The Anambra State Government has released records of loans and other financial liabilities it said were incurred or left unpaid during the tenure of former Governor Peter Obi.
In a statement by the Commissioner for Information and Value Reformation, Law Mefor, the government said Obi left office with outstanding domestic and external obligations, as well as unpaid pensions and gratuities.
The government said Obi’s administration contracted about $123.77 million in external loans for projects including malaria control, erosion management, education and healthcare. It added that the outstanding balance of eight external loans allegedly inherited from the administration stood at about ₦127.4 billion as of June 30, 2026.
According to the state government, the current administration has continued to make debt-service payments on the loans, while maintaining that borrowing for development projects is not necessarily harmful when the funds are properly utilised.
The government also disputed Obi’s claim that he cleared all inherited salary, pension and gratuity arrears before leaving office in March 2014. It alleged that verified outstanding payments remained due to retired teachers and former staff of the state Water Corporation.
The statement further criticised the condition of some public services at the end of Obi’s tenure, citing gaps in public schools, healthcare, water supply and infrastructure.
The development is the latest in an escalating dispute between the state government and Obi over the financial record of his administration, with both sides presenting conflicting accounts of the debts and liabilities allegedly left behind.
