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Peter Obi Before Politics; A Complete Profile

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As the 2023 presidential elections draws closer, Nigerians are very optimistic ahead of what the future holds in what many have tagged the most important election in Nigerias’ history, thus the huge voter registration turn out.

In this series, we will profile the top candidates who could emerge victorious after the 25th February 2023 polls. and also share who Peter Obi is Before Joining Politics

First in this series is the Labour Party presidential candidate who many political commentators within Nigeria and internationally have projected to win the election; Peter Obi. Mr Obi who has the backing of the select demography of Nigerian youths, has been frequently mentioned as the man to beat, and the main opposition to the incumbent/ruling party APC.

A lot has been said about his time as governor of Anambra state where a lot of positive appraisal has been given for his 8 year 2 tenures in charge of the state, however, little is known about his life before joining politics and subsequently becoming one of the best ever governors in the country.

Here is a complete work/business profile of Peter Obi before his foray into politics in 2002.

Fidelity Bank Plc

Peter Obi became the highest shareholder and Chairman of Fidelity bank in 1994 at the young age of 34 making him the youngest ever chairman of a Nigerian bank till date, it was a regional bank (Tier-3) according to CBN stratification of commercial banks.

Peter Obi led Fidelity to Tier 2 status by 2000 and set a blueprint for them to go public which they eventually did in 2005 even though he resigned his position as chairman in 2002 to contest for the Anambra governorship, they’ve remained one of the most consistent banks in Nigeria in its dealings with shareholders and costumers.

For 17 years running, Fidelity bank has paid dividends to all its shareholders. Fidelity has never needed a bailout by the CBN even when other commercial banks crashed due to economic recessions, it has remained one of the most consistent banks and it is now a Tie 1 bank, alongside the likes of First Bank, UBA and Zenith.

Peter Obi is still the highest and majority shareholder in Fidelity bank today.

See Also: Peter Obi: Over 150 Groups Drums Support For The Labour Party Presidential Candidate

2. Next International (Nigeria and UK)

Peter Obi incorporated and became the Chairman and Chief Executive of Next International Nigeria Limited, an import and export franchise, in 1988, and by 1995 he had gone international by opening branches across the United Kingdom.

Before its dissolution in January 2023, Next International was a retail powerhouse generating over £85m in annual revenue in its hay days. He resigned his position as Chairman before joining politics.

3. Chams PLC/Paymaster Nigeria Ltd

Peter Obi is the highest shareholder and former chairman of identity management and fintech conglomerate Chams PLC which owns Paymaster Nigeria LTD, a payments solution enterprise which was the first non-bank financial institution to obtain license to operate as a Payment Terminal Service Provider (PTST) for POS transactions from CBN in 2011.

Chams remains a powerhouse in electronic payment systems & solutions and has been contracted by major Nigerian and African banks to deploy their payment solutions into their operations.

4. Guardian Express Bank Ltd

Peter Obi also served as the Chairman of Guardian Express Bank where he is also a major shareholder. It was during his time as chairman that a subsidiary was set up; Guardian Express Mortgage bank, where he also served as chairman & major shareholder.

Peter Obi was former vice-president Atiku Abubakar’s running mate in the 2019 presidential election

5. Guardian Express Mortgage Bank

As aforementioned, under his guidance, Guardian Express bank established a mortgage bank as it’s subsidiary and served concurrently as the chairman of both banks. This bank was one of the first privately held mortgage banks in Nigeria.

6. Future View Securities

Peter Obi served as chairman of this private equity & stock brokerage firm which dealt on medium & large scale enterprises. Under his leadership, they became a powerhouse in the equity market in Africa and quickly became a go-to for venture capitalists.

7. Data Corp Ltd

Peter Obi also served as chairman of the data analytics company Data Corp which is the foremost data sourcing and processing institution in Nigeria. He was a non-executive director and is currently listed as it’s majority shareholder as at December 2022.

