Ministry Of Finance Rejects Allegation Nigeria Printed N60bn As CBN Claims It’s Not Aware

0
297
Ministry Of Finance Rejects Allegation Nigeria Printed N60bn As CBN Claims It's Not Aware

The Central Bank of Nigeria has denied knowledge of claim by the Edo State governor that Nigeria printed billions of naira last month to cushion its financial woes.

Governor Godwin Obaseki, on Thursday, alleged that Nigeria printed N60bn to augment what the three tiers of government shared in March.

The Edo governor also expressed worry over the country’s increased borrowing, saying it was wrong to continue borrowing without a tangible plan for debt repayment.

Speaking with PUNCH, the CBN spokesperson, Osita Nwanisobi, said;

“I am not aware of that (N60bn printed by government,” he told our correspondent on Saturday.

Similarly, when contacted to speak on the N60bn that was allegedly printed in March 2021, the Federal Ministry of Finance, Budget and National Planning said enquiries on the matter should be directed to the governor who made the allegation.

The media aide to the finance minister, Yunusa Abdullahi, said the Edo State governor or the CBN should be contacted.

“Please direct your questions to the governor who made the claim or the CBN,” he told our correspondent.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.