N60bn Printing: Coalition Berates Obaseki Over Claim, Passes Confidence Vote On CBN

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BY OUR CORRESPONDENT | The Coalition of Civil Society Group (CCSG) has condemned claim by the Governor of Edo State, Godwin Obaseki, over alleged printing

The Coalition of Civil Society Group has condemned claim by the Governor of Edo State, Godwin Obaseki, over alleged printing of N60billion by the Central Bank of Nigeria for March allocation to States.

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

“We further discovered that all the states owe the CBN. These monies are bailout funds given to them to cushion the effects of the difficulties experienced by the governors in their bid to deliver on good governance. Meanwhile, the group also urged Nigerians to jettison claims against the CBN governor, Godwin Emefiele, saying, “we humbly call on all Nigerians to support the effort of the government, and in particular the CBN governor.

“We salute the courage of the CBN Governor for rising to the occasion and quickly correcting the wrong notion been expressed by nay sayers. “Governor Emefiele has also backed up his pledge to facilitate job creation with the creation of the Creative Industry Financing Initiative , which is being implemented in collaboration with the Bankers’ Committee.

 

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