udele1:



You still have not shown any written records of the 100 billion debt obi left.

So the world is waiting for conference center to host events in the east?

How many world conferences have taken place in Abuja in 4 years?

Talking about hotels. List 5 best hotels in Awka and post pictures of the roads leading to those hotels.

All your legacy projects are less than $100 million. So the investment obi attracted, will generate more money than the legacy projects.

It would have been better that obiano fixed those funds in a bank, than loot in the name of legacy project. The only thing viable there is the airport and still, it cannot generate enough money to clear the debt it atteacted, because it was an avenue to loot public funds.

Don't forget, the legacy projects were built from Obi's savings.

If peter obi wanted he can decide to build legacy projects. Build airport, conference center etc. Use them as an opportunity to loot the state dry, then hand over huge debt and legacy projects to obiano. Then we will know where obinao will get money to loot.

But obi invested in more stable instruments, yielding interested in foreign currency.

Attracted sure investments with regular demand. Made Anambra the single highest share holder in AB Inbev.

Thats what investment is all about. Not rubbish legacy projects, used for looting.

udele1:


All those legacy projects cant generate 10% of income from sabmiller and other dollar investments.

I will like to see records of the 100 billion debt you claim obi left.

I dont recall when the world had a conference in Eastern state. So the state will end up spending more to maintain a center that might never be used.

Substandard flyover that cant carry heavy trucks.

Lets see how much awka stadium generates.

Even obiano admitted he used obi's savings for infrastructure. Obi that had less IGR, did more roads, and saved more.

