By AdvocateNews on 12/04/2021
Views: 948
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...

Keyamo denies collecting money from NNPC for Buhari’s...
_9_150x150.jpg)
Army warns saboteurs of war against terrorism

REPORT CARD: Presidency lists Buhari’s achievements in six...

2023: Nigeria will have two Presidents if north...

Israel cancels controversial plan to deport African migrants...

How CBN can boost production and investment, by...
_12_150x150.jpeg)
Donald Trump has become the third United States...

Osun rerun: Anti-Buhari coalition accuses INEC of releasing...

Nigeria records 56 deaths, 11,483 COVID-19 cases in...

House of Reps member, Ja’afaru Illiyasu, is dead...

Nigeria confirms 91 new coronavirus cases total now...

Bandits kill two more Greenfield University students