October 4, 2023

Obaseki lamented on the fiscal state of the nation, claiming Nigeria is in financial trouble.

Speaking at the Edo state transition committee stakeholders engagement over the weekend, he insisted that the Federal Government printed money to bridge FAAC allocation.

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

While reacting to Obaseki’s allegation, Minister of Finance, Budget and National Planning, Zainab Ahmed, stated that Obaseki’s claim was very sad because it was untrue.

Reacting to the counter-reaction, Obaseki, through his official Twitter handle, said: “We believe it is our duty to offer useful advice for the benefit of our country.

“The Minister of Finance, Budget and National Planning, @ZShamsuna 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.”

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