Currency Printing: Amaechi responds to viral statement

The Minister of Transportation, Rotimi Amaechi has reacted to a recent publications on social media where he said that the Buhari administration had been printing money since 2015.

A statement by his media assistant, Mrs Taiye Elebiyo-Edeni, says “the news should be disregarded as it was false.”

On May 3, a publication which circulated all over the internet stated that the Minister was interviewed in 2019 admitting that President Muhammadu Buhari had always ordered the Central Bank of Nigeria (CBN) to keep printing money since 2015.

The transport minister has now refuted the report claiming that he never held any financial institution in the country and would certainly not be an expert on issues that concern printing of money into the economy.

He, however, advised Nigerians who wanted information on the printing of money to find out from the appropriate agency, not circulating a false statement to gain cheap publicity.

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