Willie Obiano Left N300m Cash And Over N100bn Debts In Anambra...Charles Soludo

Governor Charles Soludo of Anambra State has said he met “about N300 to N400 million” in the state treasury but inherited about N109 billion debt when he assumed office.

Mr Soludo disclosed this on Tuesday when he appeared on The Morning Show on Arise News Television.

The governor said the state’s finances were not robust, but that his administration would not be daunted by the situation.

“Everybody knows that the state finances are not quite robust, to put it mildly. The cash we met in various banks, if I remember correctly, I think N300 or N400 million, and then from the audited account as at (of) December, 2021, the debts (was) about N109 billion,” he said.

Mr Soludo said his administration would build a transparent public financial management in the state to monitor the state’s treasury.

“We intend to have a very transparent public financial management where we are going to be publishing everything. Everybody will know what is there and what is not there, what penny comes in and what it is used for,” he said.


Chris Kehinde Nwandu is the Editor In Chief of CKNNEWS || He is a Law graduate and an Alumnus of Lagos State University, Lead City University Ibadan and Nigerian Institute Of Journalism || With over 2 decades practice in Journalism, PR and Advertising, he is a member of several Professional bodies within and outside Nigeria || Member: Institute Of Chartered Arbitrators ( UK ) || Member : Institute of Chartered Mediators And Conciliation || Member : Nigerian Institute Of Public Relations || Member : Advertising Practitioners Council of Nigeria || Fellow : Institute of Personality Development And Customer Relationship Management || Member and Chairman Board Of Trustees: Guild Of Professional Bloggers of Nigeria

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