By Mike ALADENIKA.
Edo state governor, Mr Godwin OBASEKI has challenged the federal government to be more open with it's financial operations and avoid undue rascality.
Governor Obaseki who stated this to further butress his stand on the alleged printing of N60 billion Naira
accused the Federal Government of “monetary rascality’, also tackled the finance minister for “playing the ostrich”.
Governor Obaseki who said this while reacting to the denial by the finance Minister, Zainab that his claim on FG’s printing of N60bn was “untrue”tweeted in “ his handle that "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.
When we got FAAC for March, the Federal Government printed additional N50-N60 billion to top-up for us to share.
“This April, we will go to Abuja and share. By the end of this year, our total borrowings are going to be within N15-N16 trillion,” Obaseki had lamented over the weekend.
While answering questions from State House correspondents on Wednesday, the minister had said Obaseki’s claim was not factual.
Ahmed said, “The issue that was raised by the Edo State Governor, for me, is very sad because it is not a fact.
“What we distributed at FAAC is revenue that is generated and in fact, distribution revenue is a piece of public information.
“We publish revenue generated by FIRS, the Customs, and the NNPC which we distributed at FAAC.
“So, it is not true to say we printed money to distribute at FAAC. It is not true.”
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