Obaseki stands on N60B cash printing claim
Governor Godwin Obaseki of Edo State has fired back at the federal government maintaining his claim that N60 billion was printed to share to states, the Local Government Areas, and the Federal Government
He advised the government to quickly end the current “financial rascality” so as to prevent the economy from further degeneration instead of playing the Ostrich about the parlous state of the nation’s economy.
In a statement he personally endorsed on Thursday in Benin City, he said that his only advice to the Federal Government was to face the reality of the economic situation and take urgent steps to stop the drift and end the “financial rascality”.
“Our advice is that we stop playing the Ostrich. While we do not want to join issues with the Federal Ministry of Finance, we believe it is our duty to offer useful advice for the benefit of our country,” Obaseki reiterated.
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Parts of the statement read: “The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed 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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It would be recalled that the governor had early this week disclosed that at the Federation Account Allocation Committee, FAAC, meeting for March, the Federal Government printed additional N50 to N60 billion to top-up for the states, the Local Government Areas, and the Federal Government to share an allegation the Minister of Finance, Budget and National Planning, Zainab Ahmed, denied that any amount of money was printed and insisted that was shared in the month of March was generated revenue.