By Mudi Mudi
I have taken some time to research on the loan descriptions as released by the Anambra State Government which they claim Peter Obi as Governor signed off and my findings are as follows:
1.
The Nigeria Malaria Control Booster Project (MCBP) 2007:
This was financed through a US$180 million IDA credit from the
World Bank to the Federal Republic of Nigeria, not a loan independently taken
by the Anambra State Government. The World Bank records say the original IDA
credit was approved in December 2006 and became effective on May 15, 2007.
Anambra was one of the seven participating states, along with
Akwa Ibom, Bauchi, Gombe, Jigawa, Kano and Rivers.
VERDICT: FG was the borrower not Anambra State Government.
