The Anambra State Government says it is still repaying loans taken by previous administrations, including loans attributed to former governor Peter Gregory Obi. The government’s position responds to renewed claims and public discussion about borrowing during those earlier years.
According to the Anambra government, it is servicing obligations linked to loans incurred by past leaders. Premium Times reports Obi has said that when he left office as governor, the state had received $50 million each in Access, the defunct Diamond Bank, and Fidelity Bank—amounting to $150 million—with an interest rate of at least 6.5%. The outlets agree on the government’s core message that loan repayment is ongoing, though they differ in how much detail they emphasize about the amounts and terms.
Legit.ng frames the issue broadly as continuing repayment of loans borrowed under Obi and other past administrations. Premium Times provides more specific figures tied to Obi’s account of the facilities when he exited office, while still reflecting the government’s overarching claim that repayment is part of its current financial responsibilities.
