The spokesman of the Central Bank of Nigeria (CBN) Osita Nwanisobi has said that he was not aware that the CBN printed N60billion for the Federal Government of Nigeria.

“I am not aware of that (N60bn printed by the government,” Nwanisobi stated.

In the same vein, the Federal Ministry of Finance, Budget, and National Planning said questions on the matter should be directed to Governor Obaseki.

The media aide to the finance minister, Yunusa Abdullahi, said “Please direct your questions to the governor who made the claim or the CBN.”

They were reacting to allegations made by the Edo State Governor, Godwin Obaseki, that Nigeria printed N60bn to augment what the three tiers of government shared in March.

“When we got FAAC for March, the federal government printed additional N50-N60 billion to top-up for us to share,” Obaseki had said.

“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. Imagine a family that is just borrowing without any means to pay back and nobody is looking at that, everybody is looking at 2023, everybody is blaming Mr. President as if he is a magician.”

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