TheCable Fact Check
  • Home
  • Fact Check
  • Fake News
  • Check Am For Wazobia
Reading: FACT CHECK: No, Soludo didn’t say Peter Obi’s investment in SABMiller is worth $100m
Share
Latest News
FRSC sị̀ nà íhé ńgósị́ ébé ńdị́ ọ́rụ́ ha nà ónyé ọ̀kwà ụ́gbọ́àlà nà-ènwé ńsògbụ́ mèrè n’áfọ̀ 2020
FRSC sọ pé 2020 ni ìjà láàárín àwọn òṣìṣẹ́ àwọn àti onikẹkẹ maruwa tí áwọn ènìyàn ń pín fídíò rẹ̀ ṣẹlẹ̀
Viral video wey show kasala between keke rider and our officers na from 2020, na so FRSC tok
Bidiyon bidiyo na arangama tsakanin direban babur, jami’an mu daga 2020, in ji FRSC
È nwélá ọ́nwụ́ ńdị́ ụ́kà nà Naijiria n’áfọ̀ 2025 kárị́á ọ́nụ́ ọ́gụ́gụ́ ndị́ Palestinian é gbụ́rụ́ na Gaza?
Na true sey dem kill Christians for Nigeria dis year pass Palestinians for Gaza?
Ǹjẹ́ àwọn ẹlẹ́sìn ìgbàgbọ́ tí wọ́n pa ní Nàìjíríà ju àwọn ọmọ Palestine tí wọ́n pa ní Gaza lọ ní 2025?
Yi Kiristoci da aka kashe a Nijeriya a 2025 sunfi na faltunawan dake Gaza?
Advertisement
Aa
TheCable Fact CheckTheCable Fact Check
Search
  • Home
  • Fact Check
  • Fake News
  • Check Am For Wazobia
Follow US

FACT CHECK: No, Soludo didn’t say Peter Obi’s investment in SABMiller is worth $100m

Bunmi Aduloju
By Bunmi Aduloju Published May 3, 2022 4 Min Read
Share

On April 29, a Twitter user @RealOlaudah shared a post which claimed Charles Soludo, governor of Anambra, said Peter Obi, a former governor of the state, invested $20 million in SABMiller Plc, now AB InBev, on behalf of the state and the investment is now worth $100 million.

The tweet, which did not state the source of the information, has amassed over 3,300 retweets, 216 comments and 7,800  likes. Other Twitter users have also circulated the post.

The post, which was also widely shared on Facebook, reads: “Gov Soludo announced today that the $20 million Peter Obi invested on behalf of  Anambra State in Sabmiller Group is worth $100 million today. As a result of this, Anambra State owns the highest shares in the global company. The State was number 15 at the time of investment.”

Gov Soludo announced today that the $20 million Peter Obi invested on behalf of Anambra State in Sabmiller Group is worth $100 million today. As a result of this Anambra State owns the highest shares in the global company. The State was number 15 at the time of investment.

— Olaudah Equiano® (@RealOlaudah) April 29, 2022

https://twitter.com/Iambigiyke/status/1520106691207077889?s=20&t=2jL-A9ukDVaAIrTuSRU4nA

Charles Soludo has confirmed that $20M invested by Peter Obi as governor on behalf of the state in Sabmiller Group is now worth $100M.At a time when Nigeria is barely clinging onto life amidst humongous debts & an insane cost of governance,Peter Obi is who we need.#PeterObi2023

— Umar Sa'ad Hassan🇳🇬 (@Alaye_100) April 29, 2022

REACTIONS TO THE CLAIM

The tweets generated an array of reactions from social media users who either downplayed or believed the claim. 

Commenting on the post, Tokunbo Adesina, a financial market analyst at Quantum Economics, said, “foresight and character.”

https://twitter.com/TokunboAdesina/status/1520132271067615237?t=OnDC_pU7q_j9FdJ0sPdWkQ&s=19

However, another user @tobybasten shrugged off the claim, saying the state cannot be the largest shareholder in the company.

They can’t be the largest, this twitter sef😂😂😂. Abinbev acquired sabmiller since. Maybe shareholder of Onitsha brewery

— Tobi😎 (@tobybasten) April 29, 2022

HOW TRUE IS THE CLAIM?

SABMiller Plc was a South African multinational brewing and beverage company headquartered in Woking, England on the outskirts of London until 2016 when it was acquired by Anheuser-Busch InBev.  

Its Nigerian businesses include Pabod Breweries Ltd (PBL) in Port Harcourt, Intafact Beverages Ltd in Onitsha. Anambra state, among others. 

