{"id":22689,"date":"2021-04-17T15:06:16","date_gmt":"2021-04-17T14:06:16","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=22689"},"modified":"2021-04-17T15:06:16","modified_gmt":"2021-04-17T14:06:16","slug":"money-printing-saga-apc-governors-react-to-obasekis-claim","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2021\/04\/17\/money-printing-saga-apc-governors-react-to-obasekis-claim\/","title":{"rendered":"Money printing saga: APC governors react to Obaseki’s claim"},"content":{"rendered":"

A group of governors elected on the platform of the All Progressives Congress (APC), the Progressive Governors’ Forum has countered a claim that the federal government printed N60 billion as part of federal allocation for March.<\/p>\n

Recall that the governor of Edo state, Godwin Obaseki at the Edo transition committee stakeholders engagement last week had stated that Nigeria is in huge financial trouble<\/a><\/strong> and N60 billion was printed by the federal government.<\/p>\n

\u201cWhen we got FAAC for March, the federal government printed additional N50-N60 billion to top-up for us to share,\u201d he had said.<\/p>\n

Countering Obaseki’s claims via a statement signed by the governor of Kebbi state, Abubakar Atiku Bagudu on Friday, the forum said\u00a0Obaseki\u2019s claim did not reflect the true positions of things.<\/p>\n

\u201cAs a trained economist who has been a governor since 2016, Mr. Obaseki is aware of all the support states have received from President Buhari in coping with the shocks that have resulted from the COVID-19 pandemic<\/a> and resulting economic recession,\u201d the forum said.<\/p>\n

\u201cNot only have we received budget support, bail out support to meet salary obligations and infrastructure refunds to all states, this was implemented in the overall public interest without discrimination on the basis of party affiliation.<\/p>\n

\u201cThis unfortunate and inaccurate assertion by Governor Obaseki becomes even more worrisome when juxtaposed with the official statement released after the meeting of PDP Governors last week, calling for restructuring and greater devolution of powers to the states.<\/p>\n

\u201cIt would appear that matters that require the collective resolve of all leaders are now being turned into purely partisan, point scoring claims.<\/p>\n

\u201cGiven the constraints faced by the Nigerian economy, the Central Bank of Nigeria had responded commendably well while still working hard on exchange and interest rates.<\/p>\n

\u201cWe urge the Governor, management and staff not be distracted.\u201d<\/p>\n

The PGF urged state governors to work collaboratively in tackling the economic challenges present in Nigeria \u201crather than resort to cheap and demagogic point scoring in our quest to rescue the economy.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

A group of governors elected on the platform of the All Progressives Congress (APC), the Progressive Governors’ Forum has countered a claim that the federal government printed N60 billion as part of federal allocation for March. Recall that the governor of Edo state, Godwin Obaseki at the Edo transition committee stakeholders engagement last week had […]<\/p>\n","protected":false},"author":17,"featured_media":22691,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_override_counter":[],"footnotes":""},"categories":[2],"tags":[15,3258,2947,5824,5352],"class_list":["post-22689","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-all-progressives-congress","tag-covid-19-pandemic","tag-godwin-obaseki","tag-n60-billion-printed-money","tag-progressive-governors-forum"],"yoast_head":"\nMoney printing saga: APC governors react to Obaseki's claim<\/title>\n<meta name=\"description\" content=\"A group of governors elected on the platform of the All Progressives Congress (APC), the 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