Edo Governor Godwin Obaseki has insisted that the Federal Government pprinted #60 billion in March to support allocation to states, despite the denial by the Minister of Finance, Budget and National Planning, Zainab Ahmed
While speaking at the Edo state transition committee stakeholders engagement over the weekend, Obaseki claimed the Federal Government printed money to bridge FAAC allocation.
He blamed the fiscal state of the nation for the action, stating Nigeria is in financial trouble.
“When we got FAAC for March, the federal government printed additional N50-N60 billion to top-up for us to share,” he had said.
The Federal Government however on Wednesday dismissed his claims as untrue.
The Minister of Finance, Budget and National Planning, Zainab Ahmed, said Obaseki’s claim was very sad because it was “untrue”.
But the governor maintained that the Federal Government was economical with the truth. 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 rally 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 project with all sense of responsibility and commitment and not play to the gallery because ultimately time shall be the judge of us all.”
