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Politics Special Report

Governor Soludo Reveals How Much In Anambra Treasury, Discloses Debt Inherited From Obiano

Thompson Nsisongabasi

Mar 22, 2022

Charles Chukwuma Soludo, the new governor of Anambra State, has alleged that when he took office, he found barely N300 million in the state's coffers.

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On Tuesday, Soludo confirmed this while fielding questions on Arise TV.

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According to audited documents, the previous Central Bank Governor inherited debts of "hundreds of billions of naira" from his predecessor, Willie Obiano.

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Soludo said: "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.

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"I hope we shall make money henceforth to help us fulfill our promises for infrastructure and development of the state.

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"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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Obiano was apprehended by operatives of the Economic and Financial Crimes Commission (EFCC) as he tried to leave the country on the same day he handed over to Soludo.

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— Thompson Nsisongabasi

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