Soludo: Obiano Left N300m Cash, But Over N100bn Debt

Soludo: Obiano Left N300m Cash, But Over N100bn Debt

Governor Charles Soludo of Anambra State has stated that Willie Obiano, his predecessor, left only N300 million in the treasury, but debt running into billions of naira.

Speaking on an ARISE TV programme on Tuesday, Soludo stated that Anambra’s state finance is in bad shape and in dire need of restoration.

He said to achieve the promises he made to the people before he was elected, he would need to look for money.

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“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.”