importers in Nigeria?
You have gone to search,verify you couldn't find any single stain or what to nail him.
Tell the condemned,wanted sick criminal asiwajuju to pay more people to trace his wealth.
Although it will be a very tough job because obi is the most clean politician in nigeria grin cheesy grin cheesy cheesy
Finally obi can not stoop so low ,to reply a nobody like you..obi has grace that even upon all the money asiwajuju has stolen he is the most hatred politician in the world.

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Re: How Did Peter Obi Make His Money? by naijapips04: 8:52am On Oct 04, 2022
Innocentman86:

You have gone to search,verify you couldn't find any single stain or what to nail him.
Tell the condemned,wanted sick criminal asiwajuju to pay more people to trace his wealth.
Although it will be a very tough job because obi is the most clean politician in nigeria grin cheesy grin cheesy cheesy
Finally obi can not stoop so low ,to reply a nobody like you..obi has grace that even upon all the money asiwajuju has stolen he is the most hatred politician in the world.

Ofeke, all these insults yet not a single evidence? Nigerians would want to know how Peter came from the son of a nobody to amassing billions in such a short time. It would make an inspiring story for the youth.

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Re: How Did Peter Obi Make His Money? by Peterobi90: 8:52am On Oct 04, 2022
naijapips04:


Which mumu business? How did he get the startup capital to start importing in billions. Let's him share his story. I'm sure youths would be very interested in it.

The better of Nigeria of then, you did not need all of the capital, if you were trustworthy and had good reputation, goods could be shipped to you on credit while you repatriate the capital, marking off the capital and the origin coy anticipated profit.. which is why the word "Sole distributor" for Heinz products..

So we are beyond that... how did Tinubu make his money because we know the salary range of a Mobil staff at the time alongside a customs officer too..
Re: How Did Peter Obi Make His Money? by hedonido: 8:52am On Oct 04, 2022
Ranting like a true poverty stricken idiot.

Rather than fix your attention on dubious thieves like Tinubu and Atiku who miraculously accumulated great wealth while purportedly working as mere salaried employees in Mobil and Customs respectively, you're asking stupid questions about how a lifelong entrepreneur entrepreneur made his money. Some of you don't have sense.

Seems the abnormal is always normalised in Nigeria. You think it is normal for an ordinary salaried employee in one mumu company or government agency or the other to become rich, but you're wondering how a private trader/hustler/businessman with no cap on earnings became rich.
Re: How Did Peter Obi Make His Money? by naijapips04: 8:54am On Oct 04, 2022
Peterobi90:


The better of Nigeria of then, you did not need all of the capital, if you were trustworthy and had good reputation, goods could be shipped to you on credit while you repatriate the capital, marking off the capital and the origin coy anticipated profit.. which is why the word "Sole distributor" for Heinz products..


Good. He should show us how Heinze shipping goods worth billions of Naira to him on credit to have enabled him amass so much wealth in such a short time coming from being a son of a petty trader.

If he was born in our time, he would have been termed a Yahoo yahoo boy.
Re: How Did Peter Obi Make His Money? by mrvitalis(m): 8:55am On Oct 04, 2022
naijapips04:
Peter Obi was a son of a petty trader.

All of a sudden he started importing in billions and bought controlling shares in a bank.

Pandora papers shows he has up to $50m stocked up in offshore banks.


Son of a Petty trader ? Na wah ooh
.his father owns next international was the sole distributor of Henz products in Nigeria

So if you ever made fried rice in the 90s or early 2000 before bama came out you most likely paid Peter obi father

He was the solve distributor of several wines

Owned a number of super markets

Infact obi inherited $175 million from his father which he claimed the he grew to over $500 million

Obi was a rich kid he drove cars in school ...sultan of Sokoto lived in his house he built in school when sultan served in nsukka ...at least sultan is not dead

Do you know how rich your father would be for you to be able to build a house in the town you schooled ?

2 Likes

Re: How Did Peter Obi Make His Money? by Peterobi90: 8:56am On Oct 04, 2022
naijapips04:



Good. He should show us how Heinze shipping goods worth billions of Naira to him on credit to have enabled him amass so much wealth in such a short time coming from being a son of a petty trader.

If he was born in our time, he would have been termed a Yahoo yahoo boy.

He should show you receipts?.. he made an open statement, Heinz as a coy is still running, neither have they debunked it, he mentioned notable names of people who knew what he was into and how he carried hampers to them, they have not denied it either.. in summary, you have nothing tangible to say...

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Re: How Did Peter Obi Make His Money? by Nobody: 8:56am On Oct 04, 2022
Peter Obi is a criminal and drug baron, right from his university days, according to those who know him.

I personally won't indict Obi based on accusations alone but I know anyone who lies as shamelessly and as needlessly as Obi does is certainly showing criminal tendencies.

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Re: How Did Peter Obi Make His Money? by naijapips04: 8:56am On Oct 04, 2022
mrvitalis:

Son of a Petty trader ? Na wah ooh
.his father owns next international was the sole distributor of Henz products in Nigeria

So if you ever made fried rice in the 90s or early 2000 before bama came out you most likely paid Peter obi father

He was the solve distributor of several wines

Owned a number of super markets

His father doesn't own any of those. Peter obi was the one that started next and is a major distributor. His father was a petty trader.

1 Like

Re: How Did Peter Obi Make His Money? by naijapips04: 8:57am On Oct 04, 2022
Peterobi90:


He should show you receipts?.. he made an open statement, Heinz as a coy is still running, neither have they debunked it, he mentioned notable names of people who knew what he was into and how he carried hampers to them, they have not denied it either.. in summary, you have nothing tangible to say...

