In this article, I am going to reveal Peter Obi Net Worth in 2022, and also write about his Biography, Political Career, Achievements, Awards, Educational Background, Age, Family, Personal and Professional Life, and a whole lot more that you’ve not heard or read about him before.
Who is Peter Obi?
This is one of the trending questions asked by people, mostly foreigners and some Nigerians who aren’t familiar with the formal Governor of Anambra State, and the current Presidential candidate of the Labour Party (LP) for the upcoming 2023 General Elections in Nigeria.
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Peter Obi Biography
Peter Gregory Obi (CON) was born in Onitsha on July 19th, 1961. A Nigerian businessman and politician from Anambra state who also served as a two-time Governor of the state between 2006 and 2014. Anambra is located in the Eastern part of Nigeria. In May 2022, he became the flag bearer of the Labour Party (LP) for the President of Nigeria in the upcoming 2023 presidential election after dumping his former party, PDP.
After completing his secondary education at Christ the King College, Onitsha, he proceeded to the University of Nsukka in 1980 where he studied Philosophy and later graduated with a B. A (Hons) in 1984. Thereafter, he ventures into business and banking, and by the early 2000s.
Peter Obi rose to hold numerous executive positions in Banks, some of which was the chairman of Fidelity Bank before entering politics. In 2003, Peter Obi became the flag bearer of the “All Progressives Grand Alliance (APGA)” for the Gubernatorial election in Anambra state and won but his main opponent, Chris Ngige of the People Democratic Party (PDP) was illegally declared the winner of the election.
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This results in a legal battle between both parties but he later reclaimed his mandate after three years which enable him assumed office in March 2006. In November of the same year, a few months after assuming office, he was impeached but he later returned to office in February 2007 after the impeachment was overturned.
In April 2007, he was removed after a new election was conducted but the judiciary helped him return to the office because he was yet to complete his four-year tenure as the governor of the state. After completing his first term as Governor, Peter Obi was later re-elected into the office where he completed his second term as Governor of the state. Anambra state was marked by a lot of improvements in state finances, education, and healthcare during Obi’s tenure as governor.
Peter Obi attains new status in politics after leaving office as governor. He was popularly known as an advocate for good governance and a national political figure. This resulted in him being selected as the running mate of the Presidential candidate, Atiku Abubakar, the flag bearer of the People’s Democratic Party (PDP) for the 2019 general Election.
But they later lost it to the incumbent President, Muhammadu Buhari. in May 2022, Peter Obi left PDP for LP after losing the primary election of the PDP to Atiku Abubakar and became the Presidential candidate of the Labour Party for the upcoming General Election in 2023.
Personal Life and Education.
Peter Obi’s Early Life
Peter Obi turns 61 this year as he was born on July 19th, 1961. He’s an Igbo by tribe and a Christian in the catholic denomination. He hails from Agulu in Anaocha local government Area in Anambra State. Peter Obi is the last among 4 siblings of 2 males and 2 females, but one of his sisters kicked the bucket due to an undisclosed ailment.
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His brother, Josephat Ndibe Obi is a manager of one of his companies, and the other, Dr. Fabian Chinwuba Obi is a Reverend Father. As a child, Peter Obi lived with his family in the city of Onitsha, Nigeria. His parents, who are devout Catholics and business owners in the commercial city of Onitsha, ran a very popular supermarket. Peter Obi once revealed he inherited 170 million US dollars from his parents. This shows that his parents were very rich.
Wife and Family
Peter Obi married Margaret Brownson Obi (née Usen) in 1992. They have two children – a boy and a girl. Obi is a Catholic of Igbo descent.
Peter Obi’s Educational Background
Because of the influential status of his parent, Peter Obi has a very strong educational foundation., He completed and obtained his secondary school certificate at Christ the King College (C.K.C), Onitsha after completing his primary education at Santa Maria Primary School in Onitsha, and then got admitted to the University of Nigeria, in 1980, and graduated with a B.A. (Hons) in philosophy in 1984.
He later furthered his studies at Lagos Business School, where he completed the Chief Executive Program, and Harvard Business School, where he completed two major programs, the 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.
Peter Obi also attended the Kellogg School of Management of Northwestern University, Said Business School of Oxford University, and the Judge Business School of Cambridge University.
