Obaseki’s ₦60bn Claim Can’t Be Misleading, Says Wike

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Rivers State Governor, Nyesom Wike has said that the claim by his Edo State counterpart, Godwin Obaseki, that ₦60 billion was printed by the Central Bank of Nigeria (CBN) to fund the government should not be ignored, noting it cannot be misleading. Obaseki had on April 7 raised an alarm over the country’s rising … Continue reading Obaseki’s ₦60bn Claim Can’t Be Misleading, Says Wike

A photo combination showing Edo State Governor, Godwin Obaseki and his Rivers State counterpart, Nyesom Wike.Rivers State Governor, Nyesom Wike has said that the claim by his Edo State counterpart, Godwin Obaseki, that ₦60 billion was printed by the Central Bank of Nigeria to fund the government should not be ignored, noting it cannot be misleading.over the country’s rising debt profile, saying the situation is more critical now because of the huge amount borrowed to service the ailing economy.

The claim has been generating various reactions from Nigerians, the Central Bank of Nigeria, the Minister of Finance, Zainab Ahmed among several others.But Wike, according to a statement issued by his spokesman, Kelvin Ebiri, challenged the CBN to unequivocally declare if money was printed or not. “Instead of answering the question, he said governors have to pay back the bailout loan. The bailout is a loan, if you want to take it, go and take it. But answer the question whether money was printed or not printed.”

 

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