…Adds govt aims to triple revenue ration to 15% of GDP
…NGF deliberately mute on the issue of printing money FAYEMI
By Johnbosco Agbakwuru & Prince Okafor
Controversy over claims by Edo State Governor, Godwin Obaseki, that the Federal Government printed N60 billion to augment March allocation from the federation account, took a different dimension yesterday, as the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, revealed that governors actually wanted to borrow money from the Central Bank of Nigeria, CBN, for the shortfall, saying government turned down the request.
Governor Obaseki had said two weeks ago: ”When we got FAAC for March, the federal government printed additional N50-N60 billion to top-up for us to share.
FG admits revenues crashing, says Nigeria faces hard times
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FG admits revenues crashing, says Nigeria faces hard times
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One hundred minutes before Obasanjo | Tribune Online
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One Hundred Minutes Before Obasanjo, By Festus Adedayo
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