Next: Obi breaks silence on UK company liquidation

Alade Abayomi ADeleke
Alade Abayomi ADeleke

The presidential candidate of the Labour Party, Peter Obi, has set the record straight on the circumstances surrounding the liquidation of one of his companies, Next International (UK) Ltd.


Obi made his reactions known in a statement signed and issued by the head Obi-Datti Media Office, Diran Onifade, on Wednesday, dismissing speculations that the company was liquidated by UK authorities.


He explained that, contrary to speculations of an enforced liquidation, the owners voluntarily liquidated the firm as it was no longer in operation.


Agents of the political opposition unsettled by the high rising profile of the Labour Party flag bearer were cautioned for trying to make political capital out of the development.


The statement read in part, “For the record, the entity was 99% owned by Next Nigeria International Ltd. and established as its buying office in the 90s and Peter Obi was its CEO.


“At the time Peter Obi became governor of Anambra State in 2006, his wife assumed management of the winding down of the company and about one year ago requested that the company be dissolved under the voluntary strike off of the entity on grounds of dissolution and being inoperational, which is normal in winding up an entity.


“Peter Obi has consistently maintained that he is no longer involved in any Next related business.


“When our Principal insists that you go and verify facts about him and the information he dishes out, it didn’t say go and falsify facts.”

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