By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Wednesday, Oct 28, 2026
9News Nigeria
  • HOME
  • EDITORIAL
  • POLITICS
  • NATIONAL
  • SPORTS
  • WORLD
  • BUSINESS
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
9News Nigeria9News Nigeria
Font ResizerAa
Search
  • Editorial
    • OPINION
  • Politics
  • National
    • Breaking News
    • Boko Haram
    • Crime and Investigation
    • Ohanaeze Ndigbo
  • Business
    • Nigerian economy
    • Investment
    • Finance
  • Sports
  • Entertainment
    • Celebrity
    • Entertainment and lifestyle
    • Hollywood
  • World
    • Africa
    • Asia News
    • Australia
    • Europe
  • About Us
    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us
Follow US
Breaking NewsHot NewsPolitics

JUST IN:Peter Obi deletes tweet giving false figures

Shom Akor
Last updated: December 15, 2018 6:44 pm
By Shom Akor
Share
7 Min Read
Peter Obi
Peter Obi
SHARE
Follow & Subscribe Us:
Subscribe YouTubeFollow FacebookFollow XFollow Instagram

 

The vice-presidential candidate of the Peoples Democratic Party, Peter Obi, caught red-handed for reeling out fake and outlandish figures on Friday night went further low early Saturday: he deleted one of the misleading tweets.

Obi, who told many lies during the debate, was fact-checked and his figure for 2015 was found to be wide off the mark.

 

 

Screen Shot 2018 12 15 at 4.32.22 PM e1544887998278 

2027: Kalu predicts Tinubu victory, urges leaner APC campaign train
Lula wins fourth term as Brazil President in tight Runoff
Ehirim: Credible Elections Are Key to Peace in 2027
Musk Predicts Money Could Lose Relevance in AI Future

Apparently embarrassed, he deleted the tweet and replaced it with another.
Here were his original tweet and the correction he got:
*Obi’s deleted tweet
The fact checking that showed that Obi lied
Obi’s new tweet skirted 2015 and now quoted a figure for 2014.
Peter Obi
✔
@PeterObi

Replying to @PeterObi
Currently, we have a government that is doing what it is not suppose to do. The job of Government is supervision and to create an enabling environment for investments to thrive. #2019debate
Peter Obi
✔
@PeterObi
In 2014, we generated $21bn in FDI, in 2017, Nigeria attracted only $12bn. Unemployment & underemployment was 24% in 2014. In 2017 it is now 40%. Even our stock market has lost over N2Trillion in one year. You can’t shut down your shop and be chasing criminals. #2019Debate

Even that figure was false.

ProShare , an investment company dealing with equities said $2.7billion was what came in in 2014 and it fell to $720m in 2015, rising again to $1.4b in 2016, falling again in 2017 to $980million.

Trading Economies.com said Foreign Direct Investment in Nigeria averaged 1279.72 USD Million from 2007 until 2018, reaching an all time high of 3084.90 USD Million in the fourth quarter of 2012 and a record low of 435.64 USD Million in the second quarter of 2018.

IndexMundi, quoting IMF figures also gave FDI for Nigeria as $5,562,874,000 in 2013, $4,655,849,000 in 2014(far lower than the $24billion quoted by Obi), $3,128,592,000 in 2015 and $4,434,648,000 in 2016. It fell to $3.4billion in 2017, according to World Bank data.

And here is a CBN report on Direct Investments inflow to Nigeria’s economy. The CBN said it increased by 0.7 per cent to US$438.84 million when compared with the preceding quarter of 2018. It however, indicated a decline of 45.0 per cent when compared to the corresponding period of 2017.

“Portfolio Investments inflow to the economy decreased significantly to US$1,790.83 million in Q3 2018 from US$4,233.38 million and US$3,320.84 million in the preceding quarter and the corresponding period of 2017, respectively .

However, other investment liabilities increased slightly to US$4,281.48 million when compared with US$3,226.58 million recorded in the preceding quarter”.
Other lies of Obi:

*Peter Obi lied when he said SMEs get only 0.5% of total bank loans of N19trillion to the private sector in Nigeria. According to CBN, the actual figure is N22.44 trillion and only 0.1% goes to the SMEs, as at March 2018.

*Peter Obi said Nigeria’s unemployment is 42%. But NBS statistics said it was 14.2%.The vice-presidential candidate of the Peoples Democratic Party, Peter Obi, caught red-handed for reeling out fake and outlandish figures on Friday night went further low early Saturday: he deleted one of the misleading tweets.
Obi, who told many lies during the debate, was fact-checked and his figure for 2015 was found to be wide off the mark.

Apparently embarrassed, he deleted the tweet and replaced it with another.
Here were his original tweet and the correction he got:
*Obi’s deleted tweet
The fact checking that showed that Obi lied
Obi’s new tweet skirted 2015 and now quoted a figure for 2014.

Peter Obi
✔
@PeterObi
· 20h
Replying to @PeterObi
Currently, we have a government that is doing what it is not suppose to do. The job of Government is supervision and to create an enabling environment for investments to thrive. #2019debate
Peter Obi
✔
@PeterObi
In 2014, we generated $21bn in FDI, in 2017, Nigeria attracted only $12bn. Unemployment & underemployment was 24% in 2014. In 2017 it is now 40%. Even our stock market has lost over N2Trillion in one year. You can’t shut down your shop and be chasing criminals. #2019Debate

Trading Economies.com said Foreign Direct Investment in Nigeria averaged 1279.72 USD Million from 2007 until 2018, reaching an all time high of 3084.90 USD Million in the fourth quarter of 2012 and a record low of 435.64 USD Million in the second quarter of 2018.

