Oshiomhole Blames Buhari for Naira Collapse

Buhari's govt crippled naira by printing money - Oshiomhole

A former Edo State Governor, Adams Oshiomhole, has decried the “excessive printing of money” through Ways and Means by the Central Bank of Nigeria under the administration of former President Muhammadu Buhari, stating that this policy crippled the naira. The Ways and Means provisions grant the Federal Government the leeway to borrow money from the central bank if it needs emergency financing to fund government expected cash receipts and fiscal d…

Oshiomhole blames Buhari for naira collapse

Senator Adams Oshiomhole, representing Edo North Senatorial District, has said that the excessive printing of money by the Central Bank of Nigeria under the administration of former President Muhammadu Buhari through the Ways and Means policy crippled the naira. Oshiomhole made this statement on Saturday at a Progressive Governors Forum’s Meeting and Interactive Session in Benin City, Edo State. He blamed the policy for the eventual collapse of …

Buhari's Excessive Borrowing and Money Printing Wrecked Naira, Says Oshiomhole

BENIN CITY, Nigeria — Senator Adams Oshiomhole, the legislator representing Edo North, has attributed the collapse of the naira and the ongoing cost of living crisis to excessive money printing and borrowing under former President Muhammadu Buhari’s administration. Speaking at the Progressives Governors Forum’s interactive session in Edo State on Saturday, June 28, 2025, Oshiomhole criticised the previous administration’s reliance on the “ways a…

Depreciation: Oshiomhole Blames Ex-CBN Gov Emefiele For Indiscriminate Printing Of Naira

A former National Chairman of the All Progressives Congress (APC), Senator Adams Oshiomhole has blamed the severe depreciation of the naira on what he called “reckless” monetary policies of the past administration under President Muhammadu Buhari where the Central Bank of Nigeria printed money Indiscriminately. The Senator representing Edo North in the National Assembly stated this while speaking at the Progressive Governors’ Forum’s (PGF) meeti…

Buhari crippled Nigeria's economy by printing excess money – Oshiomhole

GistReel Former Edo State Governor and current Senator representing Edo North, Adams Oshiomhole, has strongly criticised the Buhari administration’s economic policies, particularly the Central Bank of Nigeria’s (CBN) use of Ways and Means financing, which he claims has led to the crippling of the naira and the current economic hardship. Speaking during the Progressive Governors Forum’s Meeting and Interactive Session held in Benin City on Saturd…