The National Coordinator of the Obidient Movement, Yunusa Tanko, has released a copy of former Anambra State Governor Peter Obi’s 2014 handover report amid the ongoing dispute over the state’s inherited debts and financial obligations.
Tanko shared the document on X on Wednesday, describing it as Obi’s financial handover report to his successor, Willie Obiano.
Dated March 17, 2014, the document was addressed by Obi to Obiano and contained a summary of Anambra State’s financial position as of the close of business on March 14, 2014, the final working day of Obi’s administration.
The report listed local investments as at March 14, 2014 at ₦27bn, foreign currency investment of $156m valued at ₦26.5bn, certified state and Ministries, Departments and Agencies balances of ₦28.17bn, and a Federal Government-approved refund of ₦10bn.
The listed assets and balances amounted to ₦91,665,985,574.06.
The document also put estimated liabilities, including March salaries, pensions and gratuities, as well as approved certificates for already executed projects, at ₦5bn.
After deducting the estimated liabilities, the report recorded a net balance of ₦86,665,985,574.06.
In his covering letter to Obiano, Obi wrote: “As Friday 14 March, 2014 was the final working day of my Administration, I also forward herewith, the summary of the full financial statement of Anambra State (copies of which are herein attached) as at close of business on that day.”
The release of the document comes against the backdrop of a dispute between Obi and the Anambra State Government over liabilities inherited by successive administrations.
The state government has said it is still servicing loans inherited from previous administrations, including those incurred under Obi and Obiano.
Obi has rejected the claims, maintaining that his administration left no outstanding salaries, pensions, gratuities or liabilities to contractors for duly executed and certified projects.
He has challenged anyone who disputes his account to produce evidence to the contrary.
Obi said, “If anybody can establish anything to the contrary, I will stop campaigning.”
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