Peter Obi Claims $150M Left in Anambra Investments

Peter Obi, the former Governor of Anambra State, asserted that he left more than $150 million in state investments when he exited office in 2014, which he believes could have grown to approximately $335 million if reinvested. His statement was a response to the Anambra State Government's claim that his administration left $123.77 million in external loan obligations, with $92.35 million still outstanding as of June 2026.

Obi contended that the funds he left were in various bank accounts and could generate about $10 million annually. He argued that the total value of these investments, including compound interest, could have settled the outstanding debts while leaving $242 million for reinvestment.

He cited records from the Debt Management Office, indicating that Anambra's external debt was around $18 million when he took office in 2006 and approximately $30 million when he left in March 2014. Obi questioned how the state could have inherited the alleged $123.77 million debt from his administration.