CEHRAWS Calls for Full Disclosure of Anambra State Loans from Obi Era
CEHRAWS urges Anambra State to publish a consolidated debt statement covering Peter Obi, Willie Obiano and Chukwuma Soludo administrations.
In Brief
- •CEHRAWS urges Anambra State to publish a consolidated debt statement covering Peter Obi, Willie Obiano and Chukwuma Soludo administrations.
- •The group demands details on each loan: lender, amount, purpose, approval, disbursement, repayment history and outstanding balance.
- •Anambra’s Finance Commissioner Izuchukwu Okafor says deductions from FAAC revenues still service past loans, while the current administration claims an 83% debt reduction.
- •CEHRAWS requests oversight bodies to reconcile claims with DMO data, audited statements and loan agreements.
- •The organization stresses that public debt should not be politicised and calls for transparent records.
Why It Matters
Anambra State’s public finances are under scrutiny as the current administration claims a dramatic debt reduction. Transparency on past borrowing is essential for citizens to assess whether earlier loans were legitimate, properly approved and responsibly serviced. Without clear records, allegations of mismanagement or political manipulation remain unverified, undermining public trust in state governance.
Key Details
- Debt Reduction
- over 83% reduction under current administration
- FAAC Deduction
- ongoing deductions for servicing past loans
- Administrations Covered
- Peter Obi, Willie Obiano, Chukwuma Soludo
- Finance Commissioner
- Izuchukwu Okafor
- CEHRAWS Executive Director
- Okoye Chuka Peter
Context & Background
Anambra State has a history of borrowing during previous administrations, with the current government claiming significant debt reduction. The call for disclosure seeks to clarify the nature and servicing of loans taken during the Obi and Obiano eras.
Original Reporting & Sources
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