You left $123m debt, unpaid pensions – Anambra govt again fires back at Peter Obi
Anambra State Government has tackled former Governor Peter Obi over his claim that he left no debt when he left office. The state government, in a statement on Saturday by the Commissioner for Information, Law Mefor, said Obi left behind loans, unpaid salaries and pension arrears. Mefor said they did not want to join issues […] You left $123m debt, unpaid pensions – Anambra govt again fires back…
Anambra State Government has responded to former Governor Peter Obi's claim that he left no debt when he exited office. In a statement released on Saturday by Commissioner for Information, Law Mefor, the government detailed the financial obligations he left behind. Mefor revealed that Obi took eight loans aggregating to $123.7 million from the World Bank and the International Development Association during his tenure.
These loans are documented in the Debt Management Office (DMO) records, but were notably absent from the handover notes he left for his successor. The current administration has been servicing these debts for years without drawing attention to them. Despite serving for four and a half years, the government never complained about any inherited debt, whether loans or salary arrears, and has been diligently paying billions of Naira to clear these obligations.
The statement further pointed out that Obi did not need to visit a bank or DMO to validate his borrowing; merely signing the loan agreements would suffice. The Anambra government reiterated, "You left $123m debt, unpaid pensions – Anambra govt again fires back at Peter Obi."
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