A chieftain of the African Democratic Congress (ADC) and former presidential candidate, Peter Obi, has disclosed that he does not own any house or landed property in Abuja, citing a personal decision to avoid what he described as unnecessary stress.
Obi made the disclosure during a coffee hangout with members of the KayhikersClub in Abuja, where he spoke extensively on his lifestyle choices and public service philosophy.
According to him, owning properties in Abuja is not a priority, as he believes accumulating such assets often comes with avoidable pressure. “I don’t have a house in Abuja, I don’t have a land, and I’m not preparing to have one because I don’t need it,” he said.
The former Anambra State governor explained that his minimalist approach has helped him maintain good health and peace of mind over the years. He added that contentment, rather than material accumulation, guides his decisions.
Obi also recounted his time as Chairman of the Securities and Exchange Commission (SEC), noting that he declined official benefits attached to the position. He said he rejected accommodation allowances, official vehicles, sitting allowances, and other entitlements, insisting that he only attended meetings when required.
“You can go and ask whether when Peter Obi was the chairman, did he collect anything?” he said.
Similarly, Obi revealed that during his tenure as Chairman of Fidelity Bank, he declined luxury vehicles such as a Mercedes-Benz or Range Rover, which he said were offered as part of his entitlements.
“I have enough. I don’t need to do giveaways, but what I need, I have,” Obi stated, stressing that public office should not be used as an avenue for personal enrichment.
His remarks have continued to spark discussions on leadership, modest living, and accountability in public service.
