Tag: Obaseki
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VIDEO: ‘Printing money is lending money’, Emefiele confirms Obaseki’s N60bn claim
Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has said the concept of printing money to support states is not new and that ‘people should stop adding colouration to it’. And in a twist to the tale, Emefiele announced that states government must begin to pay back the Budget Support Loans given to them by…
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![[JUST IN] N60bn support for March: Time will tell who is lying between me and FG – Obaseki](https://thenewsguru.ng/wp-content/uploads/2020/06/Godwin-Obaseki-2.jpg)
[JUST IN] N60bn support for March: Time will tell who is lying between me and FG – Obaseki
Governor Godwin Obaseki of Edo State has said he won’t join issues with the Federal Government over his claim that N60 billion was printed in March to support allocation to states. TheNewsGuru.com, TNG reports that Obaseki had lamented the fiscal state of the nation, stating Nigeria is in financial trouble. While speaking at the Edo…
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BREAKING: FG breaks silence on Obaseki’s claim of printing N60bn to support March allocation
he Federal Government has denied it printed N60bn to augument March allocation to States as alleged by Edo Governor Godwin Obaseki. It described the allegation by Obaseki as untrue and sad. Minister of Finance, Budget and National Planning, Zainab Ahmed, told State House correspondents: “The issue that was raised by the Edo State Governor for…
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APC replies Gov. Obaseki on state of economy
The All Progressives Congress (APC) has faulted claims by Gov. Godwin Obaseki of Edo, that Nigerian economy was in critical situation due to huge debt burden. Retired Col. David Imuse, chairman of the state APC caretaker committee, said this in a statement by Mr Ofure Osheobo, the assistant secretary of the committee on Monday in…
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We’re not aware of Obaseki’s claim of currency printing – CBN
The Central Bank of Nigeria and the Federal Ministry of Finance, Budget and National Planning have denied knowledge of the claim that Nigeria printed N50-N60 billion last month to cushion its financial trouble. The question was raised after Edo State Governor, Godwin Obaseki, claim that Nigeria printed N60bn to augment what the three tiers of…
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Obaseki sparks nationwide controversy over claims FG printed N60bn to augment depleted March allocation
Ever since Edo State Governor, Godwin Obaseki raised the alarm that Nigeria might collapse economically because of global shrinking oil revenue which happens to be the nation’s mainstay, Nigerians have continued to question the federal government fiscal policies. TheNewsGuru.com, TNG reports that Governor Obaseki revealed that the federal government printed about N60 billion to augment…
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Obaseki explains how heavy Benin storm stops Osinbajo from attending NSF opening
Vice-President Yemi Osinbajo missed the official opening of the 20th National Sports Festival in Benin due to the storm at the city’s airport, Edo’s Gov. Godwin Obaseki said on Tuesday. Obaseki, in his address at Tuesday’s opening ceremony of the festival tagged “Edo 2020”, said the vice-president tried to be at the venue of the…
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Obaseki charges Customs to stop intimidating people in Edo
Edo’s Gov. Godwin Obaseki on Monday in Benin charged men of the Nigerian Customs Service to stop intimidating and extorting people in the state. He gave the charge when the Customs Area Controller in Edo and Delta, Ahmed Usman, paid him a courtesy visit. In Usman’s company was the Commandant of the Nigeria Security and…
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BREAKING: Tribunal dismisses ADP’s petition against Obaseki
The Edo State governorship election petitions tribunal on Monday dismissed the petition filed by Action Democratic Party (ADP) and its governorship candidate, Iboi Emmanuel against the election of Godwin Obaseki. Details shortly…
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Edo 2020: Legacy Obaseki wants remembered for, By Ehichioya Ezomon
By Ehichioya Ezomon There’s a socio-political critic in Edo (Bendel) State called Air Iyare. He’s the type that lobes dynamites at the authorities, and together with his moral suasion, you ignore him at your own peril. That’s the lesson Military Governor Husaini Abdullahi learned in Bendel (March 1976 to July 1978) in Mr Iyare’s crusading,…