₦airaland Forum

Debunking the Phantom Debts and Ecological Loan Fallacy

My attention has been drawn to trending claims by the Anambra State Government that my administration left behind inherited debts, including a ₦2 billion ecological loan, contractor liabilities, and unpaid salaries, gratuities, and pensions. This is completely false.

We systematically liquidated historical gratuities and arrears dating back several years, amounting to over ₦35 billion. At the point of handover, the state owed nothing in salaries, gratuities, or pensions, nor did we owe anything to any contractor for projects duly executed and certified.

The ₦2 billion ecological fund in question was released barely three months before the end of my tenure for the Oko/Umuchiana erosion crisis. Despite pressure to spend the money, I refused, insisting that it should be left for my successor because government is a continuum and the funds were tied to a specific project.

The money was therefore left 100 per cent intact in First Bank, in Account No. 2018779464, with a balance of over ₦2.13 billion.

It is important to stress that funds tied to specific projects or set aside for particular purposes were not even included in the over ₦75 billion in savings we left behind.

If anybody can establish anything to the contrary, I will stop campaigning. -PO

Peter Gregory Onwuabasi Obi

Previous Thread:
https://www.nairaland.com/8748056/2027-find-one-person-owed

Peter Obi is not a Nigerian politician, this man can't be this almost perfect, No, it's not possible

Peter Obi already knew a day like this would come so he kept receipt of everything. I'm inspired by his lifestyle!

Go and verify. This is accountability we need. May I remind us of what NOI did when she was minister.

Dr. Ngozi Okonjo-Iweala pioneered the initiative to start publishing monthly Federation Account Allocation Committee (FAAC) allocations in January 2004. During her first tenure as Nigeria's Minister of Finance under the Olusegun Obasanjo administration, she introduced this practice to increase fiscal transparency, manage public expenditure, and combat corruption. By publishing the exact revenue shares distributed to the federal, state, and local governments in newspapers and online, she empowered citizens to hold their local leaders accountable for how public funds were spent.

Today the government is telling you the governors have more money. Okay
https://www.youtube.com/live/YhRsbxQIBg8?si=x3DzXPEZThB7AHzE

Do you remember when Yar'Adua declared his assets?

Obi is truly a Great Man. I've see his Name mentioned on NL for the umpteenth time today alone.

Austindark:
This is what accountability means

See: https://www.nairaland.com/8748184/how-make-political-billionaires-create

Why not send us the account numbers for the offshore accounts that was in the Pandora case...

This is what accountability means.
Can other Governors past and present also release their state bank Account number for audit?
Even the one that said he should not be voted for if he don't provide stable electricity after his first term, is still shamelessly contesting despite failing woefully in that regard.

The recent unhinged attacks on Obi are to distract Nigerians from the FBI issues of Tinubu. Unfortunately, some gullible Nigerians will fall for it.

End of Discussion, nay, stupid rumours from Soludo & company, & of course irredeemably corrupt Apcshites!

Let his close ally Senator Victor Umeh publicly refute his claim about Peter Obi's lying tongue before I believe Obi.

Debt mgt office, Senator Umeh and two Anambra governors all cannot be lying while Peter Obi who is notorious for spewing lies, is to be believed.

Na to confirm the transactions date and year

How does releasing the bank account number change anything? Only signatories to the account can publish the statement of that account for the last decade.

Una still de mind that gov Soludo aspiring to become the first Igbo president of Nigeria?

IkeOnyia:
Let his close ally Senator Victor Umeh publicly refute his claim about Peter Obi's lying tongue before I believe Obi.

Debt mgt office, Senator Umeh and two Anambra governors all cannot be lying while Peter Obi who is notorious for spewing lies, is to be believed.

Go n verify first then come back here with solid evidences

Peter is a different politician.

Still any candidate that will restore Subsidy even at least to half is who I and my family are voting for.
You can't be using a collective money to bribe the Governors and claim they are getting more money because of subsidy removal. The welfare of the people you govern should be first before any other thing.

I haven't sighted APC agents/ e rats here?

What's going on, I thought this is the thread they been waiting for

Lord have mercy... See as forum quiet...hahahahahahaha... Sokludo go and convert your boy to a man. It's a shame to all of anambra people to keep quiet while obi is being rubbished. Cupana chief priest was right. Anambra billionaires don't want their place to develop.

Mad people everywhere..

Integrity dey cry. It is well.

It's a shame that Nigerians can't stand honesty as it gives them nightmares and exposes their hidden inadequacies.

The more APC minions attack Obi, whom they claim came a "distant third" in the last election, the more I believe the narrative that Obi actually won that election.

How else do you explain APC constantly trying to undermine and sabotage a man who supposedly came third, while almost ignoring the one who came second? Shouldn't their fury and angst be directed at Atiku, who was the closest contestant, in second place? Why is there so much attention on Obi and not on Atiku, or even Kwankwaso and Kachikwu, who came fourth and fifth?

ihustler:
Why not send us the account numbers for the offshore accounts that was in the Pandora case...

There is no great man without cockroaches and rat scampering all around him

You all have your jobs to make him great

Soludo left the group chat

I can't remember the last time Nigeria as a country was accounted for like this especially under APC

Obi...Na Man you bi.

The only Saint among them all.. What a Man!

God bless Mr. Peter Obi
God bless Nigeria

This Man is Just Too Clean , Responsible, Disciplined Transparent And Honest, Can The APC Drug Baron Say The Same ?

Soludo just ended up making a f.0.0.l of himself!

Someone should ping data boys to this thread

Bring dem up

EOD = End of discussion
If Nigeria and Nigerians were a sensible place and people, this man from this point has already wom the election.
But alas ...

The People's President



Always ready and prepared to press the necks of the evul politicians holding this nation down.


More power strong man!

Soludo is a big slowpoke. Soludo release govt ledger let's check something.

Peter Obi remains a standard for transparency in govt.

IkeOnyia:
Let his close ally Senator Victor Umeh publicly refute his claim about Peter Obi's lying tongue before I believe Obi.

Debt mgt office, Senator Umeh and two Anambra governors all cannot be lying while Peter Obi who is notorious for spewing lies, is to be believed.

There is no state governor anywhere in the world that leaves office without leaving behind some amount of debt and this is because at the time of your exit there must be some on-going projects that have not been completed.

Where there is a problem is when you leave a humongous amount of debt without also leaving behind a corresponding amount of assets

It's obvious obi has been preparing for the office of the president years before.

This is the man we Yorubas want and desire!

APC data boys go cry blood today 😂😂