Contrary to the claims of the Edo State Governor Godwwin Obaseki, the Central Bank of Nigeria (CBN) Governor Godwin Emefiele has said printing money is not their job but cardinal job of the lenders.
On their Twitter handle @cenbank, Emefiele said said printing money is about lending money.
Emefiele, on Friday, said it would be irresponsible for any Central Bank to refuse to support its government when it is in need.
He said: “The concept of printing of money is about lending money and that is our job…It will be irresponsible for the CBN or any Central Bank or Fed to stand idle and refuse to support its government at a time like this. #Emefiele.”
There has been allegation and counter allegations between the governor Obaseki and the Federal Government about the printing of 60billion naira to share within the states last month.