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Obi disputes Anambra’s $123.77 million debt claim

Published 26 September 2026

Former Anambra State governor Peter Obi has rejected the state government’s characterization of eight external financing facilities as $123.77 million in debt left by his administration, while maintaining that he handed over without unpaid salaries, pensions or gratuities due to workers. The Anambra government says $92.35 million remained outstanding on the facilities as of June 30, 2026, and has also cited a settlement payment for arrears involving workers and pensioners. The competing accounts leave unresolved what the later facility figures represent and whether the arrears cited by the government accrued during Obi’s tenure, which ended in March 2014. The available reports do not reconcile the facilities’ contracted value with amounts drawn, repayments or balances at the time he left office. The state government’s figures, attributed to the Debt Management Office, put the combined contracted value of the eight facilities at $123.77 million and the outstanding amount at $92.35 million on June 30, 2026. Obi argues that the contracted total should not be presented as a debt he left behind.

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