Former Anambra State Governor and Nigeria Democratic Congress (NDC) presidential candidate, Peter Obi, has released his 2014 handover document in response to claims by the Anambra State Government that his administration left behind outstanding loans and other financial obligations.
Obi handed over power to Willie Obiano on March 17, 2014. The document released by his camp contains a summary of the state government's financial position at the point of handover and reportedly shows a positive balance of more than ₦86 billion. Contemporary reporting also records that Obi's handover figures included cash and investments held by the state.
The release comes amid an escalating dispute between Obi and the administration of Governor Chukwuma Soludo over the state's debt history.
The Anambra State Government, through Commissioner for Information and Value Reorientation, Law Mefor, has alleged that eight external loan facilities associated with projects undertaken during or inherited into Obi's administration remained outstanding.
According to the government, the loans had an outstanding balance of $92.35 million, which it valued at approximately ₦127.37 billion as of June 30, 2026.
The state government says the original value of the eight facilities was about $123.77 million, with the loans linked to projects involving healthcare, education, malaria control, erosion management, community development and agricultural development.
Obi has disputed the characterization of these obligations and challenged the Soludo administration to provide evidence that he left office owing salaries, pensions, gratuities or contractors for duly completed and certified projects. He has also said he would stop his 2027 presidential campaign if the government proves its claim regarding debts he allegedly left behind.
Another point of contention is the ₦2.13 billion ecological fund Obi says was available when he left office. The Anambra Government has disputed this claim, saying a certified statement of the First Bank account identified by Obi did not show such a balance and that the account was an Internally Generated Revenue Consolidated Revenue Account rather than an ecological fund account.
The dispute therefore centres on an important distinction: Obi's handover document showing a positive cash/investment position does not, by itself, establish that every loan obligation associated with projects during his tenure had been fully settled. Conversely, the existence of loans linked to projects during his tenure does not by itself establish that Obi personally left office with unpaid liabilities in the sense he is disputing.
The key documents for resolving the dispute would include the original loan agreements, the Debt Management Office records, repayment schedules, audited accounts and the complete March 17, 2014 handover records.

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