Anambra state governor, Charles Chukwuma Soludo, says he inherited over N100 billion in debt from his predecessor Willie Obiano.
“Everybody knows that the state finances are not robust. We have debt of 100 and something billion as debt and about 300 million cash,” Mr Soludo said.
“But we will still have reconciliation to make for the period between January and the day we were handed over.
“There is also contractor debt contingent liabilities. That is the baseline,” the governor added.
Mr Soludo, who assumed office last week Thursday, in an interview with Arise TV on Tuesday, said the state finance is public document and was available for scrutiny.
“In terms of finances, there is detailed audited account which is a public document and anybody can assess it.
“The audited account up to 31st December, 2021, has been published. It contains our assets and liabilities as at the end of the year,” Mr Soludo said.
The governor suspended Anambra’s revenue collection, following his swearing-in on Thursday.
