Peter Obi’s Biography, Net Worth, and Rise to Popularity
Peter Obi’s Biography, Net Worth, and Rise to Popularity
Peter Obi’s Biography
Peter Gregory Obi, popularly known by his two names, Peter Obi, was born in Onitsha, Anambra State, on the 19th of July 1961(61 years). Peter Obi is a Nigerian businessman who progressed to become a politician and served as the Governor of Anambra State from 2006 to 2014. He was nominated by the Labour Party for the coming 2023 Nigeria presidential election.
Peter Obi’s Educational Background
Peter Obi obtained his early education in Onitsha, Anambra State. For high school, Peter Obi attended Christ the King College in Onitsha, Anambra state. In 1984, he retained his higher education at the esteemed University of Nigeria, Nsukka, where he graduated with a degree in Philosophy.
Peter Obi also pursued pedagogy outside of Nigeria at prime international schools. He attended Harvard Business School in Boston, Massachusetts, and therefore went to study Financial Management/Business Policy at the London School of Economics; he also studied Marketing Management in Columbia Business School in New York, USA. Peter Obi was inspired to pursue these bigger pedagogies due to how fascinated he is with academic proficiency.
Peter Obi’s Early Career
Peter Obi started his life as a trader, being born into a trading family before embarking on a banking career. Peter Obi’s espionage and commercial abilities have made him a respectable corporate career. He held numerous leadership and business roles at many outstanding companies before he began his political career. The companies he worked for Include;
Next International Nigeria Limited, Guardian Express Mortgage Bank Limited, Guardian Express Bank PLC, Future View Securities Limited, Paymaster Nigeria Limited, Chums Nigeria Limited, Data Chairman of Corp Limited, Card Center Limited The Youngest Chairman of Fidelity Bank.
Peter Obi’s Political Career
Peter Obi’s political career has never been smooth sailing. Here’s why. His political career was full of challenges, but he overcame them all thanks to his enthusiasm and determination. In 2003, Peter Obi ran for a governorship election in Anambra State as the All Progressive Grand Alliance (APGA) party candidate, but his opponent, People’s Democratic Party (PDP) member Chris Nige, won by an explanation of the Independent National Electoral Commission (INEC).
Peter Obi refused to give in the conclusion and revolted against the matter in court for nearly three years. He ultimately won and was inaugurated as Anambra State Governor on the 17th of March, 2006. He governed for seven months because he was impeached by the state house of assembly and Virginia Etiba, who was his deputy, replaced him the following day and went on to become the first-ever female governor in Nigeria’s record. Peter Obi successfully disregarded his impeachment and was put back in office as Anambra State governor by the Court of Appeal on the 9th of February, 2007.
Peter Obi contested for Anambra state governor yet again in 2010 and he triumphed over his opponent, Professor Charles Chukwuma Soludo, who is the former CBN governor and a party candidate for the People’s Democratic Party(PDP), who is now the present governor of Anambra state as of 2022. Peter Obi served Anambra state for four years before taking over the office in 2014 and serving for another four years.
Peter Obi contested for Vice President of Nigeria in the 2019 presidential election. In the People’s Democratic Party, he was Atiku Abubakar’s vice-presidential nominee. Nonetheless, he lost the election to incumbent President Muhammadu Buhari. And now he is fighting hard for his 2023 Nigerian presidential election as the party nominee for the Labour Party (LP) after winning the primary election.
Peter Obi’s Rise to Popularity
In March 2022, Peter Obi made his intention known to contest for the position of President of Nigeria as the candidate of the People’s Democratic Party(PDP), but later withdrew and declared he would be appealing under the Labour Party (LP). On May 24th, 2022, Obi communicated to the leader of the People’s Democratic Party (PDP) to resign as a party member. Obi reportedly disagreed about the tremendous bribery and vote-buying of representatives in his party’s presidential primary, illustrating the existence of factions opposing him.
