The Allied People’s Movement (APM) in Lagos State has called on the Federal Government to clarify reports of alleged off-budget spending amounting to ₦8.8 trillion, as highlighted by the International Monetary Fund (IMF). The party's Public Secretary, Mr. Ayodele Kazeem, emphasized that Nigerians deserve transparency regarding public expenditure in a statement released on Sunday.

The Federal Government (FG) has responded to allegations made by Atiku regarding N8 trillion in unbudgeted spending, labeling the claims as false and potentially misleading to the public about the government's fiscal management. The statement aims to clarify the government's financial practices in light of these accusations.

Former Vice President Atiku Abubakar has expressed concern regarding an IMF report that reveals ₦8.8 trillion in federal expenditures were not included in official budget records. He accused the Tinubu administration of operating a "parallel fiscal universe" in the lead-up to the 2027 elections. This statement was made following the release of the IMF's Article IV report on July 1, 2026.

Peter Obi, the Presidential Candidate of the Nigeria Democratic Congress (NDC), has called for President Bola Tinubu to resign after the International Monetary Fund (IMF) claimed that Nigeria did not account for certain public spending in its recent budgets. Christian Ebeke, the IMF’s resident representative in Nigeria, made this assertion on Wednesday, highlighting issues with off-budget expenditures.

The Federal Government of Nigeria has refuted allegations that over ₦8 trillion was spent outside the 2025 budget, asserting that all public expenditures comply with the country's constitutional and legal framework. This statement was made by Taiwo Oyedele, the Minister of Finance, in response to claims suggesting that approximately two percent of Nigeria's Gross Domestic Product was unaccounted for, according to the Daily Post.

Opposition leaders Atiku and Obi have called for investigations into the International Monetary Fund's claim of ₦8.83 trillion in off-budget spending. They urged Nigerians to persist in demanding greater transparency in the management of public resources, according to Channels TV.