AWKA, Nigeria – Former Governor of Anambra State and presidential contender, Peter Gregory Obi, CON, has dismissed allegations by the Anambra State Government claiming his administration left behind contractor liabilities, unpaid pension obligations, and a ₦2 billion ecological loan, releasing verifiable banking records to show that dedicated ecological funds were left completely intact, political correspondents confirmed on Tuesday, September 15, 2026.
The detailed rebuttal follows recurring public statements emanating from state government officials in Awka alleging that inherited fiscal encumbrances, including outstanding ecological facilities and contractor liabilities, had constrained contemporary governance.
Okay News reports that Obi described the claims as entirely baseless, explaining that upon concluding his tenure in March 2014, his administration had systematically eliminated historical arrears and maintained an unblemished record of fiscal solvency.
Obi explained that rather than accumulating unpaid obligations, his government liquidated over ₦35 billion in inherited pension and gratuity arrears dating back several decades, ensuring that civil servants, retired personnel, and certified contractors were fully settled before his handover.
“At the point of handover, the state owed nothing in salaries, gratuities, or pensions, nor did we owe anything to any contractor for projects duly executed and certified,” Obi stated in a signed clarification issued on Tuesday.
Addressing the contentious ₦2 billion ecological facility specifically, the former governor clarified that the intervention sum was disbursed by the Federal Government barely three months prior to the expiration of his term to execute emergency remediation on catastrophic gully erosion sites across Oko and Umuchiana.
Obi stated that despite intense pressure from various quarters to deploy the capital in the twilight of his administration, he declined to award rushed procurement contracts, choosing instead to preserve the entire capital allocation for his successor under the principle that governance is an unbroken continuum.
To substantiate his position, Obi published the account particulars where the funds were preserved, disclosing that the money was deposited in First Bank of Nigeria Limited under Account Number 2018779464, leaving behind a closing balance of over ₦2.13 billion with accumulated interest.
He emphasized that capital allocations earmarked for specific ecological interventions or tied to earmarked capital infrastructure projects were accounted for independently and were entirely distinct from the over ₦75 billion in liquid state savings and investment portfolios handed over to the succeeding administration.
Challenging the state government and independent financial auditors to contradict his assertions, Obi staked his ongoing political career on the veracity of his public records.
“If anybody can establish anything to the contrary, I will stop campaigning,” Obi affirmed, urging public commentators and political actors to focus discourse on verifiable institutional records and transparent governance rather than fabricated debt narratives.
