Peter Obi Biography And Net Worth

Peter Gregory Obi popularly known as Peter Obi is a Nigerian politician and businessman, who was the vice presidential candidate in the 2019 Nigerian general election under the People’s Democratic Party (PDP). He was the former governor of Anambra state serving from 17th March 2006 to 2nd November 2006, when he was impeached and from 9th February 2007 to 29 May 2007 after his impeachment was overturned.

Although a fresh election was held on 29th April 2007 and he won. He was then sworn-in as the governor of Anambra state on 14th June 2007 after a court ruling that he should be allowed to complete a four-year term. He was re-elected to a second-term in office during the 6th February 2010 gubernatorial elections in Anambra state.

Peter Obi is the current Presidential flag bearer of Labour Party in the upcoming 2023 general election. He was born on 19th July 1961 in Onitsha, Anambra state in the south eastern part of Nigeria. He is currently 60 years old. After completing his primary school education, Peter Obi attended Christ the King College, Onitsha, Anambra state, where he completed his secondary school education and obtained his West African Senior School Certificate. After which he was admitted to the University of Nigeria Nsukka in 1980 and graduated with a Bachelor’s Degree in Philosophy in 1984.

After obtaining his first degree, Peter Obi attended Lagos Business School, Harvard Business School, London School of Economics, Columbia Business School and the International Institute for Management Development, where he received certificates in the Senior Executive Program and the Chief Executive Officer Program. He also attended the Kellogg School of Management at the Northwestern University, Said Business School at Oxford University and the Judge Business School of Cambridge University. In 1992, Peter Obi got married to Margaret Brownson Usen and the marriage is currently blessed with two lovely children namely Gabriella and Francis Obi.

Peter Obi contested in the Anambra State governorship election as candidate for the All Progressive Grand Alliance (APGA) in 2003, but his opponent, Dr Chris Ngige of the Peoples Democratic Party (PDP) was declared winner by the Independent National Electoral Commission (INEC). After nearly three years of litigation, Dr Chris Ngige Victory was overturned by the Court of Appeal on 15th March 2006. Peter Obi then took over from Dr Chris Ngige as Anambra State Governor on 17th March 2006.

On 2nd November 2006, he was impeached by the state house of assembly after seven months in office and was replaced the next day by Virginia Etiaba, his deputy, making her the first-ever female governor in Nigeria’s history. Peter Obi successfully challenged his impeachment and was re-instated as the governor of Anambra state on 9th February 2007 by the Court of Appeal sitting in Enugu. Virginia Etiaba handed power back to him after the court ruling.

Peter Obi once again left office on 29th May 2007 following the general elections, which Andy Uba won. Peter Obi returned to the courts once more, this time contending that the four-year tenure he had won in the 2003 elections only started to run when he took office in March 2006. On 14th June 2007 the Supreme Court of Nigeria upheld Peter Obi’s contention and returned Peter Obi to office. This brought to an end of the tenure of Andy Uba, whose 14th April 2007 election was nullified by the Supreme Court on the grounds that Peter Obi’s four-year tenure should have remained undisturbed until March 2010.

On 7th February 2010, the Independent National Electoral Commission (INEC) declared Peter Obi the winner of the 2010 Anambra State gubernatorial election, where he defeated Professor Charles Chukwuma Soludo, a former Governor of the Central Bank of Nigeria (CBN). This election victory gave Peter Obi an additional four years as the governor of Anambra State. On 17th March 2014, Peter Obi served out his second term and handed over the governorship to Willie Obiano.

After the 2015 general election, President Goodluck Jonathan appointed Peter Obi as the chairman of the Nigerian Security and Exchange Commission (SEC).

On 12th October 2018, Peter Obi was named as the running mate to Atiku Abubakar, the People’s Democratic Party (PDP) Presidential Candidate in the 2019 Presidential elections in Nigeria. His party came second while Muhammadu Buhari won. On 24th March 2022, Peter Obi declared his intention to run for the position of President of Nigeria under the platform of the Peoples Democratic Party (PDP), but later pulled out and announced he would be running under the Labour Party platform instead.

According to the Peoples Gazette, Peter Obi wrote to the leadership of the Peoples Democratic Party on 24th May 2022 to resign his membership. Peter Obi reportedly feared that he would be humiliated at party’s presidential primary, citing the existence of a party clique collaborating against him.

In the course of his political career, Peter Obi has received several honors and awards. In 2007, Peter Obi received Sun Newspaper’s Man of the Year. In 2009, Peter Obi received Thisday Newspaper’s Most Prudent Governor in Nigeria. In 2020, Peter Obi received This Day’s Governor of the Decade. In 2009, Peter Obi received Champion Newspaper’s Nigeria’s Most Trustworthy Governor. In 2010, Peter Obi received West Africa ICT Development Award for Governor of the Year. In 2012, Peter Obi received Bill and Melinda Gates Foundation’s Best Performing Governor on Immunization in South-East Nigeria.

In 2012, Peter Obi received Ezeife Foundation Awards on Leadership and Good Governance. In 2012, Peter Obi received Methodist Church of Nigeria’s Golden Award on Prudence. In 2012, Peter Obi received Business Hallmark Newspaper’s Man of the Year Awards. In 2013, Peter Obi received Silverbird’s Man of the Year Awards. In 2014, Peter Obi received The Voice Newspaper’s Award for Outstanding Example in Leadership and Governance.

In 2014, Peter Obi received Champion Newspaper’s Most Outstanding Igbo Man of the Decade. In 2014, Peter Obi received Nigerian Library Association’s Golden Merit Award. In 2014, Peter Obi received Pontifical Equestrian Order of Saint Sylvester Pope and Martyr Awards. In 2015, Peter Obi received Catholic Diocese of Onitsha’s Golden Jubilee Award. Peter Obi is very rich, wealthy and influential with an estimated net worth of $1 billion.

Austine Ikeru
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