The Anambra State Government has asked former governor Peter Obi to tender an unreserved apology after presenting records it says prove his administration left behind significant debts and liabilities.
Commissioner for Information and Value Reorientation, Dr. Law Mefor, said Obi had publicly challenged anyone to prove he left debts, but the government has now produced evidence of eight loans contracted from the International Development Association (IDA) of the World Bank during his tenure, totaling $123.77 million.
According to Mefor, the Debt Management Office (DMO) confirmed that as of June 30, 2026, the outstanding balance on those loans stood at $92.35 million (₦127.37 billion), which successive administrations have continued to service through deductions from federal allocations.
He accused Obi of “voodoo accounting” by allegedly concealing liabilities in his handover notes, adding that governance should prioritize citizens’ welfare over savings.
“Without any provocation, you threw a self-imposed challenge. Now that the facts challenge your character and integrity, you have no choice but to take the path of honour: tender an unreserved apology to the government and people of Anambra State and Nigeria and move on,” Mefor said.
The commissioner also alleged that Obi’s administration left unpaid salaries and pensions, though no detailed figures were provided.
Obi has reportedly argued that he did not personally approach the World Bank or DMO for loans, but the government countered that his administration signed the agreements, making them binding obligations.
The state government urged Obi and his supporters to dispute the loan records directly with the DMO rather than contesting its interpretation of the state’s financial position.
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