Politics

Peter Obi mourns Olu Jacobs amid Anambra debt dispute

Peter Obi has paid tribute to veteran actor Olu Jacobs as his dispute with the Anambra State Government over outstanding loans and other liabilities from his tenure continues.

By OYEBODE OLUWAFEMI EMMANUEL

1 min read 2 views Updated Oct 12, 2026
Nigeria Democratic Congress presidential candidate Peter Obi has mourned veteran actor Olu Jacobs, describing him as a symbol of excellence in Nigeria’s creative industry and extending condolences to his family, colleagues and the wider entertainment community.

The tribute comes amid an ongoing dispute between Obi and the Anambra State Government over liabilities linked to his tenure as governor. The state government says loans connected to projects from that period had an outstanding balance of about N127.4 billion as of June 30, 2026, while also citing inherited salary, pension and gratuity obligations.

Obi disputes the claims, insisting his administration settled obligations due before he left office and left substantial savings for his successor. He has challenged the state government to provide evidence establishing that he left unpaid debts, while both sides continue to present differing accounts of the state’s financial position at the end of his administration.

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Peter Obi has paid tribute to veteran actor Olu Jacobs as his dispute with the Anambra State Government over outstanding loans and other liabilities from his tenure continues. Nigeria Democratic Congress presidential candidate Peter Obi has mourned veteran actor Olu Jacobs, describing him as a symbol of excellence in Nigeria’s creative industry and extending condolences to his family,...

Key takeaways
  • Peter Obi has paid tribute to veteran actor Olu Jacobs as his dispute with the Anambra State Government over outstanding loans and other liabilities from his tenure continues.
  • Nigeria Democratic Congress presidential candidate Peter Obi has mourned veteran actor Olu Jacobs, describing him as a symbol of excellence in Nigeria’s creative industry and extending condolences to his family, colleagues and the wider entertainment community.The tribute comes amid an ongoing dispute between Obi and the Anambra State Government over liabilities linked to his tenure as governor.
  • The state government says loans connected to projects from that period had an outstanding balance of about N127.4 billion as of June 30, 2026, while also citing inherited salary, pension and gratuity obligations.Obi disputes the claims, insisting his administration settled obligations due before he left office and left substantial savings for his successor.
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Peter Obi has paid tribute to veteran actor Olu Jacobs as his dispute with the Anambra State Government over outstanding loans and other liabilities from his tenure continues. Nigeria Democratic Congress presidential candidate Peter Obi has mourned veteran actor Olu Jacobs, describing him as a symbol of excellence in Nigeria’s creative industry and extending condolences to his family,...

Who published this story?

Glow 99.1 FM published this story with OYEBODE OLUWAFEMI EMMANUEL listed as author.

When was it published?

September 17, 2026

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