The National Economic Council (NEC) has debunked the allegation leveled against the federal government by Edo State governor, Godwin Obaseki on allocation support.
NEC affirmed that there was no printing of N60 billion or any other amount whatsoever to shore up allocation for the month of March.
This was the position of the state governors after a critical review of the claim during the NEC meeting chaired by the Vice President, Yemi Osinbajo(SAN), on Thursday.
They took the decision following presentations from the Minister of Finance, Zainab Ahmed; Governor of the Central Bank of Nigeria, Godwin Emefiele, and Chairman of the Nigerian Governors’ Forum (NGF), Kayode Fayemi.
In their remarks, the minister and the CBN governor informed the Council that the allegation of the printing of money to augment allocation was false.
The NGF chairman also supported the conclusion while NEC affirmed same as the highest constitutional body tasked with economic affairs in the country.
According to a statement by the Vice President’s spokesman, Laolu Akande “The Council expressed satisfaction with clarifications made by the NGF represented by its Chairman, Governor Kayode Fayemi of Ekiti State; Finance Minister, Zainab Ahmed, and the Central Bank Governor, Mr Godwin Emefiele, on the alleged printing of N60 billion by the Federal Government.”
On security, the council unanimously affirmed the unity of Nigeria and said it would adopt the report of the national town hall meeting on National Unity and Security held recently in Kaduna.
Governor Obaseki had alleged the federal on financial rascality, maintaining that it printed 60 billion naira to support allocation in the month of March.