There Are Syndicated Attempts To De-Market Peter Obi – Tanko Yunusa

The Chief Spokesman of the Labour Party Presidential Campaign Organization, Dr Tanko Yunusa, has stated that there are ongoing attempts to de-market Labour Party Presidential Candidate, Peter Obi.

Speaking on AIT’s “Democracy Today,” Yunusa said that they keep making allegations upon allegations about Peter Obi, yet none has been substantiated.

“No single person has said that Peter Obi has forged any document. He is clean and clear

“Their de-marketing keeps making us more popular and acceptable every day, Yunusa said.

He emphasized that Obi’s investment in Anambra culminated in the establishment of Shoprite, a leading one-stop retail store in Onitsha, which the state built in collaboration with the African Capital Alliance under the Private Public Partnership model (PPP).

“Peter Obi administration provided needed facilities that boosted the activities in the area, including dualisation of Park Road, the entrance into the complex, Yunusa said.

The resuscitation of the famous Harbour Industrial Layout at Ogbaru near the commercial city of Onitsha remained one of Obi’s priorities when he was in Government.

Recalled that Peter Obi Administration invested the sum of N1,955,535,247.00 (the equivalent of approximately US$12,616,356.43 at the then average CBN exchange rate of N155.00/$1.00) in Intafact Beverages Limited, a green-field brewery being set up in Onitsha by SABMiller Breweries of South Africa in 2012.

The Naira equivalent of this investment is stated and carried in the Reports of the State Accountant General with the Financial Statements for the fiscal years ended 31st December since then. These are public documents.

Based on this development, AB InBev consolidated and merged all its brewery operations in Nigeria under International Breweries Plc and all shareholders of Intafact Beverages Limited, including Anambra State Government (ANSG), received shares of International Breweries Plc for their respective investments.

Anambra State Government received and still holds 407,321,264 ordinary shares of International Breweries Plc in exchange for its investment in Intafact Beverages Limited.

Based on the NGX closing price of N5.50 as of 20/6/22, these shares were valued at N2,240,266,952 on that date.

Based on the Central Bank of Nigeria I&E exchange rate of N415.75/US$1.00 on same June 20, 2022, this investment was valued at an equivalent of approximately US$5,388,495.37 (and at N604/$1.00 parallel market rate, only US$3,709,051.24).

On the charge that Peter Obi did not do anything in Anambra State, Yunusa stated that the same Soludo who has not put a single block on the ground is busy spoiling someone who has done exceptionally well in Anambra State.

“We’ll wait to see his four years because he might not get a second term and compare his accomplishments to Obi’s.” What Obi accomplished in Anambra state is verifiable, according to Yunusa.

In response to the attack on Soludo, Yunusa stated that people in Anambra are the only ones responding to Soludo, with no response from the Obi team.

“We have nothing to do with the attack on Soludo. Among the other candidates, Peter Obi is the most courteous.”
On the remarks by Soludo that Peter Obi will not win the 2023 Presidential election, Yunusa said, “Soludo is thinking differently while God is thinking differently. God has chosen Peter Obi and not Soludo.”

On Shetimma’s verbal attack on Obi, Yunusa said that Kashim Shettima is scared of Obi’s achievements hence the attack on him.

Related Articles


Please enter your comment!
Please enter your name here

Stay Connected

- Advertisement -

Latest Articles