Politics

I inherited over N100bn debt, N400m cash from Obiano –Soludo

Published

4 years ago

March 23, 2022

Governor of Anambra State, Prof. Chukwuma Soludo

Governor of Anambra State, Prof. Chukwuma Soludo, yesterday, said he inherited a debt of over N100 billion and cash of about N300 or N400 million from his predecessor, Chief Willie Obiano.

The revelation came after Obiano was arrested for alleged corruption by the Economic and Financial Crimes (EFCC) at the Murtala Muhammed International Airport, Lagos, on his way to Houston, Texas, US, last Thursday after handing over.

Soludo, who spoke on Arise Television programme, said he inherited a state whose financial position was “not quite robust” but promised to run a transparent accounting system.

“In fact, let’s not talk about it. Our treasury is funny. 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…

“First, in terms of finances, there is an audited account of Anambra as at December 31, 2021 which is a public document which anyone can access. Between the audited accounts as at the end of the year 2021, everyone knows that the state finances are not quite robust. In terms of debt, it is in the range of over N100 billion and then cash at which the state has is N300 or N400 million, but we are still going to have all the reconciliations and all the accounts from January to the date we had the handover.

“Anambra State intends to have a transparent public finance management where we are going to publish our accounts so that everyone will have a knowledge of what is there and what is missing and what funds have been used for.”

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On insecurity, the former Central Bank of Nigeria (CBN) governor said there were ongoing discussions with the Indigenous People of Biafra (IPOB) and other stakeholders on how to tackle the menace and also end the sit-at-home order on Mondays.

“After the swearing in, I went into the office straight away and a few minutes after that I started the security council meeting of the state which lasted more than three hours. The conversations about that are still ongoing and I believe that we will get to crack it and the sit at home thing will definitely end.

“We are in discussions with the stakeholders, IPOB and everyone else and it is the people’s power that will prevail at the end of the day. The poor innocent artisans like keke driver, traders are suffering, but for the elite, they can afford to watch TV and so the state is losing out as its people are impoverishing. We are determined to restore law and order.”

Soludo in his inaugural speech last week Thursday in Awka had lamented the economic losses incurred by the South East states each day a sit-at-home is observed.

“Every day, there is a sit at home these poor masses lose an estimated N19.6 billion in Anambra alone. Due to the protracted breakdown of law and order, businesses are relocating outside Igboland, with growing unemployment, and traders who used to come to shop in Onitsha, Aba etc are going elsewhere. Who is losing? By forcing our children—the future of Igboland—to stay at home instead of being in school, while even the critically sick people (including pregnant women) cannot go to hospital, we harm our future,” he said.

SUN

Related Topics:debt inherited Obiano Soludo

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Tinubu Hails Wike as APC Dominates 2026 FCT Area Council Elections

Published

13 hours ago

February 22, 2026

Trends Admin

President Bola Tinubu and Minister of the Federal Capital Territory (FCT), Nyesom Wike

Tinubu Hails Wike as APC Dominates 2026 FCT Area Council Elections

President Bola Tinubu has commended the Minister of the Federal Capital Territory (FCT), Nyesom Wike, for his outstanding contributions to the success of the ruling All Progressives Congress (APC) in the recently concluded 2026 FCT Area Council elections.

The Independent National Electoral Commission (INEC) conducted polls across the six area councils of the FCT — Abaji, Abuja Municipal Area Council (AMAC), Bwari, Gwagwalada, Kuje, and Kwali — on February 21, 2026. The APC secured victories in Abaji, AMAC, Bwari, and Kwali, while the Peoples Democratic Party (PDP) won in Gwagwalada.

In a statement issued by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, on Sunday, Tinubu congratulated all successful candidates and praised the peaceful and credible conduct of the elections, noting the efforts of INEC, security agencies, and voters.

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The President singled out Minister Wike — a member of the opposition PDP — for special commendation, saying his work in the FCT contributed to significant political gains for the APC. The statement read:

“President Tinubu commends the Minister of the Federal Capital Territory, Nyesom Wike, for his remarkable achievements in the territory, which have yielded political dividends to the governing APC. He congratulates the APC national leadership, as well as party structures in Kano and Rivers states, for the victories at the polls.”

Tinubu urged newly elected officials to govern with humility, dedication, and patriotism, emphasizing that their mandates are a sacred trust from the people. He also noted that the elections are a boost to Nigeria’s democratic development, reinforcing democratic institutions and culture.

The statement highlighted the importance of continued electoral reforms, calling on INEC to enhance its processes to ensure even more transparent and credible elections in the future.

While the elections were largely peaceful, FCT officials acknowledged that voter turnout varied, being higher in satellite towns than in city centre areas. Minister Wike praised security agencies and residents for maintaining order during the exercise.

The FCT Area Council elections are seen as a significant indicator for the APC’s performance ahead of the 2027 general elections, with the results bolstering the party’s position in key political zones.

