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.
¿POR QUÉ LA CIENCIA OFICIAL NO SABE EL ORIGEN REAL DEL PETRÓLEO?
Porque la versión que te venden es falsa. Te dicen que el petróleo viene de dinosaurios y plantas muertas de millones de años atrás (teoría fósil).
Pero hay un problema: se sigue encontrando petróleo en lugares donde nunca hubo vida orgánica, a profundidades imposibles y se regenera en pozos que se creían agotados.
La verdad que ocultan: el petróleo es abiótico, se genera en las profundidades de la Tierra por procesos químicos y geológicos.
Es un recurso natural que se renueva constantemente. ¿Por qué mienten?
Para mantener el mito de la “escasez”.
Así controlan el precio, justifican guerras y te mantienen dependiente de su sistema energético.
El petróleo no es un recurso finito que se acaba.
Es otra mentira para controlarte.
Adolf Hitler explains his reasons for invading the Soviet Union in Berlin on October 3rd, 1941.
Why didn't they show us anything he had to say in school?
FIRST LOOK: footage from inside Noah’s Ark
Gopher drone was sent down into the core drilling holes in an attempt to reach the mapped voids. Gopher needs some modifications in order to look around, as his wheels had trouble moving on the very loose sediment on the ground.
As radar scans accurately told us, No rock or bedrock found.
Become a part of history! Help us cover core drilling costs and third party lab expenses: https://t.co/QxEcfVMmrD
🚨 Amad is important to Carrick ball just as Raphinha to Hansi flick ball
‼️ There are player who offer the INTANGIBLES which Stats don’t have answers to
🚨 How the Heysel Tragedy Stopped the Domination of EPL Teams in Europe like no league ever done before and till today
‼️ How the European ban on EPL teams left us with Lots of Big Questions and IFs till today.
‼️ How the ban changed Everton and Liverpool history forever
6 straight days without a bath. Vehicle breakdown in the heart of the desert. Becoming slaves to Arab traffickers.
Part II of my migrant investigation released by @fijnigeria
UNDERCOVER: Europe Through the Sahara Desert and the Mediterranean Sea (II) https://t.co/4OY1xALkGu
“My name is Owoyinbo, I’m a graduate of Ekiti state university. I once scamm£d AIT, I can hakc any bank acc0unt, I create websites that I use to hakc people’s acc0unts. I once cashed out £202,000 but they stole it from me”
The dark side of Ikotun, Lagos 💀