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Peter Obi's 2014 Financial Document Released Amid Debt Dispute

Politics
Peter Obi's 2014 Financial Document Released Amid Debt Dispute

The Obidient Movement, led by National Coordinator Yunusa Tanko, released a financial handover document dated March 17, 2014, signed by Peter Obi, the presidential candidate of the Nigeria Democratic Congress (NDC) and former Governor of Anambra State. This document was shared amidst ongoing disputes regarding Anambra State's debts and financial obligations inherited by subsequent administrations.

The document details local investments worth N27bn, foreign currency investments of US$156m (valued at N26.5bn), and certified balances totaling N28.166bn, alongside a Federal Government-approved refund of N10bn, culminating in a total of N91.666bn. After accounting for estimated liabilities of N5bn, the net balance was reported as N86.666bn.

Obi has consistently denied leaving any unpaid salaries or liabilities, challenging the state government to provide contrary evidence. Anambra's Commissioner for Information, Law Mefor, disputed Obi's claims regarding an ecological fund, asserting that the account in question was an Internally Generated Revenue Consolidated Revenue Account.

Plus234Feed summary based on reporting from Politics Nigeria. Read the original report below.

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