NIGERIA’S ECONOMIC COUNCIL REFUTES OBASEKI’S CLAIM

Written by on April 23, 2021

THE HIGHEST CONSTITUTIONAL BODY TASKED WITH ECONOMIC AFFAIRS IN THE COUNTRY, NIGERIA’S NATIONAL ECONOMIC COUNCIL (NEC) HAS REFUTED CLAIMS BY EDO STATE GOVERNOR GODWIN OBASEKI THAT THE FEDERAL GOVERNMENT PRINTED MONEY TO SUPPORT ALLOCATIONS TO STATES IN MARCH.

A STATEMENT BY LAOLU AKANDE, A SPOKESMAN TO THE COUNTRY’S VICE-PRESIDENT YEMI OSINBAJO SAID THE COUNCIL AFFIRMED THIS POSITION IN A MEETING, AFTER RECEIVING PRESENTATIONS FROM THE MINISTER OF FINANCE, THE CENTRAL BANK GOVERNOR, AND THE NIGERIAN GOVERNORS’ FORUM (NGF),

THE NATIONAL ECONOMIC COUNCIL (NEC) AFFIRMED THAT THERE WAS NO PRINTING OF N60 BILLION OR ANY OTHER AMOUNT WHATSOEVER TO SHORE UP ALLOCATION FOR THE MONTH OF MARCH AS WRONGLY INSINUATED RECENTLY IN THE PRESS.

THE NEC ALSO EXPRESSED SATISFACTION WITH CLARIFICATIONS MADE BY THE NGF REPRESENTED BY ITS CHAIRMAN, GOVERNOR KAYODE FAYEMI OF EKITI STATE, FINANCE MINISTER, HAJIYA ZAINAB AHMED AND THE CENTRAL BANK GOVERNOR, GODWIN EMEFIELE ON THE ALLEGED PRINTING OF N60 BILLION BY THE FEDERAL GOVERNMENT.

THEY FURTHER STATED THAT THE ALLEGATION OF THE PRINTING OF MONEY TO AUGMENT ALLOCATION WAS OUTRIGHTLY FALSE.

 


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