Politics Peter Obi Bows Out of Office leaving N75bn Behind

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In a Nation where political office holders make it a point o duty to empty the coffers before their exit from office, Peter Obi, former governor of Anambra state has started a new trend.

Obi yesterday announced that Anambra state can boast of N75 billion in the treasury even as his tenure comes to an end .

Speaking at the presentation of his report card to the people of Anambra State, Obi said, he had invested $155 million (N26 billion), and that the state had a bank balance of N11.5 billion. The other sources of income was the Federal Government approved refund of N10 billion. He further stated that his government had gotten a N620 billion allocation from Federal government throughout his tenure while agencies had donated N20 billion.

Obi pinpointed prudent fiscal management as a core factor behind his success.

peter obi.jpg
 
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