Federal Allocations: Finance Ministry figures expose Obiano’s lies

Posted by News Express | 3 April 2017 | 2,391 times

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•Obiano (L) and Obi exchanging pleasantries.

Claims by the Anambra State Governor, Chief Willie Obiano, and his aides that the administration has in the past three years received less than what the Peter Obi administration, which it succeeded, received during a similar period have been exposed as lies by figures obtained from the Federal Ministry of Finance.

The figures, which include allocations to Anambra State from the time of Dr. Chris Ngige till date, showed that Governor Obiano has received over N292 billion so far, while Peter Obi received less than 180 billion in his first three years as Governor.

Below are the details:


State Allocation

2007 ~ N26.72 billion

2008 ~ N32.80 billion

2009 ~ N28.81 billion

Total = N88.33 billion

LG Allocation

2007 ~ N20.23 billion

2008 ~ N25.01 billion

2009 ~ N21.40 billion

Total = N66.64 billion


2007 ~ N6 billion

2008 ~ N6 billion

2009 ~ N6 billion

Total = N18 billion

Grand Total of what Peter Obi collected in his first 3 years, 2007, 2008, 2009 = N178,956,041,801.7


State Allocation

2014 ~ N51.34 billion

2015 ~ N40.40 billion

2016 ~ N32.30 billion

Total = N124.04 billion

LG Allocation

2014 ~ N39.60 billion

2015 ~ N30.85 billion

2016 ~ N25.60 billion

Total = N93.05 billion


2014 ~ N24 billion

2015 ~ N24 billion

2016 ~ N24 billion

Total = N72 billion

Grand Total of what Obiano collected in his first 3 years, 2014, 2015, 2016 = N292,050,428,891.88


1. Inherited N75 billion (cash and Investment), while his predecessor inherited nothing.

2. The value of the N75 billion both the dollar component of it and interest accrued is close to 200 billion Naira.

3. So far Obiano has borrowed over 60 billion Naira

4. Obiano has received 23.9 Billion Naira as Paris Club Refund

5. Just this year alone, he received over N300 million as dividend from Anambra State Investment in SABmiller.

Source: News Express

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