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.
@Urchilla01 I can guarantee this works 100%. Allow the water to boil, place eggs in boiling water and sprinkle a little salt. Run the eggs in cold water. You get a perfect peeled egg ALL the time. Try it.
The wait is over.
We have 2 golds: Chimdiebube Onwubiko and Don Anele Munachimso.
We are the best in the world!
Egejurum Onyedikachi’s name was omitted. He should have a gold.
Owning Up to Leadership Failures and Political Responsibility
This morning, I listened to the British Prime Minister’s speech announcing his planned resignation in July. As a keen observer of global politics, my primary interest lies in examining what successful nations do right and the structural factors that cause others to lag or struggle with governance and development.
The Prime Minister’s planned resignation comes amid mounting public frustration over a stagnant economy, a worsening cost-of-living crisis, and a perceived failure to honour key campaign pledges.
Looking inward in our dear country, we can recall our own situation. Before 2015, our President on several occasions championed the call for the then President Goodluck Jonathan to resign over economic hardship and insecurity affecting Nigerians. During the Chibok school kidnapping incident, he demanded the immediate resignation of President Jonathan, arguing that the government had failed in its most fundamental duty of protecting lives.
During the 2023 election campaign, President Bola Ahmed Tinubu made several promises, including improved electricity supply. He also challenged the electorate not to vote for him for a second term if he failed to deliver on those commitments—particularly in providing stable power, fighting corruption, and improving the welfare of Nigerians.
At present, however, these conditions have worsened. Electricity supply remains unreliable, insecurity has intensified in many areas, including kidnappings, and economic hardship has deepened rather than eased. Similar concerns are reflected across other critical sectors such as security, infrastructure, transportation, and anti-corruption efforts, all of which have regressed. We are in the worst possible condition.
I, therefore, join Nigerians of goodwill in calling for the resignation of the President over monumental failure in governance. Such a gesture would help enthrone a political culture rooted in accountability and responsibility, rather than further entrenching impunity. It would also send a powerful message that public office is a sacred trust, not an entitlement, and help build a society in which future leaders understand that failure carries consequences. Only by ending the culture of impunity can we secure a better future for the society our children will inherit in a New Nigeria that is possible. -PO
@IgboHistoFacts Great player, but let's be factual: Michael Olise is actually Urhobo, not Igbo. His middle name Akpovie gives away his true Delta Urhobo roots. We can celebrate him without misidentifying him.
@caraksha103 In Nigeria, it's quite different oh. After you pick your bags, airline reps actually cross-check the tags on your luggage against your boarding pass before you're allowed to exit the arrival hall.
Honestly… it’s scary out here.
A young person finishes school, gets posted, serves, comes back, and suddenly Lagos is asking for almost ₦10 million just to start breathing.
Rent alone can wipe out ₦3–₦5m once you add agent, caution, and advance.
Basic furniture, small fridge, gas, mattress, another ₦2m is gone.
Laptop, phone, data, power, you’re pushing ₦1m.
Then food, transport, random emergencies… life keeps happening.
And after all this, the same system offers you ₦150k–₦250k salary and says be patient.
Patient for what, exactly?
An economy where graduates can’t afford adulthood is not a healthy one.
The truth is simple: the cost of life has completely divorced income.
The future doesn’t feel exciting to many young people anymore.
And until we stop pretending everything is fine, this problem will only get worse.
You are not deficient because you’re not speaking in tongues. How can you be when God indwells you?
Don’t be afraid of anything. Your Heavenly Father loves you and wills you good.
For a lot of us, our one true claim of spirituality is tongues. It’s the ONE thing that makes us feel like we belong; like we have SOMETHING supernatural. There’s no greater compliment, no greater praise than:
“He/She is a tongue-talking Christian.”