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Peter Obi Addresses African Business Forum at Wharton
Peter Obi, the former governor of Anambra State and a prominent figure in Nigeria’s political landscape, delivered a thought-provoking keynote address at the African Business Forum held at the Wharton School of the University of Pennsylvania, USA.
The event, which has been a platform for discussions on Africa’s progress for over 30 years, brought together over 500 students, many of them from Nigeria and other parts of Africa, to engage in deep conversations about the continent’s future.
Wharton, known as America’s oldest business school, has long been a hub for intellectual dialogue and innovation.
This year’s forum centred on the role young Africans can play in building a prosperous Africa and how the next generation can tackle the continent’s long-standing challenges.
Peter Obi, drawing from his wealth of experience in business and public service, shared insights on leadership, resilience, and community engagement.
During his address, Obi made mention of the immense potential of Africa, emphasizing that the continent is blessed with abundant natural and human resources.
However, he lamented that this potential has often been squandered due to poor leadership and systemic failures over the years.
Speaking directly to the young African students in attendance, Obi stressed that they hold the key to rewriting the continent’s narrative.
He reflects on his journey, from his early days in the trading world to his achievements in corporate life and public service.
He acknowledged the hurdles he faced but underlined the importance of persistence and determination in overcoming obstacles.
Obi states that his experiences taught him the value of resilience and the need to stay committed to one’s goals, regardless of challenges.
Obi also spoke about the importance of leveraging knowledge and education for societal transformation.
As someone who has studied at top global institutions, including Harvard and the London School of Economics, he emphasizes that true fulfilment comes not just from personal success but from using one’s skills and knowledge to improve the lives of others.
He urges the students to engage with their communities at the grassroots level, arguing that meaningful change must start from the bottom up.
Since Uber exited Nigeria, rumours have been circulating over why the company left the country. One of the claims suggested that FAAN was part of the reason for the exit.
The Federal Airports Authority of Nigeria (FAAN) has now addressed the rumours and claims of its involvement in Uber’s decision to leave Nigeria.
FAAN said it could not speak for Uber’s decision, noting that the company likely had its own economic and regulatory considerations for leaving Nigeria.
FAAN’s Managing Director, Olubunmi Kuku, said “I can’t speak to Uber’s exit from Nigeria. I am sure they have their own economic and regulatory decisions as to why they chose to exit.”
Governor of Akwa Ibom, Pastor Umo Eno, reflected on a career choice he made when he had no choice back then.
The governor recalled how he made not less than ₦10 million in a month from selling bread and akara.
He stated “I started selling Akara and bread. Back then, I was doing Akara Burger — we opened the bread and put Akara inside for you. I made not less than ₦10 million in a month.”
Many Nigerians reacted and wondered if his reflection was in response to what the First Lady advised Nigerians earlier about selling corn.
Uber makes headlines in Nigeria as it announces that it is leaving the country. The transportation and logistics business has been in operation in Nigeria since 2014 and suddenly announced its exit on September 2, 2026.
This started with users receiving a message from the team stating that the company would be leaving Nigeria, and the announcement quickly began trending as many Nigerians started talking about Uber’s exit.
Uber shared “We are writing to share some difficult news. After a thorough review of our business, we have made the tough decision to wind down our operations in Nigeria, effective 2 September 2026.
“This wasn’t a decision we made lightly, because it will have a real impact on our teammates and friends who have worked hard for Uber. It’s important to say that these changes are about how we’re organised and what we’re prioritising, not about anyone’s contributions to Uber, which we will always value,” Khosrowshahi said.
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