Data Corp is trusted by multi-national companies and governments across Africa and frequently collaborates with the biggest data analytics in Europe and around the world for multi billion dollar projects as well as many social enterprising projects across Nigeria and Africa.

8. Card Centre Nigeria Ltd

Card Centre is a pioneer in the telecommunications technology market and has a substantive market share in this industry. It is responsible for the manufacture of SIM cards, AT.

See Also: Why have Peter Obi’s brothers not endorsed him?

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African Union Takes Action: Republic of Niger Suspended Amidst Political Unrest

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In a decisive move that reverberated across the continent, the African Union (AU) announced the suspension of the Republic of Niger from its membership ranks.

This momentous decision was unveiled during the African Union’s Peace and Security Council meeting held in Addis Ababa, Ethiopia on Tuesday, August 22.

African Union:Picture Source- Pinterest

The suspension stems from the recent political turmoil that engulfed the nation, with the African Union pointing to the coup orchestrated by Gen Abdourahamane Tchiani on Wednesday, July 26. As part of a series of sanctions imposed on the francophone West African country, the Republic of Niger faced the repercussions of its internal upheaval.

The African Union’s stance was uncompromising, as it made it clear that Western nations seeking to meddle in African affairs should refrain from interfering. This firm message was directed from the heart of Addis Ababa, Ethiopia, where the AU’s call for autonomy echoed loudly.

The events leading up to Niger’s suspension unfolded against a backdrop of political uncertainty and unrest. The coup in Niger, orchestrated by Gen Abdourahamane Tchiani, prompted the Afican Union to take action. Their decision to suspend Niger was not taken lightly and was ratified during the Peace and Security Council meeting in Addis Ababa, Ethiopia on August 22.

The aftermath of the military takeover in left President Mohamed Bazoum in captivity, held under the close watch of the juntas in Niger. Despite international pressure, the release of the president and his family remains elusive. This tense situation compelled the Economic Community of West African States (ECOWAS) to intervene, imposing sanctions on Niger and establishing a deadline for the initiation of military intervention by the sub-regional body’s standby forces.

The suspension of the Republic of Niger from the African Union serves as a stark reminder of the continent’s commitment to upholding stability and safeguarding democratic governance. The swift response underscores the African Union’s dedication to maintaining order and security within its member states, sending a resounding message to the global community about the importance of respecting Africa’s sovereignty.

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Peter Obi: “I Campaigned For Presidency Because I Can Say It Any Day, I Will Solve The Problem Of Nigeria”

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In a recent tweet that has caught the attention of many, @MissPearls shares an inspiring declaration made by former Anambra state governor and Labour Party presidential candidate, Peter Obi. According to @MissPearls, Peter Obi proclaimed, “I campaigned for Presidency because I can say it any day, I Will SOLVE THE PROBLEM OF NIGERIA. All these confusion everywhere can BE SOLVED, and I am PREPARED for it”

Peter Obi: I Campaigned For Presidency Because I Can Say It Any Day, I Will Solve The Problem Of Nigeria.

Peter Obi’s bid for the presidency in the recent elections stirred considerable excitement and garnered support from diverse quarters, particularly the youth demographic. The former governor is known for his progressive ideas and pragmatic approach to governance, which resonated with many Nigerians who sought change and effective solutions to the country’s myriad challenges.

Despite his extensive support and well-articulated vision, Peter Obi’s presidential ambitions faced formidable opponents in the election. The Independent National Electoral Commission (INEC) released results that placed him behind the All Progressives Congress (APC) candidate, Bola Ahmed Tinubu, who emerged as the winner, and Atiku Abubakar of the Peoples Democratic Party (PDP), who came second. However, these results were met with skepticism due to apparent electoral irregularities that marred the integrity of the process.

