TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Aiteo Group boss denies funding Obasanjo’s coalition

The Citizen by The Citizen
January 28 2018
in Headlines, Latest News
A A
0
Aiteo Group boss denies funding Obasanjo’s coalition

Billionaire businessman and founder of Aiteo Group, Mr. Benedict Peters, has denied social media reports that he was funding the new coalition reportedly being headed by former President Olusegun Obasanjo.

Peters said this in a statement yesterday.

He said, “For the record, I wish to state, categorically and unequivocally, that I am not a financier of the said organisation or any socio-political partisan association or political party in Nigeria or anywhere else in the world.

“As an international businessman of repute, I have deliberately stayed away from politics preferring, instead, to focus and give my all to the development of my business interests across the African continent.

“Corporate Social Responsibility contributions has seen the Aiteo Group, which I lead, provide investment support in medicine and medical research dedicated to seeking cures for several ailments which affect the African continent as well as investment in sport and sport as a panacea for the development of Africa’s teeming youth population.”

Peters, who is wanted by the Economic and Financial Crimes Commission but was recently declared a legitimate businessman by Justice Ashi Valentine of an FCT High Court, said neither himself nor his company was supporting any political movement.

He said the reports were part of a grand plot to pit him against the Federal Government.

The businessman admitted that he was close to Obasanjo, adding that the former President and his late father were friends and he has remained close to Obasanjo for over 30 years.

Peters, however, stated that the former President had never discussed politics with him.

He added, “In the publishers’ indecent haste to malign the former president and I, amongst others, they demonstrated a shameful shallowness that paid no heed to the very personal nature of our relationship.

“For the avoidance of any doubt whatsoever, I also confirm, categorically, that the former President has, on no occasion, discussed or mentioned any such plan or intention to me.  This situation very pointedly affirms the irrationality and farcicality of the allegations as a whole.”

The billionaire said he would be forced to take legal action against his detractors if they continued to spread rumours about him on social media.

Peters added, “As unconvincing and implausible as these allegations are, I am constrained to take steps to address these unbridled excesses as a means of protecting my family, my business and I from these unwarranted personal attacks.

“Accordingly, I have instructed my lawyers to immediately take steps to obtain a retraction, in the absence of which they are to take all steps available to provide me with protection, remedy and relief.

Previous Post

FG using brute force to cage opposition, judiciary – Ekweremadu

Next Post

APC asks Defence Minister to resign over herdsmen killings

Related Posts

Kogi court judgment on NDC registration illegal, won’t stand – Dickson
Latest News

Kogi court judgment on NDC registration illegal, won’t stand – Dickson

June 27 2026
Remi Tinubu under fire over akara, roasted corn remarks
Human Interest

Remi Tinubu under fire over akara, roasted corn remarks

June 27 2026
Terrorists attack Kogi school, kill vice principal, 2 others
Latest News

Gunmen kill Benue MACBAN chairman after peace meeting

June 27 2026
NDC candidates sign affidavits as party moves against defections
Headlines

Court sets aside judgment recognising NDC as political party

June 26 2026
Senate moves to establish commission for religious harmony
Headlines

BREAKING: Senate passes state police bill, empowers governors to appoint commissioners

June 24 2026
Katsina extends automatic jobs scheme to first-class graduates
Latest News

Katsina State denies sponsoring bandits for Hajj, demands evidence

June 24 2026
Next Post
FG rejects US conditions on sale of fighter jets

APC asks Defence Minister to resign over herdsmen killings

Herdsmen kill three, raze 10 houses in Plateau

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Bauchi Electoral Commission fixes August 17 for LG election

Bauchi Electoral Commission fixes August 17 for LG election

by The Editor
June 19 2026
0

...

Court grants indigenous status to Hausas born in Jos North

Court grants indigenous status to Hausas born in Jos North

by The Editor
June 11 2026
0

...

42-year-old Sheikh Dasuki emerges Chief Imam of Ilorin

42-year-old Sheikh Dasuki emerges Chief Imam of Ilorin

by The Editor
June 11 2026
0

...

His Royal Majesty, Obi Ifechukwude Okonjo II: Progressive Monarch fighting for his people

His Royal Majesty, Obi Ifechukwude Okonjo II: Progressive Monarch fighting for his people

by The Editor
June 4 2026
0

...

APPOINTMENTS

Tinubu appoints new NUC chairman

Tinubu appoints new NUC chairman

by The Editor
June 23 2026
0

...

