
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.
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Atiku Abubakar, the former Vice President and presidential candidate of the African Democratic Congress, has called for an investigation by the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) into the International Monetary Fund's claim that Nigeria has spent N8.8 trillion off-budget, which he states is equivalent to 2% of the country's GDP, according to ThisDay Live.
ThisDay Live·July 5, 2026 at 4:57 AM
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.
Channels TV·July 5, 2026 at 1:20 PM
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.
Tribune Online (NG)·July 5, 2026 at 3:11 PM
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.
Daily Post (NG)·July 5, 2026 at 2:28 PM
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.
Vanguard (NG)·July 5, 2026 at 4:17 PM
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).
Naija News·July 5, 2026 at 2:37 AM