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APC Campaign Council Accuses Peter Obi of Fiscal Mismanagement

Politics
Blueprint
APC Campaign Council Accuses Peter Obi of Fiscal Mismanagement

The APC Presidential Campaign Council, through spokesman Dele Alake, has labeled Peter Obi, the NDC presidential candidate and former governor of Anambra, as unfit for leadership. This statement follows disclosures from the Anambra State Government regarding Obi's eight-year tenure, revealing unpaid workers' salaries and external loans totaling USD 123.77 million.

Alake stated that Obi's supporters had falsely portrayed his governance as fiscally responsible, claiming he left Anambra without debt. However, the Anambra State Government disclosed that Obi spent approximately USD 4.05 billion (N5.4 trillion) during his term and had contracted multiple external loans for various projects.

The APC campaign council emphasized that borrowing for development is acceptable, but criticized Obi for failing to demonstrate tangible results from his governance, including unpaid salaries for workers in some ministries. A memo from Obi's Chief of Staff in 2006 highlighted ongoing salary issues, indicating a history of financial mismanagement.

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