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Obi: How Obiano Mismanaged My N75bn Savings - Politics - Nairaland

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Face-off: How Obiano Mismanaged My N75bn Savings In Anambra—peter Obi / Faces Of The Officers That Allegedly Mismanaged, Diverted And Looted $2.1b / Face-off: How Obiano Mismanaged My N75bn Savings —obi (2) (3) (4)

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Obi: How Obiano Mismanaged My N75bn Savings by Titto93(m): 8:32am On Nov 21, 2015
Former Governor of Anambra State, Mr. Peter Obi, has reacted to
Governor Willie Obiano’s recent allegation that the N75 billion savings
handed over to him (Obiano) by Obi, in March 2014, were far less than
the actual figure, accusing the current governor of distortion of facts and
gross financial mismanagement.

At a recent press conference in Awka, the Anambra State capital, Obiano
had dismissed Obi’s claims as “half-truths,” pointing out that the former governor left the state with a heavy debt overhang of N106.2 billion when his tenure expired on March 17, 2014.

He had wondered how Obi could have given Ndi Anambra a rosy picture
of the assets he left behind without showing them the liabilities he incurred.

The governor, who spoke through the Secretary to the State Government
(SSG), Prof Solomon Osita Chukwulobelu, held that out of the
N185.1billion, the Obi administration could only pay the sum of N78.9
billion when it handed over power in March last year, bringing the total
liabilities to N106.2 billion.

But Obi, who opened up yesterday in a statement made available to
journalists by his media aide, Valentine Obienyem, decried how Obiano
squandered the hardearned savings in foreign currency which would have
gone a long way in sustaining the development of the state.

The statement entitled: ‘We Need a Public Debate on the N75 billion
Peter Obi Left,’ provided details and listed the areas the money was
frittered away to include N5 billion approved by the present
administration for the celebration of the first 100 days in office, the N1
billion monthly security vote, hundreds of billions spent for 2014
Christmas decoration and buying of horses and the N40 million to mount
the gates at the Government’s Lodge.

Others include N35 million spent to mount the gate at the Government’s
House, change of roof at the Government House which gulped N700
million, change of all the tiles in the Government House to pale granite
at N150 million, procurement of dining table at N25 million, seats at
N50 million, gold bed from the United States at N30 million and another
gold bed for the governor’s wife at N25 million.

Giving a further breakdown on how Obiano successfully depleted the N75
billion savings within a short period of time, Obienyem said N40 million
was spent on imported kitchen cabinet from the United States, N150
million for musical sets for Aguleri, acquisition and relocation of all
lands around the governor’s compound at Aguleri, as well as the
increase in Commissioners and Special Advisers pay to over N400,000
monthly as against N190,000 Obi’s administration paid.

Other areas the savings was mismanaged include the increase in salary
of Senior Special Assistants from N160,000 to N300,000.

According to the former governor, Obiano had also used more vehicles in
less than two years than what his predecessor used in eight years, with
the present SSG using three Prado SUVs and two Toyota Hilux cars; the
Chief of Staff two Prado SUVs and two Toyota Hilux cars and the
Principal Secretary using two Prado SUVs and one pickup car.

While saying that there was nothing wrong in government borrowing
money to meet its genuine demands, Obienyem dismissed the claim that
the Obi administration left debts on contracts executed.

He said: “They said that Obi left N106.2 billion (wrong figure) over
hangon contractual debts alone. I challenge them to publish the schedule
of the debts and the companies being owed.

“As at the time Obi left office, he paid for all the certificates generated
on contracts awarded. Certificates are generated on the basis of work
completed. Are they saying Obi ought to pay for contracts yet to be
done? The same man saying this awarded 35 fresh roads within his first
year in office at the total cost of over N81 billion out of which he has
paid N10 billion.

“On the other hand, Obi awarded roads totalling N93 billion in his last
year in office and paid a total of over N51 billion on those roads before
leaving office. Most of those roads were used to campaign for him
during electioneering on the premise of continuity,” the statement said.
On the claim by the present administration that it met only N9 billion
cash in the treasury, Obienyem said: “It is shocking to note that the
Anambra State government said they only met N9 billion cash in the
treasury. The point is that Obi left N37 billion in the treasury.
We have the statements of accounts from the banks as at March 17, 2014.

Let me illustrate using a few examples.
Fidelity Bank and the money in the
account as at March 17, 2017: account Name: Ministry of Works, No:
5030005514, N2,403,862,359.89;
account Name: Ministry of Works,
Housing and Transport, No: 5030025545, N2,029,706,380.45;
account
Name: Local Govt Community Development, account No: 5030042391,
N1,734,069,061.09;
account Name: Government Account, 5030047097,
N3,048,355,196.

Diamond Bank: Account Name: Anambra State Subsidy Account,
account No: 0026290200, amount N5,126,258,908.72;
account name:
UBE Matching Grant Account, No: 0031151473, amount
N2,101,864,766.68;
account name: Anambra State Joint Local Govt, No:
0022404540; amount N3,276,354,490.46.

First Bank: Name of Account: EF/IGR Consolidated Account, no is
2018779464, amount is N2,139,951,400.00.

Enterprise Bank, account
name is Govt House, Awka, Account no is 1400036138 and Amount is
1,928,596,191.25.
The total is N23,789,018,751.”
Every effort by THISDAY to speak with the Special Assistant to the
governor on Media, Mr. James Eze proved abortive as he was said to be
attending training.

source: www.thisdaylive.com/articles/obi-how-obiano-mismanaged-my-n75bn-savings

Re: Obi: How Obiano Mismanaged My N75bn Savings by ify2016: 8:33am On Nov 21, 2015
Peter Obi cannot be mocked....
Obi was one of the best performing governors during Jonathan's administration.

