Soludo's Government Disputes Obi's Debt and Savings Claims

The Anambra State Government, led by Governor Chukwuma Soludo, has intensified its dispute with former governor Peter Obi, who is also the Nigeria Democratic Congress presidential candidate. The Soludo administration released details of eight external loans totaling $123.77 million that it claims were inherited from Obi's administration, which ended on March 17, 2014.

As of June 30, 2026, the outstanding balance on these loans was reported to be N127.4 billion. The government also contested Obi's claim of leaving over N75 billion in savings and investments, including N2.13 billion in ecological funds in a First Bank account, stating that the account statement did not support his assertions.

Law Mefor, the Commissioner for Information and Value Reorientation, emphasized that while borrowing can be justified for infrastructure and human-capital development, the state received little in return for the loans, citing issues in public services. Mefor challenged Obi to provide evidence for his claims regarding the savings.