The Obidient Movement has released a 2014 financial handover document signed by former Anambra State Governor, Peter Obi, amid the ongoing dispute over the state’s financial position when he left office.
The document was released by the movement’s National Coordinator, Yunusa Tanko, on Wednesday and was presented as evidence of the state’s financial position at the end of Obi’s administration.
Dated March 17, 2014, the document was addressed to Obi’s successor, Willie Obiano, and contained a summary of Anambra State’s finances as of March 14, 2014, the final working day of Obi’s administration.
According to the document, Obi listed N27 billion in local investments, foreign currency investments of $156 million valued at N26.5 billion, and N28.166 billion in certified balances belonging to the state and its Ministries, Departments and Agencies.
It also listed a N10 billion Federal Government-approved refund, bringing the combined value of the listed funds and investments to N91.666 billion.
The document further identified about N5 billion in estimated liabilities covering March salaries, pensions, gratuities and approved certificates for projects that had already been executed.
After deducting the liabilities, the document stated that Anambra had a net balance of N86.666 billion at the time Obi handed over power.
The release comes amid an ongoing dispute between Obi and the Anambra State Government over debts, liabilities and funds allegedly inherited by successive administrations.
Obi has repeatedly denied leaving unpaid salaries, pensions, gratuities or liabilities to contractors for duly executed and certified projects, challenging anyone with contrary evidence to produce it.
However, the Anambra State Government has maintained that Obi left outstanding financial obligations, including unpaid loans.
The state Commissioner for Information and Value Reorientation, Law Mefor, also disputed Obi’s claim concerning N2.13 billion allegedly left in a First Bank account as an ecological fund.
Mefor said a certified statement obtained by the government showed that the account was an Internally Generated Revenue Consolidated Revenue Account and had never recorded the N2.13 billion claimed by Obi.
He also alleged that eight external loans remained outstanding when Obi left office, putting their value at N127.4 billion as of June 30, 2026.
The commissioner further said the Soludo administration had cleared about N22 billion in inherited gratuity arrears, while some legacy obligations remained.
The two sides have continued to present different accounts of the state’s finances and liabilities at the end of Obi’s tenure.
