The Anambra State Government has challenged former Governor Peter Obi’s claim that he left more than ₦2.13bn in an ecological fund account before leaving office in 2014, saying the First Bank account he identified was not an ecological fund account and had never contained the amount he cited.
The state Commissioner for Information and Value Reformation, Law Mefor, said this in a statement shared on Wednesday by the Anambra New Media X account, titled, “Gov Peter Obi and Record of Public Debt in Anambra: Facts Beyond Propaganda and Lies.”
Mefor said the government had obtained a certified printout of the First Bank account, number 2018779464, identified by Obi as the account where he left the ecological funds.
He said, “We have obtained a certified printout of the account from inception to date. The account is an Internally Generated Revenue Consolidated Revenue Account, not an ecological fund account.”
“From 2011 when the account was opened until date, there has never been any such amount—whether as inflow or balance—in the account.”
The commissioner consequently asked Obi to explain where the ₦2.13bn he claimed to have left for his successor was kept.
The presidential candidate of the Labour Party in the 2023 general election and a leading opposition figure ahead of the 2027 presidential election, Peter Obi.
The presidential candidate of the Nigeria Democratic Congress, Photo: X | Peter Obi.
The latest response followed Obi’s Tuesday statement rejecting claims by the Anambra Government that his administration left behind inherited debts, including a ₦2bn ecological loan, contractor liabilities and unpaid salaries, gratuities and pensions.
Obi had said his administration systematically liquidated historical gratuities and arrears dating back several years, amounting to more than ₦35bn.
“At the point of handover, the state owed nothing in salaries, gratuities, or pensions, nor did we owe anything to any contractor for projects duly executed and certified,” he said.
On the disputed ecological fund, Obi said the money was released barely three months before the end of his tenure for the Oko/Umuchiana erosion crisis.
Obi said that despite pressure to spend the money, he refused, insisting that it should be left for his successor because “government is a continuum” and the funds were tied to a specific project.
He further claimed that the money was left “100 per cent intact” in First Bank, with the account balance standing at more than ₦2.13bn.
But responding to the claim, Mefor said the government’s certified printout of the account from its inception to date did not support Obi’s description of the account or the amount he claimed.
The commissioner also addressed the wider issue of debts allegedly inherited by the current administration, saying eight external borrowings remained after Obi left office on March 17, 2014.
According to Mefor, “as of June 30, 2026, the total balance of these loans stood at ₦127.4 billion at the official exchange rate.”
The loans listed by the government included the Malaria Control Booster Project, Third National Fadama Development Project, Health System Development Project II, State Education Programme Investment Project, Community and Social Development Project, Nigeria Erosion and Watershed Management Project and Value Chain Development Project.
Mefor also disputed Obi’s claim that his administration left office without owing salaries, gratuities or pensions.
He said the Soludo administration had cleared about ₦22bn in inherited gratuity arrears, but added that “legacy arrears remain from Obi and earlier administrations.”
According to him, the outstanding liabilities included arrears involving retired teachers and staff of the Water Corporation.
On the Water Corporation workers, Mefor said, “salary arrears lingered through the Obi administration and were eventually settled under the Soludo administration, with the first two of three instalments already paid.”
He further said Obi’s administration verified and certified 16 months of salary arrears for primary school teachers but paid only five months.
Mefor said, “The Obi administration verified/certified 16 months of salary arrears for primary school teachers but paid only five months.”
The commissioner also rejected Obi’s claim that his administration left more than ₦75bn in savings.
Mefor said, “We will not engage in nebulous creative accounting. If there were ₦75 billion in savings, as claimed, where are the records?”
The government’s response came after Obi rejected the debt claims and challenged anyone who could establish that his account of the ecological fund was false.
“If anybody can establish anything to the contrary, I will stop campaigning,” Obi said.
WARNING: If You Are Not 18+, Don’t Click The Link Below 👇🫣
Did you want to monetize your website, join MONETAG or ADSKEEPER and start earning
Please don’t forget to “Allow the notification” so you will be the first to get our gist when we publish it.
Drop your comment in the section below, and don’t forget to share the post.
Never Miss A Single News Or Gist, Kindly Join Us On WhatsApp Channel:
https://whatsapp.com/channel/0029Vad8g81Eawdsio6INn3B
Telegram Channel:
https://t.me/gistsmateNG