Anambra Is In Heavy Debt – Gov Soludo


The Governor of Anambra State, Chukwuma Soludo, has revealed that ex-governor Willie Obiano handed over just N300m but left over N100bn in debts.

Soludo, who said this on Tuesday in an interview with Arise TV expressed optimism that the situation will not hinder his administration from making an appreciable impact.

He said, “First, in terms of finances, there is an audited account of Anambra as of December 31, 2021, which is a public document that anyone can access. Between the audited accounts as of the end of the year 2021, everyone knows that the state finances are not quite robust.

“In terms of debt, it is in the range of over N100bn and then cash, which the state has is N300 or N400mn, but we are still going to have all the reconciliations and all the accounts from January to the date when we had the handover.”


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