He made statements that Heinze gave him goods worth billions on credit? From nowhere?
Re: How Did Peter Obi Make His Money? by mrvitalis(m): 8:58am On Oct 04, 2022
naijapips04:


His father doesn't own any of those. Peter obi was the one that started next and is a major distributor. His father was a petty trader.
Lol oga obi inherited 175 million dollars from his family
Re: How Did Peter Obi Make His Money? by naijapips04: 8:59am On Oct 04, 2022
mrvitalis:

Lol oga obi inherited 175 million dollars from his family

That is a big lie from the deepest pit of hell. Maybe from his drug pushing brother but definitely not his father.

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Re: How Did Peter Obi Make His Money? by Peterobi90: 9:00am On Oct 04, 2022
naijapips04:


He made statements that Heinze gave him goods worth billions on credit? From nowhere?

That he was the sole distributor of heinz products... if you dont have these little facts, how are you opposing.. this matter was thrashed during the alledged pandora saga..

How did Tinubu make his wealth?
Re: How Did Peter Obi Make His Money? by naijapips04: 9:01am On Oct 04, 2022
Peterobi90:


That he was the sole distributor of heinz products... if you dont have these little facts, how are you opposing.. this matter was thrashed during the alledged pandora saga..

How did Tinubu make his wealth?

You cant become a sole distributor with chicken change. How did he amass so much wealth that Heinze how to give him that role? If he borrowed from a bank , what did he pledge as equity?
Re: How Did Peter Obi Make His Money? by mrvitalis(m): 9:01am On Oct 04, 2022
naijapips04:


That is a big lie from the deepest pit of hell. Maybe from his drug pushing brother but definitely not his father.
Oya yes he pushed drugs under tinubu oya go and arrest him

1 Like

Re: How Did Peter Obi Make His Money? by mrvitalis(m): 9:02am On Oct 04, 2022
naijapips04:


His father doesn't own any of those. Peter obi was the one that started next and is a major distributor. His father was a petty trader.
https://saharareporters.com/2019/01/30/peter-obi-questioned-why-he-invested-30m-state-funds-company-where-his-family-owns-shares

Obi stated he inherited Next unless you know more than him then tell us
Re: How Did Peter Obi Make His Money? by henryobinna(m): 9:02am On Oct 04, 2022
mrvitalis:

Son of a Petty trader ? Na wah ooh
.his father owns next international was the sole distributor of Henz products in Nigeria

So if you ever made fried rice in the 90s or early 2000 before bama came out you most likely paid Peter obi father

He was the solve distributor of several wines

Owned a number of super markets

Infact obi inherited $175 million from his father which he claimed the he grew to over $500 million

Obi was a rich kid he drove cars in school ...sultan of Sokoto lived in his house he built in school when sultan served in nsukka ...at least sultan is not dead

Do you know how rich your father would be for you to be able to build a house in the town you schooled ?
These cretins you're trying to explain to already know these things because Obi has repeatedly talked about this, but they would keep making silly noise.

They're not genuinely asking because they're curious they're asking because they have nothing else to say.

They thought every single politician made their money from drugs or looting. They don't know there are lots of people who either made their money legitimately or inherited from parents or relatives.

1 Like

Re: How Did Peter Obi Make His Money? by Peterobi90: 9:07am On Oct 04, 2022
naijapips04:


You cant become a sole distributor with chicken change. How did he amass so much wealth that Heinze how to give him that role? If he borrowed from a bank , what did he pledge as equity?

He has been a trader while coming from a family of traders... it's not rocket science to grow wealth, heinz was not a household name too then.. same way for the techno guy whom is a billionaire today, he got sole distributor for Africa when techno was zero, he was only a trader in sakatinubu/computer village.. it's a risk (trying products) traders make to breakthrough.

You keep dodging my questions... how did Tinubu make his wealth?... we are supposed to be conversing..

1 Like

Re: How Did Peter Obi Make His Money? by javaguru: 9:08am On Oct 04, 2022
if obi never make headline ,day never break

2 Likes

Re: How Did Peter Obi Make His Money? by olisaEze(m): 9:10am On Oct 04, 2022
No matter how it is explained to a Yoruba man, he can never understand the dedication needed to be successful as an Igbo trader! The SW’ner has mastered the art of appearing wealthy even with no funds in his account, while the SE’ner does not care about appearances as long as he is actually wealthy! You see those young boys always hanging around the market popularly known as 'osó afia boys', the little change from each transaction they facilitate is not spent but saved, that is the secret of the Igbo trader! Pocket no be show-glass my guy, no be everybody wen sabi name of motor fit buy am! And for the record, the son of a supermarket owner in the early 80s is not the same as the son of a petty trader, you’d have to be a millennium kid to not know that! grin

1 Like

Re: How Did Peter Obi Make His Money? by Nijablast: 9:21am On Oct 04, 2022
Obi is a fraudster like his followers
He can't explain his wealth
Re: How Did Peter Obi Make His Money? by Winnersunited: 9:37am On Oct 04, 2022
naijapips04:


You cant become a sole distributor with chicken change. How did he amass so much wealth that Heinze how to give him that role? If he borrowed from a bank , what did he pledge as equity?
Maybe you expect others to wait for you. Continue to question how Obi made his money. Don't go and do something for your life.
Re: How Did Peter Obi Make His Money? by 07kjb: 9:39am On Oct 04, 2022
Nijablast:
Obi is a fraudster like his followers
He can't explain his wealth


You guys are funny

How many times will he explain to you guys before you agree

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