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Okosodo's Posts

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PoliticsRe: Shettima Challange Everywhere. by okosodo: 10:10am On Aug 23, 2022
Vice presidency don suffer
PoliticsRe: 2023: Those Saying I Installed Buhari Are Delusional – Soyinka by okosodo: 10:07am On Aug 23, 2022
Accept your responsibility oga
PoliticsRe: SDP Disowns Spokesperson Over Comment On Tinubu by okosodo: 6:10am On Aug 23, 2022
A
Jobs/VacanciesRe: Should I Go Into Online Scamming by okosodo: 8:51pm On Aug 21, 2022
It is the only viable option left for you
PoliticsRe: Satumari: North-East Will Vote For Northern Presidential Candidate by okosodo: 8:48pm On Aug 21, 2022
BlazinGlory40:
Say BATists and not yoruba oga. Some yoruba support Obi. Learn to differentiate BATists from yoruba and thank me later.
I acknowledge that though
PoliticsRe: Satumari: North-East Will Vote For Northern Presidential Candidate by okosodo: 8:47pm On Aug 21, 2022
r=BlazinGlory40 post=115920453]

Say BATists and not yoruba oga. Some yoruba support Obi. Learn to differentiate BATists from yoruba and thank me later.[/quote]I acknowledge that
PoliticsRe: Satumari: North-East Will Vote For Northern Presidential Candidate by okosodo: 9:48am On Aug 21, 2022
Na normal na. I think una see as yorubas take dey divide south because of one man greed. 2023 go be like payback and den go dey vex dey do hate publicity for the person wey go dey there because na den get media any Yoruba man wey I meet dey always dey tell me say na Goodluck destroy Nigeria na buhari dey try repair am. You see life. If Nigeria go better na Yoruba hand E dey
PoliticsRe: Buhari Is Doing His Best To Fix Nigeria — Miyetti Allah Leader by okosodo: 9:46am On Aug 21, 2022
Would they have said this if we had a southerner in power?
PoliticsRe: Can Tinubu Beat Atiku In The Core North? by okosodo: 9:45am On Aug 21, 2022
He cannot fit. Una think say northerners na mu like una
PoliticsRe: 2023: Tinubu Is Wealth Creator, Nigeria Needs Him Badly — Keyamo by okosodo: 6:35am On Aug 21, 2022
Dis guy talk dey turn belle
PoliticsRe: Electricity Production By Governments From 1999 To 2020 - StatiSense by okosodo: 6:14am On Aug 21, 2022
Yorubas will constantly try to patronize the most useless man in history. E be like say this need of people like suffer die . They will use any opportunity to downplay the disaster buhari has been.
Jonathan wey build Azurra and start mambilla is worse in the eyes of a Yoruba man when compared to a buhari that built absolutely nothing and did not even touch power
Foreign AffairsRe: A New Party Without "Structure" Has Won The Presidential Election In Kenya(photo by okosodo: 5:57am On Aug 16, 2022
Kenya that is even now ahead of Nigeria in therms if human capital development
PoliticsRe: Boko Haram Leader, 27 Insurgents’ Killed In Airstrikes In Borno by okosodo: 1:25pm On Aug 07, 2022
Lol
PoliticsRe: Tinubu Will Run Nigeria Exactly Like Buhari: Festus Keyamo by okosodo: 9:04am On Aug 06, 2022
For human beings to be
PoliticsRe: Buhari's Incompetence, The Cause Of Inter Tribal War Between Hausa And Fulani by okosodo: 3:08pm On Jul 24, 2022
If nigeria is to make any headway, they need to fight till extinction
PoliticsRe: ASUU Strike: Buhari Has Given Us Go Ahead To Intervene - Tinubu by okosodo: 7:30pm On Jul 13, 2022
Intervene as what na, this jagaban head correct so?
PoliticsRe: How Did Peter Obi Become The Most Clever Thief In Nigeria? by okosodo: 8:01am On Jul 09, 2022
Talking about stealing in Nigeria. Obi is a saint where the likes of tinubu and Abacha is
FoodRe: See The Snake My Mommy Killed On Her Way From Church by okosodo: 12:44pm On Jul 03, 2022
Front page waiting to happen
PoliticsRe: 5,000 APC Members Defect To PDP In Katsina(pics) by okosodo: 12:43pm On Jul 03, 2022
The north will stun you
SportsRe: PHOTOS: Israel Adesanya Beats Jared Cannonier To Retain UFC Title by okosodo: 11:57am On Jul 03, 2022
9ice one
PoliticsRe: Benin City Residents Take To The Streets To Celebrate Peter Obi In Fanfare by okosodo: 1:52pm On Jun 23, 2022
Peter obi sure
PoliticsRe: Labour Party Holds Maiden Meeting In Egor LGA, Benin City, Edo State (Photos) by okosodo: 4:46pm On Jun 14, 2022
Okealaaye:
I Inherited N127bn Debt From Obi
- Governor Obiano

