The newly sworn -in Governor of Anambra State, Charles Chukwuma Soludo who was newly sworn- in has raised an alarm over that financial status of the state which he described as being in "bad shape".
Speaking during Arise TV Morning Show on Tuesday, Soludo claimed his predecessor, Willie Obiano, had left behind a paltry sum of between N300 and N400 million in the state coffers.
He however, claimed he inherited a whopping debt running to hundreds of billions of naira, from his predecessor.
“In terms of debt I inherited, it runs into hundreds of billions of naira. In terms of cash, we met about 300 million Naira only. In fact, let’s not talk about it. Our treasury is funny. But I hope we shall make money henceforth to help us fulfil our promises for infrastructure and development of the state. But in terms of what I met in our coffers, my brother, it’s pathetic. Please, let us not go there. God will help us,” the governor stated.
The governor further expressed worry concerning this ugly development, saying “the state finance is in bad shape”, and in dire need of restoration.
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