• Home
  • Insight
  • Blog
  • Business
  • Entertainment
  • Health
  • Politics
  • Shop
    • Gift Shop
    • Value Shop
    • Store
    • Bargain Shop
    • Discount
  • Sports
  • Tech
  • Travel
  • USA
  • Video
  • World
    • Asia
    • Africa
    • South America
    • North America
    • Europe
    • Oceania
Wednesday, September 16, 2026
No Result
View All Result
Subscribe Now
  • Home
  • Insight
  • Blog
  • Business
  • Entertainment
  • Health
  • Politics
  • Shop
    • Gift Shop
    • Value Shop
    • Store
    • Bargain Shop
    • Discount
  • Sports
  • Tech
  • Travel
  • USA

    South Florida woman accused of drugging man at club to steal Rolex

    Trump Approves $2.8 Billion Arms Sale to Israel, Including 40,000 One-Ton Bombs

    Tech CEOs’ Doomsaying Is a Distraction from Real, Existing Harms of AI

    J.D. Vance warns that Big Tech’s plea for federal regulation may be a ‘Trojan horse’

    Trump wades into Irish reunification debate

    Search underway for over 100 people missing after Indonesian passenger ship overturns

    ‘Matrix’ Director Lilly Wachowski Accuses ‘Harry Potter’ Fans of ‘Supporting Trans Genocide,’ Praises ‘Ally’ Christopher Nolan

    Nolan McLean’s rare clunker sinks Mets in Subway Series loss

    How schools teach 9/11 to students born after the attacks, 25 years on

  • Video
  • World
    • Asia
    • Africa
    • South America
    • North America
    • Europe
    • Oceania
The Insight Post
  • Home
  • Insight
  • Blog
  • Business
  • Entertainment
  • Health
  • Politics
  • Shop
    • Gift Shop
    • Value Shop
    • Store
    • Bargain Shop
    • Discount
  • Sports
  • Tech
  • Travel
  • USA

    South Florida woman accused of drugging man at club to steal Rolex

    Trump Approves $2.8 Billion Arms Sale to Israel, Including 40,000 One-Ton Bombs

    Tech CEOs’ Doomsaying Is a Distraction from Real, Existing Harms of AI

    J.D. Vance warns that Big Tech’s plea for federal regulation may be a ‘Trojan horse’

    Trump wades into Irish reunification debate

    Search underway for over 100 people missing after Indonesian passenger ship overturns

    ‘Matrix’ Director Lilly Wachowski Accuses ‘Harry Potter’ Fans of ‘Supporting Trans Genocide,’ Praises ‘Ally’ Christopher Nolan

    Nolan McLean’s rare clunker sinks Mets in Subway Series loss

    How schools teach 9/11 to students born after the attacks, 25 years on

  • Video
  • World
    • Asia
    • Africa
    • South America
    • North America
    • Europe
    • Oceania
No Result
View All Result
No Result
View All Result
Home Nigeria

Peter Obi left N127bn loan balance — Anambra

by Theinsightpost
September 16, 2026
in Nigeria
0 0
0

By Vincent Ujumadu

The Anambra State Government has disputed claims that the administration of former Governor Peter Obi left the state without outstanding liabilities at the end of his tenure.

The government said Obi’s administration left outstanding loans as well as arrears of salaries, pensions and gratuities inherited by subsequent administrations.

In a statement by the Commissioner for Information and Value Reorientation, Dr Law Mefor, the government said the administration of Governor Chukwuma Soludo had cleared about N22 billion in inherited gratuity arrears owed to retired state and local government employees and teachers.

Mefor said the government would not join the debate over which administrations paid particular arrears, but maintained that some legacy liabilities dating back to previous administrations remained outstanding.

He cited salary arrears owed to workers of the defunct Water Corporation, which he said persisted throughout Obi’s tenure.

The commissioner also said there were outstanding salary, pension and gratuity arrears owed to primary school teachers under the local government system dating back to the administration of the late Governor Chinwoke Mbadinuju.

