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Obi Explains Why He Saved Money For Anambra State

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A former Governor of Anambra State, Mr. Peter Obi on Wednesday explained why he saved money for the State during his tenure.
The Eastern Updates recalls that Obi had, during concluding days of his tenure as governor of Anambra State, announced that he was leaving behind about 75 billion Naira for his successor, Chief Willie Obiano.
The explanation by the ex-governor on why he saved is coming on the heels of the declaration by the incumbent, Prof. Chukwuma Soludo recently that he met only a paltry 300 million Naira in the coffers of the State government, with a debt of over 100 billion Naira on assumption of power.
Obi pointed out that the real reason he saved massively for the state in a press release by his media aide, Mr. Valentine Obienyem which was sighted by The Eastern Updates.
He said: ‘Often some people who are not experts in finance and statecraft question the rationale behind savings which Obi embarked on out of mischief, display of continued opposition, hatred or pure ignorance.
‘I often express surprise at their viewpoints, because even among animals, we see the practice of saving for tomorrow out of today’s surplus. However, among the human family, we need not save only when there is surplus.
‘If, for example, one plans to buy a car next year, would one not start saving money for that? Savings is about planning and, as Obi always said, “If you do not plan, you have planned to fail.’
‘As for those in the habit of arguing against what they do not understand, I hope you will commend the debt burden that will weigh Anambra down as revealed by Prof. Charles Soludo. May I present to you the rationale behind Obi’s savings in the State as he himself explained.
‘Unfortunately, we live in a system where people do not think about tomorrow and do not plan for future generations but would prefer to obliterate accumulated income and put the state in debt before exiting the office.
‘These are the reasons he is qualified for leadership at any level. In fact, we need such a man for Nigeria to re-discover herself.’
The Eastern Updates reports that the revelation by the Anambra Governor has continued to generate a lot of reactions amongst many Nigerians.
THE EASTERN UPDATES

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