The Anambra State Government says deductions are still being made from its monthly Federation Account Allocation Committee revenue to service loans it says were obtained during the administration of former Governor Peter Obi.

The Commissioner for Information and Value Reorientation, Law Mefor, disclosed this on Friday while speaking on a television programme amid the ongoing dispute over Obi’s financial record as governor.

Mefor said some of the loans were guaranteed by the Federal Government but remained repayable obligations, stressing that government guarantees did not convert the facilities into grants.

He said eight external loan facilities attributed to the Obi administration were among the obligations currently being serviced through deductions from the state’s allocations.

According to Mefor, the loans amounted to about $123 million, while the state government had previously cited Debt Management Office records putting the outstanding balance at about N127.4 billion as of June 30, 2026.

The commissioner said the facilities financed projects in areas including healthcare, education, erosion control, malaria intervention and agricultural development.

He argued that the issue was not whether borrowing was inherently wrong, but whether Obi was correct in claiming that his administration did not leave outstanding loan obligations for subsequent governments.

Mefor also rejected Obi’s claim that he left Anambra without financial liabilities, saying some obligations from previous administrations remained outstanding.

Obi has disputed the claims, maintaining that he cleared more than N35 billion in inherited gratuities and arrears and left office without outstanding salaries, pensions or gratuities. He has challenged the Anambra Government to provide evidence to the contrary and said he would stop campaigning for the 2027 presidential election if it establishes that he left the state in debt.

The dispute has continued to generate exchanges between Obi and officials of the Anambra State Government, with the parties presenting different accounts of the state’s financial position when he left office in 2014.