18th October 2017

By Obiora Aghadinuno

The governor of Anambra State, Chief Willie Obiano has revealed that contrary to the sanctimonious posturing of his predecessor, former Governor Peter Obi, the state was saddled with a huge domestic debt of N127 billion when heleft office in March 2014.
Speaking in the Governor’s Lodge, Amawbia, Governor Obiano explained that his silence over the debt his predecessor sought to tie his hands with had been mainly because he did not want to allow his regime to be distracted at inception. He explained that he wanted to concentrate on the delivering his promise of good governance to Ndi Anambra.
According to him, the N127 billion debt came mostly from the 101 road contracts that the former governor hurriedly awarded at the dying minutes of his regime without making any provision whatsoever for them in order to create probles for his administration from the very first day.
Obiano listed other disingenuous designs by his predecessor to make sure that his regime never really took off. He mentioned the last minute employment of 6000 workers without provision for their welfare as well as the various hotels and independent power projects which he had no plans to complete.
He however revealed that he has quietly completed 51 out of the 101 roads and assured Ndi Anambra that the remaining 50 would soon be completed.
Obiano’s revelation came on the heels of the growing inconsistencies in the figures being thrown up by Obi which have left many discerning observers wondering just how much the former governor actually left behind.
They point at Obi’s sudden volte-face from his earlier declaration that he handed N75 billion cash to his successor and his declaration at the flag off of the PDP campaign in Onitsha yesterday that the actual amount he handed over was N48,626 billion.
While delivering an address that has been mostly cdismissed by political analysts as suicidal, Obi was caught on camera saying “when I was leaving this place, we left in savings N26bn. We set aside for important projects, N23,629 billion. If you put the two together, it will come to N48, 626 billion.”
The former governor’s contradictory accounts of the exact amount he bequeathed his successor leaves huge gaps in the emerging narrative of dubious accountability and an even more doubtful integrity.
This becomes more so in the light of the revelation that in Obi’s so called N75 billion handover are embedded all manner of moribund and toxic assets which he cleverly reported as profitable investments in the handover note.
For instance, Obi’s reportage of the 16.5% equity stake in emenite, a fibre cement roof and ceiling manufacturing company set up by the premier of the old Eastern Region, Dr M.I. Okpara, which was shared between the five states that made up the as part of the trumpeted investments he had handed over to Obiano is nothing but pure fraud.
Observers also complained that it speaks volumes about Obi’s vaunted integrity to realize that he also reported that he had invested the sum of N3.5 billion in Interfact Beverages Limited, when in reality what he invested was N1.4 billion only. This followed Obiano’s announcement that his administration would soon revise the discrepancy to reflect the actual equity stake of the state in the company.
Other dead bodies buried in Obi’s handover note include the N9 billion involuntary investment in the Nigerian Independent Power Project, conceived in 2004 by the Obasanjo regime which the Federation Account was charged to fund on behalf of the 36 states. One wonders how this investment could have found its way into Obi’s phantom savings that he handed over to Obiano in cash.
Other components of Obi’s “famous” N75 billion cash handover include the N4 billion estimated value of the land resources of Anambra State on which the oil installations of Orient Petroleum Resources stands which he “cleverly” converted into the state’s shareholding in Orient Petroleum Plc and quickly reported as his own wise investment while in actuality, the only investment in the company when Obi handed over was the N100 million invested by former governor Chris Ngige who also issued the C of O for the land.
Another embarrassing falsehood reported as part of the N75 billion cash handover is the Federal Government refund to Anambra State on the repair of federal roads in the state which stood at N10 billion during Obi’s regime.
It smacks of utter mischief to report this debt owed the state by the Federal Government as a part of the cash handover as the Federal Government has yet to clear the debt while the Obiano regime has responded to more distress calls on federal roads in the state, pushing the debt overhang now to N43.8 billion to date.
Indeed, Obi’s ill-advised decision to speak up on the actual amount he left his successor has blown up on the faces of his admirers who cringe at the embarrassing inconsistencies in his accounts which  now dangles between N75 billion and N48,626 billion.
At this rate, many political observers bet that Obi may not have any reputational capital left by the end of the current electoral campaign in Anambra State.
lie lie people
CelebritiesRe: Benin Music Legend Osayomore Joseph Is Dead by okosodo: 4:41pm On Jun 11, 2022
He is the best bini musician
PoliticsRe: Lagos PVC Clash: Tinubu Is Afraid Of Election - Debo Ologunagba by okosodo: 4:36pm On Jun 11, 2022
No be lie
PoliticsRe: Reno Omokri: Lawan As Consensus Candidate Is Gift To PDP by okosodo: 6:18pm On Jun 06, 2022
Which kain mumu gift, dem don give unknown party the edge
PoliticsRe: One Million Tucano Jets Won’t End Banditry — Prof Usman, Sheikh Gumi by okosodo: 6:23pm On Jun 02, 2022
Because the fulani army will never use it on the bandits
Christianity EtcRe: Jim Iyke Issues A Statement, Refutes Claims That He Converted To Islam by okosodo: 3:31pm On Jun 02, 2022
I rather convert to Hinduism rather than the terrorists heaven
PoliticsRe: Video Capture of Ahmed Idris, Accountant-General, after EFCC release him on Bail by okosodo: 3:30pm On Jun 02, 2022
The guy is close to the norrhern mafia, so nothing will happen to him. If southerners talk too much, they would make him a governor or senator
PoliticsRe: Kumuyi Being Praying For Nigeria Since 1986 by okosodo: 4:57pm On May 21, 2022
prayer can't work against the evil spirit of Islam except action
PoliticsRe: Sagay: Buhari Should Sack Emefiele As CBN Governor by okosodo: 7:07pm On May 15, 2022
see who is talking
FamilyRe: Six-pack: Woman Shows How Her Relationship Started Vs How It's Going (Photos) by okosodo: 7:35am On May 06, 2022
She don turn am to vegetable

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