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

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

Share
I Inherited Billions of Naira in Debt, N300m in Cash - Governor Soludo | Daily Report Nigeria
Share

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.

ATTENTION: Click HERE to join our WhatsApp group and receive News updates directly on your WhatsApp!

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.

2023 Presidency: Tinubu, Atiku Identified As Threats To Igbo Presidency

Share
Written by
Tare Magbei -

With more than five years of covering different topics, Tare Magbei is a versatile journalist.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
DSS Uncovers Plot to Fuel Tribal Tensions in Delta, Arrests Army Major | Daily Report Nigeria
News

DSS Uncovers Plot to Fuel Tribal Tensions in Delta, Arrests Army Major

DSS operatives uncover and foil plot to instigate unrest in Warri, Delta...

UK Deports 43 Nigerians in Latest Immigration Crackdown | Daily Report Nigeria
News

UK Deports 43 Nigerians in Latest Immigration Crackdown

The UK has deported 43 Nigerians, including failed asylum seekers and foreign...

G4 Congratulates Tare Pondi on Chieftancy Title
News

G4 Congratulates Tare Pondi on Chieftancy Title

Socio-political group G4 has extended congratulations to Sir Chief Godfrey Tare Pondi,...

Omo-Agege Hails Ayiri Emami as Major Positive Force on 50th Birthday | Daily Report Nigeria
News

Omo-Agege Hails Ayiri Emami as Major Positive Force on 50th Birthday

Senator Ovie Omo-Agege, Deputy President of the 9th Senate, has congratulated High...