Anambra Governor, Soludo Speaks On Debt Left By Predecessor, Willie Obiano

Prof Charles Soludo, who was recently-sworn Governor of Anambra State has accused his predecessor, Willie Obiano of plunging the state into debt.

Soludo made this assertion on Tuesday during an interview on Arise TV, noting that Obiano left N300 million in cash and a debt profile in hundreds of billions of Naira as of December 2021.

The former Governor of the Central Bank of Nigeria further stated that other financial details from January to date were still unavailable.

He, however, said he expects those documents to be made available as soon as possible, stressing that they are public documents.

“In terms of debt I inherited, it runs into hundreds of billions of Naira. In that of cash, we met about 300 million Naira. In fact, let’s not talk about it. Our treasury is funny.

“But I hope we shall make money henceforth to help us fulfill our promises for infrastructure and development of the state. But in terms of what I met in our coffers, my brother, it’s pathetic. Please let us not go there. God will help us.

“The audited account of Anambra State is open source where anyone can see the assets and liabilities. We are still going to do the reconciliation and we intend to have a very transparent public financial management,” Soludo stated.

However, Soludo also praised the former Governor saying, “Willie Obiano is an honourable man and he kept his word. He did his best to his utmost and he laid some good foundations and make amendments and continue the trajectory.”

He also explained his insistence on adorning the locally-produced Akwaete clothing, saying it would boost the local industry while creating job opportunities.

“In other climes, the leaders patronize the local industry because that is how to create jobs. We are gonna create millions of jobs, just by patronizing this Akwaete because a lot of people now place orders which can’t be met because it is handwoven.