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ANAMBRA BROKE| ‘Obiano Left Me Only N300m in Treasury, N100b Debt — Soludo laments

Ogochukwu Isioma by Ogochukwu Isioma
March 22, 2022
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The Governor of Anambra State, Prof Chukwuma Soludo, has revealed the financial status of the state as left by his predecessor, Chief Willie Obiano, who is currently in the custody of the Economic and Financial Crimes Commission (EFCC) over alleged corruption.

Soludo made the revelation earlier today, Tuesday, March 22, 2022, during his first post-inauguration interview on ARISE TV.

He decried the state of the Anambra treasury, describing it as funny and pathetic.

According to him, he inherited up to N100 billion debt while only N300 million was left in cash. This is a far cry from what Obiano’s predecessor, Peter Obi, left behind at the end of his tenure. Obi, who did not borrow, throughout his tenure, left several billions of naira and millions of US dollars in both cash and investments.

Soludo, however, expressed hope that his government will make enough money to fulfil his promises of infrastructure and development.

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His words: “In terms of debt I inherited, it runs into hundreds of billions of Naira. In that of cash, we met about 300 million Naira only.

“In fact, let’s not talk about it. Our treasury is funny. But I hope we shall make money henceforth to help us fulfill our promises for infrastructure and development of the state.

“But in terms of what I met in our coffers, my brother, it’s pathetic. Please let us not go there. God will help us.”

(Adapted from News Express)

Tags: AnambradebtSoludo
Ogochukwu Isioma

Ogochukwu Isioma

Ogochukwu Isioma is a Bachelor's degree holder in Linguistics (Hons) from the University of Benin, and a Master's student in International Affairs and Diplomacy at the Amadu Bello University, Zaria. With over half a decade-long active journalism practice, Ogochukwu is the Founder and Publisher of popular education-focused online medium, CAMPUS GIST, and currently writes for METROWATCH. He can be reached via ogochukwuisioma@gmail.com.

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