Connect with us

Hi, what are you looking for?


Printing of money is our job – CBN Governor

Technocrat Media Nigeria

ABUJA – The governor of the Central Bank of Nigeria, Godwin Emefiele has said that the printing of money was the job of the apex bank.

He disclosed this through the official Twitter handle of the bank. The governor who might be reacting to the statement made by the governor of Edo State, Godwin Obaseki, who had said in viral video that the federal government printed additional N60b last month to support the money that was shared for allocation.

The concept of printing money is about lending money and that is our job… It will be irresponsible for the CBN or any Central Bank or Fed to stand idle and refuse to support its government at a time like this. Sugar and Wheat to go into our FX restriction list. We must work together to produce these items in Nigeria rather than import them”

Godwin Emefiele

This news content remains the copyright of TECHNOCRAT MEDIA, to republish, please seek the consent of our News Editor via

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *


Like Our Facebook Page

You May Also Like


The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has voted for an increment in the benchmark interest rate by 50 basis points...


On March 3, the Supreme Court in a ruling faulted the naira redesign policy introduced by the Central Bank of Nigeria (CBN), adding that...


The presidency has said that the Central Bank of Nigeria (CBN) has no reason not to obey the ruling of the Supreme Court on...


The Central Bank of Nigeria (CBN) has issued fresh operational guidelines on open banking to deposit money banks, mobile money operators and payment service...


The Supreme Court has faulted the naira redesign policy of the Central Bank of Nigeria (CBN).


The upper and lower chambers of the National Assembly have passed a resolution asking the Central Bank of Nigeria (CBN) to extend the deadline...