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April 19, 2026 - 5:46 AM

Next UK Liquidation: Obi-datti Office Clears Air

The Labour Party Presidential Candidate, Peter Obi, has come out to clear the air on the circumstances surrounding the liquidation of one of his companies, Next International (UK) Ltd.

In a statement on Thursday, signed by Mr First Onifade, copy of which was circulated to journalists, the Obi-Datti Media Office dismissed speculations that the company was liquidated by the UK authorities.

The statement noted that the owners voluntarily liquidated the firm as it was no longer in operation.

The Media office lambasted agents of the political opposition unsettled by the high rising profile of Obi for trying to make political capital out of the development.

The statement signed by Head of Obi-Datti Media Office, Mr Onifade, said: “For the records, the entity was 99% owned by Next (Nig) 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.”

The statement pointed out that “Peter Obi has consistently maintained that he is no longer involved in any Next related business.”

Berating those twisting the resting of Next International (UK) Ltd., the statement said: “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.

“The LP candidate by his antecedents in Anambra state for eight years, in private ventures where he held sway his records among the pack in this race for the Presidency, puts him miles ahead in moral rating.”

The Media office believes the explanation and clarification will put to rest, any further chasing of the wind  over the matter by political jobbers in the opposition camps.

 

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