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Obi at Arewa House, says Nigeria’s Wealth resides in North

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Peter Obi has denied receiving $150m donation from Nigerians in the diaspora

By John Danjuma

The Presidential Candidate of the Labour Party in the 2023 General elections, Peter Obi, has described the Northern Nigeria as the reservoir of the nation’s wealth, promising to give the region premium place in his administration.

Peter Obi has denied receiving $150m donation from Nigerians in the diaspora

This was contained in a statement issued from the Obi-Datti Media Campaign office.

Obi made his presentation titled ‘the unmet Needs of the North’ at the Arewa Joint Committee Interactive Session at the Arewa House Auditorium, Kaduna, on Monday.

He said the region is strategic to the development plans of Obi-Datti administration if elected President in 2023.

Read also>>>Labour Party accuses APC of attacking members in Ebonyi

“We shall pay as much attention to the development of the North as to the development of all other parts of the country; but with greater emphasis on the development of the Agricultural resources. The North remains where the biggest and sustainable wealth of this great Nation lies.”

The LP Candidate said that they intend to pursue aggressively policies, programmes and projects to enhance the productivity and competitiveness of all the sectors of the Nigerian economy.

And will in particular do the following in the North; “offer immediate and decisive long-lasting and permanent-effect resolution of all security challenges in the North; Ensure that farmers return to all farmlands for the 2023 farming Season. We will make Nigeria’s arable land in the North her new oil and gold.

And as part of our Marshall Plan for Education, “we will foster Federal intervention in education at all levels in the North and partnership with State Governments and international organizations in order to improve access to affordable and quality education at all levels; Ensure very adequate representation in government, equitable appointments especially in the Security and Economic Sectors; Incentivize the resuscitation of the moribund cotton and textile industries; and full exploration of the cattle economy value chain, notably the $75b global hide and skin economy.

He announced that Nigeria’s share of the global industry is envisaged to generate over $1bn by 2025; and his administration will ensure very generous deployment and allocation of economic and social projects and infrastructure in the North – with keen attention to Roads, Energy, Power, and Dams- and Solar energy from Sunlight.

Obi said that a new New Nigeria is possible and the Nigerian people want solutions to the many problems confronting them.

“But we must return to the dreams of our founding fathers to create an egalitarian society. The Nigeria we seek will be a United and Secure Nigeria that symbolises the spirit, letters, and exhorting ethos of our national anthem – “one nation bound in freedom, peace and unity” where “peace and justice shall reign.”

The former Anambra state Governor said that Obi-Datti ticket plans to offer Nigerians purposeful leadership with the fear of God and with all good conscience and intent. where the Constitution and the rule of law will always prevail.

Obi also told his audience that includes Northern Corporate and Political leadership that Nigeria situation got this bad because “Our leaders became selfish, myopic and stopped listening and caring for the common man. Bad leadership, divisive rhetoric, and impunity became the norm. Nigerians have suffered; they have lost jobs, and lost their farms and herds and their trust in our leaders. That narrative must change.”

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JUST IN: Ex-Delta Governor Emmanuel Uduaghan Is Dead

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Former Delta State Governor, Dr Emmanuel Uduaghan, has reportedly died, according to sources said to be close to his family.

The sources confirmed the development on Monday, October 19, 2026, although details surrounding the circumstances of his death remained unclear as of the time of filing this report.

“Uduaghan is no more; he is dead,” one of the sources reportedly said.

SEE ALSO: Document reveals Akpoti-Uduaghan demanded N10b damages from husband before marriage, firm reacts

The reported death comes months after claims that the former governor had died circulated on social media before being dismissed by his media aide, Henry Unini.

In June, reports of Uduaghan’s alleged death spread across Facebook and WhatsApp, prompting Unini to publicly debunk the claims and assure the public that the former governor was alive.

“I can tell you for a fact that Dr. Emmanuel Uduaghan is alive,” Unini said at the time.