Accusation and counter accusation everywhere.

Obiano take am jeje o..But government come o why u dey lie lie anyhow..

1 Like

Re: Obi: How Obiano Mismanaged My N75bn Savings by benedictnsi(m): 8:35am On Nov 21, 2015
Ok
Re: Obi: How Obiano Mismanaged My N75bn Savings by FreeGlobe(f): 8:40am On Nov 21, 2015
Public Notice: As Peter Obi Intensifies Calumny Campaign in the Media: Ndi Anambra Beware!

This is to alert the general public and the good people of Anambra State of some fraudulent documents being circulated in the media by Valentine Obienyem, an employee of the former governor of Anambra State, Chief Peter Greg Obi.

The documents contain spurious and incredulous claims of how Peter Obi’s phantom N75bn was allegedly spent by the governor of Anambra State. Curiously, Mr. Obienyem himself had admitted in a live programme on Channels Television on Wednesday November 18, 2015 that former governor Obi did not leave the sum of N75bn in cash to his successor.

These fabricated documents are nothing but products of the fevered imagination of former Governor Obi and his agents who are out to destabilize the high-performing administration of Governor Willie Obiano. They should therefore be ignored by the general public for the following reasons –

1. These documents are not part of the contentious Handover Notes that Chief Obi passed onto Governor Obiano on March 17, 2014.

2. Mr. Obienyem admitted on live television that contrary to the bogus claims in the contentious Handover Note, former governor Obi left only N26.5bn in foreign investments and N35.5bn in “liquid currency” consisting of mobilization fees paid to contractors handling shopping malls, hotels and business parks in Onitsha amongst others.

3. Mr. Obienyem also further admitted that the Handover Note Obi passed onto his successor had only assets and no liabilities thereby perfectly covering up a staggering N106bn indebtedness to local contractors by the former administration.

4. In the spirit of Obiano’s Continuity Promise, the government of Anambra State has accepted all the liabilities left behind by the Obi administration and has since paid out the sum of N35bn on the projects inherited from the outgone administration.
5. As at July 31, 2015, the Obiano’s Administration had achieved an additional 19.0%, taking the completion rate to 61.6% on inherited projects from the past administration.

6. The Obiano administration has so far spent 50.8% of its FAAC Revenues on settling payment certificates from inherited projects from the past administration
7. Nevertheless, the Obiano administration shall continue to honour all verifiable financial obligations entered by the previous administration on behalf of the government of Anambra State.

What then we must never Forget
As former governor Peter Obi and his foot soldiers intensify their diabolical campaign against the governor of Anambra State, here are some of the highlights of Governor Willie Obiano’s 19 months in office that they cannot erase –
1. In less than six months, Governor Obiano recovered Anambra from kidnappers and armed robbers and made Anambra the safest state in Nigeria turning the once notorious Upper Iweka into an island of peace.

2. In less than one year, Governor Obiano attracted $2.4bn investments to Anambra State with Coscharis Farms, Ekcel Farms, Hyper Farms, UDIPPCO Limited, Richborn Auto Assembly Limited and West African International Market in Ogbunike already underway and creating jobs for Ndi Anambra.

3. Governor Obiano inherited internally generated revenue figure of N450m from Obi and in less than one year, raised it to N1.3bn thereby creating enough buffer to save the state from the shock of dwindling revenues from the centre.

4. Governor Obiano has effectively changed the landscape of Awka with three ultramodern flyovers nearing completion simultaneously.

5. Governor Obiano increased workers’ salaries by 15% at a time when other states are seeking for bailouts due to plummeting oil prices in the international market.

6. Anambra under Governor Obiano is one of the few states in Nigeria that is not on financial life-support from the Federal Government.

7. Anambra under Governor Obiano was the only state in Nigeria that paid workers salaries in the month of October this year without external assistance (this is verifiable).

8. Governor Obiano launched a comprehensive urban mass transit scheme and set up a modern water transport system to connect the riverine communities in one and half years of his regime.
9. Governor Obiano has concluded a comprehensive aerial mapping of the Awka Capital Territory and completed the designs of the new 21st century capital city that will become the pride of Ndi Anambra.

Above all, Governor Obiano achieved all these without touching the N9bn left behind in bank balances by the administration of former governor Peter Obi. Now, the time has come for well-meaning Nigerians to ask former governor Peter Obi ‘what exactly do you want?’

Thank you

James Eze
SSA Media to the Governor

http://www.absradiotv.com/index.php/national/36-south-east/2342-as-peter-obi-intensifies-calumny-campaign-in-the-media-ndi-anambra-beware
Re: Obi: How Obiano Mismanaged My N75bn Savings by FreeGlobe(f): 8:40am On Nov 21, 2015
ify2016:
[s]Peter Obi cannot be mocked....
Obi was one the best performing governors during Jonathan's administration.

Accusation and counter accusation everywhere.

Obiano take am jeje o..But government come o why u dey lie lie anyhow..[/s]

joke of the day
Re: Obi: How Obiano Mismanaged My N75bn Savings by ify2016: 8:44am On Nov 21, 2015
FreeGlobe:
joke of the day
fastest observer for the joke of the day
Re: Obi: How Obiano Mismanaged My N75bn Savings by kestolove95(m): 9:16am On Nov 21, 2015
Dix obiano will soon join apc

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