Obi leaves N75bn; Iweala, Dangote, Achebe, others eulogise him

Governor Peter Obi says administration has
N75Billion Naira in savings for Anambra State. The
governor, who announced this during a public
presentation of his end of tenure report, said the
money included N25 billion  investment for the
state.
Obi said that expected bank balances as at March
14, 2014 would be N11.5bilion Federal Government
approved refund,  N10 billion and foreign currency
investment of (US$155m) N26 billion.
Obi also gave account of the investment Anambra
made in some projects being executed, some of
which are N3.5 billion in INTAFACT, N9b in Nigeria
Independent Power Project; N4billion in Orient
Petroleum Resources PLC, N1b in Onitsha Hotel;
N1b in Agulu Lake Hotel; N0.9billion in Awka
Shopping Mall, and N350m in  quoted investment
portfolio, among others.
The
governor explained that his administration received
about N620 billion and N20 billion naira from
Federal Allocation and interventions from donor
agencies and development partners. He noted that
in spite the state’s  low revenue profile, his
government completed over 801 kms of roads that
gave access to all parts of Anambra and opened up
rural areas. He noted that collaboration with the
church transformed and repositioned the education
and health sector to meet the needs of the people.