The Anambra State government has released what it termed the public debt records of the presidential candidate of Nigeria Democratic Congress NDC, Mr Peter Obi, while he was governor.

In a press statement signed by the Commissioner for Information and Value Reformation, Dr Law Mefor, and titled Gov Peter Obi and Record of Public Debt in Anambra: Facts Beyond Propaganda and Lies, the state government insisted Obi left behind debt as governor, both in domestic loans and unpaid pensions and gratuity.

The statement read: “Our attention has been drawn to a viral post by a former Governor of Anambra, HE Mr. Peter Obi, CON, on what he described as Phantom Debts and Ecological Loan Fallacy, which presumably was in response to some statements in a podcast by the Anambra State Commissioner for Finance. 

“We understand that this is a campaign season and candidates often go to extremes to impress. If not that the said post was in his personal handle, we would not have believed that he could have made such wild, and verifiably false claims. As a government, we are focused 100% on delivering dividends of democracy to millions of Ndi Anambra. However, when a former governor of the state makes some outlandish claims about the state of public debt he left behind and especially when the present government has been spending billions of Naira servicing the same debt, a responsible government owes the public a response in the interest of transparency and accountability.”

Stating what it described as the fact, the state government clarified that: “HE Peter Obi Spent about $4.05 billion (equivalent to NS.4 trillion at current exchange rate) in 8 years and also contracted US$ 123.77million in external debt alone which our government has so far paid billions of Naira in service payments. 

“Let’s be clear: hardly any government in the world has zero debt stock. The issue is not whether or not borrowing is good: no business or government can scale significantly without some debt. Yes, we converted the audited and published expenditures using the average official exchange rates during the eight years of Peter Obi and they sum to about USS$4.05 billion. 

“At the current official exchange rate, it would sum to about N5.4 trillon and he surely governed to the best of his ability. Of course, no government will ever finish the work of development.”

“As of the date HE Peter Obi left office (17th March 2014), there were and still are 8 different external borrowings his administration left for his successors. 

“As of June 30, 2026, the total balance of such loans left by HE Peter Obi at the official exchange rate stood at N127.4Billion. Here we summarise the latest report from the Debt Management Office (DMO) on Anambra’s debt status (as of June 2026), indicating the dates the loans were signed and the balance remaining. 

“Evidently, HE Peter Obi borrowed for malaria, erosion control, education, healthcare, etc. So far, this government pays hundreds of millions of Naira every month to service these debts and we are not complaining. It is good for Anambra once we can show the impacts.”

The state government further stated that as at when Obi left office, he left behind a state without any functioning urban or rural water schemes; increasing insecurity and increased poverty, ostensibly dead public schools and dead public hospitals with grossly inadequate teachers and medical personnel (indeed 44% of all communities in Anambra, 78 out of 179) did not and still do not have any public primary schools (and this administration is only beginning to close the gap). 

They insisted he also left a decrepit infrastructure with huge urban slums, etc. 

“Only about 27% of Anambra residents patronised public health institutions because of poor quality and non-functionality, which he even admitted abandoning public health system at the recent NBA conference. We are convinced that many Ndi Anambra would not have minded if HE Peter Obi had borrowed to fix public schools and hospitals, water schemes, infrastructure, or even to reduce poverty and insecurity. Debt, especially for bankable projects and human capital development, is justifiable. So, HE Peter Obi should stop being irked as if all debt is bad.”

The statement also said Obi owed verified salaries, gratuity, and pension to retired teachers and staff of Water Corporation, saying his statement on clearing all inherited arrears of pensions, salaries and gratuities were patently false, but it would not want to get into the debate between him and his predecessors regarding which arrears were paid by them or by him.

Arise Television’s Morning Show anchor, Rufai Oseni, has questioned the political popularity of the Minister of the Federal Capital Territory (FCT), Nyesom Wike, asking why he could not defeat former Vice President Atiku Abubakar in the 2022 presidential primary of the Peoples Democratic Party (PDP).

Oseni made the remarks on Wednesday while discussing claims by Wike about his political influence and ability to deliver electoral victories for President Bola Tinubu in 2027.

Wike, a member of the PDP, currently works for Tinubu.

Governors under the platform of the ruling All Progressives Congress, APC, have recently expressed concern about Wike ahead of the 2027 election.

Speaking about the matter on Wednesday, the journalist questioned the circumstances surrounding Wike’s victory in the 2019 Rivers State governorship election, particularly the delay in the announcement of the result.

Oseni also referred to a BBC report on the 2023 presidential election in Rivers State, which he said raised questions about the official results.

“When politicians beat their chest that they delivered somebody, it’s a total fallacy.

“Like I have said before on this show, Minister Wike, let’s x-ray your 2019 governorship victory.

“Why was the counting of that election stopped midway?

“At a point, there was a certain person up there, and the counting of the results stopped, and it took about 22 days before INEC announced the victory in favour of Mr Wike.

“Based on the BBC’s report, while the official result in the state gave a majority to Bola Tinubu of the ruling All Progressives Congress, our tally suggested that Peter Obi of the Labour Party actually received more votes in the state by a wide margin,” he said.

He questioned what politicians meant when they referred to having “structure” that enabled them to win elections.

“So, what is this strange structure that they say they have that they won based on?

“What is it? Is it the structure that we can turn INEC around? Is it because INEC is not as independent as an institution as it should be?

“Yes, we can say INEC’s official result, but we’ve also seen shenanigans in the official result.”

Oseni further challenged Wike’s repeated claims of delivering electoral victories, arguing that such claims should not automatically be interpreted as proof of widespread popular support.

He then questioned why Wike failed to secure the PDP presidential ticket in 2022 if he was as politically popular as claimed.

“So, I keep hearing, ‘I delivered this, I delivered that, I delivered it,’ and it’s as if they say it as if they have the full recognition of the people.

“If Wike was that popular, why didn’t he win the primaries in the PDP and beat Atiku Abubakar? He didn’t beat Atiku Abubakar in the PDP primaries, and we keep hearing the conversation here. Politicians keep acting as God,” Oseni said.