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Ngige Claims He Left ₦13.8bn in Anambra Coffers for Successor Peter Obi

By Erewunmi Peace

Former Governor of Anambra State, Dr. Chris Ngige, has reignited political debate after stating that he left ₦13.8 billion in the state treasury when handing over to his successor, Peter Obi, in 2006.

Ngige made the disclosure in a recent interview, noting that part of the funds were deposited in Fidelity Bank, which he described as a financial institution associated with Obi. He said the money included allocations for education, infrastructure, and other state projects.

According to Ngige, the funds were properly documented and handed over to the incoming administration. Some commentators have circulated claims that the amount was equivalent to $172 million, though this figure has not been independently verified.

Political observers say the comment could stir fresh controversy in Anambra politics, especially as it touches on Peter Obi’s widely publicized reputation for prudent financial management during his tenure.

Ngige has, however, cautioned against misrepresentation of his remarks. In an earlier statement, he accused political actors of twisting his words for partisan purposes.

Background

Peter Obi succeeded Ngige as Anambra State Governor in 2006 and has often been credited with leaving significant reserves for his successor in 2014. The two politicians have at different times clashed over the state’s financial legacy.

As political debates heat up ahead of 2027, analysts warn that historical claims about state finances may continue to feature prominently in public discourse. Neither Obi nor Fidelity Bank has issued an official response to Ngige’s latest comments.

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