Anambra govt still repaying loans taken under Peter Obi, Willie Obiano – Soludo
Commissioner Izuchukwu Okafor says 83% of the state debt burden has been reduced while legacy loans and deductions from federal allocations continue.
- On Sunday, Anambra State Commissioner for Finance Izuchukwu Okafor revealed that Governor Chukwuma Soludo's administration is servicing legacy debts from former governors Peter Obi and Willie Obiano without taking new commercial loans.
- Okafor claimed the state has reduced its debt burden by more than 83 per cent, noting that Federation Account Allocation Committee funds are automatically deducted monthly to service inherited external loans.
- The administration has cleared legacy domestic debts, including unpaid contracts, gratuity, and pension arrears; consequently, the state's domestic debt now stands at a "near-zero balance," Okafor said.
- Reacting to the claims, former Governor Peter Obi stated he left office nearly 13 years ago without owing salaries, pensions, or contractors, challenging officials to investigate his record.
- Obi also asserted he left $150 million in investments across Access, Diamond, and Fidelity banks when exiting office, underscoring the competing financial claims between the administrations.
17 Articles
17 Articles
Obi: I paid all debts due before leaving office
AWKA — The presidential candidate of the Nigeria Democratic Congress, NDC, Peter Obi, has rejected claims that his administration left outstanding debts for the Anambra State Government to repay, saying he settled all obligations due before handing over power in 2014. Obi made the clarification in a video from the Voice of Ndi Anambra Podcast […]
We're still repaying loans incurred by Peter Obi, others - Anambra govt
The latest claim was coming despite Mr Obi's repeated position that, while exiting office as governor, he left for the state a total of $50 million each in Access, defunct Diamond and Fidelity banks - totalling $150 million - with an interest rate of at least 6.5 per cent.
Anambra govt still repaying loans taken under Peter Obi, Willie Obiano – Soludo
Anambra State Government has said it is repaying loans obtained by previous administrations, including those of former governors Peter Obi and Willie Obiano. The State Commissioner for Finance, Izuchukwu Okafor, made this revelation on Sunday while speaking on the Ndi Anambra podcast released by the state government’s New Media team. According to him, the inherited […] Anambra govt still repaying loans taken under Peter Obi, Willie Obiano – Solu…
Obiano's Decade-Old Handover Dispute With Obi Resurfaces Amid Soludo's Debt Claims
. . Awka, Nigeria — September 2026 A decade-old dispute between former Anambra State Governor Willie Obiano and his predecessor Peter Obi over what Obi actually left behind at handover has resurfaced this month, after current Commissioner for Finance Izuchukwu Okafor said the Soludo administration is still repaying loans taken out under both the Obi […] The post Obiano’s Decade-Old Handover Dispute With Obi Resurfaces Amid Soludo’s Debt Claims a…
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