PRESIDENT BOLA TINUBU BOASTS ABOUT MEETING FINANCIAL OBLIGATIONS WITHOUT NNPC AND CBN
President Bola Tinubu donned his bragging hat on Monday when he announced that for three straight months, he has fulfilled Nigeria’s financial obligations without touching remittance by Nigerian National Petroleum Company Limited (NNPCL) or exploring Ways and Means from the Central Bank of Nigeria (CBN).
When asked whether he was scoring himself in a media chat, the President responded in affirmation
In September 2024, Nigeria’s apex bank chief Olayemi Cardoso blamed his embattled predecessor Godwin Emefiele for harming the Nigerian economy through the excess printing of money and the pumping of liquidity into the system.
Known as the Ways and Means, the apex bank offered short-term financing to the Federal Government to cover its budget shortfalls.