Home Leading Stories Politics Obi rejects Anambra debt claims, says ₦2.13bn ecological fund was untouched

Obi rejects Anambra debt claims, says ₦2.13bn ecological fund was untouched

Peter Obi

Former Anambra State Governor Peter Obi has rejected claims that his administration left behind financial liabilities, including a ₦2 billion ecological loan, unpaid contractor bills and outstanding salaries, pensions and gratuities.

The presidential candidate of the Nigeria Democratic Congress (NDC) described the allegations by the Anambra State Government as false, saying his administration cleared historical arrears and gratuities worth more than ₦35 billion before handing over power in 2014.

He said the state had no outstanding salary, pension or gratuity obligations at the end of his tenure and that his administration did not owe contractors whose projects had been completed and certified.

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On the disputed ecological fund, Obi said the Federal Government (FG) released the money about three months before the end of his tenure to address the erosion crisis in Oko and Umuchiana.

According to him, he resisted pressure to spend the money before leaving office because it was earmarked for a specific project.

He said he instead left it for the incoming administration, stressing that government remained a continuous process.

Obi said the fund remained untouched in a First Bank account, which he identified as account number 2018779464.


He said the account had a balance of more than ₦2.13 billion when he left office. A report citing details released by Obi’s media aide put the balance at ₦2,139,951,400 as of 17 March 2014.

The former governor also said project-specific funds were separate from the more than ₦75 billion in savings he claimed his administration left for its successor.


Obi challenged anyone with evidence contradicting his account to make it public, saying he would stop his 2027 presidential campaign if anyone could establish that his administration left the alleged debts behind.

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