OrderPaperToday – Godwin Obaseki, the Edo state Governor has reiterated his claim that N60 billion was printed in March by the Federal Government to support its monthly allocation to the Federation Accounts Allocation Committee (FAAC).

The Governor made this revelation at the Edo state transition committee stakeholders engagement over the weekend.

Obaseki had bemoaned the fiscal state of the nation and the rising debt profile stating that Nigeria is in financial trouble.

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

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

Reacting to the Finance Minister counter-reaction on Thursday, Governor Godwin 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, 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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