Peter Obi says he is a billionaire in naira but not dollars, explaining how the currency used affects the billionaire classification. The former Anambra State governor made the clarification during an interview after journalists directly questioned him about his financial status.
When asked whether he considered himself a billionaire, Obi acknowledged that his wealth qualifies for billionaire status when measured using Nigerian currency. However, the 2027 presidential candidate clarified that he does not consider himself a billionaire when his wealth receives dollar valuation.
“You know they calculate billionaire in dollars. In naira, yes I am in naira but not in dollars,” Obi explained during interview. He further noted that international billionaire rankings generally use the United States dollar when determining whether individuals meet that financial threshold.
Obi’s comments have generated significant online discussion, with social media users debating his business background, wealth, and personal financial position. The billionaire in naira but not dollars statement has particularly attracted attention because of Obi’s public profile and political career.
Throughout his public life, Obi has frequently discussed business, investment, financial management, and the importance of prudent resource management. The former governor also previously described himself as a businessman before entering political office and serving as Anambra State governor.
His latest remarks provide a direct explanation of how he personally distinguishes between billionaire status measured in naira and dollars. Nevertheless, Obi did not disclose a specific figure for his total assets or provide a detailed breakdown of his personal wealth.
Consequently, the statement should be understood as Obi’s own description of his financial standing rather than an independently verified net-worth assessment. The discussion comes as Obi remains a prominent figure in Nigeria’s political landscape ahead of the 2027 general elections.
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