Obaseki’s Claim On Printing Of N60bn Is Untrue, Says Finance Minister

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The Minister of Finance, Budget, and National Planning Zainab Ahmed has debunked claims by Edo State Governor, Godwin Obaseki that the Central Bank of Nigeria printed an additional N50billion to N60billion to make up for state allocations. The Minister said this on Wednesday at a briefing after the 41st virtual Federal Executive Council meeting … Continue reading Obaseki’s Claim On Printing Of N60bn Is Untrue, Says Finance Minister

The Minister of Finance, Budget, and National Planning Zainab Ahmed has debunked claims by Edo State Governor, Godwin Obaseki that the Central Bank of Nigeria printed an additional N50billion to N60billion to make up for state allocations.

“What we distribute at FAAC is revenue that is generated and in fact, distribution revenue is public information. We publish revenue generated by FIRS, the Customs, and the NNPC and we distribute at FAAC.On the question of Nigeria’s debt profile pegged at N15-16 trillion, the Finance Minister insists that the nation’s debt profile is still at sustainable limits.

 

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Na when they turn on your mic.

It's very obvious u people are looting this country like never b4. FreeKogi2 HarassBuhariOutOfLondon BuhariMustGo EndSARS

What's ever true in this country where we av bunch of disaster political office holders. The Army denied sendimg soldiers to quell peaceful protest in Lekki during EndSARS but later changed d tune. They are comfortable in telling lies !

GovernorObaseki over to you, CBN Governor

There we go again!

It's true, it's not new as it's been your financial policy for the past 3 years now, that's part of the reasons why we can't get out of this economic mess.

Na una sabi

Before Ñko, I didn't expect you to tell me the truth because that will never come

Is their ever anything that is even true in this government? Obaseki said he also go to collect the printed money Hope you all are ready to dance too the music after 2023

Damage control

Thats why benin vote in GovernorObaseki becos dey need the truth, if una say na lie, We say na truth and we go follow who we vote becos federal government wan finish dis country 😂😂😂😂

Liars, FinMinNigeria

As long as there is no tax system reformation to be treasury’s primary funding, the FG will continue to manipulate the exchange rate to boost IGR. Naira will forever lose its value unless tax revenues go up. Using the exchange rate to balance the budget is what is stunting growth

If federal government of Nigeria denies something just know it’s true 🙃

As if you are in charge, if not to come to media to say what you are instructed to say as 'ceremonial minister of finance'. Go one side please, let's see road.

honourable minister,i dont believe you.we re in the month of ramadan

Government will always deny every accusations, I don't like plenty argument, anyone I first hear, its the truth if not where una dey see all this money, dey money no dey finish?🙂🙂

Okay, if 60Billion is untrue, how much was printed? Jokers!

Lol !!!

If that has been done inflation would have been more than this

Honourable Minister can you please off your mic.

Every word that comes out of your mouth is a lie. I would rather believe the devil's words than yours.

Any thing that proceeds from the mouth of Buhari & Osinbajo ministers are false.

Obaseki can't just open mouth and Start saying such ..there's something they are not telling us in this country

Liar

We Africans are economically clueless ,this is the end result of following the western economic policies rather than creating an Africa economic ideology ,we are arguing about money printing when America and China consider it a normal economic strategy

Obaseki couldn't have lied.The minister will always say so.

I guess this one is not even aware.... who dey run Nigeria self.

Trying to put inflation on check.

If it is true will u come out and talk true, its your style we hv known u people

Denial is all l have been expecting. Now l got it in full.

Actually she is right. Its impossible to print currency. The actual word to use is Mint. They minted N60bn not printed N60bn. I hope that clarifies. 😁😁😁

So, what will be the implications of such lies, if the denial is anything to hold on to?

This lady is very pretty, with sexy soft lips., I'm crushing on her but I don't like how she talks sometimes,her ministry could legally make obaseki provide proof of claims b4 debunking because it's a terrifying comment he made and it's worth investigating

Who is our finance minister?

Ever since I've come in contact with this finance minister,, she's just good in telling lies.. The only woman who said how the government fed the students with palliatives while they're at home with their various families....

Coming pretty late... His Excellency Obaseki and your Hon. Min are members of the economic team. Then, who is deceiving Nigerians?

Even if it's true una go gree talk am

In MBuhari regime, Truths are lies, Lies are Truths. But with all their own Truths, the country is getting backwards everyday. With no solution in sight. But Can GovernorObaseki, a sitting Governor be lying?

