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Sunday, August 10, 2025

Obi Finally Accepts there was no N75bn Cash

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The Anambra state governor Chief Willie Obiano have every reason to be happy today because for the first time in many months, his predecessor Mr. Peter Obi through his Media Aide Mr. Val Obienyem accepted on live television that the former governor did not hand over N75bn cash afterall.

Answering question on Channels Television this morning, Mr. Obienyem accepted that the handover note contained investments and cash but not just N75bn cash.

Governor Obiano recently clarified the position of the state finances when he stated that the state never received N75bn cash but investments and cash balance of N9bn only, with liabilities of N78 billion being balance of monies owed to contractors which was never mention in the handover note.

The outcome of the discussion is expected to finally put to rest the speculations about monies in Anambra coffers, as well as the misconceptions that every achievement of the governor is because a lot of money was left for him.

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