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2023: Why Peter Obi’s UK Firm, Next Company Was Shut – LP PCC

The Obi-Datti Media Office has clarified the facts on the circumstances behind the closure of Next International (UK) Ltd, one of Peter Obi’s businesses and a candidate for the Labour Party presidency.

According to Newsmen, the company, which is mostly owned by Obi, was expelled from the United Kingdom by authorities for failing to file its yearly accounts.

According to reports, the corporation was struck off the records in September 2021 as a result of first and second gazette notices of a “compulsory” strike.

UPDATE: UK Govt Struck Off Peter Obi’s Next Company

In the UK, failure to submit annual accounts or neglect to inform Companies House of a change in the official registered office address results in a company being forced to be struck off by creditors or the Companies House.


A company’s information will be deleted from the Companies House record when it has been struck off, and it no longer exists.

But in a statement released on Thursday, Diran Onifade, the head of the Obi-Datti media office, shot down rumors that the company had been shut down by UK authorities.

According to Onifade, the owners voluntarily liquidated the business because it was no longer in use.

He said “Agents of the political opposition unsettled by the high rising profile of the Labour Party flag bearer” were only trying to make “political capital” out of the development.

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He also berated those twisting the resting of Next International (UK) Ltd., saying, “When our principal insists that you go and verify facts about him and the information he dishes out, he didn’t say go and falsify facts.”

The statement read, “For the record, the entity was 99 per cent owned by Next Nigeria International Ltd and established as its buying office in the 90s and Peter Obi was its CEO.


‘At the time Peter Obi became governor of Anambra State in 2006, his wife assumed management of the winding down of the company and about one year ago requested that the company be dissolved under the voluntary strike off of the entity on grounds of dissolution and being inoperational, which is normal in winding up an entity.

“Peter Obi has consistently maintained that he is no longer involved in any Next-related business.

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“The LP candidate by his antecedents in Anambra state for eight years, in private ventures where he held sway his records among the pack in this race for the Presidency, puts him miles ahead in moral rating.”


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