The All Progressives Congress (APC) Presidential Campaign Council has accused former Anambra State Governor and 2027 presidential aspirant Peter Obi of leaving the state with substantial financial liabilities, challenging his long-standing claims of fiscal prudence during his tenure.
The accusation was contained in a statement issued on Monday, September 21, 2026, by Dele Alake, spokesman for the APC Presidential Campaign Council.
According to Alake, the Anambra State Government recently disclosed that Obi spent approximately $4.05 billion, equivalent to about N5.4 trillion, during his eight years as governor and contracted $123.77 million in external loans.
The statement said the state government also identified eight external borrowings linked to projects in areas including malaria control, erosion management, education and healthcare as of March 17, 2014, when Obi left office.
It added that successive administrations, including the administration of Governor Chukwuma Soludo, continued to service the loans.
While acknowledging that borrowing could be justified when used for development, Alake questioned the disclosures against Obi’s repeated claims that he left Anambra State without a debt burden.
The APC campaign spokesman also alleged that Obi’s administration failed to pay workers’ salaries on time in some government agencies.
As evidence, he cited a memo dated April 25, 2006, purportedly written by Obi’s then Chief of Staff, Chuks Ileogbunam, appealing to the governor to release N15 million monthly to settle the salaries of workers of the Anambra State Water Corporation.
The memo, according to the statement, warned that the affected workers could protest at the Governor’s Office over unpaid salaries.
Alake further alleged that Obi had during his campaign promised to resign if it was established that workers were not paid as and when due.
He linked that alleged promise to Obi’s more recent pledge to withdraw from the 2027 presidential race if it was proven that his administration left Anambra with a debt burden.
The APC campaign council therefore called on Obi to withdraw from the 2027 presidential contest, arguing that the reported liabilities contradicted his public claims about his financial record in Anambra.
The statement also criticised Obi over a recent solidarity visit to an individual facing an Economic and Financial Crimes Commission (EFCC) trial, describing the case as involving allegations of unexplained wealth and corruption.
The claims in the statement were made by the APC Presidential Campaign Council and represent its assessment of Obi’s record as governor.
