Nigeria, April 15 -- The governor of Edo State, Godwin Obaseki, has reacted to the Nigerian government's denial that it printed money in March to support allocations to states.

The governor said the federal government must act quickly to end the "current monetary rascality".

Mr Obaseki on Monday had lamented the fiscal state of the nation, saying by the country was effectively broke.

"When we got FAAC for March, the federal government printed additional N50-N60 billion to top-up for us to share," he said.

But the Minister of Finance, Budget and National Planning, Zainab Ahmed, on Wednesday said the claim was "untrue".

"The issue that was raised by the Edo State governor for me is very, very sad, because it is not a fact," Mrs Ahmed cla...