Anambra State Governor, Prof. Chukwuma Soludo, yesterday, came to terms with the reality of governance, as he disclosed the state’s huge indebtedness under the immediate past administration, describing its finances as ‘being in bad shape.’


On assumption of office, he had reportedly lamented that Anambra was a failed state under Obiano’s first term and prior to his picking the governorship ticket had he queried: “If Anambra is not broken, why mend it.”


Soludo, who raised alarm in a television interview yesterday, revealed that his predecessor left a huge debt profile amounting to about N109 billion and cash of between N300 million and N400 million.


Source: The Guardian