Peter Obi Finally Opens Up on His Wealth“I Was Rich Before Politics!” #politics

Added: 2026-05-27

[00:00:00]I want YOU TO GO AND CHECK MY BACKGROUND.

[00:00:03]I am not a I am not A POOR PERSON BEFORE I BECAME GOVERNOR.

[00:00:07]ALL OF YOU CAN GO AND CHECK MY BACKGROUND WHERE I WAS BEFORE I BECAME GOVERNOR. BEFORE I WENT INTO PUBLIC LIFE, I am a very rich person. However, I have allergy for money being wrongly spent.

[00:00:20]THAT IS WHY I GO TO SCHOOLS EVERY MONTH.

[00:00:22]GO AND CHECK THE RECORD TO DATE. I VISITED at least FIVE SECONDARY SCHOOLS ALL OVER NIGERIA. The last visit was and I give each at LEAST 1 MILLION.

[00:00:33]THAT IS FOR ME A EXPENDITURE NOT TO USE IT TO BUY WATCHES I KEEP AT HOME GIVING time that nobody uses. It doesn't make sense.

[00:00:40]Tell to him give this simple this key.

[00:00:42]They sent the KEY AND THEY SEARCHED THE WHOLE my whole apartment.

[00:00:47]I can tell the only result THEY FOUND THERE THEY SAID I AM DOESN'T LIVE HERE.

[00:00:51]It's only his wife clothes and shoes that we saw and everything that WE DIDN'T SEE ANYTHING BELONGING TO HIM. BUT I SAID IT TO SO MANY NIGERIANS.

[00:01:00]PETER OBI WEARS only black shoe and I have two PAIR OF IT ANYTIME AND I TRAVEL WITH IT.

[00:01:08]THE PURPOSE OF SHOE THE PURPOSE OF SHOE THE PURPOSE OF SHOE IS TO PROTECT THE LEG FROM BEING HURT.

[00:01:19]NOTHING ELSE.

[00:01:21]SO THAT PEOPLE ARE WEARING ONE THEY GO AND BUY $200 ONE $300 IS WASTE OF TIME.

[00:01:27]I BUY THIS FROM MARKS AND SPENCER.

[00:01:30]$49.99 FINISH. It's a shoe.

[00:01:34]NOTHING ELSE. THEY SAID OH, WE DIDN'T EVEN SEE WATCH.

[00:01:39]I SAID IT OPENLY TO EVERYBODY.

[00:01:41]THIS IS THE ONLY WATCH I HAVE. I wore IT FOR 17 YEARS. PURPOSE OF WATCH IS TO KEEP TIME.

[00:01:47]WHY WOULD I KEEP A WATCH AT HOME? WHOSE TIME IS IT KEEPING?

[00:02:02]>> I'M NOT I LIVE IN THE PLACE.

[00:02:08]I OWN AN APARTMENT THERE.

[00:02:10]PEOPLE SAID TO ME, "OH, YOU LIVE THERE?"

[00:02:13]YES, I LIVE THERE. IT WAS built by somebody I'm close to and everything.

[00:02:18]And I told him I said, "I've been being governor of Anambra State for 8 years. I cannot live outside Anambra State."

[00:02:25]Never. The only place I have a house officially built is in Onitsha.

[00:02:30]IF YOU SEE ANY HOUSE ANYWHERE IN LAGOS, ABUJA, anywhere belonging to Peter Obi, confiscate it.

[00:02:36]I live in Onitsha.

[00:02:37]SO, FOR MY WIFE and family, I LEAVE THAT PLACE AND I'M happy that God has those who searched the place cuz they I was abroad. I traveled 2 days after and they said they wanted to search my apartment. I sent the key to a very good Nigerian who was traveling.

[00:02:58]I'm sure the rubber man will tell people the story ONE DAY. VERY VERY GOOD QUESTION.

[00:03:05]WELL, I'm sure you For me, let me tell you my sadness. It's not actually on issue of drugs that cash was found.

[00:03:17]I leased an apartment there.

[00:03:22]I live there.

[00:03:24]I WAS THERE IN THAT BLOCK WHEN THEY came to search the apartment in question.

[00:03:35]So, it's somebody I know. BUT, LET ME TELL YOU WHAT is worrisome.

[00:03:41]WELL, WE DON'T KNOW. THEY'RE STILL dealing with who owns the money and who doesn't own the money.

[00:03:47]Maybe that will one day be clarified. BUT, LET ME TELL YOU WHERE I'M EVEN WORRIED.

[00:03:55]Assuming the money was given from a background that is questionable, why would anybody keep it in such a circumstance?

[00:04:07]That place COULD HAVE CAUGHT FIRE.

[00:04:10]ANYTHING COULD HAVE HAPPENED.

[00:04:12]IF THAT MONEY WAS PUT IN OUR BANKING SYSTEM, WHOEVER KEPT IT WOULD HAVE EARNED 8% per annum. So, it would have earned about $7 MILLION BY NOW.

[00:04:27]1 MINUTE.

[00:04:29]YOU WOULD HAVE EARNED ABOUT $7 LET ME FINISH.

[00:04:33]LET ME FINISH.

[00:04:35]LET ME FINISH.

[00:04:37]THAT $7 MILLION IS A $7 MILLION IS ABOUT $7 MILLION IS ABOUT 2.

[00:04:45]8 BILLION NAIRA TODAY.

[00:04:47]THAT IS THE AMOUNT I SPENT FOR SECONDARY SCHOOLS THE ENTIRE SECONDARY SCHOOLS in Adamawa state for the year.

[00:04:56]IF YOU HAD DECIDED TO BE GENEROUS IF YOU HAD DECIDED TO BE GENEROUS AND DECIDED I GIVE EACH GRADUATE 1 MILLION, THEY WOULD HAVE SHARED IT TO 2,800 GRADUATES, OUT OF WHICH 2,000 WOULD HAVE BEEN SUCCESSFUL.

[00:05:12]I CAN GO ON AND ON AND TELL YOU WHAT THAT MONEY WOULD DO. A BANK THAT IS KEEPING THE MONEY WOULD HAVE MADE 7% BECAUSE THEY WOULD HAVE GIVEN IT TO A BUSINESS AT 15%, MAKE 7%, WHICH MEANS THE BANK will keep going.

[00:05:28]AND THE BUSINESS THAT THEY loaned it to will KEEP GOING. THAT IS THE ECONOMY.

[00:05:33]BUT, THAT MONEY WAS KEPT in a place where Oh.

[00:05:41]Thank you very MUCH.

[00:05:41]>> SO, THE APARTMENT is yes, but I I'm appealing to Nigerians that that is not a way to keep money.