Edo state governor, Godwin Obaseki has insisted on his claim that the Federal Government prints money to be shared between the states after it runs out of cash.
The governor said he would however not join issues with the federal government through the Minister of Finance, Budget and National Planning, Zainab Ahmed over his claim that N60billion was printed in March to support allocation to states.
He was speaking at the Edo State Transition Committee stakeholders engagement when he claimed the Federal Government printed money to bridge FAAC allocation.
“When we got FAAC for March, the federal government printed additional N50-N60 billion to top-up for us to share,” he said.
But the Minister of Finance, Budget and National Planning had dismissed the governors claim, describing it as untrue.
But in a 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 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.”
Leave a Reply