The Abuja Times

Anambra Government Challenges Praise for Peter Obi Over Financial Management

Anambra's Finance Commissioner, Izuchukwu Okafor, has questioned the accolades directed at former Governor Peter Obi for saving $150 million, citing ongoing debts from previous administrations. The state's current leadership asserts that it is still grappling with the financial burdens left by past governors, including Obi.

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The Abuja Times

Mon, 28 Sept 2026• 2 min read
Anambra Government Challenges Praise for Peter Obi Over Financial Management
Anambra Government Challenges Praise for Peter Obi Over Financial Management — The Abuja Times Newsroom

The financial stewardship of Anambra State has come under scrutiny once again as the current administration, led by Governor Charles Soludo, raised concerns about the legacy of former Governor Peter Obi. In a recent statement, Finance Commissioner Izuchukwu Okafor emphasized that despite Obi's claims of having saved $150 million during his tenure, the state is still encumbered by substantial debts that were accrued under his leadership and that of other previous governors.

Okafor's comments highlight a growing narrative in Anambra's political landscape, as the current administration seeks to clarify the ongoing financial challenges facing the state. He pointed out that the administration is not only dealing with the liabilities left behind but is also focused on implementing policies to stabilize and grow the state's economy amidst these challenges.

"While we recognize the efforts made in terms of savings, we must also acknowledge the debts that continue to affect our financial operations today," Okafor stated. "Our priority remains to ensure fiscal responsibility and transparency as we navigate these hurdles."

This revelation has sparked debate among citizens and political analysts regarding the effectiveness of leadership in Anambra over the years. Critics argue that while savings are commendable, they must be viewed in context with the overall fiscal health of the state.

As the Soludo administration continues to work on financial reforms, the dialogue around Obi's tenure and its implications for Anambra's future remains a contentious topic. The current government's focus is on creating a sustainable economic environment that can withstand the pressures of inherited debts and foster long-term growth for the state.

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