IndexMundi, quoting IMF figures also gave FDI for Nigeria as $5,562,874,000 in 2013, $4,655,849,000 in 2014(far lower than the $24billion quoted by Obi), $3,128,592,000 in 2015 and $4,434,648,000 in 2016. It fell to $3.4billion in 2017, according to World Bank data.

And here is a CBN report on Direct Investments inflow to Nigeria’s economy. The CBN said it increased by 0.7 per cent to US$438.84 million when compared with the preceding quarter of 2018. It however, indicated a decline of 45.0 per cent when compared to the corresponding period of 2017.

“Portfolio Investments inflow to the economy decreased significantly to US$1,790.83 million in Q3 2018 from US$4,233.38 million and US$3,320.84 million in the preceding quarter and the corresponding period of 2017, respectively . However, other investment liabilities increased slightly to US$4,281.48 million when compared with US$3,226.58 million recorded in the preceding quarter”.
Other lies of Obi:

*Peter Obi lied when he said SMEs get only 0.5% of total bank loans of N19trillion to the private sector in Nigeria. According to CBN, the actual figure is N22.44 trillion and only 0.1% goes to the SMEs, as at March 2018.

*Peter Obi said Nigeria’s unemployment is 42%. But NBS statistics said it was 14.2%.

Recommended YouTube Videos on 9News Nigeria TV

You said It's our turn (AWALOKAN), and we voted for you - Woman cries to President Tinubu in Yoruba
We Want Change: Tonto Dikeh, Umar Ganduje, Clamour Need For Youth Inclusiveness
THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN
ECOWAS VS NIGER JUNTA, SUBSIDY REMOVAL HARDSHIP, WIKE TO FACE WRATH OF THE LAW IF...

Powered by www.zebrawebs.com

Like this:

Like Loading…
Share This Article
Facebook Whatsapp Whatsapp Copy Link
What do you think?
Love0
Sad0
Happy0
Surprise0
Angry0
Previous Article jubril 696x348 BREAKING!! Jubril From Sudan: Nnamdi Kanu Suspends Live Broadcast, Reveals Next Next Line Action
Next Article a066fc2201479655fd84009fec64e590 EPL: Manchester City Vs Everton – Gabriel Jesus quashed his second goal in the Premier League
Search
– Advertisement –
Latest News
  • Court Jails Ex-Banker 39 Years Over N2.7bn Fraud October 28, 2026
  • Anambra Reviews Property Tax Rates to End Arbitrary Charges October 28, 2026
  • You Are Jittery, Rainbow Coalition Will Sack APC in Imo — Sam Anyanwu Hits Back at Uzodimma October 28, 2026
  • Anambra Police arrest two suspects over alleged fake news, warn against misinformation October 28, 2026
  • Odibola Properties, Mezie and the Danger of Trial by Social Media: When Facts Must Prevail Over Allegations October 28, 2026
  • FG approves N70,000 monthly transport allowance for Nigerian public workers October 28, 2026
  • Reps Urges FG to Halt School Fee Hikes as Rising Costs Threaten NELFUND Scheme October 27, 2026
  • Gov Uzodinma Warns Imo APC Members Against Rainbow Coalition, Says ‘Face APC’ October 27, 2026
  • Zamfara Police Arrest Man Over Viral Video Allegedly Inciting Religious Violence October 27, 2026
  • No Involvement in Land Grabbing Activities in Rivers, We Are Legit — Odibola Properties CEO Tells 9News Nigeria October 27, 2026
– Advertisement –
9News Nigeria
  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us
World News
  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Global Economy
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics
News Categories
  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • Sober House
  • National Security
Entertainment and Lifestyle
  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships

You May also Like

img 1792878718888 1
Nigeria NewsPolitics

2027: Accord Party Faces Mass Disqualification Suit Over Candidates’ List

October 24, 2026
Screenshot 20260910 163019 1
PoliticsEbonyi

2027 : APC will win Ebonyi convincingly – NDI- ABAT

October 23, 2026
img 1792770360619 1
Nigeria NewsPolitics

Suspected APC Thugs Killed in Attack on NDC Candidate’s Convoy in Ebonyi

October 23, 2026
FB IMG 1792690271464
Nigeria NewsPolitics

‘Rig and Die’: Omo-Agege Threatens Death for Election Riggers Ahead of 2027 Polls

October 22, 2026
Screenshot 20261021 092806 1
Nigeria NewsKaduna

‘Stay Away From North’: Kaduna Cleric Warns Tinubu Over Voters’ Anger

October 21, 2026
Screenshot 20261021 051337
Hot NewsEditorial

Akpabio, Uzodinma: Stop Turning 11th Senate Race Into Circus

October 21, 2026
Show More
  • More News:
  • Europe News
  • National News
  • Politics
  • 9News Nigeria - Nigeria Breaking News
  • Nigeria Politics
  • Imo state
  • Sports
  • Opinion
  • National Security
  • Events
  • Editorial
  • Inspiration
  • Trending news
  • Bible Messages
  • Religion
  • Jesus Christ the saviour
  • World News
  • Crime and Investigation
  • The Love of God
  • Business

9NEWS NIGERIA

  • Editorial
  • Opinion
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us

NEWS CATEGORIES

  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • National Security

WORLD NEWS

  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics

ENTERTAINMENT AND LIFESTYLE

  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

%d