The claim, which was attributed to Soludo, might have been extracted from an interview Peter Obi granted on August 27, 2018.

“Tomorrow they are commissioning Sagamu building – the biggest brewery in Africa. Anambra state is the single-highest shareholder in that facility. I invested in it over $20 million. It is almost worth $100 today,” Obi said in the interview.

In a statement, Christian Aburime, chief press secretary to Soludo, said the statement attributed to the governor is false.

“The above news trending online in some social media handles, alleging that Anambra state governor, Prof Chukwuma Charles Soludo announced today; 29-04-2022, that the 20 million dollars which former governor of Anambra state, Mr Peter Obi invested on behalf of Anambra state in Sabmiller Group is now worth 100 million dollars,” he said.

“The writer further claimed that from today; 29-04-2022, Anambra State now owns the highest share in the global company. This is to notify the public that the statement allegedly credited to Professor Chukwuma Charles Soludo is completely false. The governor never made or issued any statement to that effect.

“It is untrue and should be completely disregarded.”

To get further clarification on the matter, TheCable reached out to Aburime and he reiterated that the viral claim is false. He assured that the state would “issue a statement to tell Anambra people and Nigerians the true state of that investment.” 

VERDICT 

The claim attributed to Soludo is false.

TAGGED: Anambra, Fact Check, fake news, peter obi, Soludo

Please send your feedback, claims to fact check and corrections requests to [email protected]

Bunmi Aduloju May 3, 2022 May 3, 2022
Share this Article
Facebook Twitter Email Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR POSTS

Advertisement

FRSC sị̀ nà íhé ńgósị́ ébé ńdị́ ọ́rụ́ ha nà ónyé ọ̀kwà ụ́gbọ́àlà nà-ènwé ńsògbụ́ mèrè n’áfọ̀ 2020

Ngalaba Federal Road Safety Corps (FRSC) akọwala n'ihe ngosi ebe onye ọ̀kwà ụgbọala ụkwụ atọ…

August 22, 2025

FRSC sọ pé 2020 ni ìjà láàárín àwọn òṣìṣẹ́ àwọn àti onikẹkẹ maruwa tí áwọn ènìyàn ń pín fídíò rẹ̀ ṣẹlẹ̀

Àjọ tó ń rí sí ààbò àwọn awakọ̀, àwọn tí wọ́n ń rìn lójú ọ̀nà…

August 22, 2025

Viral video wey show kasala between keke rider and our officers na from 2020, na so FRSC tok

The Federal Road Safety Corps (FRSC) don describe one viral video wey show as keke…

August 22, 2025

Bidiyon bidiyo na arangama tsakanin direban babur, jami’an mu daga 2020, in ji FRSC

Hukumar kiyaye hadurra ta kasa (FRSC) ta bayyana wani faifan bidiyo da ke nuna wani…

August 22, 2025
Advertisement
Advertisement

YOU MAY ALSO LIKE

FAKE NEWS ALERT: We didn’t declare Iyabo Ojo wanted, say police

The Nigeria Police Force (NPF) has denied viral reports claiming that actress Iyabo Ojo was declared wanted for questioning. A…

Fact CheckFake News Alert
August 21, 2025

MISINFO ALERT: Viral video of clash between tricycle rider, our officers from 2020, says FRSC

The Federal Road Safety Corps (FRSC) has described a viral video showing a tricycle rider confronting its officers in Benin…

Exclusives & FeaturesFact Check
August 21, 2025

DISINFO ALERT: Photo showing European leaders ‘sitting outside Trump’s office’ is doctored

A viral photo purports that European leaders recently camped outside the office of US President Donald Trump in the White…

Fact CheckTop Stories
August 21, 2025

MISINFO ALERT: No evidence Shettima said ‘N8,000 can change the life of a youth’

A viral post claiming that Vice-President Kashim Shettima said “N8,000 can change the life of a youth” has resurfaced on…

Fact Check
August 19, 2025

CableCheck seeks to provide reliable tools and resources for readers to tackle the menace of fake and misleading materials constantly pushed into the public space from various sources. We monitor the accuracy of claims made in traditional and social media. We also provide a tracker to hold politicians and policymakers accountable for the plans and promises they make to the public. CableCheck is a project of the Cable Newspaper Journalism Foundation (CNJF), supported by the MacArthur Foundation and implemented by TheCable newspaper.

Follow US: 

LINKS

  • Contact
  • About Us
  • Non-Partisanship Policy
  • Funding
  • Correction Policy
© Copyright TheCable. All Rights reserved.
Welcome Back!

Sign in to your account

Lost your password?