The National Vice Chairman of the Peoples Democratic Party, PDP, Dan Orbih, says the printing of money by the Federal Government to meet up with their statutory allocations for state and local government is a sad revelation and it shows the economy of the country has been grounded.
Orbih made the remark while addressing the Speaker of the Oyo State House of Assembly who led some young Nigerians to Edo State to seek more youth participation in politics.
He told his visitors that the PDP is the only party that can take Nigeria out of its present economic woos.
Orbih said printing of money to support allocations to state is a sign of failure to those in power.
The Oyo State Speaker, Adebo Ogundoyin, enjoined Orbih to support more youths’ involvement in active politics.
He also used the visit to congratulate Orbih on his recent appointment as the National Vice Chairman of the PDP South-South region.
