Peter Obi’s loans still being deducted from Anambra allocations — Commissioner

The Anambra State Government has said deductions are being made from the state’s monthly Federation Account Allocation Committee, FAAC, revenue to service loans it says were obtained by the administration of former Governor Peter Obi.
The Commissioner for Information and Value Reorientation, Law Mefor, disclosed this on Friday while speaking on Arise Television’s The Morning Show , amid the ongoing dispute over the financial records of Obi’s tenure.
Mefor said the fact that some of the facilities were guaranteed by the Federal Government did not mean they were grants or funds that did not require repayment.
“First and foremost, a loan is a loan, and whether it is sovereign or not, ...