Anambra debt: APC campaign council demands Obi honour resignation promise
The APC Presidential Campaign Council has challenged Peter Obi to honour his promise to quit the 2027 race over alleged $123.77m debt he left in Anambra. Read More: https://punchng.com/anambra-debt-apc-campaign-council-demands-obi-honour-resignation-promise/
The All Progressives Congress Presidential Campaign Council has demanded that presidential candidate of the New Democratic Congress, Peter Obi, honor his earlier pledge to withdraw from the 2027 presidential race if it is proven that he left Anambra State with a debt burden. According to the council's spokesman and Minister of Solid Minerals, Dele Alake, disclosures by the Anambra State Government revealed that Obi contracted $123.77 million in external loans during his eight-year tenure as governor.
The state also revealed that Obi spent around $4.05 billion, leaving office in March 2014 with eight external borrowings for projects such as malaria control, erosion management, education, and healthcare. The Anambra State Government challenged Obi's claims of fiscal prudence and leaving the state without debt. Obi's supporters had previously presented him as a squeaky-clean politician, but the Anambra State Government's response has exposed a facade of falsehood.
The APC campaign council stated that borrowing is not wrong when used for development, but criticized Obi for allegedly lying about his fiscal prudence and leaving Anambra State with a clean bill of health.
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