He Knows them, Wike Backs Obaseki on Alleged Printing of N60bn

He Knows them, Wike Backs Obaseki on Alleged Printing of N60bn

- Governor Wike has reacted to allegations that more money was printed to bridge allocation to states across the federation

- According to Wike, the initial claims made by his Edo state counterpart, Godwin Obaseki, are not fake

- The Rivers state governor challenged the CBN to respond to allegations of printing N60 billion

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The governor of Rivers state, Nyesom Wike, has backed his Edo state counterpart, Godwin Obaseki, following claims that the Buhari-led government printed an additional N60 billion to support its allocation to states across the federation.

Wike in a statement by Kelvin Ebiri, his special assistant on media, which was shared on his official Facebook page on Sunday, April 18, stated that Obaseki's claims cannot be regarded as bogus.

The Rivers state governor who made the disclosure at the dedication of Senator Rochas Okorocha’s grandson went on to accuse the Central Bank of Nigeria (CBN) of resorting to cheap blackmail instead of responding to the allegations.

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Governor Wike backs Obaseki on alleged printing of N60bn
Governor Wike insists allegations of FG printing N60bn made by Godwin Obaseki are not bogus. Photo credit: @GovernorObaseki
Source: Twitter

Wike alleged that the governor of CBN Godwin Emefiele issued a veiled threat to states to pay back bailout loan given to them by the federal government as a diversion from the subject matter.

According to him, Obaseki knows the antics of the All Progressives Congress (APC) administration and could not have made the statement without facts.

Meanwhile, the governor challenged the apex bank to unequivocally declare if money was printed or not.

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Earlier, Legit.ng reported that the claim that Nigeria printed N50-N60 billion to cushion its financial trouble had been denied by the Central Bank of Nigeria (CBN).

Osita Nwanisobi, the spokesperson of CBN, on Sunday, April 11, said he was not aware of any money printed by the government. He disclosed this while speaking to journalists.

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Similarly, the federal government denied it printed N60 billion to augment March allocation to states as alleged by Obaseki.

The government described the allegation by the governor as untrue and sad. The minister of finance, budget, and national planning, Zainab Ahmed, debunked the claim while answering questions from State House correspondents on Wednesday, April 14.

Ahmed said what the federal government distributed was the revenue generated, adding that the distribution of revenue is public information.

Source: Legit.ng

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