The Anambra State Government says deductions are still being made from the state’s monthly Federation Account Allocation Committee revenue to service loans it says were obtained during the administration of former Governor Peter Obi.
The Commissioner for Information and Value Reorientation, Law Mefor, disclosed this on Friday while speaking on Arise Television’s The Morning Show amid the ongoing dispute over the financial records of Obi’s tenure.
Mefor said the fact that some of the facilities were guaranteed by the Federal Government did not make them grants or exempt the state from repayment.
He said the loans formed part of eight external facilities attributed to the Obi administration, adding that states had the option of participating in the lending programmes.
According to Mefor, the facilities attributed to Obi’s tenure totalled about $123 million. He said the outstanding obligations remained part of the state’s financial commitments and were still being serviced through deductions from its allocations.
The commissioner cited the decision of Governor Chukwuma Soludo’s administration not to participate in the World Bank-backed Nigeria CARES programme as an example of a state choosing whether to access such funding.
Mefor said the issue was not whether borrowing was inherently wrong but whether Obi’s claim that his administration did not take loans was accurate.
The Anambra Government has previously said records from the Debt Management Office showed eight external loans contracted during Obi’s tenure remained outstanding, with their combined balance standing at about N127.4 billion as of June 30, 2026.
The government has also maintained that the current administration is making monthly payments towards inherited loan obligations.
However, Obi has rejected the allegations, insisting that he settled all obligations due before handing over power in 2014. He has maintained that his administration left no outstanding salaries, pensions, gratuities or liabilities to contractors for duly completed and certified projects.
The former governor has challenged the Anambra Government to provide evidence contradicting his account, saying he would stop campaigning for the 2027 presidential election if it could establish that he left the state with outstanding debts.
The dispute over Anambra’s financial position under Obi’s administration remains ongoing, with both sides presenting conflicting accounts of the state’s liabilities at the time he left office.
WATCH VIDEO BELOW:
Anambra State Commissioner for Information, Law Mefor, says more details on the state’s debt burden will be made public if Peter Obi continues to deny it, stressing that the disclosure is not politically motivated.#LawMefor #PeterObi #AnambraState #Debt #Nigeria #Politics #News pic.twitter.com/8lmeqrN6Z5
— NewsClick Nigeria Media (@NewsClickng) September 18, 2026
