The governor of Anambra state, Chukwuma Soludo, has said that the investment made by former governor, Peter Obi, for the state is now “worth next to nothing.”
Soludo made this known on Thursday, November 10.
Obi, the presidential candidate of the Labour Party (LP), served as Anambra governor l between 2006 and 2014, owing to a series of legal battles occasioned by impeachment and issues on election schedule.
However, ahead of the 2023 presidential election, the investment made by Obi when he was governor on behalf of the state have generated debate on social media.
Obi, in an interview in 2018, said that he invested $20 million in International Breweries on behalf of Anambra state while he was governor.
Findings also revealed that $12.24 million was invested in International Breweries at the time, and the amount was now worth less than $6 million.
Soludo, while speaking on Thursday, was asked about the value of investment made by Obi on behalf of the state.
The governor said that, “There was something I read about somebody speculating about the value of whatever investment made by Peter Obi on behalf of the state.
“As of today, the value of those investments is worth next to nothing.”
Soludo, however, did not specify if the investment in reference was that of International Breweries, according to The Cable.
The Anambra state governor noted that he would rather invest in infrastructure that will improve the lives of his people than in a private company.
“First of all, you have to rebuild the public infrastructure, that is building the future,” Soludo said.
“We are investing in our schools, hospitals. We are creating Anambra as Africa’s leisure entertainment hub, modernising our cities, embarking on urban regeneration, giving our people light so that they can have quality air to breathe, controlling pollution, and dealing with flooding and erosion.
“I’m not going to leave those important things and invest in a private company with the state funds,” he added.






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