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    FG Probes $1.3bn Zungeru Power Plant Over 50% Capacity Shortfall

    FG Reviews $1.3bn Zungeru Power Plant Over Low Output

    FG Reviews $1.3bn Zungeru Power Plant Over Low Output

    Troops Repel ISWAP Attack on Kukawa Base, Kill Over 25 Fighters

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    Nigeria Moves to Create 24-Hour Power Supply Zones in Major Cities

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    TCN ANNOUNCES 20-MINUTES POWER OUTAGE IN ABUJA ON SEPTEMBER 26

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    FG Probes $1.3bn Zungeru Power Plant Over 50% Capacity Shortfall

    FG Reviews $1.3bn Zungeru Power Plant Over Low Output

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Home Nigerian News

Peter Obi Debunks Claims of Inherited Debts in Anambra

by Prince Simeon
September 15, 2026
in Nigerian News
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Anambra State Government Still Servicing Obi, Obiano-Era Loans — Commissioner

Anambra State Government Still Servicing Obi, Obiano-Era Loans — Commissioner

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Former Anambra State Governor Peter Obi has strongly rejected claims by the Anambra State Government that his administration left behind inherited debts.

In a statement via his official X (formerly Twitter) account , Obi described as “completely false” allegations that his government handed over a ₦2 billion ecological loan, contractor liabilities, and unpaid salaries, gratuities and pensions.

He said his administration systematically cleared historical gratuities and arrears spanning several years, amounting to over ₦35 billion. At the point of handover, Obi stated, the state owed nothing in salaries, gratuities or pensions, and no contractor was owed for projects that had been duly executed and certified.

Addressing the ₦2 billion ecological fund, Obi explained that the money was released barely three months before the end of his tenure specifically for the Oko/Umuchiana erosion crisis. Despite pressure to spend it, he said he refused, insisting the funds should be left intact for his successor because government is a continuum.

“The money was therefore left 100 per cent intact in First Bank, in Account No. 2018779464, with a balance of over ₦2.13 billion,” he said.

Obi further clarified that funds tied to specific projects were not included in the more than ₦75 billion in savings his administration left behind.

He challenged anyone who could prove otherwise, stating that he would stop campaigning if the claims were established as true.

The statement forms part of continuing exchanges between the former governor and the current Anambra State Government over the state’s financial position at the time of transition.

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