Why Obi Owes Me N50bn, Public Apology – Arabambi

The National Vice Chairman, South-west of the Julius Abure-led factional National Executive Committee, NEC, of the Labour Party, LP, Abayomi Arabambi has issued a 7-day ultimatum to Peter Obi, the presidential candidate of the Nigeria Democratic Congress, NDC, to retract and tender unreserved apology over an alleged defamatory remarks, or face legal action.

In addition, Arabambi is demanding for the whopping sum of N50 billion representing damages done to his public image by Obi’s alleged defamatory statement.

In a pre-action notice dated July 3 ,2026 , issued by Anderson U Asemota ,Peter O Asimegbe and Stanley C Eziefule, his legal team, Arabambi alleged that Obi, in the course of a recent interview on podcast refered to him as ” having no address” a statement he deemed not only false and malicious, but also defamatory.

According to the LP chieftain , Obi’s alleged comment portrayed him as a faceless individual, with no identifiable means of livelihood, residence, and legitimate standing in society.

He expressed serious concern that the NDC Presidential Candidate’s description of him, has considerably injured his reputation, public image, as well as exposed him to public ridicule.

He emphasized that Obi’s comments in the said interview gained traction , with several media platforms , television stations and other digital platforms , including Facebook ,X ( formally Twitter) , Instagram ,Tik Tok ,and Whatsapp feasting on the alleged offensive and defamatory statement .

Arabambi contended that such widespread circulation of the said defamatory interview has significantly impacted negatively his reputation , and lowered his estimation before the public.

The LP factional National Vice-chairman in the pre-action notice noted that contrary to Obi’s remarks , he has been known to be legitimately involved in business and political  activities,as well as  other human endeavours .

“Our client has had a known residential and business address , maintains professional and political affiliations within Nigeria ,and has never been a person whose whereabouts or identity were unknown”.

According to Arabambi ,the natural interpretation of Obi’s remarks by members of the public is that he lacks legitimacy ,has no known place of residence ,no visible means of livelihood ,and undeserving of public confidence.