Anambra Finances: Soludo has taken a bold step
For every trend, situation and development, we all have our personal opinions and we are all entitled to them.
Thus, this is just my opinion, my entitlement and it is a long note!
Yesterday, the Anambra State Governor, Prof Chukwuma Soludo said (as reposted by my dear brother, Mazi Ejimofor Opara);
"The audited account of Anambra State as at 31st December, 2021 is published, anybody can access it. You can get it, you see our assets, liabilities and so on. And then, of course, as at the last date. What you now have to do is between the audited account as of the end of the year and as at the day of handover. You know if there were further liabilities and all of that.
"But, in terms of the audited account certified and published already, yea, everybody knows that the State's finances are not quite robust to put it mildly. The debt probably is in the range of hundred and something billion. In terms of debt. And then, cash, from what I saw in the end of it, a few hundred millions. Say 300 to 400 million Naira.
"That's what the state has, I mean that's the base. But we are still going to have the reconciliations and all the accounts from January to the date that we took over and would put it out there"
End of quote!
Without minding the sensations, misinformation and cruise-calls & subs that emanated from these clearly stated words of our dear Governor which were obviously used by mischievous many to mock the State Government especially Chief Willie Obiano and his family, to trend or simply to join the cruise;
I want to point out 5 major takeaways in the revelation made by Prof Soludo:
1. Anambra State Government Cash at hand is 300 to 400 million;
2. Anambra State debt is hundred and something billion... less than 200bn;
3. Anambra State finances is not robust;
4. The Anambra State audited account is published and anyone can access and assess it;
5. Reconciliation of accounts will still be done to actuate the state of accounts as at March 17, 2022 and that will be published;
If you understand any other thing aside these 5 pointers, then you either misconstrue the lucid words of Prof Soludo or deliberately using the moment to throw punches and catch cruise.
As Onye Anambra, who is a bit aware of how Obiano started and some of the challenges faced, I tell you this:
Obiano has written his name on gold, no matter what anyone thinks about it and no amount of insults or bickering can alter that unerasable fact.
He is a man who governed Anambra State in a time our dear country faced recession twice and he refused taking bailout funds from the Federal Government;
Yet, he was able to meet all the obligations of running the government, met major needs of the people, paid workers salaries, brought back night life, catalysed lots of new ventures, opened up many villages, lit up Anambra State, gave youths the platform to excel, made Anambra the safest State (before the recent dip in security), gave us identity to pride with, etc;
And aside all these, Obiano will ever be remembered for the following legacies:
He has at least one Infrastructural project bearing his name in all the 181 communities in Anambra State (grassroots legacy projects through the Community Choose-Your-Project Initiative);
He built the International Airport which is already generating revenue;
He built the International Convention Center which is expected to stimulate a chain of revenue generating activities;
He built the Awka City Stadium which is already hosting National League games with Rangers of Enugu presently using it as their home soil;
He built the 3 flyovers in Awka which changed the skyline of the State's Capital in addition to 13 other bridges including the longest bridge in South East Nigeria;
He opened up the agro-value chain making ndi Anambra major food producers and wealth creators as farmers, off takers, marketers, etc;
He nurtured and expanded Digital Entrepreneurship making a lot of ndi Anambra especially the youths appreciate and gainfully utilise the treasures in the Digital Space;
Amongst many others!
The only crime Obiano committed is not doing all that we wished for especially in areas of road construction & touts menace... He didn't construct or maintain as much as we wished!
You see this very crime? It will be committed by all as no leader will ever do all!
That said, no human is perfect... So, Obiano had his flaws, too!
But we are sober and some feeling pathetic because we'd prefer to dwel only on that area he "failed" without thanking God for the many areas he did amazingly well;
Some are even using this opportunity to once again tag their fellow Social Media Players as "erats"; isn't that very low?
The interesting thing about name-calling is that, when a player repeatedly calls another player an idiot, the audience will begin to believe that players are also known as idiots including the player that thinks his colleague is an idiot.
Bikonu brethren, it's time to face the challenges of today:
Chief Willie Obiano has come and gone, he has done his best and has moved on;
If for nothing, he believed in Prof Soludo and against all odds, stood by him to be his successor, fully convinced that Mr Governor will take Anambra to a greater height.
It's Obiano's call to clear himself with EFCC and many of us believe that he will do so and come out stronger, just as required by law; that's why you see #IStandWithWillie or #IStandWithObiano, here and there.
But if you are too disturbed that you must dwel on what Prof Soludo said yesterday, then continue but show decorum and exhibit intelligence by noting that:
5. A reconciled account will be published later to confirm the actual status of the State's Account as at March 17, 2022 that our dear governor took over;
By then, we will know all the accessible funds and not only cash available, we will know the actual debt figure as well as the liabilities owed the contractors for projects already awarded.
This is normal, just like Obiano inherited N75bn in cash and investment with only N9bn as accessible funds as at then and with over N108bn in liabilities owed the contractors for projects already awarded.
Then we will also know if the investments that Obiano inherited are no longer there, both the bonds and companies.
4. You can look for the audited account of Anambra State to be rightly informed before casting aspersions on the State Government and its leadership, both former and present;
3. Due to the National cum global economic crisis, no State in Nigeria has a robust financial... In fact, Anambra State is one of the healthiest. 4th best economy in Nigeria and the number in South East;
2. Anambra State Debt is less than N120bn according to the recent release by Debt Management Office and that's when you combine but the domestic debt of N55bn and the foreign debt of $110m (@ N560 per Dollar)
Only 5 States are owning less than Anambra out of 36 States in Nigeria plus FCT; and in South East, other States except Ebonyi owe much more than Anambra.
Again, we will know how the debts were incurred and when... Are they all new debts under Obiano are there old debts and unpaid counterpart funds that have been accumulating?
1. The cash at hand of 300 to 400 million could increase or decrease after careful mop up of all MDAs to certify their balances.
It's that simple!
I took time to write this not to defend anyone but to give us direction and encourage healthy and quality engagement by rightly informing many of us;
...That's why I tried using the layman's language!
Personally, I look at the positives in what Prof Soludo said and that's why I reiterate that he has taken a bold step by giving a hint of Anambra Finances.
This revelation of his, will put an end or at least slow down the opposition who are doing everything possible to instigate a rift between him and his predecessor;
Which they will start by causing a cold war amongst APGA Digi-Family and dividing past and present political appointees into "Obiano People and Soludo People";
They do not come with love for anyone or our dear State... They are pained and are doing so much to disintegrate the APGA family even if it means putting the name of our dear State in the mud.
Again, the revelation by Prof Soludo has killed the fake news by the opposition that Anambra has a debt of over N400bn instead of the less than N120bn released by DMO;
This revelation has also made it impossible for us to have years long bitter argument over the state of Anambra Finances like we had during the last regime.
For 8 years that Obiano was the Governor of Anambra State, he faced a coordinated attack on his person, his family, his administration and on anyone who dared to support him;
Those who led the attacks have today claimed to be watchdogs who were only criticising and shouting against bad governance... They're now denigrating those who stood for the State and defending their ill-fated gruesome war; hmmm!
May such people and such attacks not be faced by our dear Governor, may we all unite to support Prof Soludo;
APGA has been a blessing to ndi Anambra through the Obi-Obiano and now Soludo transition... Let's not lose this fact!
Today we have:
First: Obi who handed over Savings;
Second: Obiano handing over less than N120bn debt + revenue generating Airport, ICC, Stadium, etc;
Third: Soludo who will hand over mega legacy projects and a very robust finance!
Gentlemen, let's rejoice... A better future is for a better ndi Anambra!
NB: I have my reservations about Obiano's administration and I have my opinions on why Akpokuedike "failed" in some areas but I don't have to post them here just to appear woke and make you happy... I make use of internal communication to air such views as long as such channel is open and effective!
The bottom line is that;
Soludo Solution Is HERE... Let's Support HIM!
I Am Engr Ifeanyi ANIAGOH... And I'm Proudly Onye Anambra!!

