• News - South South - Edo
  • Updated: April 15, 2021

Obaseki Counters FG, Insists N60 Billion Was Printed To Support States Allocation

The Governor of Edo State, Godwin Obaseki, on Thursday, said he would not shift grounds with the Federal Government over his claim that N60 billion was printed in March to support allocation to states.

Last weekend, the Edo Governor lamented the fiscal state of Nigeria, saying that the country is in financial trouble.

He made the claim while speaking at the Edo state transition committee stakeholders’ engagement, alleging that the Federal Government printed money to bridge the gap in the FAAC allocation.

“When we got FAAC for March, the federal government printed additional N50-N60 billion to top-up for us to share,” he had said.

READ ALSO: Obaseki's Claims Of FG Printing N60 Billion To Top-Up Federal Allocation Is A Lie – Minister

All News Nigeria reported that the Federal Government on Wednesday faulted the claim of the Governor, dismissing it as untrue.

The Minister of Finance, Budget and National Planning, Zainab Ahmed, said Governor Obaseki’s claim was very sad because it was “untrue”.

In his reaction to the FG’s counter-reaction on Thursday, Obaseki, through his verified 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.”

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Bada Yusuf Amoo
Bada Yusuf Amoo

Bada's writings focus on government policies, general news, and politics. He is a prolific write...

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