Obiano Left N300m Cash, But Hundreds Of Billion In Debt – Soludo

Governor Charles Soludo of Anambra State says 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 said 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.

“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.”

He lamented that other financial details from January to date were still unavailable but expressed hope they would soon be made available as they were public documents.

-Dailytrust

About Delia Innoma

Delia Innoma is a prolific writer, promoter, artist manager with full professional proficiency in English, German and Igbo languages. She studied accounting and computer programming at the Institute of Management and Technology Enugu and Germany respectively. Delia is also a devoted mother of two and she founded the Diamond Celebrities Magazine. Her sense of responsibility and commitment to the Christian faith are essential forces driving her daily activities.

One Response to “Obiano Left N300m Cash, But Hundreds Of Billion In Debt – Soludo”

  1. That’s good naija government character

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