gariepinus:
[s]Obiano did nothing.. Obiano left our roads in sorry state..Obiano is very stupid.. Look at Onitsha today..Obiano can not even construct roads..beautify and plant flowers..clean the roads and fight against unnecessary dumping of refuse by people.. Just small touch to make city great and attractive.. Onitsha have been left to be city of Chaos for along. But it may have a new look as soludo promised to do something about it. Obiano must not go scot free...efcc should do the needful. Black people are very far to development. Very Wicked. What will it take a Governor to beautify roads,clean them,reconstruct and mark the roads..create law to tackle reckless dumping of refuse..... both the commissioner for environment and the Governor must be called this name. Fools..is high time they Begin to offer this corrupt politicians eternal life in prison so that they will hv fear for once.[/s].

Jonathan39:
[s]Obiano is a criminal the reason he tries to run to USA. He will vomit the security vote and parish fund. As for rot, his predecessor left Billions for him, but he couldn't save up to a a billion for soludu. Obiano left Anambra In worst state than he meet it. May his type never go close to Agu Awka[/s].

djon78:



You are a lone Wolf on this one. Peter Obi is as free as a bird, no corruption case against him.

But Willie was arrested the same day he left office.

Very very shameful

He will go to jail definitely

udele1:


Obiano comfirmed he sold dollars from Obi's investment. And promised to put it back, only to leave an empty treasury with debt.

Both Obiano and victor umeh confirmed his savings . The videos are out there.

udele1:


Audi that obiano appended his signature to? But employed 6000 and left money for their salary?

Doctors go on strike all over the state, but he built hospital. Upgraded health centers.

Built university and upgraded standard of education.

Obiano and his legacy project, is the first governor that attempted to flee Nigeria the same day he handed over.

Any credit you wish to give obiano, must first go to peter obi. Because obiano achieved it through obi's savings.

udele1:


[s]He is the only governor that left 75 billion in cash and investments. No other governor has done such in Nigeria.

If you are talking about who stepped on toes its peter obi. Thats why he was able to save.

Obiano had many friends because he was squandering obi's savings.

Today he is there alone.[/s]

udele1:

[s]
He is right. Obi left no debt. Subtract his debt from what he left behind. Anambra account will still be positive.

What obiano left only debt with substandard over bloated legacy project that will still cost the state more money to maintain, while waiting for the world to host international conference in Anambra[/s].

Jonathan39:
It sounds impossible to you cos your Obaino cant achieve that. Why is EFCC following him up while Peter Obi is walking freely

djon78:

[s]
You are guys are talking with a man who calls lie truth.

Common sense couldn't tell him that Obi he has been insulting has been walking free, never harassed by efcc one day.

But obiano he is calling saint, was arrested same day he handed over.


