Former Kaduna Central lawmaker, Senator Shehu Sani, has said that the disclosure that the Federal Government printed N60 billion and shared as part of revenue allocation cast the country in the light of Idi Amin’s Uganda.
The Governor of Edo State, Godwin Obaseki was quoted to have recently said that the Federal Government printed N60 billion as part of federal allocation shared among the federal, state and local governments in March.
The governor is reported to have said this while lamenting that Nigeria is in “huge financial trouble” during the state transition committee stakeholders’ engagement.
“When we got FAAC for March, the Federal Government printed an additional N50-N60bn to top-up for us to share. This April, we will go to Abuja and share. By the end of this year, our total borrowing is going to be within N15trn to N16trn,’’ Obaseki was reported saying.
But responding in his verified Twitter account to this, Shehu Sani wrote, “Obaseki’s disclosure of printing and sharing cast us in the light of Idi Amin’s Uganda.”
