Nyesom Wike, governor of Rivers,
has backed the claim by his Edo state counterpart, Godwin Obaseki, that N60
billion was printed by the Central Bank of Nigeria (CBN) to fund the
government.
Last week, Obaseki had said
Nigeria is in huge financial trouble, adding that the federal government
printed N60 billion as part of federal allocation for March.
The claim has been generating
varied reactions including from Godwin Emefiele, CBN governor, who said the
money was meant as a loan from the apex bank.
Speaking with journalists in
Abuja on Sunday, Wike said the allegation by Obaseki cannot be regarded as
spurious.
“Obaseki was in APC, so he understands them.
So, Obaseki couldn’t have come from the blues to say they printed N60 billion.
He knows them,” Wike said.
“Instead of answering the
question, he (Emefiele) said governors have to pay back the bailout loan. Bailout
is a loan, if you want to take it, go and take it. But answer the question
whether money was printed or not printed.”
Zainab Ahmed, minister of
finance, budget and national planning, had described the claim by Obaseki as
false, saying Nigeria’s debt is still within sustainable limit and efforts are
on to improve the revenue generation capacity.
However, Obaseki stood his ground
and asked the federal government to end the current monetary rascality and stop
“playing the ostrich” to prevent the economy from further degenerating.
Click to signup for FREE news updates, latest information and hottest gists everyday
Advertise on NigerianEye.com to reach thousands of our daily users
No comments
Post a Comment
Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)
Advert Enquires - Reach out to us at NigerianEye@gmail.com