My happiness is that Willie obiano will go to jail
His sons are too much
What he did to Anambra State is pure evil

He will be the first governor from South East to go to jai[/s]l

Alaigbopress:

I still maintain that you don't know any where in Anambra.

Jonathan39:
Once argument enters father and mother, I withdraw myself. Have a nice day . You've run out of ideas

Mrkumareze:
Stop saying rubbish, we all lived in anambra, we know how life is in general during Peter Obi.. roads and drainage were well constructed in every community. Sanitation was cute, Agboros were no where like it was during Obaino.
Many factories came into existence as a result of Obis government .. from bridge head to ogbinike axis, we all know how it was before obi came, even upper Iweka towards owerri Road...

Omanambala:
[s]EFCC VS Chief Willie Obiano.

1. 11.3b Paris Club Refund squandered.

2. Over 75 Billion left by his predecessor squandered.

3. 56 Million Dollars left by his predecessor squandered.

4. Borrowed and squandered over 111.48 million Dollars from China and India.

5. Owing contractors over #200 Billion.

6. Collected back from contractors money paid to them by Mr. Peter Obi for some projects, like the three arms zone, new Govt. House, Chief Judge’s house, etc.

7. 1.2 billion Naira security votes per month.

8. Unaccounted IGR stolen.

9. Question on what happened to gratuities of retirees since 2017.

10. To give account of some of the houses he purchased all over the world, example being the castle at 10 Ruxton Rd, off Bourdillion Street, Ikoyi. He bought it through his front and a popular Anambra transporter.

11. LGA funds squandered for 6 yrs.


There Is No Hope


Obiano defenders come a break this down.....lol[/s]

Biafran4life:
[s]Always watch your shadow because your death is near.Your cursed family will weep beyond imagination.For the thief who stole anambra dry he will definitely land in jail mark my word.He was running away thinking he could escape.Why is he running from his legacy projects.You are as good as dead corpse walking.You must be one of those touts leaders who must have benefited from extortion. What a bastard[/s]

Omanambala:
[s]The former Managing Director of Diamond Bank, Dr. Alex Otti, has cleared the air of doubts in the minds of cynics who believe that the N75 billion savings the former Governor of Anambra State, Mr. Peter Obi, left for the State was a hoax.

Otti, in a statement, praised Peter Obi for his financial prudence which enabled him to save up N75 billion in both local and foreign currencies for Anambra State as a governor before leaving office. According to him, the dollar component of the savings is now worth over N95 billion.

Otti explained that it was through a high level of managerial ability that Peter Obi was able to achieve a great financial feat ‘in a state that was reputed to have been owing civil servants and pensioners’, by clearing off all debts inherited from his predecessor and still left behind a fortune for his successor.

COVID 19: Anambra Discovers 4 New Ventilators Procured By Peter Obi’s Govt

Confirming the N75 billion savings, Otti, who was the Chairman of Diamond Bank, one of the banks where the money was domiciled, stated again, as he had done many times before, that Peter Obi left a whopping N75 billion for the future generation of the state.

Speaking on the Dollar component of the savings, he said: “Like yours truly had done in the past, one can attest to the fact that some $155million was invested in the tier two capital of three Nigerian banks with maturities of about 5 years at interest rates of up to 9% per annum to the credit of the State.

As at the time the investments were made, the Naira equivalent of the funds was about N25b. If those funds were rolled over at maturity in 2019, they would be worth about N62b today. If interest is assumed to remain at 9% for the past 6 years, an additional N33.5b would have accrued to bring the present value of the investments to over N95b. This is one of the advantages of prudence and financial literacy”, Otti wrote.

Buhari Warns Governors Over Judiciary & Legislative Order

Otti, who said Peter Obi successfully cut off profligacies in governance, described Peter Obi as ‘one of the few leaders of the country that has his head properly screwed on his neck,’ noting that ‘in truth he is a true example of excellent leadership and accountability in today’s world where such attributes are in very short supply’.

Otti opined that it was the financial imprudence and lack of savings culture experienced at different levels of government that has almost crippled the nation after few months of lockdown. He therefore urged political leaders and public office holders to borrow a leaf from Obi’s prudence, financial responsibility and savings culture in their public and private lives.

