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 50 billion naira to 60 billion naira to make up for state allocations.

The Minister said this at a briefing after the 41st virtual Federal Executive Council meeting chaired by the Vice President, Professor YEMI OSINBAJO at the State House.

She described the governor’s claim as very sad and untrue.

According to her, monies distributed at Federation Account Allocation Committee are revenues generated from the Federal Inland Revenue Service, Nigeria Customs, Nigerian National Petroleum Corporation, adding that revenue distribution is information that can be publicly accessed.