In response to the controversial election outcome, both Peter Obi and Atiku Abubakar filed legal challenges against the INEC’s declaration. This move underscores their commitment to upholding the democratic process and ensuring that the voice of the electorate is accurately reflected. As the election Tribunal Judges prepare to deliver their verdict, Nigeria watches with bated breath, eager to witness justice being served.

Meanwhile, the administration of Mr. Bola Ahmed Tinubu has taken significant policy actions since assuming office. The removal of fuel subsidies and the decision to float the Naira have triggered mixed reactions across the nation. While these measures may be intended to foster economic stability and growth, the immediate consequences have been felt by everyday Nigerians. The cost of living has surged, and the socio-economic effects on the rich and the poor have become more pronounced.

As the Nigerian population navigates these shifts, the aftermath of the election and the ensuing governance strategies offer a critical juncture for evaluating the nation’s trajectory. The voices of discontent, expressed by citizens facing the brunt of these policies, highlight the necessity for leaders to prioritize the well-being of the populace while pursuing economic advancements. It is essential for the government to strike a balance between fiscal prudence and safeguarding the interests of the vulnerable segments of society.

The policy changes implemented by Bola Tinubu have shed light on the delicate balance between progress and the welfare of the people. As the nation waits for the tribunal’s judgment and the dust settles on the recent election, Nigeria stands at a crossroads, with the potential to reshape its future trajectory and address the systemic challenges that have held it back for far too long.

Fore more updates, follow us on Twitter @ReporteraNews.

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Youths in Kano Defy Police Ban to Protest Alleged Tribunal Bribery

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Hundreds of determined youths in Kano took to the streets, defying a police ban, to protest what they perceive as attempts to manipulate the state election petition tribunal. This incident unfolded against the backdrop of a ban on protests by the Commissioner of Police, Usuani Gumel, following revelations of alleged plots to obstruct justice through financial inducement in legal proceedings.

Youths in kano

The rally, which unfolded outside the state government house, saw impassioned youths brandishing placards with messages that underscored their commitment to justice and the integrity of the electoral process. Their actions were sparked by concerns over an alleged plan to bribe the state election petition tribunal, casting a shadow over the fairness of the process.

The ban on protests was issued in response to recent revelations made by Justice Flora Azinge, who unveiled purported schemes by lawyers to disrupt the course of justice through financial incentives. The Commissioner of Police cited “confirmatory intelligence products” as the basis for this decision, leaving a contentious atmosphere surrounding the freedom of assembly and the right to peaceful protest.

This ban, however, failed to deter the resolute youths who carried a variety of placards conveying their strong stance against corruption, manipulation, and injustice. The slogans they chanted resonated with their determination to safeguard the sanctity of the electoral process and uphold transparency in governance.

Among the messages displayed, one placard caught the eye with its direct callout: “Gandollar, stop spoiling the name of Tinubu.” This highlights the allegation that financial impropriety is tainting the reputation of key political figures.

In a video circulated online, the enthusiastic protesters chanted slogans that echoed their deep-seated concerns. Chants of “No to corruption,” “No to injustice,” and “No to manipulation” reverberated through the crowd, embodying the youth’s unwavering commitment to fair and accountable governance.

Addressing the gathering, Governor Abba Kabir Yusuf praised the peaceful conduct of the protesters and assured them that their concerns would be relayed to President Bola Tinubu. This gesture recognizes the role of the youth in shaping political discourse and underscores the importance of their voices in the pursuit of a just society.

In conclusion, the youths in Kano have seized the moment to voice their concerns and demands for an unbiased electoral process. Their defiance of the police ban serves as a reminder that public sentiment cannot be easily suppressed. As this incident unfolds, it raises important questions about the delicate balance between freedom of assembly, legitimate protest, and maintaining public order. It also underscores the critical role of the youth in shaping the political landscape and demanding accountability from their leaders.

For the latest news updates, follow us on Twitter @ReporterNews. Stay informed and engaged with evolving stories from all around the world.

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