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

Peter Obi’s remarkable N75bn savings – National Mirror

The Citizen by The Citizen
March 28 2014
in Public Affairs, Uncategorized
A A
0

After eight glorious years in the saddle as governor of Anambra State, Peter Obi took a bow on Monday, March 17, 2014, and handed the baton to Chief Willie Obiano at a colourful ceremony in Awka, the state capital. In spite of his tortuous experience in office, Obi’s tenure in the state is historical as he bequeaths Anambra State an enduring legacy that will become the reference point of governance in Nigeria. The ambience and conviviality of the handover event was unprecedented in Anambra State’s history. Indeed, the event lived up to Mr. Obi’s mantra of finishing strong. Anambrans were full of eulogy for a man who is the epitome of true leadership and good governance. Little wonder he left a princely N75 billion in cash and assets. This feat sounds incredible in a country where profligacy in the nation’s corridors of power is a pop culture, and where it is difficult to draw the border line between public wealth and personal estate. The N75 billion included N25 billion local investment portfolio; bank balances of N11.5 billion as at March 14, 2014; Federal Government’s approved refund of N10 billion; and US$155 million (N26 billion) in foreign currency investment.

The accolades that greeted Obi’s spectacular feat are eloquent attestation of Nigerians recognition of excellence. In Nigeria, democracy evokes contrasting imageries for most Nigerians. On the one hand, many that are fortunate to occupy top elective and appointive political positions are envied for the rare opportunity this offered them to improve their material positions in life. The popular imagination is that the call to service comes with the opportunity for self aggrandizement. The concomitant result of this development is that political leaders are distrusted by the people. On the other hand, the exemplary conduct of some of our political office holders has won them public trust and accolades. Nigerians sing their praises and hold them in high esteem. One of such rare species of politicians is Mr. Peter Obi.

With leaders like him, there are rays of hope that Nigeria might not after all be completely doomed. It is not surprising that encomiums have been pouring on him from across the nation’s political and geopolitical divides for his transparency in office, accountability and exemplary leadership in the eight years he ruled Anambra State, a state that hitherto had become a byword for political brigandage. Chief Emeka Anyoku, the former Secretary General of the Commonwealth scored him high in all parameters of good governance. And for the Minister of Finance and Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala, Obi is a role model, hinting that the Dr. Goodluck Jonathan administration would adopt his education policy. We agree with the business magnate, Alhaji Aliko Dangote, who noted that no state had saved so much money and made such investments in addition to mass infrastructural development, the way Obi had done.

It is obvious that Obi was very cognisant of the verdict of history as he traversed the eight years journey in the state. Many of the country’s political leaders have many things to learn from this. But the snag in his success story is if the new administration in the state would sustain the momentum and take the state to the next level. If it does, the painstaking search of a successor would have been worth it. The pressure on Governor Obiano to perform and surpass his predecessor would be enormous. He needs to have the savvy and strong nerves of Mr. Obi to hit the ground running.

It is very unfortunate that Nigeria is one polity where all manner of invidious forces and permutations other than ability come into play in deciding candidates for the topmost political positions, which is why many brilliant and focused past leaders, especially governors, go back to the Senate to escape the boredom of inaction. Nigerians would have wished that a man like Obi would be in reckoning for the highest political office in the land. But whatever the case may be, one thing is clear, the nation has serious need for the likes of Mr. Peter Obi. He is too young to retire.

Previous Post

UBE: FG distributes 3m books to pupils

Next Post

Dwindling power supply – Leadership

Related Posts

Mass presence of governors in off-cycle elections – Punch
Public Affairs

Mass presence of governors in off-cycle elections – Punch

August 27 2026
Clerics must preach peace, not division – Punch
Public Affairs

Clerics must preach peace, not division – Punch

August 25 2026
Tax reform: Northern senators in closed-door meeting as bill scales second reading
Public Affairs

Tax reform must end multiple taxation – Punch

August 24 2026
BREAKING: Kidnapped Oyo pupils, teachers regain freedom
Public Affairs

Terror victims deserve care – Punch

August 21 2026
Unfilled tertiary education spaces debacle – Punch
Public Affairs

Unfilled tertiary education spaces debacle – Punch

August 20 2026
Reps in rowdy session over motion to summon Tinubu
Public Affairs

Accounting for recovered assets – Punch

August 18 2026
Next Post

Dwindling power supply - Leadership

Charting a new course for education – The Sun

Leave a Reply Cancel reply

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

FROM THE GRASSROOTS

Kano, Sokoto, others spend N53.2bn on scholarships abroad

INEC fixes Sept 19 for Kano Assembly by-election

by The Editor
August 27 2026
0

...

Awujale: Ruling House sues Ogun, kingmakers

Awujale: Ruling House sues Ogun, kingmakers

by The Editor
August 25 2026
0

...