Youths under the age of 30 have proven to be Obi’s biggest followers, conveying their backing through social media, revolts, and street rallies. Obi’s business background and status as the leading candidate, not affiliated with either of Nigeria’s major political parties, has been compared to Emmanuel Macron’s successful 2017 French presidential bid. He has expressed admiration and was one of the officials who received Macron during his visit to Lagos. Peter Obi’s passion for education and achievement has made him stand out so far and is popular among youths in Nigeria.
Peter Obi’s Biography, Net Worth, and Rise to Popularity
Peter Obi’s Awards
- Peter Obi has attained tons of awards and honors. Here are some of the essential awards he received from 2007 after overcoming all his challenges till 2015, after serving his full four years and full second term as the Anambra state governor.
- In 2007, he earned the Sun Newspaper’s Man of the Year in 2007, right after he overcame all his difficulties in being the Anambra State governor.
- In 2009, he attained Today’s Most Cautious Newspaper Governor in Nigeria
- That same year 2019, he received Nigeria’s Most Trusted Governor by Champion Newspaper,
- In 2010, he attained the West Africa ICT Development Award as Governor of the Year
- In 2011, he won the Zic Leadership Award for “Best Governor for Immunization” in the Southeast part of Nigeria,
- In 2012, the “Ezeife Leadership Foundation Leadership and Good Governance” Award by the Bill & Melinda Gates Foundation
- Later In year 2012, he also received Nigerian Methodist Church Gold Award for Prudence; Business Hallmark Newspaper Man of the Year
- In 2013, Silverbird’s Man of the Year
- In 2014, The Voice Newspaper’s Award for Outstanding Example in Leadership and Governance
- In 2014,The Champion Gazette’s Best Wart Man of His Decade
- In 2014, the Outstanding Alumni Award – Lagos Business School Alumni Association (LBSAA)
- In 2014, Nigerian Library Association Golden Merit Award
- Lastly in 2014, the Papal Equestrian Order of St. Sylvester, Pope and Martyr
- In 2015, the Onitsha Catholic Diocese Golden Jubilee Award
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PETER OBI’S NET WORTH AND ALLOWANCES
Peter Obi, a successful businessman and politician has an estimated net worth of $10 million, according to Business Insider and Forbes. He is one of the richest and most popular politicians in Nigeria. It is well known that Nigerian politicians, including Obi, are among the wealthiest people in the world today.
In Nigeria, the average governor’s annual salary is 11,540,896 and the annual vacation allowance is 223,370,50, but his exact income as governor is unknown. He is then entitled to a bonus of £6,671,115 upon the termination of his employment. Additionally, under the Holders of Public Offices (Pension Payments) Act, former governors of Nigeria who have served two consecutive terms are entitled to own a home of their choice in Abuja or Lagos.
To reiterate, the ex-governor stipulates that every three years he will receive six brand new cars, a facility subsidy equal to 300% of his annual base salary, and free money for himself and his family. You have the right to receive medical care for This is in addition to her annual base salary. Peter Obi’s huge net worth has been increased by all of this. These awards and honors have also made Peter Obi stand out among other presidential candidates.
Peter Obi’s Personal Life
Peter Obi married Margaret Brownson Usen Obi in 1992. They have two children. A male and a female. He is living in his house in Onitsha, Nigeria, with his beautiful wife. Peter Obi is a Christian, a Catholic of Igbo descent.
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Samson Edeh
Hi Mr Adetiloye, there is a point of correct in this well written piece of Peter Obi’s biography.
“Peter Obi’s huge net worth has been increased by all of this” that is you referring to the humongous benefits/allowances/pension received by ex-governors. Peter Obi has stated in different TV channels since leaving office to date that he never received/accepted N1 or bottle water from the Anambra state government since he finished his tenure. Please do a proper research on this subject.
Thank you.
Dayo Adetiloye Business Hub
Your point is noted @Samson.