Soludo: Obiano left N400 million cash and over N100 billion in debt | NN NEWS

Date:

Must Read

Hayatu Deen joins ADC presidential race as opposition field grows

Renowned economist and banker Mohammed Hayatu Deen has entered...

El Rufai may miss ADC presidential primaries as court prolongs his bail

A Kaduna State High Court has ordered that former...

2027: APC sets dates sales Presidential form ₦100M, Governorship ₦50M

The All Progressives Congress has officially released its timetable...

ADC denies talks with PRP stay focused on protecting democracy and justice for party leadership

The African Democratic Congress (ADC) has dismissed reports that...

Anambra State Governor Charles Soludo revealed on Tuesday the debt left behind by his predecessor, Willie Obiano, is in excess of N100 billion.

Soludo, while speaking on the Morning Show on Arise Television monitored by Daily Sun said his predecessor left N300 or 400 million cash and a debt of over N100 billion as of December 31, 2021.

The revelation from Soludo comes after the Economic and Financial Crimes (EFCC) recently arrested former Governor Willie Obiano at Murtala Muhammed International Airport, Lagos.

‘First, in terms of finances, there is an audited account of Anambra as at December 31, 2021, which is a public document which anyone can access. Between the audited accounts as at the end of the year 2021, everyone knows that the state finances are not quite robust. In terms of debt, it is in the range of over N100 billion and then cash at which the state has is N300 or N400 million, but we are still going to have all the reconciliations and all the accounts from January to the date we had the handover,’ he revealed.

According to Soludo, ‘Anambra State intends to have a transparent public finance management where we are going to publish our accounts so that everyone will have a knowledge of what is there and what is missing and what funds have been used for.’

Speaking further, the former Central Bank Governor, revealed that conversations around that are still ongoing as the state is engaging with all stakeholders to tackle security challenges in the state.

‘After the swearing-in, I went into the office straight away and a few minutes after that I started the security council meeting of the state which lasted more than three hours. The conversations about that are still ongoing and I believe that we will get to crack it and the sit-at-home thing will definitely end. We are in discussions with the stakeholders, IPOB and everyone else and it is the people’s power that will prevail at the end of the day.

‘The poor innocent artisans like keke drivers and traders are suffering; but the elite, they can afford to watch TV and so the state is losing out as its people are impoverishing. We are determined to restore law and order,’ he said.

Follow us on social medias platform – Twitters – NN News – NN News Team – Facebook pages/group – NN News – NN News Team – NN News Group

Comment on the article for thoughtful opinions will count. NN News will remove threats, harassments and other violations. If you’re having issues with commenting, please let us know.

spot_imgspot_imgspot_img

Latest News

logo-nn-news-small
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.