The Nigeria Democratic Congress (NDC) presidential candidate, Peter Obi, has released his handover document to counter the Anambra State Government’s claims that his administration left behind loans and other financial liabilities.
Obi’s challenge followed the release of his handover note, which showed the financial position of the State at the end of his administration.
The Interim National Coordinator of the Obedient Movement, Dr. Yinusa Tanko, published the handover document dated March 17, 2024, on Wednesday.
The document contained a summary of Anambra State’s financial position as of the close of business that day and showed a net positive balance of over N86 billion.
Tribune Online had earlier reported that the Anambra State Government said it is still repaying loans obtained by previous administrations, including those of former governors Peter Obi and Willie Obiano.
The Commissioner for Finance, Izuchukwu Okafor, disclosed this on Sunday while speaking on the Ndi Anambra podcast released by the government’s New Media team.
Okafor said the inherited loans remained part of the financial commitments of the current administration, despite the Soludo government’s decision not to obtain fresh commercial bank loans since taking office.
Obi, however, rejected the claim and asked the Soludo administration to provide evidence to support its position. He also said he would end his campaign for the 2027 presidency if the allegation could be proven.
The Anambra State Government later disputed Obi’s claim that he left office without outstanding debts or other unpaid financial obligations.
The government maintained that its records showed that some liabilities incurred during Obi’s administration, as well as obligations inherited by it, remained unpaid.
In a statement titled; “Gov Peter Obi and Record of Public Debt in Anambra: Facts Beyond Propaganda and Lies,” the Commissioner for Information and Value Reorientation, Law Mefor, described Obi’s position on the State’s debt profile as false.
Mefor said eight external loans connected to projects implemented during Obi’s administration, or inherited by it, were still outstanding.
According to him, the loans had a combined balance of $92.35 million, which the State government said was equivalent to N127.37 billion as of June 30, 2026.
