Peter Obi Defends $150 Million and ₦36 Billion Savings
Peter Obi, the former governor of Anambra State, said that when he handed over office in 2014, the state had accumulated savings of approximately $150 million and ₦36 billion.
He explained that the funds were divided equally among three commercial banks – Diamond Bank, Fidelity Bank and Access Bank – with each holding $50 million and ₦12 billion.
Obi noted that the money was invested in government bonds at publicly available interest rates, ensuring that the state did not suffer any losses.
He urged critics to visit the banks and examine the records, stating that the transactions were transparent and open for independent verification.
The former governor also challenged anyone to name another Nigerian sub‑national entity where a governor left office with comparable savings, saying he would cease public commentary if such an example could be shown.
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