Tuesday, 24 Jun 2025
Subscribe
TrackNews Logo
  • Home
  • News
  • Politics
  • Niger Delta
  • Entertainment
  • Business
  • Health
  • Sports
  • Crime
  • Editorial
  • 🔥
  • News
  • Politics
  • National
  • Sports
  • Crime
  • Entertainment
  • Business
  • Breaking News
  • Gist
  • Health
Font ResizerAa
Track NewsTrack News
Search
Follow US
©2025 Track News Media. All Rights Reserved. | Website Designed By AfeesHost
Home » Blog » Peter Obi Opens Up On Reason He Left N75 billion In State’s Account When He Handed Over
News

Peter Obi Opens Up On Reason He Left N75 billion In State’s Account When He Handed Over

Last updated: March 23, 2022 2:08 pm
Track News
Share
SHARE

Former governor of Anambra State, Peter Obi has opened up on the reason he saved money for the state during his tenure.

Obi had announced while leaving office that he was handing over N75 billion to his successor, Chief Willie Obiano.

The explanation by the governor is coming after Charles Soludo revealed on national television that he met only a paltry N300 million in the coffers of the government, with a debt profile of over N400 billion.

Obi gave the reason behind his decision to save in a press release by his media aide, Mr Valentine Obienyem.

He said: “Often some people who are not experts in finance and statecraft question the rationale behind savings which Obi embarked on out of mischief, display of continued opposition, hatred or pure ignorance.

“I often express surprise at their viewpoints, because even among animals, we see the practice of saving for tomorrow out of today’s surplus. However, among the human family, we need not save only when there is surplus.

“If, for example, one plans to buy a car next year, would one not start saving money for that? Savings is about planning and, as Obi always said, If you do not plan, you have planned to fail.

“As for those in the habit of arguing against what they do not understand, I hope you will commend the debt burden that will weigh Anambra down as revealed by Prof. Charles Soludo. May I present to you the rationale behind Obi’s savings in the State as he himself explained.

“Unfortunately, we live in a system where people do not think about tomorrow and do not plan for future generations but would prefer to obliterate accumulated income and put the state in debt before exiting office.

“These are the reasons he is qualified for leadership at any level. In fact, we need such a man for Nigeria to re-discover herself.”

TAGGED:Peter Obi Opens Up On Reason He Left N75 billion In State’s Account When He Handed Over
Share This Article
Email Copy Link Print
Previous Article Vote With Your Brain Not Stomach – Gbenga Daniel Warns Nigerians Ahead Of 2023 Election
Next Article Nancy Isime Denies Cheating Allegations, Dares Blogger To Release Proof
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
XFollow
InstagramFollow
LinkedInFollow
MediumFollow
QuoraFollow
- Advertisement -
Ad image

You Might Also Like

Presidency keeps mum over alleged deployment of Ita Enang

By
Track News
News

Fr Mbaka a victim of use and dump – Ohanaeze

By
Track News

I’ll build on infrastructural development – Buhari

By
Track News

Group moves to disqualify Senator Nwaoboshi from National Assembly

By
Track News
Track News
Facebook Twitter Youtube Instagram

About US

Track News is a leading news site with a primary focus on Nigeria and world news in general. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Top Categories
  • Home
  • News
  • Politics
  • Niger Delta
  • Entertainment
  • Business
  • Health
  • Sports
  • Crime
  • Editorial
Usefull Links

© Track News Media. All Rights Reserved. | Website Designed By AfeesHost

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?