Peter Obi Pre-Political Career
Before Peter Obi ventured into politics, he was a very Successful Businessman and also held numerous leadership positions in several top organizations and banks in Nigeria. He was the formal chairman of Fidelity Bank Plc and also, according to him, he owns and controls several International franchises such as South African International Breweries, Heinz products, Ovaltine, etc. here in Nigeria and also owns a major share in three Nigerian commercial banks and in a multinational firm called Blue Chip companies.
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Peter Obi also own one of the biggest shopping centers in the FCT called “NEXT”. According to one of his interviews, he made a remark about how he started life as a trader before entering the corporate world. Some of the companies Peter Obi served include Next International Nigeria Ltd, Chairman, and Director of Guardian Express Mortgage Bank Ltd, Guardian Express Bank Plc, Future View Securities Ltd, Paymaster Nigeria Ltd, Chams Nigeria Ltd, Data Corp Ltd, and Card Centre Ltd. He was the youngest chairman of Fidelity Bank Plc.
Peter Obi Political Career
2003 was the year Peter Obi joined politics and contested the gubernatorial election in Anambra state under the platform of the All Progressive Grand Alliance (APGA) but his opponent, Chris Ngige of the People’s Democratic Party (PDP), was declared the winner by the Independent National Electoral Commission (INEC).
This resulted in him going to court to seek justice and on March 15th, 2006, the cult overturned Ngige’s victory and Peter Obi regained his mandate. On November 2nd, 2006, After 7 in office, the state house of assembly impeached him, and his deputy Dame Virginia Etiaba was sworn in.
This gave birth to the first female governor in Nigeria. Peter Obi again took the matter to court to challenge the impeachment and it was successful. He was later reinstated on February 9, 2007, after winning the case.
Peter Obi once again left office on 29 May 2007 after the general election, in which Andy Uba of the PDP was declared the winner by the electoral body. Mr. Obi did not give up but returned to the court to contest that the four-year tenure he had won in the 2003 elections only started to run when he took office in March 2006. On 14 June 2007, the Supreme Court of Nigeria upheld Obi’s contention and returned Obi to office.
This brought an abrupt end to the tenure of Obi’s successor, Andy Uba. The Supreme Court nullified the election on the grounds that Obi’s four-year tenure should have remained undisturbed until March 2010.
On 7 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, former governor, CBN. This gave Governor Obi an additional four years as the governor of Anambra State. On March 17, 2014, Peter Obi handed over power to Willie Obiano. According to records, Peter Obi remained a hero in Anambra State as his tenure saw tremendous growth in various sectors of Anambra State’s economy.
After leaving office as governor, Peter Obi continue being active in politics. He was later appointed as the chairman of the Nigerian Security and Exchange Commission (SEC) by President Goodluck Jonathan. Thereafter, become the running mate of Atiku Abubakar, the presidential candidate of the People’s Democratic Party during the 2019 general election but lost to the incumbent president.
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On March 24, 2022, Peter Obi announced his intention to run for president of Nigeria under the People’s Democratic Party. After two months, on May 24, he pulled out from PDP and declared that he would now be running under Labour Party instead. According to reports, Mr. Obi feared that he would lose at the party’s presidential primaries, considering the existence of a party clique plotting against him. On the contrary, he complained about the outrageous bribing of delegates and buying of votes at the party’s presidential primary, hence why he left the party.
Educational Institutions Attended
- Christ the King College, Onitsha (W.A.S.C)
- University of Nigeria, Nsukka (B.A. Philosophy)
- Lagos Business School, Nigeria (Chief Executive Program)
- Harvard Business School, Boston, U.S.A. (Mid to Mid Marketing)
- Harvard Business School, Boston, U.S.A. (Changing the Game)
- London School of Economics (Financial Mgmt/Business Policy)
- Columbia Business School, New York, U.S.A. (Marketing Mgmt )
- Institute for Management Development, Switzerland (Senior Executive Program)
- Institute for Management Development, Switzerland (Break-Through Program for CEOs)
- Kellogg Graduate School of Management, U.S.A. (Advanced Executive Program)
- Kellogg School of Management U.S.A. (Global Advanced Mgmt Program)
- Oxford University: Said Business School, (Advanced Mgmt& Leadership Program)
- Cambridge University: George Business School (Advanced Leadership Program)
- Governor, Anambra State of Nigeria (2006-2014)
- Honorary Special Adviser to the President on Finance (till May, 2015)
- Member, Presidential Economic Management Team (till May, 2015)
- Vice-Chairman, Nigeria Governors’ Forum (2008-2014)
- Chairman, South-East Governors’ Forum (2006-2014)
- Former Chairman: Board of Securities and Exchange Commission (SEC)
- Former Chairman: Fidelity Bank Plc
- Former Chairman: Guardian Express Mortgage Bank, Ltd.
