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    The Governor Anambra Willie Obiano Say- Peter Obi Left With N127bn Debt.

    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 N127bn when Obi left office in March 2014.
    Speaking in the Governor’s Lodge, Amawbia on Tuesday, Governor Obiano explained that his silence over the monstrous 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 so that he would concentrate on the delivering his promise of good governance to Ndi Anambra.
    According to him, the N127bn 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 wrong-foot his administration from the very first day.
    Governor Obiano further listed other disingenuous designs by his successor to make sure that his regime never really took off as 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 ha

    s quietly completed 51 out of the 101 roads that Obi saddled him with and assured Ndi Anambra that the remaining 50 would soon be completed too.
    Governor Obiano’s revelation came on the heels of the growing inconsistencies in the figures being thrown up by former governor 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 N75bn cash to his successor to declare at the flag off of the PDP ca
    mpaign in Onitsha yesterday that the actual amount he left when he handed over was N48,626bn.
    While delivering an address that has been mostly castigated by political analysts as suicidal, former governor Obi was caught on camera saying “when I was leaving this place, we left in savings N26bn. We set aside for important projects, N23,629bn. If you put the two together, it will come to N48, 626bn.”
    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 former governor Obi’s so called N75bn handover are embedded all manner of moribund and toxic assets which the former governor 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 old Eastern Region as part of the trumpeted investments he had handed over to Obiano is nothing but pure fraud.

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