Governor Godwin Obaseki of Edo State has insisted the Federal Government printed N60 billion in March to support allocation to the states even as he says to the Minister of Finance, Budget, and National Planning, Zainab Ahmed, to stop “playing the ostrich.”
Ahmed had denied an earlier claim by Obaseki that the Federal Government printed the amount for the states to share. She had described it as untrue.
“What we distribute at FAAC is a revenue that is generated and in fact, distribution revenue is a public information.
“We publish revenue generated by FIRS, the Customs and the NNPC and we distribute at FAAC.
“So, it is not true to say we printed money to distribute at FAAC. It is not true.”
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Reacting to the minister’s denial, Obaseki in a series of tweets, said, “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.
“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.”
