Anambra Govt Disputes Obi’s ₦2.13bn Ecological Fund Claim
The Anambra State Government has disputed former Governor Peter Obi’s claim that he left more than ₦2.13bn in an ecological fund account, saying records show the account was not an ecological fund account and never held the amount cited.
The Anambra State Government has challenged former Governor Peter Obi’s claim that he left more than ₦2.13bn in an ecological fund account before handing over power in 2014.
The Commissioner for Information and Value Reorientation, Law Mefor, said the government had obtained a certified statement of the First Bank account identified by Obi and found that it was an Internally Generated Revenue Consolidated Revenue Account, not an ecological fund account.
Mefor said the account, which was opened in 2011, had never recorded an inflow or balance of ₦2.13bn from its inception to date.
He therefore challenged Obi to explain where the amount he claimed to have left for his successor was kept.
The government’s response followed Obi’s rejection of claims that his administration left behind debts, including an ecological loan, contractor liabilities and unpaid salaries, gratuities and pensions.
Obi had said his administration cleared more than ₦35bn in historical gratuity and arrears and left office without outstanding salary, pension or gratuity obligations.
On the ecological fund, the former governor said the money was released shortly before the end of his tenure for the Oko/Umuchiana erosion crisis. He said he deliberately left the funds untouched for his successor because they were tied to the specific project.
Obi also claimed that more than ₦2.13bn remained intact in the First Bank account and that his administration left more than ₦75bn in savings.
However, Mefor disputed the claims, saying eight external loans remained outstanding when Obi left office on March 17, 2014. He said the combined balance of the loans stood at ₦127.4bn as of June 30, 2026, using the official exchange rate.
The commissioner also said the current administration had cleared about ₦22bn in inherited gratuity arrears but maintained that some legacy liabilities from previous administrations remained.
He further disputed Obi’s claim about the state’s savings, asking for records to substantiate the reported ₦75bn balance.
The disagreement comes as both sides continue to contest the financial position inherited by successive administrations in Anambra State.
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