Naira Printing Portends Great Danger-Labor Leader
The allegation by the Edo State Governor that the Federal Government printed N60 billion to meet its financial obligations portends great danger for the country.
This assertion was made in a Chat with People by an Ex-Officio of the Oyo State Council of the Trade Union Congress(TUC), who is also a former Chairman of the union in the state, Comrade Andrew Emelieze
''What this means is that governance is no longer effective, this portends great danger for Nigeria, it also means that the government is broke. The implication of this is that the Central Bank of Nigeria might be forced to start printing the Niara unnecessarily. This suggests a collapsed economy,'' Comrade Emelieze concluded.