Obiano: Anambra Finance Is In A Bad Shape – Soludo


Prof. Charles Soludo, the newly sworn-in governor of Anambra State,  has disclosed that the state of finance of Anambra is in “bad shape”.

While disclosing this during on Arise TV Morning Show on Tuesday,  the governor reportedly made it known that his predecessor, Willie Obiano, left behind a sum between N300 and N400 million in the state coffers.

Soludo stated that “In terms of debt I inherited, it runs into hundreds of billions of naira. In terms 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.”

He added that “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.”

 The governor also noted that “The state finance is in bad shape”, and in dire need of restoration.”

This is coming following the arrest of the former governor of Anambra State Willie Obiano, while trying to jet out to the US after handing over to his successor, Soludo on Thursday.

According to reports, the Economic and Financial Crimes Commission EFCC had intercepted the former governor at the Murtala Muhammed International Airport Lagos, over alleged N42bn Fraud.

However, the EFCC boss Abdulrasheed Bawa reportedly made it known that Obiano had been granted bail on Monday, 21st March 2022.


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Esther Ifeoluwa

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