Nigeria: 'I Paid What Was Due', Obi Rejects Anambra Debt Claim
The state says eight external loans remained outstanding, while Obi says he left office without unpaid salaries, pensions or contractor debts.
- On Sunday, Finance Commissioner Izuchukwu Okafor claimed Anambra State is still servicing loans from Peter Obi's tenure, prompting the 2027 presidential candidate to deny leaving unpaid liabilities and vow to withdraw from the race if evidence proves otherwise.
- The Anambra State Government released Debt Management Office records showing eight external loans contracted between 2007 and 2013, with an outstanding balance of $92.35 million, or about N127.4 billion, which it continues to service.
- Former Secretary to the State Government Oseloka Obaze published Obi's March 17, 2014, handover report to refute the debt claims, asserting the documents list over N86 billion in assets and cash balances remaining when the former governor exited office.
- Escalating the dispute, APC Presidential Campaign Council spokesperson Dele Alake called Obi an 'irredeemable liar' on Monday, urging him to resign from the presidential contest if the state's debt allegations are established.
- Voters currently face competing financial narratives as both sides trade accusations, turning the 2027 campaign into a high-stakes fiscal credibility battle involving political actors and traditional institutions across Anambra.
53 Articles
53 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
