Edo State Governor Monday Okpebholo has insinuated that former Anambra State Governor Peter Obi bears responsibility for the state’s persistent power issues through his alleged connection to Fidelity Bank. Speaking while joining protesters at Ring Road, Benin City, to condemn the “monopoly” of the Benin Electricity Distribution Company (BEDC), Okpebholo stated the state does not want BEDC and noted that Fidelity Bank has “huge shares” in the company.
He added that “we all know who owns Fidelity,” referencing longstanding rumors of Obi’s involvement with the bank—claims Obi has repeatedly and publicly denied. The governor avoided directly naming Obi, stating he doesn’t want to discuss ownership because “tomorrow they [Obi] will say they don’t have anything.” Okpebholo promised to bring new investors to improve the electricity situation in Edo State.
Key Points:
The governor’s remarks publicly air unverified rumors about Obi’s business interests, despite Obi’s repeated denials.
The implication ties a former governor to the state’s infrastructure failures without providing evidence.
Okpebholo’s careful phrasing avoids direct accusation while still suggesting culpability.
The protest context shows the governor aligning with public frustration over power issues.
The promise of new investors signals a potential shift in Edo’s electricity distribution landscape.
Governor Okpebholo’s suggestive comments add a political dimension to Edo’s power crisis, implicating Peter Obi through unsubstantiated bank ownership claims while stopping short of a direct accusation.
Sources: Social Media Video, Agbetuyi faith on X.
"Peter Obi is the reason why Edo don't have lights through Fidelity bank"
Edo State Governor
Monday Okpebolo pic.twitter.com/TTWAxgqoea— Agbetuyi faith (@agbetuyi_faith) March 3, 2026
