I stand by my claim on printing of N60bn, Obaseki replies FG




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Edo Governor Godwin Obaseki has said he won’t join issues with the Federal Government his claim that N60 billion was printed in March to support allocation to states.

Obaseki had lamented the fiscal state of the nation, stating Nigeria is in financial trouble.

While speaking at the transition committee stakeholders engagement the weekend, he claimed the Federal Government printed money to bridge allocation.

“When we got for March, the federal government printed additional N50-N60 billion to top-up for us to share,” he had said.

But The reported on Wednesday the Federal Government faulted his claim, dismissing it as untrue.


The Minister of Finance, Budget and National Planning, Zainab Ahmed, said Obaseki’ claim was very sad because it was “untrue”.

Reacting to the counter-reaction on Thursday, Obaseki, through his official twitter handle, said: “We believe it is our duty to offer useful advice for the benefit of our country

“The Minister of Finance, Budget and National Planning, @ZShamsuna should Nigerians to stem the obvious fiscal slide facing our country.


“Rather than play the Ostrich, we urge the government to take urgent steps to end the current monetary rascality so as to prevent the prevailing economic challenge from degenerating further.

“We believe it is imperative to approach the Nigerian with all sense of and commitment and not play to the gallery because ultimately time shall be the judge of us all.”

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