The Central bank of Nigeria governor (CBN) has confirmed that money was printed to support states. He further stated that it is job of CBN to print money in crisis to support the state and no one should play politics with the issue. In continuing he reiterated that Nigeria government is at a very worsening financial state that have never been seen and as such government should act fast before it comes to collapse.
Nigeria is facing mass insecurity situation in all parts of the country coupled with inflation and unproductive, coupled with this is covid-19 pandemic. The governor of central bank therefore is hoping that the situation gets a turn around as soon as possible