Tuesday, 4 May 2021

Amaechi Denies Buhari's Government Was Printing Money

The Minister of Transportation, Rotimi Amaechi has denied saying that President Muhammadu Buhari had always ordered the Central Bank of Nigeria (CBN) to print money since 2015.

Reports had emerged on Monday that the Minister who was interviewed in 2019 admitted that President Muhammadu Buhari had always ordered the Central Bank of Nigeria (CBN) to print money since 2015.

Reacting, Amaechi in a statement by his Media Assistant, Mrs Taiye Elebiyo-Edeni, said the news should be disregarded as it was false.

He urged Nigerians to disregard the publications on social media alleging he said the administration had been printing money since 2015.

Amechi said he has never held any financial position in the country and did not qualify as an authority on issues that concern the printing of money in the economy.

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