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Obi insists he left Anambra debt-free, rejects Soludo govt claims

Peter Obi insists he left Anambra debt-free in 2014, rejecting claims by the Soludo government that his administration left outstanding loans and liabiliti Read More: https://punchng.com/obi-insists-he-left-anambra-debt-free-rejects-soludo-govt-claims/

Obi insists he left Anambra debt-free, rejects Soludo govt claims

Presidential candidate Peter Obi of the Nigeria Democratic Congress has firmly denied claims made by the Anambra State Government that his administration left the state in debt. Speaking on Arise TV’s *Prime Time* programme, Obi stated that he did not borrow money or issue bonds on behalf of Anambra State during his eight-year tenure as governor.

He emphasized that on the day he left office in March 2014, the state was not owing any salaries, gratuities, pensions, or contractors. Obi further explained that the loans being attributed to his administration were not personal funds he obtained from financial institutions but were supported by the Federal Government through a concessionary multilateral support program.

He clarified that the World Bank provided the funding, which was drawn down after his tenure, leaving the state in a strong financial position.

Brief written by urgent.news from Punch's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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