CBN Didn’t Print N60bn In March, NEC Insists

  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 77%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

By Jonathan Nda- Isaiah | The National Economic Council (NEC) has affirmed that there was no printing of N60 billion or any other amount whatsoever to

The National Economic Council has 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.

However, according to a statement by the spokesman of the Vice President, Laolu Akande, NEC reached the decision having received presentations from the Minister of Finance, the Central Bank Governor, and the Nigerian Governors’ Forum , He said the Council 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, Mr Godwin Emefiele on the alleged printing of N60 billion by the Federal Government.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

And who is fooling who,to hell with you all

No amount of lies can change our belief.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

JUST-IN: CBN Didn’t Print N60bn In March, Says NECBy Jonathan Nda-Isaiah The National Economic Council (NEC) has confirmed that there was no printing of N60 billion by the Central Bank of Nigeria
Source: LeadershipNGA - 🏆 4. / 77 Read more »

N60bn Printing: Coalition Berates Obaseki Over Claim, Passes Confidence Vote On CBNBY OUR CORRESPONDENT | The Coalition of Civil Society Group (CCSG) has condemned claim by the Governor of Edo State, Godwin Obaseki, over alleged printing Thats Nigeria, moro^s will rise in defense Mouth piece
Source: LeadershipNGA - 🏆 4. / 77 Read more »

Should the CBN Print Money To Finance Fiscal Deficits?, By Nasiru AminuSince inflation will be one of the consequences of printing more money, it means that the naira will be further weakened. No. But printing money isn't a bad idea. Breaking News: Tension in Aso rock as Mazi Nnamdi Kanu will be on air tomorrow being the 5th of May 2021. 7pm Biafran time. DSS has haired Russians scientist to attack the frequency but Biafra scientist's are equal to the tax ahead is gona be hot. On whose authority was the 60 billion printed, don’t come asking for permission from anyone it what you have been doing
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Should the CBN print money to finance fiscal deficits? - By: . .NO Dem dey craze? Who even ask this kind question? We are already 500year's backwards and y'all trying to extend it by a thousand. More money in circulation more inflation. These people don't even understand basic economics... The same way they printed 60B last month to finance that monthly federal allocation.Our GDP is terribly low,we produce next to nothing and we just want to keep printing..
Source: Daily Trust - 🏆 13. / 51 Read more »

CBN extends deadline for dollar for naira promoThis move is expected to further boost the country’s foreign reserve and increase dollar circulation...................................... 🤣 When the central bank of a country resorts to promo... Na them go tire
Source: PremiumTimesng - 🏆 3. / 78 Read more »