Peter Obi $155 million confirmation from Alex Otti is back in the news — the Abia governor reveals his role as Diamond Bank CEO in the historic handover.
Abia Governor Alex Otti woke up this morning and confirmed it again — Peter Obi left $155 million for Anambra State on his way out of office. And Otti did not just say he knows about it. He said he was directly involved, that he was Diamond Bank CEO when it happened and that it was his advice that led Obi to leave the money in dollars rather than naira.
People have heard this story before. But Otti has a way of telling it that makes it feel current every single time.
Because he does not tell it from the outside. He tells it from inside the room where the decision was made. He was sitting there. He was the banker. He was the one giving the advice. That is not a secondhand account and he wants you to understand the difference.
His words were direct. Peter Obi left $155 million. He said he can attest to that. And then he added a detail that most versions of this story leave out — Obi initially wanted to leave the money in naira. It was Otti himself, sitting in his position as Diamond Bank CEO at the time, who advised him to keep it in dollars instead.
That one detail matters more than it might seem on the surface.
Because it means the decision to preserve that money in a currency that would hold its value against inflation and exchange rate fluctuations was not just Peter Obi acting alone.
It was a deliberate financial decision made with professional advice from someone who understood what leaving billions in naira would do to the real value of that money over time. The Peter Obi $155 million was not just left. It was protected.
For context, $155 million at the exchange rates of the period Obi was leaving office represented an extraordinary sum for any Nigerian state government to be handing over intact to a successor. Nigerian governance has not historically been associated with outgoing administrations leaving anything behind, let alone foreign currency reserves of that scale.
Peter Obi $155 million
The pattern that most Nigerians are familiar with is the opposite — states that are broke at transition, funds that cannot be accounted for, handovers that happen on paper while the actual money is somewhere else entirely.
Obi handed over a functioning financial inheritance. At the time this happened Otti had nothing political to protect or promote. He was running a bank. His job was to handle money carefully and account for it accurately. A man in that position does not casually attach his name to a figure that is not true. The professional cost of that would be too high.
The $155 million has been one of the most repeated numbers in Nigerian political circles since Peter Obi stepped onto the national stage in 2023. For the people who believe in him it is not just a talking point. It is the clearest available evidence of what he actually does when he is in charge of public money. Peter Obi $155 million
His critics have questioned the figures, the context and whether the money translated into actual development on the ground for ordinary Anambra people. Peter Obi $155 million
What Otti’s statement this morning adds to that conversation is a first-person account from someone who was not a political ally at the time and had no electoral reason to be telling this story favorably. He was a banker doing his job. The account he is giving is the account of a professional who sat across the table from Obi during that transition and remembers it clearly enough to repeat it years later with specific details attached. Peter Obi $155 million
That is a different kind of testimony from a campaign surrogate saying their candidate is trustworthy. That is someone who was there saying what they saw.
Whether you are a Peter Obi supporter, a skeptic or someone who has simply been watching Nigerian politics long enough to want evidence before forming opinions, the Peter Obi $155 million story now has one more layer of documented first-hand confirmation sitting on top of it.
And it came, not from a rally, not from a campaign office, but from a sitting governor who used to be a banker and who is telling you he gave the man advice about where to park the money. Peter Obi $155 million
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