CBN N60b print: Group blasts Edo state governor for misleading Nigerians

Date:

By Albert Akota

 

The zonal and national executives of the Coalition of Civil Society Group have frowned at Governor of Edo State Godwin Obaseki for misleading Nigerians over the alleged  print of 60 billion Naria.

Disclosing this at press conference yesterday in Abuja to correct the falsehood regarding the printing of Sixty Billion Naira, President of the group, Bassey Etuk Williams  said Obasek should be in better position to understand economy and governance.

According to Etuk, the group have watched with keen interest overtime and won’t be doing justice to the entire nation should they not make effort to disabuse the minds of citizens on the falsehood been peddled around by some individuals for political gains.

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“The issues raised by Gov. Obaseki and others; alleging that N60 Billion was printed by CBN and the Federal Government was to augment the March, 2021 FAAC allocation but orchestrated by enemies of Government just to whittle down the confidence Nigerians have in the government and her effort to invigorate the economy”,

“Reports made available to us reveals that going by the money FAAC share, the funds are monies generated and domiciled in the federation account, and is usually shared to the states every month.

There was no evidence that the March allocation was borrowed which contradicts the claims of those saying March allocation money was printed, “ he noted.

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