It would be recalled that Peter Obi won the award of “Thisday Governor of the Decade.”


How about this from the horses mouth...lmao. Otondo[/s].

Omanambala:


Oh , look , he is from Anambra but he doesn't understand simple Anambra Igbo...lmao

Omanambala:


[s]Peter Obi left office over 8yrs ago with investments of over 75 billions which subsequently yielded profits. In addition of the profit earned from the investment Obiano had over 200 billions in his hands which he must account for. You can't save him![/s]

Jonathan39:
Peter Obi did not leave Anambra in debt. When you wake up from your dream, let me know.

Omanambala:


Ofeke lelu ana obi....disappear, church rat

udele1:


[s]Obi left debt and cash and investments that could offset the debt.

Interest from dollar investments can pay off debt without touching capital.

All the things u listed as income generation is not up to $100 million.

Obi attracted over $200 million in investment.

So the income generation and projects u listed can't pay 10% of the debt in 8 years of soludo's tenure.

Lets not forget, 80% of the funds obiano used came from obi's savings. He had to take extra loan after squandering.[/s]

udele1:


So the IGR was enough and he plunged the state into debt?

Jonathan39:
You gave which fact? How did Anambra end into debt, with the increase in IGR or are not wise?
He left 50 billion according to you, but soludu said he didn't leave up to half a billion. Go and sleep, your Obaino Is a failure

udele1:


Go and see the debt owed by other oil producing states. Even the revenue that will come from the oil airport etc has already been squandered by debt.

Is Nigeria not an oil producing country? Where are we today?

Doesn't Nigeria have several airports and conference centers? Where r we today as a nation?

80% of our income goes to servicing debt and the 20% can't pay salaries.

Thats the same condition obiano has left Anambra state.

Omanambala:

[s]
What is this nonsense. Are you rretarded or what ? You have nothing sensible to say than keep regurgitating trash. Yes , I am from Plateau state. What will you do about it...akali ogoli[/s]!

nzeobi:


Can you tell us the practical things obiano did to achieve that ?, The fact is that the good road nertworks and trust people have in Peter Obi especially anambrarians made them to start bringing their investments home and since it started under Peter Obi it continued under Willie or can you tell any manufacturing company that came into anambra during Willie that created direct jobs

udele1:


Legacy project is for gullible ones. A governor loots your treasury dry. Deprives you of basic amenities, then dumps an elephant project and massive debt on you, then call it legacy project.

Obi left 2 billion local debt and about 30 billion foreign debt.

His investment, cash left behind and interest cancels the debt. So it can be said that obi left Anambra state with no debt and a positive balance.

Obiano left over 50 billion local and over 100 million foreign, no investment, no savings and an elephant project for Anambra.

Omanambala:


[s]Says an impostor!! The people here see you for what you are. Stop pretending like you are worth a dime. You are not from Anambra and you self importance ends here on this thread. In real life you will not ever come near any Anambra gathering.

By the way Chino has access to my Facebook account.[/s]

Omanambala:


[s]
Oga, you are all alone in your Peter Obi's hate....lol

Replay Soludo's Arise TV interview and you will see the common Anambra praising Peter Obi ,still.

Now ,about Obiano; why did they stopped lorries from plying the fly over ? Is the bridge shaky and unstable? Why is the airport falling apart not a month after completion? Why was the ICC uncompleted before opening for use? Where is Anambra money ? According to Soludo , we have about 300 million left while our former governor tried to run away from the "paradise" he claimed he built.

When Obi left of he left behind an investment in the neighborhood of over 75 billion which was verifiable but today we are talking about a balance of a paltry 300 million while our ex governor tried to run off to America, a well organized and enviable society which he couldn't deliver to Ndi Anambra.

Let him stay in efcc custody and give account on how the state funds were depleted. One of his commissioner from Aguleri also acquired a very expensive house in Tennessee, Tx. These people must account for every penny.[/s]

Jonathan39:
[s]Dey mumu yourself, go and watch soludu interview with arise news. Obiano left 300m Naira, with 100billion debt. Audio IGR just like that of Ogun state. You must think you are arguing with your village people[/s]