Home NEWS Obi Left N185 Billion Debt For Anambra State- Obiano

Obi Left N185 Billion Debt For Anambra State- Obiano

by InlandTown
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Governor Willie Obiano of Anambra State says he inherited a debt of N185 billion from the previous administration, adding that he did not meet N75 billion in the treasury as claimed by his predecessor.

He said through the Secretary to the State Government, Professor Solo Chukwulobelu, that the present government paid N35.1 billion on inherited projects between March 2014 and August 2015 and spent N11.7 billion on projects initiated within the same period.

He said in addition to N400 billion investments attracted from foreign, local and indigenous investors by the Anambra State Investment Protection and Promotion Agency (ANSIPPA), the state’s internally-generated revenue increased from N500 million at inception of the administration to N1.3 billion.

Daily Trust

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