ANAMBRA GOVERNMENT CLASH OVER STATE DEBTS AND FINANCIAL RECORDS
DISPUTE OVER ANAMBRA’S FINANCIAL LEGACY INTENSIFIES A fresh dispute has emerged between former Anambra State Governor Peter Obi and the Anambra State Government over loans, financial obligations and funds allegedly left behind when Obi handed over power in March 2014. The disagreement has intensified following claims by the state government that several external loans associated with previous administrations remain outstanding, while Obi maintains that his administration left Anambra in a financially responsible position. The latest exchange has placed the state’s historical financial records under renewed public scrutiny. GOVERNMENT PUTS OUTSTANDING LOANS AT ₦127.4 BILLION The Anambra State Government says eight external borrowings linked to projects undertaken during the period of previous administrations remained outstanding. According to Commissioner for Information and Value Reformation, Law Mefor, the outstanding balance of the loans stood at approximately ₦127...