Stop playing the Ostrich, Obaseki fires back at FG over printing of N60billion

Godwin Obaseki, the governor of Edo, has stated that he would not pursue legal action against the federal government over his argument that N60 billion was printed in March to fund state allocation.

Nigeria is in financial difficulty, according to Obaseki, who bemoaned the country’s fiscal situation.

He said the Federal Government printed money to bridge FAAC allocation while speaking at the Edo state transition committee stakeholders engagement over the weekend.

“When we got FAAC for March, the federal government printed additional N50-N60 billion to top-up for us to share,” he had said.

The Federal Government, according to Daily Times on Wednesday, refuted his assertion, dismissing it as false.

Zainab Ahmed, the Minister of Finance, Budget, and National Planning, called Obaseki’s point “sad” because it was “untrue.”

On Thursday, in response to the backlash, Obaseki said on his official Twitter account, “We believe it is our duty to provide useful advice for the good of our country.”

“The Minister of Finance, Budget and National Planning, @ZShamsuna 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.”