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N60bn printing: PDP, APC govs tango over Obaseki

The Minister of Finance, Zainab Ahmed, had dismissed Obaseki’s claim, but the governor of the Central Bank of Nigeria, Godwin Emefiele, had hinted that the money could have been printed to support the economy In a statement yesterday, Kebbi State Governor and chairman of the Progressives Governors Forum, Atiku Bagudu, said Obaseki’s claim did not reflect the true position of things. “Given the significance of the statement from a sitting governor and the possible negative impact it has brought to the credibility of both the federal and state governments in managing government finances, the forum is obliged to put a statement out.

ALLEGED PRINTING OF N60BN: APC, PDP govs at war over Obaseki s claims

ALLEGED PRINTING OF N60BN: APC, PDP govs at war over Obaseki s claims
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N60 billion mint: APC governors disown Godwin Obaseki

N60 billion mint: APC governors disown Godwin Obaseki
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Currency Printing: Progressive Governors Disown Obaseki

Charles Ajunwa The Progressive Governors’ Forum (PGF) yesterday debunked claims by Governor Godwin Obaseki of Edo State that the federal government printed between N50 billion – N60 billion to bridge the shortfall in the distribution of federation revenues to the three tiers of government in March 2021, saying that the claims did not reflect the true position of things. The Forum, in a statement signed by its Chairman, Governor Abubakar Atiku Bagudu of Kebbi State, said at first, the impression it got was that it was an off the cuff remark made in a private meeting, but “we were however shocked to see yet another response from our colleague to the rebuttal by the HM Finance insisting that the March 2021 FAAC was augmented via the printing of money.

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