Why Having House A House Or Land In Abuja Is Not Necessary For Me – Peter Obi

Posted by Samuel on Sat 17th Jan, 2026 - tori.ng

The chieftain of the African Democratic Congress (ADC) made the remark during a coffee hangout with KayhikersClub in Abuja.

Labour Party (LP) 2023 presidential candidate, Peter Obi, has stated that owning a house or landed property in Abuja holds no importance to him.

The chieftain of the African Democratic Congress (ADC) made the remark during a coffee hangout with KayhikersClub in Abuja.

According to Peter Obi, his decision to avoid unnecessary headaches led him not to own property in Abuja.

He said, “I don’t have a house in Abuja, I don’t have a land and I’m not preparing to have because I don’t need it.

“The more you have all these things the more headache you put on your head, for years I have never been sick, why would I? Because it’s not necessary.

“I was the chairman of our regulatory body, Security and Exchange Commission, SEC; the day I was announced, I arrived and the DG showed me a jeep, a Prado and they told me how much allowance I have for accommodation and I told the DG, ‘I just want to come for meetings here, I don’t need anything from you, any day you fix meeting, tell me I would come. I don’t want your sitting allowance, your car, and your house.

"He said it’s my entitlement, but I said whatever I’m entitled to, God has given me.’

“You can go and ask whether when Peter Obi was the chairman, did he collect anything?

“I was Chairman of Fidelity Bank and they told me that I’m entitled to Mercedes 500 or Range Rover, the bank is still there, go and ask them if I collected anything. I told them that I’m the chairman and whatever I need in my house I have, unless you want to bring a headache to yourself.

“I have enough, I don’t need to do give away but what I need I have.”

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