By AdvocateNews on 12/04/2021
Views: 359
The Central Bank of Nigeria had denied knowledge of claim that Nigeria printed billions of naira last month to cushion its financial trouble.
This was after the Edo State Governor, Godwin Obaseki, alleged that Nigeria printed N60bn to augment what the three tiers of government shared in March.
Obaseki reportedly stated on Thursday that Nigeria was in huge financial trouble, alleging that the Federal Government printed N60bn in March as part of federal allocation last month.
The Edo governor also expressed worry over the country’s increased borrowing, saying it was wrong to continue borrowing without a tangible plan for debt repayment.
When contacted to comment on the development, the spokesperson of CBN, Osita Nwanisobi, told one of our correspondents that he was not aware of any N60bn that was printed.
“I am not aware of that (N60bn printed by government,” he told our correspondent on Saturday.
Similarly, when contacted to speak on the N60bn that was allegedly printed in March 2021, the Federal Ministry of Finance, Budget and National Planning said enquiries on the matter should be directed to the governor who made the allegation.
The media aide to the finance minister, Yunusa Abdullahi, said the Edo State governor or the CBN should be contacted.
“Please direct your questions to the governor who made the claim or the CBN,” he told our correspondent.
Posted 12/04/2021 11:26:50 AM
You may also like...
Banditry, kidnappings: Nigerians have lost faith in Buhari...
_150x150.jpg)
'It is wrong to relax the lockdown because...
PDP S-East elects leaders, Ali Odefa emerges National...
_22_150x150.jpeg)
Kidnappers take seven in Kaduna, in fresh strike...
Military will soon crush criminals in South-East –Presidency...
Why Fashola must resign now —Northern Elders Forum...
Man U qualify for Europa League quarter-final
_61_150x150.jpeg)
Vote out Bello, Igala group tells kinsmen
Governor AbdulRazaq congratulates GOCOP on third annual conference...
Ghana shuts parliament after 168 lawmakers, officials contract...
Boko Haram kills eight children, six others in...
SEEDS OF DESTINY MARCH 21, 2021: THE RIGHT...
Nigeria Middle Belters defined ahead of restructuring plans
Asaba Declaration: Southern govs resist Senate’s anti-restructuring stance,
Policeman gets N100,000 reward for returning accident victim’s N1.2m
El-Rufai condoles families of victims of recent banditry attacks across five LGAs
‘Police is not Nigeria’s problem’ - Dickson 
Senator raises alarm over ‘rampant corruption in Armed Forces’, demands probe
‘I’m prepared to die’ – Alleged killer of Iniubong Umoren
IPOB: Panic in S’East, S’South over military clampdown, Ohanaeze, others warn FG
Ebonyi Commissioner for Housing and Urban Development is dead
THE SEEDS OF DESTINY 15 MAY 2021 - THE COVENANT OF SERVICE
Army threatens to punish personnel who engage authorities on social media
Nigeria’s economy will shut down in 32 weeks – Primate Ayodele warns Buhari.jpg)
I’ve no Coronavirus, govt wants to kill me – Anambra Index case (99,150 views)
Fleeing ex-DG Imo Broadcasting Corporation who stabbed wife to death arrested (87,992 views)
Sickle cell support group seeks government intervention (86,625 views)
Ebonyi bans embalming of corpses in homes (86,625 views)
FG sends new directive to banks, schools as Buhari extends lockdown by four weeks (86,625 views)
Ugwuanyi commends FG’s siting of ICT University in Enugu (86,623 views)
Ex-Heads of State will protect Jonathan from persecution —Kukah (86,605 views)
Full Text of Governor Ifeanyi Ugwuanyi’s 2016 Budget Speech (86,442 views)
HUSHPUPPI: CRIMINALS HAVE NO TRIBE. THEY SHAME ALL OF US... (84,953 views)
ASUU strike: Senate intervention ends in deadlock (83,864 views)
All you need to know about Peter Obi, PDP VP Candidate (69,248 views)_22.jpeg)
DEMOCRACY DAY: President Muhammadu Buhari’s full speech (67,161 views)
