Anambra State Governor, Professor Chukwuma Soludo, has fiercely denied allegations published by Daily Trust Newspapers that his administration is planning to borrow N245 billion to finance the 2024 budget.

Labelling the report as “fake news,” Soludo made his position clear during a press briefing following a state broadcast to commemorate the 33rd anniversary of Anambra State’s creation.

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“For close to three years of my being governor, I have not borrowed a dime,” Soludo asserted.

He emphasized that neither he nor his team has discussed or entertained such a borrowing plan.

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He said: “The news that I want to borrow N245 billion to fund the 2024 budget is fake news.

“I have tried to find out from the rest of my team where that was coming from and to know if there are any such plans that I’m not aware of. So, it is certainly fake news.”

The Governor took the opportunity to clarify his administration’s stance on borrowing, stating that while borrowing itself is not inherently bad, his government has been exceptionally cautious and selective.

Last updated on November 15th, 2024 at 11:06 am