Anambra State Continues to Service Debts from Former Governors Obi and Obiano

During a podcast on Monday, Anambra State’s Commissioner for Finance, Izuchukwu Okafor, confirmed that the current administration of Governor Chukwuma Soludo is still paying off loans and other obligations that were taken on by former governors Peter Obi and Willie Obiano. The statement was made on the state’s New Media platform, Ndi Anambra, and underscores that the debt servicing schedule remains in place under the Soludo administration. The continued repayment of these historic debts means that a portion of the state’s annual budget is earmarked for debt service rather than new projects. The government has not released specific figures for the outstanding balances, but the commitment to these payments is expected to shape fiscal planning and resource allocation for the coming years.