- Former Chairman: Future Views Securities, Ltd.
- Former Chairman: Paymaster Nigeria Plc.
- Former Chairman: Next International (Nigeria) Ltd
- Former Director: Guardian Express Bank Plc
- Former Director: Chams Nigeria Plc.
- Former Director: Emerging Capital Ltd.
- Former Director: Card Centre Plc
Membership In Professional Associations/Organizations
- Member, Nigerian Economic Summit Group (NESG)
- Member, Nigerian Chartered Institute of Bankers
- Member, British Institute of Directors (IOD)
Membership In Federal Government Committees
- National Economic Council Committee on Accurate Data on Nigeria’s Oil Import and Export.
- Federal Government Committee on Mass Transit.
- Federal Government Committee on Natural Resources.
- National Economic Council Committee on Power Sector Reform.
- National Economic Council Committee on Sharing of MDGs Funds.
- Sub-Committee on Needs Analysis of Public Universities in Nigeria.
- National Economic Council Review Committee on the Power Sector.
- Agricultural Transformation Implementation Council.
- In my capacity as the Governor of Anambra State, I served as a member of:
- Federal Government Committee on Minimum Wage.
- Federal Government Committee on Negotiation with Labour on Subsidy.
Peter Obi Net Worth 2022
According to Forbes, Peter Obi net worth in 2022 is estimated to be $12 million US dollars plus other valuable assets and businesses around the world.
Peter Obi Achievements
What are the Achievements of Peter Obi in Anambra state?
Below contains a detailed list of Peter Obi’s achievements while he was governor of Anambra state.
Peter Obi’s Achievements as a Governor.
1. Anambra was the first state to commence Sub-Sovereign Wealth savings, the first of its kind in Sub-Saharan Africa during his tenure.
2. At a time when many other governors were leaving huge debts, Peter Obi left the equivalent of $500 million dollars in investment as well as local and foreign currency, including $156 million in dollar-denominated bonds.
3. For the first time in the history of Anambra State, Ambassadors and High Commissioners of notable countries such as the United States, Britain, Russia, the European Union, South Africa, Belgium, Israel, the Netherlands, and Canada, among others, visited the State.
4. Before his tenure, Anambra was practically a pariah state, blacklisted by the Diplomatic Corps and international development partners, but he change that.
5. Development partners such as UNDP, UNICEF, the World Bank, DFID, the European Union, etc., which hitherto were not in Anambra State, started working with the state.
6. Anambra was consistently adjudged one of the best states in development partnership and commitment to reforms for good governance.
7. He was recognized as the Best Governor by the Millennium Development Goals Office (OSSAP-MDGs) and the UNDP in the implementation of their programs in Nigeria.
8. The Nigerian Debt Management Office (DMO) rated Anambra as the least indebted state in Nigeria. In spite of visible and measurable achievements recorded in various sectors, the state under him did not borrow or raise bonds for its various projects.
9. The Senate of the Federal Republic of Nigeria rated Anambra State as the most financially stable state in the country.
10. The State’s ground-breaking return of schools to their original owners—Voluntary Agencies (Churches) on January 1st, 2009, and subsequent partnership with the Agencies in Education, saw the State move from 24th position out of 36 States to Number One in National Examination Council (NECO) and West African Examination Council (WAEC) examinations for three consecutive years.
11. This prompted the World Bank to commission a study, led by the renowned Prof. Paul Collier of Oxford University, on this revolutionary partnership and phenomenal achievement.
12. The State also entered into a strategic partnership with the churches in the health sector. This symbiotic relationship resulted in a tremendous boost to health care because of the services offered by health institutions owned by Voluntary Agencies, while the State restored grants to the agencies and made available to them more than 50 million dollars in various types of support.
