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Peter Obi: Profile of PDP vice presidential candidate
Former vice president, Atiku Abubakar, has selected ex-Governor of Anambra State, Peter Obi as his running mate.
Insiders say Atiku made wide consultations before the decision.
Obi had declared the emergence of Atiku as a good sign for the country ahead of the 2019 general election.
Lamenting that Nigeria had derailed off the paths of development, Obi said that going by “Atiku’s wealth of experience, track record of wealth-creation, knack for identifying excellence among excellent people, detribalised nature and perfect understanding of the ills of the country”, the former VP had all it takes to restore the nation’s glory.
“Having personally followed him in the past six months, listened and interacted with him on a number of issues negatively affecting our society, I observe in him a person who has the burning desire to leave a footprint in the sands of time”, he added.
Below is Obi’s profile
NAME : Mr. Peter Gregory OBI, (CON)
DATE OF BIRTH : 19th July 1961
PLACE OF BIRTH: Onitsha, Nigeria
NATIONALITY: Nigerian
MARITAL STATUS: Married with two children
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)
PREVIOUS POSITIONS
· 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 OF PROFESSIONAL ASSOCIATIONS/ORGANIZATIONS
· Member, Nigerian Economic Summit Group (NESG)
· Member, Nigerian Chartered Institute of Bankers
· Member, British Institute of Directors (IOD)
MEMBERSHIP OF FEDERAL GOVERNMENT COMMITTEES
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
*Federal Government Committee on Mass Transit
*Federal Government Committee on Natural Resource
*National Economic Council Committee on Power Sector Reform
*National Economic Council Committee on Sharing of MDGs Funds
*National Economic Council Committee on Accurate Data on Nigeria’s Oil Import and Export
*Agricultural Transformation Implementation Council
*Sub-Committee on Needs Analysis of Public Universities in Nigeria
*National Economic Council Review Committee on the Power Sector
AWARDS & RECOGNITIONS
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 BabatundeFashola 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
INTRODUCTION OF CONSTITUTIONAL AND OTHER MAJOR CHANGES IN NIGERIAN POLITICS
*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.
*He was the first Governor in Nigeria to legally challenge his wrongful impeachment and was reinstated by the Courts.
*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 cancelled and he was allowed to complete his tenure.
*He was the first Governor to serve a 2nd term in both the new and old Anambra State, that is, almost 40 years after creation of the State.
*He was the first Governor, whilst still in Office, to be appointed a Special Adviser to the President.
*He was the first serving Governor to be appointed into the Presidential Economic Management Team.
*He was among the first Governors to be honoured with a National Award in 2011, while still in office.
*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.
*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.
Served as a member of:
*Federal Government Committee on Minimum Wage
*Federal Government Committee on Negotiation with Labour on Subsidy
*Federal Government Committee on Mass Transit
*Federal Government Committee on Natural Resource
*National Economic Council Committee on Power Sector Reform
*National Economic Council Committee on Sharing of MDGs Funds
*National Economic Council Committee on Accurate Data on Nigeria’s Oil Import and Export
*Agricultural Transformation Implementation Council
*Sub-Committee on Needs Analysis of Public Universities in Nigeria
*National Economic Council Review Committee on the Power Sector
AWARDS & RECOGNITIONS
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 BabatundeFashola 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
The House of Representative member representing Ibarapa East/Ido Federal Constituency, Oyo State, Engr. Aderemi Oseni has felicitated with Barrister Akeem Agbaje, a chieftain of the All Progressives Congress (APC), on his birthday.
Oseni, who also chairs the House Committee on Federal Roads Maintenance Agency (FERMA), in a statement by his media aide, Idowu Ayodele, described the celebrant as a man of integrity and an accomplished legal practitioner whose contributions to politics and governance in the state remain exemplary.
He commended the APC stalwart for his unwavering commitment to democratic ideals and party development, adding that his leadership qualities and dedication to service had earned him respect across political and professional circles.
“Barrister Akeem Agbaje is a brother and friend whose wisdom, integrity, and passion for public service stand out. He has remained one of the pillars of support for our great party and has consistently championed policies that uplift the people,” Oseni said.
The lawmaker lauded Agbaje’s efforts in mentoring young professionals and supporting initiatives that promote education and youth development, noting that his impact extended beyond politics.
Oseni prayed for his continued success, good health, and prosperity.
Nigeria’s Net Foreign Exchange Reserve (NFER) reached $23.11 billion by the end of 2024, marking the highest level in over three years. This significant rise reflects improved external liquidity, reduced short-term obligations, and renewed investor confidence.
According to a statement from the Central Bank of Nigeria (CBN), the latest figure represents a remarkable increase from $3.99 billion at the close of 2023, $8.19 billion in 2022, and $14.59 billion in 2021.
NFER provides a more accurate measure of the country’s foreign exchange buffers by adjusting gross reserves to account for near-term liabilities such as FX swaps and forward contracts. Alongside this, Nigeria’s gross external reserves also grew to $40.19 billion from $33.22 billion at the end of 2023.
The CBN attributed this reserve expansion to strategic measures aimed at reducing short-term foreign exchange liabilities, notably swaps and forward obligations. The central bank also credited the improvement to policy actions designed to rebuild confidence in the FX market and enhance reserve buffers, bolstered by increased foreign exchange inflows from non-oil sources.
