The Federal Government has dismissed claims that it spent more than ₦8 trillion outside the approved national budget, describing the allegation as false and based on a misrepresentation of comments attributed to the International Monetary Fund (IMF) Representative in Nigeria and the Fund’s 2026 Article IV Consultation Report. In a statement issued by the Honourable Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, the government said Nigeria does not operate a “shadow budget” and does not spend public funds outside the constitutional and legal framework governing public…
Read MoreFG DENIES SPENDING ₦8 TRILLION OUTSIDE BUDGET, SAYS IMF REPORT MISINTERPRETED
