Nigeria: 'I Paid What Was Due', Obi Rejects Anambra Debt Claim
State officials say eight external loans from Obi’s tenure still have a N127.4 billion balance, while his camp says records show no unpaid liabilities.
- On Sunday, Anambra State Finance Commissioner Izuchukwu Okafor alleged the state is still servicing loans inherited from former Governor Peter Obi and Willie Obiano during a podcast.
- The dispute stems from the 2014 transition of power, when government records show eight external loans totaling $123.7 million were inherited; the outstanding balance stands at $92.35 million as of June 30, 2026.
- Rejecting the allegations, Nigeria Democratic Congress presidential candidate Peter Obi claimed he left no unpaid salaries, pensions or contractor obligations and instead preserved over N75 billion in savings for his successor.
- Obi vowed on Monday to end his 2027 presidential campaign if the government establishes he left any unpaid financial liabilities, challenging officials to produce evidence of the alleged debts.
- Both sides continue escalating the dispute, with each urging the public to verify conflicting financial records from the 2014 handover period as the 2027 election campaign intensifies.
47 Articles
47 Articles
Anambra Debt Row: Presidency dares Obi To quit 2027 race
The Presidency has put former Anambra State Governor Peter Obi’s 2027 presidential bid at the centre of the controversy over the finances he left behind when he handed over power in 2014. It challenged him to honour his pledge to stop campaigning if his claims of leaving the state debt-free are disproved. Bayo Onanuga, Special Adviser to President Bola Tinubu on Information and Strategy, said on Wednesday that Obi had set the terms himself by of…
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…
Coverage Details
Bias Distribution
- 57% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
