{
  "id": 7286674,
  "title": "Anambra still repaying debts incurred by administrations of Obi, Obiano — Commissioner",
  "url": "https://urgent.news/2026/09/14/anambra-still-repaying-debts-incurred-by-administrations-of-obi-7286674",
  "topic": "world",
  "section": "World",
  "published": "2026-09-14T09:46:04.000Z",
  "source": {
    "name": "Punch",
    "slug": "punch",
    "url": "https://punchng.com/anambra-still-repaying-debts-incurred-by-administrations-of-obi-obiano-commissioner/"
  },
  "original_language": "en",
  "account": "The Anambra State Government revealed on Monday that the current administration, led by Governor Chukwuma Soludo, is still paying off loans and other debts acquired by prior administrations, including those of former governors Peter Obi and Willie Obiano. Finance Commissioner Izuchukwu Okafor shared these details during a Ndi Anambra podcast. Okafor stated that the Soludo government has not borrowed from any commercial bank since taking office, but has continued to service the debts inherited from previous governments. He explained that monthly deductions from the state's Federation Account Allocation Committee funds are made to service loans taken out by previous administrations, with some of these loans originating during the terms of Obi and Obiano. Despite this, Okafor reported that the Soludo administration has significantly reduced the state's debt burden, repaying most of the inherited loans and clearing numerous legacy debts such as unpaid contracts, gratuity arrears, and pension arrears. As a result, the state's domestic debt is now near-zero. Okafor also mentioned that the administration has recently paid off one debt, CAGS, contributing to more fiscal space for Anambra State.",
  "summary": "The Anambra State Government has said the administration of Governor Chukwuma Soludo is still servicing loans and other debts incurred by previous administrations, including those of former governors Peter Obi and Willie Obiano. The Commissioner for Finance, Izuchukwu Okafor, disclosed this during a Ndi Anambra podcast uploaded by Anambra State New Media on Monday while Read More:…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Punch Nigeria",
        "title": "Anambra still repaying debts incurred by administrations of Obi, Obiano — Commissioner",
        "url": "https://urgent.news/2026/09/14/anambra-still-repaying-debts-incurred-by-administrations-of-obi",
        "published": "2026-09-14T09:36:04.000Z"
      },
      {
        "outlet": "Daily Post Nigeria",
        "title": "Anambra govt still repaying loans taken under Peter Obi, Willie Obiano – Soludo",
        "url": "https://urgent.news/2026/09/14/anambra-govt-still-repaying-loans-taken-under-peter-obi-willie-obiano",
        "published": "2026-09-14T12:59:05.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}