Nigerians are expressing their views on social media following allegations from the International Monetary Fund (IMF) that the Federal Government did not account for public spending amounting to approximately N8.8 trillion, which is about 2% of the country's Gross Domestic Product (GDP), in recent official budgets. This disclosure has ignited a debate regarding transparency in government financial reporting.

Uganda aims to achieve a 20% tax-to-GDP ratio by 2030, marking one of its most ambitious fiscal targets in decades. This goal is part of a new strategy developed by the Ministry of Finance, Planning and Economic Development (MOFPED) in collaboration with the Uganda Revenue Authority (URA).

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.

Atiku Abubakar, the presidential candidate of the African Democratic Congress (ADC), has called on the Nigerian federal government to clarify the whereabouts of what he terms the 'missing' two percent of the country's GDP, following a disclosure from the International Monetary Fund (IMF).

The Federal Government of Nigeria has emphasized the need for enhanced development finance and increased private capital mobilization to achieve its goal of a $1 trillion economy. Officials stated that relying solely on public funds is insufficient for the country's developmental plans. This announcement was made during the Bank of Industry's Development Partners’ Roundtable and the presentation of the 2025 Annual Development Impact Report in Abuja.

The Federal Government of Nigeria has refuted claims that it spent over ₦8 trillion outside the approved 2026 budget, challenging anyone who believes this to provide evidence. This statement comes in response to remarks made by IMF Resident Representative in Nigeria, Christian Ebeke, who indicated that approximately two percent of Nigeria’s GDP was spent outside the budget in 2025.