2)....chain. Probe the alarm of GovernorObaseki with independent organisations. No smoke without fire 🔥.

Why did it take you time to respond. If it is not true then you have allowed the misinformation to foster.

There must be an atom of truth in what Gov Obaseki said. The only word I can trust in this APC Buhari led government is good morning and I will have to check that good morning because they can greet good morning in the afternoon. They promised us change but we are seeing.......

Really?

Who we go believe

There is nothing you will agree for once.

Lairs

You people have destroy the economy

You are the liar

Never believe a rumor until the government denies it - Raymond Reddington

If it was true,would you say ?

Useless minister of borrowing and tax increase

Even her own face seems dishonest

Is what anybody can accept? EVEN at true point so embarrassing. The simple meaning is that they have kill naira

This is the introduction to the movie 'Money Printing, Yes or No' - just seat and wait.

Where dis appear from?

For FG govt to denied this act it means they print money always secretly... APC pack and go, leave Nigeria for good, APC has failed Nigerians woefully...buharimustgo

4 her to have taken dis long 2 respond I come check Google map weda my current location na🇳🇬 n same time zone as wel. We'd rather believe Oba than u

We know your style😂😃Park well Minister

Thats what u ar all hired to do to clean up the mess of grown man PMB

Anything wey Buhari people deny na true.

I would rather believed Obaseki than believe you, madam finance

When they came out to deny it then you know it's true

We believed Obaseki 100%

They had time to think of a lie before refuting the claims made by Obaseki.

That is what it will come to, DENIAL. Can someone invoke the FOI law, we need to know who is lying.

Minister of pallatives wey we no see.

Hmmm... Thanks for the clarification honorable minister of finance... . Would be nice to probe GovernorObaseki further though. Why would he make such a statement without substantial facts?

It's clear that anything they deny is absolutely TRUE. Don't break!

Nigeria needs fresh air from old analog brain whose interest is centered on money ..No one is talking about putting the country in the stream of competition to other advanced countries..SHAME

Like you would say he was saying the truth before 😂😂😂 Na mumu una like 🤷‍♂️

Did you just hear about it today ? Or you were waiting to consult to know how to lie about it ? Liars

Yet, no journalist in the audience could muster the courage to ask for details of the revenue generated by FIRS, NNPC and Customs and to compare it with what was distributed by government in March! Brown envelope journalists.

Kindly tell us the truth Ma

Okay, our imaginary Finance Minister has woken up from hibernation!

How can they say someone who benefited from the printed fund is lying?

Okay

How is it a lie madam? U people don't have policy

The only reason I believe it is cause the govt denied it.

Finance minister that comes out once in purple moon like a revered masquerade.

After spiritual 1 weeks days of silence. Even Oga here is dumbfounded..

If his claim isn't true sue him to court

Lori iro... Why is ur defense coming very late? It means d governor was very right

Will ever accept, madam minister, una wan kill this kwantry

People dey chop money for this country. Chai!

What took them so long to reply 🙄🙄

Confused set of people!!!

Of course you will deny it because you are a criminal... Thief

This is the most clueless minister of them all

It definitely can’t be true,money printed will be tantamount with economic practical value as it requires by monetary economics.

There's no smoke without fire...

the same way HQNigerianArmy denied shooting at Lekki

Minister of loan and expenditure. The last time we had Minister of finance was in 2015

You're debunking his statement after how many days? This shows the level of incompetency we experience. We all need to wake up as a nation. Employ professionals not your friends/families. Nigeria is not a family business.

Open Letter to President of Nigeria 🇳🇬 MBuhari retweet till it gets to him and all his followers, more letters will come, stay tuned...

What’s the truth Na madam?

What if it’s true, will you have come to terms!

When the minister says it is a lie, the onus to proof lies with Obaseki. It is now a case of say a lie now to appear popular and apologise after. Unfortunately he is gov, he can't be sued. He should have come with proofs.

Either ways the economy is still fxcked🤧🤧

Everything they denied!

See this woman with lies

Are u normal? Is your head pepper you?

Shoni CC ?

All the while, you were being groomed on how to deny that revelation, ọ kwịa?

Nothing is ever true to this government. It is only what Lai Lai Mohammed says that is true

I don't blame this woman. She's only does what Buhari asks her to do. The problem is that Buhari is minus zero level in economics. And we know that the blind man, in spite of his good will and determination, cannot lead the blind.

Nothing to hide. We go see new notes that carries recent months. So save your denial. We go know soon.

They are now lying to them selves, after lying to the citizens.

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