Presidential candidate of the Nigeria Democratic Congress, Peter Obi, has spoken about how he stepped away from his private business interests after assuming public office as Governor of Anambra State.
He explained that at the time he was declared governor, his company, Next International UK, still had significant ongoing operations. These reportedly included an overdraft of over $7 million and more than 200 containers of goods already in transit.
According to him, immediately after his declaration, he informed his wife to take over the management of his business affairs. He also said he went on to resign from 11 companies on the same day he assumed office.
Obi noted that the decision was driven by his desire to avoid any conflict of interest and to ensure full focus on his responsibilities as a public office holder.
Over the years, the former governor has often referenced his background in business during public engagements, arguing that his experience in the private sector influenced his approach to governance, financial discipline, and public administration.
He was quoted as saying:
“Next International UK as at the day I was declared Governor received an overdraft of over $7m dollars & had over 200 containers on the sea. I phoned my wife and told her to take charge and subsequently resigned from a total of 11 companies on that day.”
“Next International Uk as at the day I was declared Governor received an overdraft of over $7m dollars & had over 200 containers on the sea. I phoned my wife and told her to take charge and subsequently resigned from a total of 11 companies on that day” – Peter Obi NDC… pic.twitter.com/uy4RvRHATi
— Ray (@cousinray_) June 20, 2026