13. Through a partnership with the Church in the health sector, his government funded the transformation of:
i. Iyienu Hospital, Ogidi.
ii. Our Lady of Lourdes Hospital, Ihiala.7.
iii. St Charles Borromeo Hospital, Onitsha.
iv. Holy Rosary Hospital, Waterside, Onitsha.
v. St. Joseph Hospital, Adazi-Nnukwu.
14. His government also built the Joseph Nwilo Heart Centre in St. Joseph, Adazi-Nnukwu, where heart operations are now being performed.
15. His government won the Bill and Melinda Gates Foundation (1 million dollars) as the best-performing state in immunization in the South-East.
With complementary funding from our government, they used the money to build 10 maternal and child care centres across the State, particularly in rural communities, in partnership with the churches.
16. The State was the first to procure and distribute more than 30,000 computers to secondary schools, including 22,500 from HP. The Managing Director for Personal Systems Group HP Inc, Mr. FabriceCampoy, described the deployment as the biggest of such projects in the Middle East and Africa.
17. The Anambra State Government provided Microsoft Academies to more than 500 secondary schools, which the Head of Microsoft in Nigeria (Mr. Ken Span) described as the biggest such deployment in Africa so far.
18. The State provided Internet access to more than 500 secondary schools, which the CEO of Galaxy Backbone (Mr. Gerald Ilukwe) characterized as incomparable to any in the country.
19. More than 700 buses were provided to secondary schools in the state by our government.
20. Boreholes were provided in schools all over the state.
21. Numerous classrooms were built in all 177 communities of the state.
22. As part of the efforts to turn around the economy of the state, a number of companies were attracted to build their facilities in Anambra State. A case in point is SABMiller, the 2nd largest brewery in the world, which built its first greenfield facility in the state, and is today one of the most successful facilities they operate globally.
23. A number of other companies followed the SABMiller initiative and were all supported and encouraged by our government; a good example is the INNOSON Motor Manufacturing Company, from which our government bought more than 1,000 vehicles.
24. Anambra State, for the first time, started close collaboration with recognized government security agencies (the Police, Army, Navy, Department of State Security, and Civil Defence, among others), offering them various types of support, including the provision of more than 500 security vehicles.
The improvement in security was phenomenal, such that the former IG of Police (Abubakar Mohammed) lauded Anambra State for not witnessing any bank robbery in his last three years in office.
25. To further enhance security, Anambra State provided at least one security vehicle to each of all the 177 communities in the state, as well as various organizations such as markets and churches.
26. His administration conceived and built, from scratch, the first state-owned teaching hospital, Chukwuemeka Odumegwu-Ojukwu Teaching Hospital, Awka.
27. His government commenced the planned development of the Igbariam Campus of the ChukwuemekaOdumegwu-Ojukwu University, including the fencing, construction of internal roads, electrification, and construction of the Faculty of Law, Auditorium, Administrative Block, Faculty of Agriculture, and Management Building, among others).
28. His government attracted the World Bank’s support on erosion – the National Erosion and Watershed Management Project (NEWMAP) – to Anambra State.
29. His government was the first to do poverty mapping in Nigeria as a guide for the effective implementation of our poverty-alleviation strategies.
30. His government, for the first time, undertook the aerial mapping of Awka as well as the production of structural plans for the Awka Capital Territory, Onitsha, and Nnewi.
31. During his tenure and with his government’s support, Anambra State became an oil-producing state.
32. He built the first Secretariat Complex to house State Government Ministries that were hitherto scattered around the State.
33. His government commenced the development of the ‘Three Arms Zone’ comprising Government House/Governor’s Lodge, Legislative Building/Speakers’ Residence, and the Judiciary Building with Chief Judge’s Residence.
34. By the end of his tenure in 2014, more than twelve (12) health institutions, including two hospitals, had secured accreditation; when we took off in 2006, no health institution in Anambra State was duly accredited.
35. Anambra State was the first to undergo a national peer review, which scrutinized state governments for good governance, through the State Peer Review Mechanism (SPRM), an initiative of the Nigerian Governors’ Forum in collaboration with the DFID.
36. He was the first gubernatorial candidate in Nigeria to legally challenge to its logical conclusion, his governorship electoral victory that was denied him. He won in the Courts and reclaimed his mandate.