According to Mefor, the present administration was recently informed that the Obi administration had verified and certified 16 months of salary arrears and agreed to pay them in tranches.

“We have been informed that the government of HE Peter Obi verified and certified the debt of 16 months of salary arrears and agreed to pay in tranches.

“It only paid five months and no more until today. This administration has set up a committee headed by the Head of Service to finalise a new verification for us to pay,” he said.

Mefor further cited the latest report of the Debt Management Office (DMO), saying the total balance of loans attributed to the Obi administration stood at N127.4 billion as of June 30, 2026, based on the official exchange rate.

He added: “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.

“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.

“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”.

ShareTweetSend
Previous Post

Scholarship scheme launched for Ga-Dangme students

Next Post

Premier League lets Gabriel off the hook for violent conduct

Related News

Nigeria

Changing the Narrative – THISDAYLIVE

September 15, 2026
Nigeria

Yayi threatens legal action over alleged Ekiti origin claims

September 15, 2026
Nigeria

INEC’s “Final List”, Dangote’s Ark And The Looming Agony

September 14, 2026
Nigeria

Tinubu orders release of funds to regional development commissions

September 14, 2026
Next Post

Premier League lets Gabriel off the hook for violent conduct

Discussion about this post

Subscribe To Our Newsletters

    Customer Support


    1251 Wilcrest Drive
    Houston, Texas
    77042 USA
    Call-832.795.1420
    e-mail – news@theinsightpost.com

    Subscribe To Our Newsletters

      Categories

      • Africa
      • Africa-East
      • African Sports
      • American Sports
      • Arts
      • Asia
      • Australia
      • Business
      • Business Asia
      • Business- Africa
      • Canada
      • Defense
      • Education
      • Egypt
      • Energy
      • Entertainment
      • Europe
      • European Soccer
      • Finance
      • Germany
      • Ghana
      • Health
      • Insight
      • International
      • Investing
      • Japan
      • Latest Headlines
      • Life & Living
      • Markets
      • Mobile
      • Movies
      • New Zealand
      • Nigeria
      • Politics
      • Scholarships
      • Science
      • South Africa
      • South America
      • Sports
      • Tech
      • Travel
      • UK
      • USA
      • Weather
      • World
      No Result
      View All Result

      Recent News

      Jaclyn Smith on Charlie’s Angels Costar Farrah Fawcett’s Final Days

      September 16, 2026

      iPhone 18 Pro review: More of a great thing

      September 16, 2026

      Former Kosovo president Hashim Thaçi sentenced to 25 years for 1990s war crimes

      September 16, 2026

      Outcome of Suit Against Department of Labor Could Boost Skimpy Employer Health Plans

      September 16, 2026
      • Home
      • Advertise With Us
      • About Us
      • Corporate
      • Consumer Rewards
      • Forum
      • Privacy Policy
      • Social Trends

      Theinsightpost ©2026 | All Rights Reserved. Theinsightpost is an Elnegy LLC company, registered in Texas, USA

      Welcome Back!

      Login to your account below

      Forgotten Password?

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In

      Add New Playlist

      We are using cookies to give you the best experience on our website.

      You can find out more about which cookies we are using or switch them off in .

      No Result
      View All Result
      • Home
      • Insight
      • Blog
      • Business
      • Entertainment
      • Health
      • Politics
      • Shop
        • Gift Shop
        • Value Shop
        • Store
        • Bargain Shop
        • Discount
      • Sports
      • Tech
      • Travel
      • USA
      • Video
      • World
        • Asia
        • Africa
        • South America
        • North America
        • Europe
        • Oceania

      Theinsightpost ©2026 | All Rights Reserved. Theinsightpost is an Elnegy LLC company, registered in Texas, USA

      The Insight Post
      Powered by  GDPR Cookie Compliance
      Privacy Overview

      This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

      Strictly Necessary Cookies

      Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

      Cookie Policy

      More information about our Cookie Policy