Peter Obi counters Anambra debt claims with document

Peter Obi, the presidential candidate of the Nigeria Democratic Congress, released a handover document in response to claims from the Anambra State Government that his administration left behind loans and financial liabilities. The document, published by Dr Yinusa Tanko and dated March 17, 2024, shows a net positive balance of over ₦86 billion at the end of Obi's administration.

This release comes amid ongoing disputes regarding Anambra's debt profile. The state government, represented by Commissioner for Finance Izuchukwu Okafor, maintains that it is still repaying loans from previous administrations, including those of Obi and Willie Obiano.

Okafor stated that inherited loans are part of the current administration's financial commitments. Obi challenged the Soludo administration to provide evidence of the alleged debts, stating he would end his campaign for the 2027 presidential election if proven.

Law Mefor, the Commissioner for Information and Value Reorientation, disputed Obi's claims, asserting that eight external loans from Obi's tenure remain outstanding, totaling $92.35 million, equivalent to ₦127.37 billion as of June 30, 2026.