Former presidential candidate and chieftain of the African Democratic Congress (ADC), Peter Obi, has revealed that he does not own any house or landed property in Abuja, explaining that his choice is a deliberate effort to avoid unnecessary stress and complications.
Obi made the comments during a coffee hangout with members of KayhikersClub in Abuja, where he spoke openly about his lifestyle and approach to wealth and responsibilities. According to him, owning property in the nation’s capital is not a priority because it brings “headaches” that he does not need.
“I don’t have a house in Abuja, I don’t have land and I’m not preparing to have because I don’t need it,” Obi said. “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.”
Obi’s comments come amid a broader discussion in Nigeria about the lifestyles of public officials and politicians. Many Nigerians often associate influence and wealth with ownership of real estate, particularly in Abuja, the country’s seat of power. However, Obi’s statement challenges this expectation, emphasizing prudence and simplicity over the traditional markers of status.
The former Anambra State governor recounted experiences from his time in public service to illustrate his philosophy. He spoke about his tenure as chairman of the Securities and Exchange Commission (SEC), Nigeria’s top regulatory body for capital markets. Upon assuming the position, Obi said he was offered a vehicle, accommodation allowance, and other entitlements, which he politely declined.
“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,” Obi recalled. “I told the DG, ‘I just want to come for meetings here. I don’t need anything from you. Any day you fix a 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.”
Obi added that he never took advantage of the perks of leadership roles for personal gain, a stance he said carried over to other positions he held, including his time as Chairman of Fidelity Bank. He was reportedly offered luxury vehicles such as a Mercedes 500 or a Range Rover as part of his entitlement as chairman but declined these as well.
“I was Chairman of Fidelity Bank, and they told me that I’m entitled to a Mercedes 500 or Range Rover. The bank is still there; go and ask them if I collected anything,” Obi said. “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.”
Peter Obi’s approach highlights a broader trend among some Nigerian leaders who have publicly rejected excessive displays of wealth. In a country where politicians are often scrutinized for their material acquisitions, Obi’s lifestyle stands out as an example of living simply despite holding high office.
The former presidential candidate has previously been celebrated for his frugality and avoidance of corruption, which earned him a reputation as one of Nigeria’s more disciplined politicians. His decision not to own property in Abuja aligns with this reputation, reflecting a conscious effort to focus on service rather than accumulation.
Obi’s remarks have sparked conversations on social media and among political commentators, with many Nigerians praising his principles and dedication to simplicity. For some, his choices resonate with a desire to see public figures live within their means, avoiding unnecessary entanglements that come with wealth and property in the capital.
Abuja, Nigeria’s seat of government, is a city known for its expensive real estate market, where owning property often carries both financial and bureaucratic burdens. For public officials, maintaining homes in the city can involve managing staff, security, taxes, and other responsibilities, which Obi seems keen to avoid.
By declining property ownership, Obi says he reduces personal stress, allowing him to focus on what he considers more meaningful work. He framed this lifestyle as part of a broader philosophy of sufficiency and contentment. “Whatever I’m entitled to, God has given me,” he emphasized. “You don’t need everything that people say you should have. Be content with what you need.”
Peter Obi’s decision not to own land or a house in Abuja may also have practical benefits beyond simplicity. By avoiding property ownership in the capital, he eliminates potential distractions, financial commitments, and risks that can come with real estate management. His choice reflects an intentional lifestyle designed for efficiency and peace of mind.
In recent years, Obi has emerged as a leading figure in Nigerian politics, known for his advocacy of fiscal discipline, transparency, and integrity. His stance on property ownership reinforces his broader message about personal responsibility and avoiding unnecessary complications in both public and private life.
The former governor has often highlighted that leadership should be about service, not personal enrichment. By declining the material perks commonly associated with high office, Obi seeks to demonstrate that success and influence do not have to be measured by wealth accumulation.
His revelations also provide insight into the challenges and temptations faced by Nigerian leaders. In a system where entitlement and perks are often expected, Obi’s refusal to accept them underscores his commitment to principle over personal gain.
For Nigerians, his example raises questions about expectations of leaders and the balance between personal comfort and public service. Obi’s lifestyle is a reminder that discipline and contentment can be as important as status symbols in defining success.