Anambra State Governor, Charles Soludo has said that the debt left behind by his predecessor, Willie Obiano, is in excess of N100 billion.
Soludo, said this on the Morning Show on Arise Television on Tuesday, where he mentioned that his predecessor left N300 or 400 million cash and a debt of over N100 billion as of December 31, 2021.
He said that in terms of finances, there is an audited account of Anambra as of December 31, 2021, which is a public document that anyone can access and that between the audited accounts as at the end of the year 2021, everyone knows that the state finances are not quite robust.
He also said that in terms of debt, it is in the range of over N100 billion and then cash at which the state has is N300 or N400 million, but they are still going to have all the reconciliations and all the accounts from January to the date he was handed over.
Governor Soludo also said he is hopeful that they will make money henceforth to help them fulfil their promises for infrastructure and the development of the state.