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Home | I Inherited Billions of Naira in Debt, N300m in Cash – Governor Soludo

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I Inherited Billions of Naira in Debt, N300m in Cash – Governor Soludo

Tare Magbei
Tare Magbei
Published: June 15, 2025
Last updated: June 15, 2025
1 Min Read
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I Inherited Billions of Naira in Debt, N300m in Cash - Governor Soludo | Daily Report Nigeria
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Charles Chukwuma Soludo, the newly sworn-in Governor of Anambra State, has raised alarm over the state’s finance which he said, is in “bad shape”.

Speaking during an interview on Arise TV’s Morning show on Tuesday, Soludo said he inherited a debt amounting to hundreds of billions of Naira from his predecessor, Willie Obiano, who left a paltry sum of between N300 and N400 million in the state coffers.

The governor further expressed worry concerning this ugly development, saying “the state finance is in bad shape”, and in dire need of restoration.

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Following the shocking revelation, Ndi Anambra have taken to social media to berate the former governor, who is currently under the EFCC detention, over allegations bordering on fraud and misappropriation of fund during his tenure as governor of the state.

Daily Report Nigeria earlier reported that the anti-graft agency arrested the ex- governor of Anambra state, Willie Obiano on Thursday, March 17, at the Murtala Mohammed International Airport in Lagos, after his handover ceremony.

He was however granted bail after spending five days in the EFCC’s detention.

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TAGGED:Charles Soludo
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