37. He was the first Governor in Nigeria to legally challenge his wrongful impeachment and was reinstated by the Courts.
38. He was the first Governor in Nigeria to seek the interpretation of tenures of Governors when INEC allowed elections to take place in Anambra State when his tenure had not expired; the election already concluded was canceled and he was allowed to complete his tenure.
39. He was the first Governor to serve a 2nd term in both the new and old Anambra State, that is, almost 40 years after the creation of the State.
40. He was the first Governor, whilst still in Office, to be appointed a Special Adviser to the President.
41. He was the first serving Governor to be appointed to the Presidential Economic Management Team.
42. He was among the first Governors to be honored with a National Award in 2011, while still in office.
43. Though the only Governor whose political party was in government in only one State, he was elected Vice-Chairman of the Nigeria Governors’ Forum twice.
44. Though the only non-PDP Governor in the South-East (made up of 5 States), he was elected by the other 4 PDP Governors as their Chairman for 8 years rather than the usual one year.
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Peter Obi Awards, Honors, and Recognition?
The list below contains Peter Obi Awards, Honors, and Recognition.
2015: Golden Jubilee Award from Catholic Diocese of Onitsha for outstanding contribution to quality healthcare delivery in St. Charles Borromeo Hospital in particular and Anambra State in general, on the occasion of the Golden Jubilee celebration of the hospital.
2014: Nigerian Library Association Golden Merit Award for remarkable improvement of libraries in Anambra State, exemplified by our Government’s construction of the Kenneth Dike Digital State Library, remarkable upgrade of the Onitsha Divisional Library, and provision of library facilities in secondary schools across the State.
2014: Champion Newspaper Most Outstanding Igbo Man of the Decade.
2014 The Voice Newspaper (Holand) Achievers Award for Outstanding Example in Leadership and Governance.
2013: Silver Bird Man of the Year (with Governor Babatunde Fashola of Lagos State).
2012: Business Hallmark Newspaper Man of the Year.
2012: The Golden Award on Prudence – by the Methodist Church of Nigeria as the Most Financially Prudent Governor in Nigeria.
2012: Leadership and Good Governance Award by The Ezeife Leadership Foundation Award for restoring peace and harmony to Anambra State.
2012: Best Performing Governor on Immunization in South-East Nigeria – by Bill & Melinda Gates Foundation.
2012: Outstanding Financial Planner and Manager – by the Church of Nigeria, Anglican Communion for my resourcefulness and creativity in governance.
2011: Zik Leadership Prize
2010: ICT Governor of the Year – by the West Africa ICT Development Award.
2009: Champion Newspaper Nigeria’s Most Trustworthy Governor Award.
2009: Thisday Newspaper Most Prudent Governor in Nigeria.
2007: The Sun Newspaper Man of the Year Award.
The Nigerian MDGs Office/UNDP Best Governor in the Implementation of the MDGs in Nigeria
Peter Gregory Obi is one of the few politicians in Nigeria that is loved by the majority of the people from every part of the country. This is possible because of his exemplary lifestyle as a public figure and the good example he’s shown as a good leader.
In this article, I highlighted some of the information about Peter Obi that not so many people have not come across on the internet. I hope you enjoyed reading, If so, please kindly share with your Followers and friends on social media.
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Peter Obi FAQ
The List Below Contains Frequently Asked Questions about Peter Obi net worth, family, businesses and more.
Which Village is Peter Obi From?
Peter Obi hails from Agulu in Anaocha local government area in Anambra State.
Who is Peter Obi's Wife?
Margaret Brownson Obi (née Usen). They got married in 1992 and gave birth to 2 children
What is Peter Obi Net Worth?
Peter Obi is said to be worth more than $12 million US dollars, according to Forbes.
What are the names of Peter Obi's Children?
Gregory Peter Oseloka Obi - Son
Gabriella Nwamaka Frances Obi - Daughter
List of Peter Obi's Company?
Next International Nigeria Ltd,
Chairman and Director of:
Guardian Express Mortgage Bank Ltd,
Guardian Express Bank Plc,
Future View Securities Ltd,
Paymaster Nigeria Ltd,
Chams Nigeria Ltd,
Data Corp Ltd and Card Centre Ltd.
He was the youngest chairman of Fidelity Bank Plc.