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It Hasn’t Gotten To Our Notice – Governor Of CBN, Godwin Emefiele Reacts To Reports Of Edo State Government Printing And Disbursing N60 Million To States
It Hasn’t Gotten To Our Notice – Governor Of CBN, Godwin Emefiele Reacts To Reports Of Edo State Government Printing And Disbursing N60 Million To States

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The Apex Bank of Nigeria alongside the Federal Ministry of Finance, Budget, and National Planning have stated that it hasn’t gotten to their notice, the alleged N50-N60 billion Edo state governor, Godwin Obaseki, is said to be printing and disbursing to states to cushion the economic meltdown in the states.

Governor Godwin Obaseki during a meeting in Edo last week, had alleged that the Federal government printed between N50-N60bn to augment what the three tiers of government shared back in March.

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

This April, we will go to Abuja and share. By the end of this year, our total borrowings is going to be within N15-N16 trillion. Imagine a family that is just borrowing without any means to pay back and nobody is looking at that, everybody is looking at 2023, everybody is blaming Mr. President as if he is a magician” he said

Nevertheless, speaking during an interview with newsmen over the weekend, the spokesperson of CBN, Osita Nwanisobi, said he is not aware of any money printed.

“I am not aware of that (N60bn printed by the government,” Nwanisobi stated.

Also when contacted for his comments, Yunusa Abdullahi, the media aide to the Minister of Finance, Zainab Ahmed, asked that such questions should be directed to the CBN or the governor who made the claim.

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