Nigerian stocks have recorded their most impressive run under any civilian administration since 1999, as the market rallies sharply under President Bola Ahmed Tinubu.

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The presidential candidate of the Labour Party (LP) in the 2023 election, Peter Obi, has revealed how he turned down an offer of a multimillion-naira house, requesting that the funds be used for the public good.

In a statement on Sunday marking his 64th birthday, Obi said he turned down the N120 million house gift during his 50th birthday when he was governor of Anambra state.

While lamenting the scale of suffering and deprivation confronting Nigerians, he called for the redirection of resources to support the country’s health and educational institutions.

Obi noted that while he does not personally celebrate birthdays, he prefers that resources meant for him be redirected to projects that benefit the public.

“I recall vividly when I turned 50 during my time as governor. One institution offered to build me a house in the village. When I asked for the cost, they said ₦120 million. I requested that the funds be used instead to build classrooms in three institutions across Agulu, Ekwulobia and Abatete. They obliged—and the impact was far-reaching.

Like father like son

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