Umahi’s son wins Ohaozara chairmanship as APC sweeps all Ebonyi LGAs

Umahi’s son wins Ohaozara chairmanship as APC sweeps all Ebonyi LGAs

by The Editor
August 24 2026
0

...

Adeleke chairmen seize Osun LG secretariats

Adeleke chairmen seize Osun LG secretariats

by The Editor
August 18 2026
0

...

APPOINTMENTS

Tinubu swears in Enitan as new Head of Service

Tinubu swears in Enitan as new Head of Service

by The Editor
August 28 2026
0

...

Tinubu names new Head of Service

Tinubu names new Head of Service

by The Editor
August 19 2026
0

...

Sahara Upstream positions Arahas and SGIR for next growth phase, deepens investment in African oilfield services

Sahara Upstream positions Arahas and SGIR for next growth phase, deepens investment in African oilfield services

by The Editor
August 8 2026
0

...

Police IG deploys new CPs to eight states, other formations

Police IG deploys new CPs to eight states, other formations

by The Editor
August 7 2026
0

...

ODDITIES

Umahi files N2.5b defamation lawsuit against bloggers

Umahi files N2.5b defamation lawsuit against bloggers

by The Editor
August 26 2026
0

Scavengers strip Lagos bridges, homes in widespread theft

Scavengers strip Lagos bridges, homes in widespread theft

by The Editor
August 25 2026
0

Man sets mother on fire in Cross River over witchcraft accusation

Man sets mother on fire in Cross River over witchcraft accusation

by The Editor
August 20 2026
0

GLOBAL NEWS

WHO declares global health emergency over Ebola outbreak in Congo, Uganda

WHO confirms Uganda Ebola-free, as virus continues spread in DRC

by The Editor
August 28 2026
0

...

Nepal flash floods claim160 lives, hundreds still missing after deadly surge

Nepal flash floods claim160 lives, hundreds still missing after deadly surge

by The Editor
August 27 2026
0

...

US pauses immigrant visa applications worldwide

US pauses immigrant visa applications worldwide

by The Editor
August 27 2026
0

...

Iran, Oman agree temporary Strait of Hormuz corridor

Iran, Oman agree temporary Strait of Hormuz corridor

by The Editor
August 27 2026
0

...

Uganda President’s son Muhoozi announces 2031 presidential bid

Uganda President’s son Muhoozi announces 2031 presidential bid

by The Editor
August 27 2026
0

...

State of the States

Kaduna pays N6.7bn monthly on inherited loans, says Uba Sani

Kaduna pays N6.7bn monthly on inherited loans, says Uba Sani

by The Editor
August 28 2026
0

...

Abia traditional rulers endorse Gov. Otti for second term

Abia State begins payment of N61.8bn gratuity arrears

by The Editor
August 25 2026
0

...

Kaduna State approves N300m for KASU lecturers

Kaduna State approves N300m for KASU lecturers

by The Editor
August 24 2026
0

...

Cross River governor assures SPAR fire victims of govt support, promises immediate intervention

Cross River governor assures SPAR fire victims of govt support, promises immediate intervention

by The Editor
August 24 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Ayra Starr to headline NFL London Game halftime show

Ayra Starr to headline NFL London Game halftime show

August 28 2026
Atiku faults Tinubu over cash transfer programme

Atiku faults Tinubu over cash transfer programme

August 28 2026
Kaduna pays N6.7bn monthly on inherited loans, says Uba Sani

Kaduna pays N6.7bn monthly on inherited loans, says Uba Sani

August 28 2026
Peter Obi demands urgent action after mass abduction in Niger

Peter Obi demands urgent action after mass abduction in Niger

August 28 2026

EDITORIAL REVIEW

Mass presence of governors in off-cycle elections – Punch

Mass presence of governors in off-cycle elections – Punch

by The Editor
August 27 2026
0

Clerics must preach peace, not division – Punch

Clerics must preach peace, not division – Punch

by The Editor
August 25 2026
0

Tax reform: Northern senators in closed-door meeting as bill scales second reading

Tax reform must end multiple taxation – Punch

by The Editor
August 24 2026
0

BREAKING: Kidnapped Oyo pupils, teachers regain freedom

Terror victims deserve care – Punch

by The Editor
August 21 2026
0

Unfilled tertiary education spaces debacle – Punch

Unfilled tertiary education spaces debacle – Punch

by The Editor
August 20 2026
0

Opinion

‘Fake’ Agency: Adeyemi insists DG appointment genuine

Fake agencies: Why Nigeria still needs Oronsaye report

by The Editor
August 25 2026
0

...

How Adeleke danced back from the dead

How Adeleke danced back from the dead

by The Editor
August 19 2026
0

...

Adeleke’s win and the cost of winning at all costs

Adeleke’s win and the cost of winning at all costs

by The Editor
August 18 2026
0

...

Airtime credit dispute and need for clarity

Airtime credit dispute and need for clarity

by The Editor
August 5 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.