Tribune OnlineTribune OnlineTribune Online
  • Home
  • News
  • Columns
  • Editorial
  • VIDEOS
  • Entertainment
  • Politics
  • Health
  • Opinions
  • SPORTING TRIBUNE
Reading: Alleged N250m Hermès bag: Peter Obi explains source of wife’s money
Share
Notification Show More
Font ResizerAa
Tribune OnlineTribune Online
Font ResizerAa
  • Home
  • News
  • Columns
  • Editorial
  • VIDEOS
  • Entertainment
  • Politics
  • Health
  • Opinions
  • SPORTING TRIBUNE
  • About Us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Advertise
Have an existing account? Sign In
Follow US
© 2026 African Newspapers of Nigeria Plc. All Rights Reserved. | Disclaimer | Privacy Policy | Editorial Policy | Corrections Policy | Terms & Conditions
Home » Alleged N250m Hermès bag: Peter Obi explains source of wife’s money
Politics

Alleged N250m Hermès bag: Peter Obi explains source of wife’s money

Adam Mosadioluwa
September 15, 2026
Share
Add as a preferred source

Peter Obi, presidential candidate of the Nigeria Democratic Congress (NDC), has said his wife, Margaret Obi, has her own business and income, amid controversy over an alleged N250 million Hermès handbag.

Obi made the clarification during an interview in Washington, DC, USA, while responding to questions surrounding the luxury handbag reportedly carried by his wife.

ALSO READ: Peter Obi reacts to Anambra govt’s claim of leaving behind unpaid debts, loans

The handbag has triggered renewed discussions about the former Anambra State governor’s public image of prudence, particularly given his reputation for advocating prudent management of public resources.

Obi, however, said he does not concern himself with how his wife spends her personal money, provided her lifestyle does not interfere with his handling of public funds.

He also recalled that his wife was more sophisticated in her fashion choices before he became governor of Anambra State.

“My wife has her own business and her own money, so what is my business if she buys expensive items with her money?

“The bags and shoes my wife wears, I don’t even know how much they cost. In fact, she is actually a bit less sophisticated now,” Obi said.

The NDC presidential candidate further explained that he did not establish an office of the First Lady during his tenure as Anambra governor.

He also noted that although he does not personally celebrate his birthday, he does not prevent others from marking the occasion.


WATCH TOP VIDEOS FROM NIGERIAN TRIBUNE TV

  • Back to School, Back to Business A Fresh Start

  • Relationship Hangout: Public vs Private Proposals – Which Truly Wins in Love?

  • “No” Is a Complete Sentence: Why You Should Stop Feeling Guilty

  • Relationship Hangout: Friendship Talk 2025 – How to Be a Good Friend & Big Questions on Friendship

  • Police Overpower Armed Robbers in Ibadan After Fierce Struggle


    Get real-time news updates from Tribune Online! Follow us on WhatsApp for breaking news, exclusive stories and interviews, and much more.
    Join our WhatsApp Channel now


TAGGED:NDCPeter Obi
Previous Article Governor Yusuf talking Gov Yusuf Kano traffic lights Kano governor's defection to APC Abba Yusuf, good governance Abba Yusuf, UN Deputy Secretary-General lauds mineral resources Dansoshiya dam in Kano, Governor Yusuf approve school staff, Gov Yusuf assures NYSC Corps members of safety, welfare in Kano Gida-Gida mega city project: 480 housing units yet to begin — Kano govt
Next Article The Kano State Commissioner for Information and Internal Affairs, Comrade Ibrahim Abdullahi Waiya, has condemned the attack on journalists Kano govt dispatches 618 students to schools across Northern states

Most Read

  • We must give our children confidence, capability to be part of digital future — Awolowo Dosumu
    We must give our children confidence, capability to be part of digital future — Awolowo Dosumu
  • South-West public school students develop apps to combat banditry, internet scams
    South-West public school students develop apps to combat banditry, internet scams
  • Uche Ogbodo urges women to walk away from marriages that no longer work
    Uche Ogbodo urges women to walk away from marriages that no longer work
  • Medical Academy installs ex-UNIZIK VC as president
    Medical Academy installs ex-UNIZIK VC as president
  • 24 bag first class as Augustine varsity holds 8th convocation
    24 bag first class as Augustine varsity holds 8th convocation
  • MMA2: Babalakin inspects facility ahead of regional operations
    MMA2: Babalakin inspects facility ahead of regional operations
  • 2027: Why we tolerate 'Tinubu Must Go' protests — APC National Chairman
    2027: Why we tolerate 'Tinubu Must Go' protests — APC National Chairman
  • How I graduated with 5.00 CGPA — UNILORIN best graduating student
    How I graduated with 5.00 CGPA — UNILORIN best graduating student
  • Pastor Jimmy Odukoya introduces new wife to congregation
    Pastor Jimmy Odukoya introduces new wife to congregation
  • Afreximbank, APPO formally establish $5bn Africa Energy Bank
    Afreximbank, APPO formally establish $5bn Africa Energy Bank

Frontpage Today

Subscribe to e-Paper

E-Vending, e paper, pdf, e-paper, Tribune
QUICK LINKS

About Us
Advertise with Us
Contact Us
Privacy Policy
Disclaimer
Editorial Policy
Corrections Policy
Terms & Conditions
COLUMNS

Aplomb
Ask The Doctor
Autoclinic With The Mechanic
Awo's Thought
Empowered For Life
Festus Adebayo's Flickers
Gibbers
Intimacy
Language & Style
Leadership & Management
Lynx Eye
Monday Lines
Mum & Child
Natural Health
Notes from Atlanta with Farooq Kperogi
On The Lord's Day
Your Life Counts

ENTERTAINMENT

Entertainment

RELIGION

Tribune Church
Church News
Muslim Sermon
Eye of Islam
Islamic News

EDITORIAL

Editorial
Opinion
Letters
News Extra

BUSINESS

Capital Market
Money Market

REGIONS

Niger Delta
Arewa
MORE

Sexuality & Health
Special Report
Sports
Tourism
Travelpulse & MICE
Weekend Lagos
Book Review
Education
Event Digest
Crime & Court
Ecoscope
Energy
Maritime
Aviation
Brands & Marketing
Agriculture
Info Tech
Labour
Leadership & Management
Arts & Culture
Arts & Reviews
Politics
Health News
© 2026 African Newspapers of Nigeria Plc. All Rights Reserved. | Disclaimer | Privacy Policy | Editorial Policy | Corrections Policy | Terms & Conditions

Add Tribune Online to your Homescreen!

Add
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?