“Frankly, I don’t know where the writer got his information from. The death of someone is not something you take and write about casually,” he added.

Unini acknowledged at the time that Uduaghan had been experiencing health challenges but maintained that he was receiving medical attention.

“It is now common knowledge that Dr. Emmanuel Uduaghan has been sick, but he is receiving proper medical care,” the media aide said.

He also stated that the former governor was recuperating, assuring the public that there was no immediate cause for concern.

“There is no cause for alarm whatsoever,” Unini said.

The media aide thanked friends, well-wishers and residents of Delta State who contacted the family to verify the former governor’s condition. He also urged the public to avoid spreading unverified information.

“The rumour was uncalled for,” he said while addressing the earlier reports.

As of the time of filing this report, further details about the circumstances surrounding Uduaghan’s reported death had yet to emerge.

 

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Delta Begins ₦5bn Empowerment Scheme for 100,000 Beneficiaries

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Economic Hardship: Delta Protest Aborted, Soldiers Arrest Journalist

The Delta State Government has commenced a ₦5 billion grassroots empowerment programme targeting 100,000 small-scale business owners and other beneficiaries across the state’s 500 wards.

The initiative, announced on Monday, will see each beneficiary receive ₦50,000 to support small businesses, strengthen household finances and stimulate economic activities across the state.

SEE ALSO: Two Arrested as Delta Police Uncover Cache of Illegal Weapons

The Executive Assistant to the Governor on Public Enlightenment (Projects and Policies), Mr Olisa Ifeajika, disclosed this while speaking with journalists in Asaba.

Ifeajika explained that the programme was designed to complement the state government’s investments in critical infrastructure with direct financial assistance to residents.

According to him, Governor Sheriff Oborevwori directed local government councillors to facilitate the distribution of the funds, with each of the 500 wards expected to reach at least 200 beneficiaries.

He added that the initiative reflects the administration’s commitment to improving livelihoods and expanding economic opportunities for Deltans, in line with the people-centred objectives of the MORE Agenda.

 

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Alausa Hails Dangote Foundation’s Plan to Give Four Million Students IPO Shares

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The Minister of Education, Dr Maruf Tunji Alausa, has commended Alhaji Aliko Dangote and the Aliko Dangote Foundation for plans to acquire Initial Public Offering (IPO) shares of Dangote Refinery on behalf of eligible Nigerian tertiary institution students.

Alausa described the initiative as an innovative approach to promoting financial literacy, youth empowerment and wealth creation among young Nigerians.

According to a press release issued by the Federal Ministry of Education on Monday, October 19, 2026, the initiative is expected to benefit up to four million students aged 18 and above, with each eligible student expected to receive 10 IPO shares without requiring prior investment or share purchase.

The minister said the programme would expose students to capital markets, responsible investing and long-term financial planning, preparing them for greater economic participation and financial independence.

He noted that the initiative aligns with the Nigeria Education Sector Renewal Initiative (NESRI) and President Bola Ahmed Tinubu’s Renewed Hope Agenda by connecting education with enterprise, human capital development and inclusive economic growth.

According to Alausa, the initiative reflects the importance of partnerships between the education sector and private organisations in equipping young Nigerians with the knowledge and skills needed to participate in the economy.

He said the Federal Ministry of Education remained committed to strengthening private-sector partnerships to improve educational quality, relevance, equity and efficiency while preparing learners for a changing economy.

While appreciating the foundation’s contribution to youth development, the minister clarified that the ministry’s commendation was based on the initiative’s educational and developmental value.

He stressed that the ministry’s position “does not constitute an endorsement of any particular investment decision.”

Alausa also encouraged other corporate organisations to support similar initiatives that promote financial awareness, economic productivity and entrepreneurship among young Nigerians.

He urged businesses to support NESRI and the Renewed Hope Agenda in building a financially informed and economically productive generation.

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