UK Prime Minister picks ex-army officer Dan Jarvis as new defence ministe

UK Prime Minister picks ex-army officer Dan Jarvis as new defence ministe

by The Editor
June 11 2026
0

...

NCC appoints Princess Oforitsenere Emiko as interim Chairman of the Digital Bridge Institute Governing Board

NCC appoints Princess Oforitsenere Emiko as interim Chairman of the Digital Bridge Institute Governing Board

by The Editor
June 9 2026
0

...

Pres. Tinubu swears in two new ministers

Pres. Tinubu swears in two new ministers

by The Editor
June 8 2026
0

...

ODDITIES

Of bandits and their informants/sponsors

Police, military, others lost 282 rifles to gunmen – Report

by The Editor
June 27 2026
0

Lagos jails 13 for illegal waste disposal

Lagos jails 13 for illegal waste disposal

by The Editor
June 23 2026
0

Auto Draft

Bandits kill Katsina businessman after N5m ransom payment

by The Editor
June 17 2026
0

GLOBAL NEWS

Venezuela earthquakes leave 920 dead, 50,000 missing

Venezuela earthquakes leave 920 dead, 50,000 missing

by The Editor
June 27 2026
0

...

Trump, Iran at odds over nuclear inspections, frozen assets in deal to end war

Trump, Iran at odds over nuclear inspections, frozen assets in deal to end war

by The Editor
June 23 2026
0

...

Keir Starmer announces resignation as UK Prime Minister

Keir Starmer announces resignation as UK Prime Minister

by The Editor
June 22 2026
0

...

Israel, Hezbollah agree to ceasefire

Israel, Hezbollah agree to ceasefire

by The Editor
June 19 2026
0

...

US bids goodbye to Air Force One as Trump’s Qatari jet awaits takeoff

US bids goodbye to Air Force One as Trump’s Qatari jet awaits takeoff

by The Editor
June 19 2026
0

...

State of the States

Sokoto mourns as three soldiers, two policemen die in IED explosion, ambush

Sokoto mourns as three soldiers, two policemen die in IED explosion, ambush

by The Editor
June 23 2026
0

...

Katsina extends automatic jobs scheme to first-class graduates

Katsina extends automatic jobs scheme to first-class graduates

by The Editor
June 22 2026
0

...

Ekiti election: Police restrict movement on Saturday, exempt exam candidates

Ekiti election: Police restrict movement on Saturday, exempt exam candidates

by The Editor
June 19 2026
0

...

Lagos shuts Iddo Bridge for repairs

Lagos shuts Iddo Bridge for repairs

by The Editor
June 17 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Peter Obi names Kwankwaso as running mate

Forces working against my presidential ambition will fail, says Peter Obi

June 27 2026
Obasanjo’s visit to Kwankwaso reinforces support for Obi ticket

Obasanjo’s visit to Kwankwaso reinforces support for Obi ticket

June 27 2026
World Cup: Cape Verde to face Argentina in knockouts after Saudi draw

World Cup: Cape Verde to face Argentina in knockouts after Saudi draw

June 27 2026

NDC legal team studying court ruling voiding party registration — Peter Obi’s aide

June 27 2026

EDITORIAL REVIEW

IMF warns Nigeria as Tinubu plans to borrow $5 billion from UAE lender

Nigeria is bleeding – Punch

by The Editor
June 26 2026
0

Tinubu appoints NECO, NBTE chairmen, names poly rector, renews library DG tenure

Single 6-year tenure, dangerous idea – Punch

by The Editor
June 23 2026
0

Terrorists kidnap Army Major General, wife in Katsina

Another General falls – Punch

by The Editor
June 22 2026
0

Constitution Review: NASS targets Dec 25 for 1st alterations

NASS jumbo pay under scrutiny, again – Punch

by The Editor
June 19 2026
0

Waste crisis in states – Punch

Waste crisis in states – Punch

by The Editor
June 17 2026
0

Opinion

Trump’s U-turn on Iran war ends Israel’s Middle East dream

Trump’s U-turn on Iran war ends Israel’s Middle East dream

by The Editor
June 17 2026
0

...

Terrorists kidnap Army Major General, wife in Katsina

Slain General: When the protectors need protection

by The Editor
June 17 2026
0

...

Bandits attack mosque, kill 1, abduct 9 in Kaduna

When terrorism becomes the talk of town

by The Editor
June 9 2026
0

...

Of bandits and their informants/sponsors

Of bandits and their informants/sponsors

by The Editor
June 1 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.