Tinubu Hails Wike as APC Dominates 2026 FCT Area Council Elections

Politics

PDP Heads to Court Over FCT Polls, Cites Video Evidence of Irregularities

Published

16 hours ago

February 22, 2026

Trends Admin

PDP Heads to Court Over FCT Polls, Cites Video Evidence of Irregularities

The Peoples Democratic Party (PDP) has announced plans to challenge the outcome of the February 21, 2026 Area Council elections in the Federal Capital Territory, declaring that it is heading to court with what it described as strong video and documentary evidence of electoral irregularities.

The move follows the conclusion of voting across the six FCT area councils — Abaji, Abuja Municipal Area Council (AMAC), Bwari, Gwagwalada, Kuje and Kwali — with official results released by the Independent National Electoral Commission (INEC) showing a clear advantage for the All Progressives Congress (APC).

According to the results, the APC won chairmanship seats in Abaji, AMAC, Bwari and Kwali, while the PDP recorded its only victory in Gwagwalada Area Council.

PDP Sets Up Legal Team

In a statement signed by the party’s spokesperson, Ini Ememobong, the PDP disclosed that it has constituted a special legal team to prosecute all election-related petitions arising from the FCT council polls. The team is headed by the party’s National Legal Adviser, Shafi Bara’u.

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The party urged all its candidates dissatisfied with the election outcomes to immediately submit petitions and supporting materials, warning that delays could weaken their cases at the election tribunals.

Claims of Intimidation and Manipulation

The PDP accused security agencies and other actors of interfering in the electoral process, alleging widespread intimidation, vote suppression, and manipulation at polling units and during result collation.

“We specifically congratulate the Chairman-elect of Gwagwalada Area Council, Mohammed Kasim, and the councillors declared successful by INEC,” the statement said.

“This victory, though fewer than expected, is particularly significant given the background of unprecedented intimidation, high-powered money politics, and brazen executive brigandage witnessed during the elections.”

The party insisted it has visual records allegedly showing armed security personnel carting away result sheets, intimidating voters, and influencing outcomes in several polling units.

Voter Apathy and Electoral Reform

Beyond the legal challenge, the PDP blamed low voter turnout on what it described as declining public trust in Nigeria’s electoral system. The party argued that repeated controversies surrounding elections have weakened confidence among voters.

It warned that the FCT council elections could be a signal ahead of the 2027 general elections if urgent reforms are not implemented.

Call for Intervention

The opposition party called on the President and the National Assembly to urgently intervene by reforming the electoral framework, strengthening transparency, and limiting security interference in elections.

With post-election litigation now looming, political focus in the FCT is shifting from the ballot box to the courtroom as parties prepare for legal battles that could reshape grassroots governance in the nation’s capital.

PDP Heads to Court Over FCT Polls, Cites Video Evidence of Irregularities

Politics

FCT Council polls: APC Wins Four Chairmanship Seats as PDP Takes Gwagwalada

Published

16 hours ago

February 22, 2026

Trends Admin

FCT Council polls: APC Wins Four Chairmanship Seats as PDP Takes Gwagwalada

The All Progressives Congress (APC) has recorded a strong showing in the 2026 FCT Area Council elections, securing four chairmanship seats across the Federal Capital Territory, while the Peoples Democratic Party (PDP) claimed victory in Gwagwalada Area Council.

The elections were conducted by the Independent National Electoral Commission (INEC) in the six FCT councils — AMAC, Bwari, Kwali, Abaji, Gwagwalada and Kuje — with chairmen and councillors elected to oversee grassroots governance.

AMAC: Maikalangu Re-elected

In Abuja Municipal Area Council (AMAC), Christopher Maikalangu of the APC was re-elected after polling 40,295 votes, the highest in the contest. A total of 62,861 valid votes were recorded out of 65,197 votes cast.
The African Democratic Congress (ADC) placed second with 12,109 votes, while the PDP trailed with 3,398 votes. Rejected votes stood at 2,336, with 837,338 registered voters and 65,676 accredited voters in the council.

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Bwari: APC Clinches Clear Win

In Bwari Area Council, Joshua Ishaku of the APC emerged winner with 18,466 votes, defeating candidates of the ADC (4,254 votes) and the Zenith Labour Party (ZLP) (3,515 votes). The election covered 10 wards, including Kubwa, Ushafa, Dutse, Byazhin and Bwari Central.

Kwali: APC Extends Lead

The APC also won in Kwali Area Council, where Daniel Nuhu secured the chairmanship seat with 17,032 votes, beating Haruna Pai of the PDP who polled 8,575 votes.

Abaji: APC Dominates

In Abaji Area Council, Umar Abdullahi Abubakar of the APC was declared winner after scoring 15,535 votes. The Young Progressives Party (YPP) followed with 5,357 votes, while the PDP recorded 4,547 votes. The New Nigeria Peoples Party (NNPP) and ADC polled 53 and 37 votes respectively.

Gwagwalada: PDP Breaks APC Run

The PDP secured its only victory so far in Gwagwalada Area Council, preventing an APC sweep of the FCT councils.

Kuje Result Awaited

As of the time of filing this report, results from Kuje Area Council were still being awaited, with collation ongoing and an official announcement expected shortly.

Election Snapshot

So far, the APC has won in AMAC, Bwari, Kwali and Abaji, while the PDP has taken Gwagwalada, leaving Kuje as the final undecided council. The polls were largely peaceful, though voter turnout varied across councils.