Why I Left N75 Billion In Anambra State Acoout When I Handed Over – Peter Obi

Peter Obi, the former governor of Anambra State, has revealed why he conserved money for the state during his term.

While leaving office, Obi declared that he would pass over N75 billion to his successor, Chief Willie Obiano.

The governor’s response comes after Charles Soludo disclosed on national television that the government’s coffers contained barely N300 million, despite a debt profile of over N400 billion.

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In a news release sent by his media aide, Mr Valentine Obienyem, Obi explained why he chose to rescue.

He said: “Often some people who are not experts in finance and statecraft question the rationale behind savings which Obi embarked on out of mischief, display of continued opposition, hatred or pure ignorance.

“I often express surprise at their viewpoints, because even among animals, we see the practice of saving for tomorrow out of today’s surplus. However, among the human family, we need not save only when there is surplus.

“If, for example, one plans to buy a car next year, would one not start saving money for that? Savings is about planning and, as Obi always said, If you do not plan, you have planned to fail.

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“As for those in the habit of arguing against what they do not understand, I hope you will commend the debt burden that will weigh Anambra down as revealed by Prof. Charles Soludo. May I present to you the rationale behind Obi’s savings in the State as he himself explained.

“Unfortunately, we live in a system where people do not think about tomorrow and do not plan for future generations but would prefer to obliterate accumulated income and put the state in debt before exiting office.

“These are the reasons he is qualified for leadership at any level. In fact, we need such a man for Nigeria to re-discover herself.”

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