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.
“Peter Obi can never become president, Igbo can never become president. They should kick him out of the presidential race and leave Tinubu and Atiku. Even if he wins, we and our oga will take money and make sure he doesn’t enter Aso rock. He’s m@d”
Nigerian police officer says😳🙆🏼♂️
TAKE NOTE OF THR FOLLOWING JUST IN CASE!!!!!!
When you want you to write a statement at the POLICE station or EFCC or law enforcement office;
1. Don't leave blank spaces, cross a line over any blank space left once you are done.
2. Remember to put full stop once you are done writing and sign at the front of that full stop.
3. If you are forced to write a statement against yourself.
DON'T WORRY, at the signature part.
Just add UD as part of your signature (meaning under Duress)
4. It is not a WAEC answer sheet where you must fill up all the page, write what you know only and cross line on the space remaining.
5. Don't agree to write a statement when your lawyer or someone you trust is not there.
If they force you to write, remember (number 3 point.)
6. Avoid answering unnecessary questions when your lawyer is not there.
You have the right to remain silent, cos anything you say can be used against you in court
7. If POLICE send you invitation during weekend, try tell dem say you go show face on Monday as you are out of town for now, cos they will probably detain you till Monday before they can transfer you to court if the matter is the one the type they need to transfer to court
8. Don't forget to share this p0st
9. Sign on every page of the paper, not just the final page
10. If there is a mistake when writing, cross it out cleanly, write the correction, and place your initials directly beside the alteration.
Happy taco Tuesday 🎉
We need to know who all the 37 States INEC Returning Officers are and their family members.
These people are often Professors who kept rigging elections and putting the nation in jeopardy just to feed their greed.
We need to know them and begin to warn them against rigging 2027 elections.
37 greedy people cannot continue to ruin our nation! Not anymore!
Ire o✌🏾
Just as we dragged LP handle pre-2023 till the handle became active, we’ve now dragged NDC handle. Now they are active.
Dragging means we want things to work. If we do not speak or criticize , how will you know where to improve.
The improvement these last few days have been palpable.
@dunbar64429@poka_93800@Imranmuhdz My dear brother, a weakling will always be no matter the kind of backing given to him. Rotimi Amechi, hope that name sounds familiar? Should I go on and on to pinpoint serving Governors who stood they ground when Federal might was upon them ?
@EjioforBar Dear Sir @EjioforBar …. So you want that solid Olodo man to read this? Don’t worry when he finish attacking Obi, maybe he might consider reading it