HomePolitics'Only received $2,000': Pat...

‘Only received $2,000’: Pat Utomi responds to rumours he funded Peter Obi’s campaign on behalf of Tinubu

Nigerian political economy expert and Labour Party (LP) chieftain has reacted to reports that he received funds from the president-elect, Bola Tinubu, to fund LP’s Peter Obi campaign in a bid to weaken the chance of Atiku Abubakar of the Peoples Democratic Party (PDP).

NewsWireNGR reports that Tawfiq Akinwale, Oyo governorship candidate of the Labour Party in the 2023 elections, alleged that Tinubu asked Pat Utomi to relinquish the presidential ticket to Peter Obi.

Speaking during a radio programme on 101.7 YES FM, in Ibadan, the Oyo capital, Akiwale said President-elect Tinubu asked “Utomi to step down for Obi to become the standard bearer of the LP”, adding that the “objective was to reduce the chances of Atiku Abubakar of the Peoples Democratic Party (PDP) in the 2023 elections”.

PHOTO Credit: @PeterObi/Twitter

Reacting, Pat Utomi in a series of tweet on Friday denied the rumour while noting, “Only material transfer from BAT to me in 25yrs we have known is $2000 for MIT event”.

He tweeted; “World of ironies. Last week I participated in a program of the Deliberative Democracy Lab of Standford University’s Center on Democracy, Development and Rule of Law on disinformation in social media unaware I was ongoing victim of disinformation in Nigeria.

“Some fellow pulling up a 9 year old video from an Ileya visit claimed the know of conduit of money through me to PO to uend Atiku. 1st, have had no direct or indirect contact with BAT in 4 years. Only material transfer from BAT to me in 25yrs we have known is $2000 for MIT event.

“In truth I have been much closer to Waziri Atiku who I first met in 1983 and wrote the feasibility for his farm a year later. I have served on the Board of his university, AUN. Only a warped or misinformed mind would invent such disinformation.

“As for funding PO I cannot but be amazed at this disinformation. The outpouring of resources of citizens in support groups and PO’s prudent draw on his own purse was so humbling I even turned to ODs to fund my own activities in support of the campaign for faith in saving Nigeria.

“Truly if any flow from BAT came to me II would quickly withdraw money I spent at his urging in 2007 paid to international PR agency for an Orange revolution type campaign to stop 3rd term but not refunded. Details are in book I wrote 4 years ago. It would have helped my cash flow.

“I entered the 2023 campaigns to build a Third Force to break the race to the bottom and press a reset knob for Nigeria. Stayed elevated with issues and denounced calumnies. Yet some have waged disinformation and calumny campaigns aimed at me. I will continue to refuse to descend.”

- A word from our sponsors -

spot_img

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

Cheta Nwanze: Failed visa Marriages

by Cheta Nwanze The 1990 film Green Card told a relatively innocent...

Digital Marketing for Attorneys

In the competitive landscape of legal services, personal injury and medical...

- A word from our sponsors -

spot_img

Read Now

“No Victor, No Vanquished” — Angbazo calls for unity after Nasarawa ADC Governorship Primary win

LAFIA — Retired General Nuhu Angbazo has emerged victorious from the Africa Democratic Congress, ADC, governorship primaries in Nasarawa State, calling on all party faithful to sheathe their swords and rally behind a common vision for the state's development. In a press statement issued shortly after his victory...

Lazarus Angbazo: The Countries that will lead the AI Economy are being decided right Now — By Their PowerGrids

Nigeria has enough installed generation to power a mid-sized country. The grid delivers less than half of it. Around the world, the race to build AI-ready power infrastructure is already underway — and the decisions African governments and investors make in the next eighteen months will determine...

Cheta Nwanze: Failed visa Marriages

by Cheta Nwanze The 1990 film Green Card told a relatively innocent story: a French immigrant and an American woman enter a marriage of convenience so he can stay in the US. They barely know each other. They hope never to see each other again after the deal...

Digital Marketing for Attorneys

In the competitive landscape of legal services, personal injury and medical malpractice attorneys are finding themselves overshadowed by competitors who dominate online visibility. The root of this issue lies in the digital presence that many firms lack. While traditional word-of-mouth referrals still hold value, the digital age...

Lazarus Angbazo: The global power industry is leaving Africa behind

 Dr. Lazarus AngbazoThe nascent AI revolution is not just driving electricity consumption and massive demand for additional capacity—it is reshaping how power is built, maintained, and delivered. For Africa, the real risk is no longer just insufficient capacity—it is also losing control and ability to manage the capacity it...

Bunmi Onabanjo-Kuku: The first thing you feel when you land in Nigeria

By Bunmi Onabanjo-Kuku The first thing you feel when you land in a country is not its culture, not its cuisine, not its people. It is its airport. That threshold, the space between the jet bridge and the city beyond, tells you everything a nation believes about itself...

Dr. Lazarus Angbazo: Why a fractured world strengthens the case for African Infrastructure

How inflation, energy insecurity, power scarcity, and geopolitical fragmentation are reshaping the risk-return case for African infrastructure By Dr. Lazarus Angbazo At a recent global infrastructure summit, the prevailing mood among institutional investors was unmistakable. Faced with surging capital requirements for energy transition, grid expansion, and digital infrastructure in Europe and...

Aliko Dangote to launch what could become Africa’s largest initial public offering to raise $5 billion from investors

Nigeria’s biggest local investor, Aliko Dangote, is moving ahead with plans to launch what could become Africa’s largest initial public offering, as Dangote Petroleum Refinery & Petrochemicals prepares to raise up to $5 billion from investors. The share sale is expected to open as early as May, with...

Criminal networks have turned Nigeria’s telecom towers into open-air warehouses for theft, looting

Criminal networks have turned Nigeria’s telecom towers into open-air warehouses for theft, looting 656 critical power assets across 14 states in 2025 alone and keeping up the pace in early 2026. The Nigerian Communications Commission (NCC) data showed the haul included 152 generators and 504 batteries stolen from...

Paul Yirenkyi: A call for Caution Needed, President Tinubu and the INEC-ADC Crisis

I have seen enough cycles of tension and resolution to recognise when restraint must prevail over confrontation. The current standoff between the Independent National Electoral Commission (INEC) and the African Democratic Congress (ADC) is one such moment. In early April 2026, INEC withdrew recognition of the Senator...

Nigeria’s opposition landscape appears increasingly fractured, disorganised and strategically weakened

10 months until the 2027 general elections, Nigeria’s opposition landscape appears increasingly fractured, disorganised and strategically weakened. Although no fewer than 21 political parties have been registered by the Independent National Electoral Commission (INEC) to participate in the polls, developments within the parties, including internal crises, litigations and other destabilising factors, may...

Power shortages weaken Nigeria’s business activity 

Nigeria’s business environment continued to expand in March 2026 but slowed as rising input costs and power supply deficits weighed on performance, according to the latest Business Confidence Monitor (BCM) report by the Nigerian Economic Summit Group (NESG). The report indicates that the Current Business Performance Index declined...