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.

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Your email address will not be published.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
'Leave Lagos, Go To Your State Of Origin' - Reno Omokri Tackles Angry Lagosians | Daily Report Nigeria
News

‘Leave Lagos, Go To Your State Of Origin’ – Reno Omokri Tackles Angry Lagosians

Reno Omokri has dropped his two cents concerning recent backlash received by...

Over 60% of Corruption Cases Linked to Stolen Healthcare, Infrastructure Funds – ICPC | Daily Report Nigeria
News

Over 60% of Corruption Cases Linked to Stolen Healthcare, Infrastructure Funds – ICPC

ICPC has revealed that over 60% of corruption cases it investigates involve...

2023: They Are Plotting to Get Rid of Tinubu, Make Shettima President – Awolowo’s Daughter
News

Opposition Parties Slam Tinubu, Shettima Over Frequent Foreign Trips

The opposition parties in Nigeria have criticized President Bola Tinubu and Vice...

JUST IN: VP Shettima Jets Off To Dakar | Daily Report Nigeria
News

JUST IN: VP Shettima Jets Off To Dakar

The vice president of Nigeria, Kashim Shettima has departed the country. He...