The Peoples Democratic Party (PDP) has asked President Muhammadu Buhari to sack Zainab Ahmed, Minister of Finance, Budget and National Planning, for allegedly misleading Nigerians over the alleged printing of N60 billion by the Central Bank of Nigeria (CBN).
The PDP made the demand in a statement issued by Kola Ologbondiyan, its National Publicity Secretary, on Friday.
Recall that Godwin Obaseki, Governor of Edo State, had raised an alarm that the Federal Government printed N60bn to support the March allocation to states.
However, Ahmed denied the claim, calling it inaccurate.
But Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), on Thursday gave a hint that the aforementioned amount was printed to support the states.
Following the CBN Governor’s comments, the PDP said it has “vindicated its earlier stand that the Buhari-led APC administration is characterized by concealments, deceit, and falsehood”.
The statement read: “The PDP flays the Minister of Finance, Budget and National Planning, Hajiya Zainab Ahmed, for attempting to mislead Nigerians by denying the revelations by the Edo State Governor, Godwin Obaseki, that N60 billion was printed in March to support federal allocation to states.
“Governor Obaseki, as a financial expert, who is not known for flippancy, must be commended for his act of patriotism in exposing the dire economic situation our nation has been plunged under the Buhari administration.
“A situation where the Federal Government cannot articulate and implement policies favourable to wealth creation but resorting to borrowing and indiscriminate printing of currency notes, only goes to further confirm that the Buhari administration lacks the credibility and capacity to run a nation.
“Indeed, the admission by the CBN governor that ‘Nigeria is unfortunately in a very bad situation’ further justifies our position that the Buhari-led APC administration has wrecked the economy of our nation.
“Our party is worried over the huge negative impact of indiscriminate printing of currency which has led to the unprecedented rise in inflation rate to 18.17% as disclosed by the Bureau of National Statistics on Thursday.
“This situation has led to further economic hardship with surging prices and fallen purchasing power throwing millions of families in distress and unable to afford the basic necessities of life.”
The PDP called on President Buhari and the Federal Government to disclose the true state of the country’s economy to Nigerians.
The main opposition party also asked the president to dismiss the Finance Minister for allegedly lying to Nigerians.
“The PDP calls out President Buhari to come clean on the amount that has been printed so far by the CBN to finance the deficit caused by the financial mismanagement of his government as well as what the funds had been used for.
“Furthermore, for failing the full disclosure test, the PDP demands that the Minister of Finance should immediately be relieved of her position, while the President accepts responsibility for the indiscriminate printing of currency in our naira,” the statement read.