Anambra Govt Releases Records of Alleged Unpaid Debts by Peter Obi During Tenure as Governor
The state said DMO records show $123.77 million in external debt and unpaid pensions and gratuities from Obi’s tenure.
- The Anambra State released public debt records on Wednesday contradicting Gov Peter Obi's claims of "Phantom Debts" and "Ecological Loan Fallacy" during his tenure as governor from 2006 to 2014.
- Peter Obi labeled the state's public debt "Phantom Debts" and an "Ecological Loan Fallacy" in a recent podcast, prompting Commissioner for Information Law Mefor to release official records to counter the claims.
- Government records show Obi's administration took eight external loans totaling $123.7 million between 2007 and 2013, with an outstanding balance of N127.4 billion as of June 30, 2026.
- Commissioner Mefor disputed Obi's claims about unpaid salaries and pensions, stating the current administration has cleared about N22 billion in inherited gratuity arrears while servicing remaining debts.
- Records indicate 44% of Anambra's 179 communities lacked public primary schools when Obi left office on March 17, 2014, alongside non-functional water schemes and deteriorated public health infrastructure.
17 Articles
17 Articles
Anambra govt releases loan records, insists Peter Obi left debts
Mr Obi had denied earlier claims by the Commissioner for Finance in the state, Izuchukwu Okafor, that Governor Charles Soludo’s administration was still repaying loans and other debts incurred by the NC candidate and other past governors of the state.
Peter Obi left N127bn loan balance
By Vincent Ujumadu The Anambra State Government has disputed claims that the administration of former Governor Peter Obi left the state without outstanding liabilities at the end of his tenure. The government said Obi’s administration left outstanding loans as well as arrears of salaries, pensions and gratuities inherited by subsequent administrations. In a statement by […]
Presidency dares Peter Obi to quit presidential race over Anambra debt controversy
The Presidency has challenged Peter Obi to quit the presidential race, citing the Anambra government’s claims that he left debts as governor. Read More: https://punchng.com/presidency-dares-peter-obi-to-quit-presidential-race-over-anambra-debt-controversy/
Anambra govt releases records of alleged unpaid debts by Peter Obi during tenure as governor
The Anambra State government has released what it termed the public debt records of the presidential candidate of Nigeria Democratic Congress NDC, Mr Peter Obi, while he was governor. In a press statement signed by the Commissioner for Information and Value Reformation, Dr Law Mefor, and titled Gov Peter Obi and Record of Public Debt […] Anambra govt releases records of alleged unpaid debts by Peter Obi during tenure as governor
Anambra insists Obi left $123.77m debt, unpaid workers’ arrears
The Anambra State Government has challenged former governor and Nigeria Democratic Congress presidential candidate, Peter Obi, over his claim that he left the state without outstanding debts when he served as the governor. It presented records which it said showed that his administration contracted $123.77 million in external loans and left unpaid salary and gratuity …
Anambra releases documents Exposing Peter Obi’s alleged ₦127bn debt
Ghazali Ibrahim The Anambra State Government has released documents it says provide evidence of financial obligations inherited from the administration of former governor Peter Obi. The state Commissioner for Information and Value Reorientation, Law Mefor, presented the documents while responding to recent claims by Obi over the state’s finances. According to the government, records from […]
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