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2027: APC asks Obi to withdraw over Anambra debt report

The APC has challenged Peter Obi to withdraw from the 2027 presidential race over an Anambra government report claiming he left a $123.77m debt. Read More: https://punchng.com/2027-apc-asks-obi-to-withdraw-over-anambra-debt-report/

2027: APC asks Obi to withdraw over Anambra debt report

The All Progressives Congress Presidential Campaign Council has urged Peter Obi, the presidential candidate of the Nigeria Democratic Congress, to withdraw from the 2027 presidential race over Anambra State’s debt report. The council’s spokesman, Dele Alake, released a statement clarifying that Obi left Anambra with a debt burden of $123.77m and spent approximately $4.05bn during his eight-year tenure.

The state government had previously claimed that Obi left the state without a debt burden and that he was a governor who practiced fiscal prudence. However, the Anambra State Government revealed that he contracted external loans for projects related to malaria control, erosion management, education, and healthcare. Subsequent administrations continued to service these loans.

The APC campaign council argued that borrowing for development purposes was not inherently wrong, but questioned Obi’s claims of fiscal prudence and integrity. The council advised Obi to honor his earlier pledge to withdraw from the presidential race if it was established that he left Anambra with a debt burden.

Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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