Edo Governor Godwin Obaseki has faulted the Minister of Finance, Budget, and National Planning, Zainab Ahmed, and accused the Federal Government of ‘monetary rascality’, also tackled the finance minister for ‘playing the Ostrich’.
The governor had said Nigeria is in huge financial trouble as the federal government alleging printed about N60 billion to support the federal allocation for March.
However, the minister of finance, budget, and national planning, dismissed the claim as false adding that there was no way the government would have printed money without public knowledge since the distribution of revenues is public information.
In a series of tweet, Obaseki on Thursday said he does not want to join issues with the finance ministry.
He advised the government to “end the current monetary rascality” so as to prevent the economy from further degenerating.
“While we do not want to join issues with the Federal Ministry of Finance, we believe it is our duty to offer useful advice for the benefit of our country.
“The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, 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.”
Obaseki was last week quoted as raising the alarm over Nigeria’s financial position which he said made the CBN print about N60billion to augment allocation shared by states in March.