“This improvement in our net reserves is not accidental; it is the outcome of deliberate policy choices aimed at rebuilding confidence, reducing vulnerabilities, and laying the foundation for long-term stability,” stated CBN Governor Olayemi Cardoso. “We remain focused on sustaining this progress through transparency, discipline, and market-driven reforms.”
Despite seasonal and transitional adjustments in the first quarter of 2025, including significant interest payments on foreign-denominated debt, the CBN noted that the underlying fundamentals remain strong. The bank expects reserves to continue strengthening over the second quarter of the year.
Looking ahead, the CBN anticipates a steady increase in reserves, supported by improved oil production levels and a more favourable export environment. These factors are expected to enhance non-oil FX earnings and diversify external inflows.
“The CBN remains committed to prudent reserve management, transparent reporting, and macroeconomic policies that support a stable exchange rate, attract investment, and build long-term resilience,” the statement concluded.
President Bola Tinubu has approved a major shake-up in the leadership of the Nigerian National Petroleum Company (NNPC) Limited, removing the Chairman, Chief Pius Akinyelure, and the Group Chief Executive Officer (GCEO), Mallam Mele Kyari.
In a statement released in the early hours of Wednesday by Bayo Onanuga, Special Adviser to the President (Information & Strategy), Tinubu announced the removal of all board members who were appointed alongside Akinyelure and Kyari in November 2023.
The newly constituted 11-member board will be led by Engineer Bashir Ojulari as the new GCEO, while Ahmadu Kida takes over as Non-Executive Chairman.
Also appointed to the board is Adedapo Segun, who replaced Umaru Ajiya as Chief Financial Officer in November 2023. The board includes six non-executive directors representing Nigeria’s geopolitical zones. They are:
Bello Rabiu (North West)
Yusuf Usman (North East)
Babs Omotowa (North Central), former Managing Director of Nigerian Liquefied Natural Gas (NLNG)
Austin Avuru (South-South)
David Ige (South-West)
Henry Obih (South-East).
Additionally, Mrs Lydia Shehu Jafiya, Permanent Secretary of the Federal Ministry of Finance, will represent the ministry, while Aminu Ahmed will represent the Ministry of Petroleum Resources.
The appointments take effect from 2 April 2025.
President Tinubu invoked Section 59, Subsection 2 of the Petroleum Industry Act (2021) to justify the board’s restructuring, emphasising the need to enhance operational efficiency, restore investor confidence, boost local content, drive economic growth, and advance gas commercialisation and diversification.
He also mandated the new board to conduct a strategic portfolio review of NNPC’s operations and joint venture assets to align with value-maximisation objectives.
Since assuming office in 2023, President Tinubu has pushed reforms aimed at attracting investments into Nigeria’s oil sector. In 2024, NNPC reported $17 billion in new investments. The administration now targets $30 billion in investments by 2027 and $60 billion by 2030.
Furthermore, the government aims to increase crude oil production to two million barrels per day by 2027 and three million barrels per day by 2030. Gas production is also projected to rise to eight billion cubic feet per day by 2027 and 10 billion cubic feet by 2030.
Similarly, the new board has been tasked with increasing NNPC’s share of refined crude oil output to 200,000 barrels per day by 2027 and 500,000 barrels per day by 2030.
The new NNPC Board Chairman, Ahmadu Kida, hails from Borno State. A graduate of Ahmadu Bello University, Zaria, he earned a civil engineering degree in 1984 and later obtained a postgraduate diploma in petroleum engineering from the Institut Francaise du Petrol (IFP) in Paris.
Kida began his career at Elf Petroleum Nigeria before joining Total Exploration and Production in 1985. He rose to become Total Nigeria’s Deputy Managing Director of Deep Water Services in 2015 and, in 2024, served as an Independent Non-Executive Director at Pan Ocean-Newcross Group. Beyond the oil sector, Kida is a former basketball player and served as President of the Nigerian Basketball Federation (NBBF).
Engineer Bashir Ojulari, the newly appointed GCEO, hails from Kwara State. Before this appointment, he was Executive Vice President and Chief Operating Officer of Renaissance Africa Energy Company. He recently led a consortium of indigenous energy firms in acquiring the Shell Petroleum Development Company of Nigeria (SPDC) in a landmark $2.4 billion transaction.
Ojulari is also an alumnus of Ahmadu Bello University, Zaria, where he earned a degree in Mechanical Engineering. He began his career at Elf Aquitaine as Nigeria’s first petroleum process engineer before joining Shell Petroleum Development Company of Nigeria in 1991. Over the years, he held key roles in Europe and the Middle East as a petroleum engineer, strategic planner, field developer, and asset manager. In 2015, he became the Managing Director of Shell Nigeria Exploration and Production Company (SNEPCO). He has also served as chairman and board trustee member of the Society of Petroleum Engineers (SPE Nigerian Council) and is a fellow of the Nigerian Society of Engineers.
President Tinubu expressed appreciation to the outgoing board members for their contributions to NNPC Limited, particularly their efforts in rehabilitating the Port Harcourt and Warri refineries, which resumed petroleum production after prolonged shutdowns.
He wished them success in their future endeavours.
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