Charles Odega

Fearfully and wonderfully made safety specialists!

[Charles Odega @Multidegas]

@General_Somto Is he even sure those kids are his?

[Charles Odega @Multidegas]

@PremiumTimesng @grok Thanks. No wonder, it’s clear now

[Charles Odega @Multidegas]

@PremiumTimesng I thought Premium Times is owned by an Igbo man
@grok who owns Premium Times (@PremiumTimesng )

[Always Connected In Christ @Mutsunga_queen]

“But if the Spirit of Him who raised Jesus from the dead dwells in you, He who raised Christ from the dead will also give life to your mortal bodies through His Spirit who dwells in you.”
Romans 8:11

[Peter Obi @PeterObi]

ON THE ANAMBRA DEBT QUESTION

I have remained silent over the past few days because I have been grieving the loss of my very dear elder brother and friend, Chief Okey Ezeibe. However, the time has come for me to address some of the matters that have occupied public discussion in recent days.

I respectfully urge everyone to concentrate on the existential challenges confronting Nigeria and the hardships endured by its citizens, rather than on the needless distractions that have become widespread in our politics.

I wish to assure the public that I have no disagreement with my dear elder brother, Governor Soludo, or with any governor in Nigeria. I am not seeking the office of governor in any state, and I will not seek that position again, even if the Constitution is amended.

Accordingly, I appeal to governors to support whichever presidential candidate they choose while also permitting and assisting other presidential candidates and contenders for other offices to campaign freely and without interruption in their states. Ultimately, voters should be allowed to determine whom they wish to serve them.

Regarding the multilateral funding inaccurately described as “debt owed by Peter Obi” in Anambra State, I wish to state unequivocally:

As Governor of Anambra State, I did not approach any financial institution to borrow funds or issue a bond on behalf of the state. Indeed, at his farewell ceremony, the then Director-General of the DMO, Abraham Nwankwo, appointed me chairman and declared that, during his 10 years in office, I was the only state governor who had not approached him for a loan facility.

When I left office, the Anambra State Government owed no unpaid salaries, gratuities, or pensions. Neither did it owe any contractor or supplier who had completed work that the government had verified and certified.

Regarding development financing from the World Bank, these are concessionary development-support funds secured by the Federal Government for states selected by it to address specific needs. Repayment is spread over 25 to 30 years.

The Anambra State Government must therefore differentiate among three separate figures: the total amount approved for the multiyear development program; the amount Anambra State actually drew during my tenure; and the funding balance outstanding when I handed over on 17 March 2014.

The government has combined these distinct categories, added them together, and described the resulting US$123.77 million as “loans left by Peter Obi.” That is an incorrect application of public-sector accounting.

The eight facilities identified were primarily World Bank and IFAD development programs negotiated by the Federal Government, with participating states receiving access to the funds through subsidiary arrangements. They were not conventional commercial loans that I personally secured during my tenure.

This does not suggest that Anambra had no repayment responsibilities; rather, each facility must be examined in light of its approval, effectiveness, drawdown, and repayment record.

The clearest contradiction appears in the government’s own figures. It states that the original facilities amounted to approximately US$123.77 million and that US$92.35 million remained outstanding in June 2026. However, the DMO’s published records showed Anambra’s total external debt at approximately US$18 million when I began my tenure in March 2006, about US$30 million in March 2014, when I left office, and approximately US$45.15 million as of 31 December 2014, nine months after my departure.

The Anambra State Government must therefore clarify how a state whose recorded external debt was about US$30 million in March 2014 and US$45.15 million in December 2014 could supposedly have inherited US$123.77 million from Peter Obi, who left office in March of that same year.

[Chidi Anselm Odinkalu, CGoF @ChidiOdinkalu]

One man, one university, one year, what degrees???!

[Kalu Aja @FinPlanKaluAja1]

It's either the Anambra State Government does not understand public finance, or they are being mischievous.

Let me attempt to explain this with simple examples.

1. Your father, the FGN, borrows $100 from the World Bank and gives it to you. You must pay it back in 10 years; you need to repay $10 each year.

2. You take N100,000 from your savings, add it to the $100, and start a school.

3. You are to retire in 5 years. You have paid back $50; you still owe $50. You can't prepay the World Bank loan in advance, so you take the remaining $50 and deposit it in a bank to repay the World Bank $10 each year.

4. That $50 in the commercial bank repays the outstanding $50 loan and earns interest income for the new State government. In terms of net worth, the State is richer because the loan's APR (interest paid) is fixed, but the APY (interest earned) allowed the State to earn net interest income.

5. The Anambra State government is quick to point out it is still repaying $50, but the funds to do so are left in a commercial bank account earning interest for the State.

The State did not have to incur any new cost or raise new taxes to settle this $50 debt.

Remember Peter Obi also saved in USD, meaning that there was no devaluation risk.

If anything, the question is: what did the State do with the interest income on the $50 in the commercial bank? What about the devaluation surplus from holding $?

This is a non-issue.

[Son Of Ayo @TheAjakeManger]

Please fact check this @grok
State if the loans were multilateral
State the borrower
State the disbursement dates
State the DMO verified figure for external and local debts when obi handed over.

[Charles Odega @Multidegas]

Chai!

[Von Batten-Montague-York, L.C. @batten_von]

A few days ago, Dr. Von Batten received unsolicited offers of $3 million, along with an invitation to a confidential meeting in London, from a highly placed individual whom we have been informed is connected to Nigerian President Bola Tinubu (@officialABAT). We believe these offers were an attempt to persuade Dr. Von Batten to end our campaign concerning President #Tinubu’s alleged heroin-trafficking records.

Dr. Von Batten refused the offers, immediately preserved copies of the exchanges, and contacted members of former Nigerian Vice President @atiku’s campaign to determine the nature of the individual’s relationship with President #Tinubu. Shortly after the refusals, a smear campaign against Dr. Von Batten began. We will be providing the $3 million offer and related communications to the our friends at @TheJusticeDept and @FBI to protect our reputation and allow the appropriate authorities to review the matter.

We have a simple message for President Bola #Tinubu, the @OfficialAPCNg, and their associates: Thank you for the offer, but no thanks.

@realDonaldTrump @JDVance @SecRubio @SusieWiles47 @HouseForeignGOP @HouseForeign @SFRCdems @StateDept @AsstSecStateAF @SenateForeign @SenTedCruz @RepBrianMast @SusieWiles @FBIDirectorKash @USAttyPirro @FoxNews @washingtonpost @joerogan @ONDCP @DrugCzar47 @AGToddBlanche @USAttyPirro

[Charles Odega @Multidegas]

@DavidHundeyin I’m disappointed to say the least

[Charles Odega @Multidegas]

@Mimi_yakigar I also blame those women who are clapping and accepting those vehicles. Most of those women are mothers with kids and they are aware of situation at the time like this. We can blame leaders for their errors, but most times they are encouraged by the followers. Shame on them

[Charles Odega @Multidegas]

How many legs do you count?

[Charles Odega @Multidegas]

May the souls of those who perished under his silence find peace. And may Nigeria never again mistake evil, incompetence, weakness or failure for leadership.

[Charles Odega @Multidegas]

In the past few days, Nigerian government has declared a week-long mourning period for former President Muhammadu Buhari. Flags are flying at half-mast. Tributes are pouring in. Yet I, like many Nigerians, cannot in good conscience participate in this ritual of national mourning

[Charles Odega @Multidegas]

the face of national tragedy.

I do not rejoice in his death. But I will not lie in the name of tribute. Mourning is for those who stood with the people. Justice must speak, even in death. And justice, like history, cannot be rewritten with flags and speeches.