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Breaking NewsHot NewsNationalPolitics

How ‘N30 Trillion Was Printed, Shared Under Buhari’ – Northern Governor Reveals

Wisdom Nwedene
Last updated: March 5, 2024 8:38 am
By Wisdom Nwedene
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3 Min Read
President Buhari and CBN Governor Emefiele
Buhari and Former CBN Governor Emefiele
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Governor Caleb Mutfwang of Plateau State has blamed the current economic hardship being faced by Nigerians on the last administration led by Muhammadu Buhari.

The governor alleged that Buhari supervised the printing and sharing of about N30 trillion.

President Buhari and CBN Governor Emefiele
Buhari and Former CBN Governor Emefiele

Mutfwang stated this during the swearing-in of 22 Special Advisers and heads of government agencies at the Government House in Jos on Monday.

Mutfwang said Buhari left the country’s economy in terrible shape for his successor, President Tinubu.

“We are at a very difficult juncture in the history of this country and I’m an advocate that after the election you forget politics and face governance,” Mutfwang said.

“And even though the Federal Government is being led by a party other than my own, I owe you the duty to tell Nigerians the truth that this government inherited a worse situation than 1999.

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“This government inherited an economy where we simply printed money up to the tune of N30tn and shared.

“This government inherited an economy where the crude oil we’re yet to take out of the ground had been sold in advance.

“So, when you’re talking about the fall of the naira, it’s not rocket science. We sold our future under the last administration.

“No wonder you’re hearing of riots today, people intercepting food on the way. We are lucky on the plateau that perhaps we have more food than many other states.

“And I pray that the time will not come on the Plateau that we will see this kind of riot for food, but it means we must roll up our sleeves and get to work.

“And that is why, for us as a government, when we announced one of the positions that talked about food security, people were laughing but it is a serious issue.”

The governor announced plans by his administration to set up a special agro-processing zone in the Barkin Ladi Local Government Area in partnership with the African Development Bank to the tune of $300 million.

He called on the new appointees to brace up for the challenge to enable his administration to reverse the ugly situation for the good of the people.

“And to tell you that some of the appointees, I don’t know them, but because we want to get things done, we’re looking for the right people,” he said.

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