News, Uncategorized

(UPDATED) SOLUDO RAISES THE ALARM, SAYS STATE FINANCE IS PATHETIC

The newly sworn-in Governor of Anambra State, Charles Chukwuma Soludo, has raised the alarm over the state of finance of the state, which he said is in a “bad shape”.


Speaking during Arise TV Morning Show on Tuesday, Soludo claimed his predecessor, Willie Obiano, had left behind a paltry sum of between N300 and N400 million in the state coffers.



DCO Global News
Published on March 23, 2022
By Odoh Dominic Chukwuemeka


He, however, claimed he inherited a whopping debt running to hundreds of billions of naira, from his predecessor.

“In terms of debt I inherited, it runs into hundreds of billions of naira. In terms of cash, we met about 300 million Naira only. In fact, let’s not talk about it. Our treasury is funny.


But I hope we shall make money henceforth to help us fulfil our promises for infrastructure and development of the state.


But in terms of what I met in our coffers, my brother, it’s pathetic. Please, let us not go there. God will help us,” the governor stated.

The governor further expressed worry concerning this ugly development, saying “the state finance is in bad shape”, and in dire need of restoration.


The anti-graft agency, the Economic and Financial Crimes Commission, had arrested Obiano on the night of Thursday, March 17, at the Murtala Muhammed International Airport in Lagos, following his handover to Soludo.

The former governor was later granted bail after spending five days in the EFCC’s detention, although he had not yet perfected his bail conditions as of the time of filing this report.



By Odoh Dominic Chukwuemeka

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Governor Charles Chukwuma Soludo

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