ANAMBRA IS BROKE: ‘ I met only N300m in the treasury, N100 billion debt — Soludo Posted by News Mirror, 22 March 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.

Charles Soludo Anambra State Governor
Charles Soludo Anambra State Governor

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 fulfill his promises of infrastructure and development.

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.”


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