Ifeanyi Ubah dumps PDP for APGA ahead of Anambra gubernatorial election

macfranc007 November 04, 2017 Nigeria News today & Breaking news ▷ Read Nigerian newspapers 24/7 Nnenna Ibeh

- The managing director of Capital Oil, Ifeanyi Ubah, has dumped the Peoples Democratic Party (PDP)

- Ubah dumped PDP for the All Progressive Grand Alliance (APGA) party

- He also declared his support for the incumbent governor of Anambra state, Willie Obiano, who is currently the flag bearer of APGA

One of Nigeria's oil moguls and the managing director of Capital Oil, Ifeanyi Ubah has dumped the Peoples Democratic Party (PDP) for the All Progressive Grand Alliance (APGA).

Ubah in a formal declaration also declared his support for the present governor of Anambra state, Willie Obiano, who is the flag bearer of the APGA in the forthcoming Anambra gubernatorial election.

In a statement released on Saturday, November 4, Ubah said he dumped the PDP due to betrayals from friends and associates alike within the party.

He said: "As part of my vision and passion to advance the cause of my people, I have spent the last 5 years of my life making concerted efforts through human capital development and the rechanneling of my investments in oil and gas, media, sports, construction amongst others to my home state in a bid to empower the youths and contribute my quota to building a robust state economy.

During this period, I have had laughs and good times with my people while also suffering betrayals and deceit from friends and allies alike.

Be that as it may, there is a limit to what I can achieve in my private capacity as it is my staunch belief that the number of lives one can touch while occupying the seat of power far outweighs the number that can be touched in one’s private capacity.

I have been immensely blessed by God and as such, I do not consider politics as beneficial except that it provides me with the channel to which I can achieve my ultimate aim of sincere service to Ndi Anambra," Ubah said.

NAIJ.com earlier reported Ubah was suspended for a month by his former party, PDP.

The PDP in the suspension slammed on the oil mogul alleged that Ubah orchestrated media attack on the leadership of the party.

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The PDP said Ubah who was not satisfied with the decision of the governorship appeal panel launched an attack on the party's leadership and those involved in the primaries.

APC official tells why his party could be voted out in 2019 - on NAIJ.com TV