#IMF

The Federal Government of Nigeria has denied allegations of spending ₦8 trillion outside the 2026 budget, asserting that a report from the International Monetary Fund (IMF) was misrepresented. Finance Minister Taiwo Oyedele provided clarification on the matter.

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 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.

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.

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.

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.

Peter Obi has called for accountability from the Tinubu administration in response to a report by the International Monetary Fund (IMF) that highlights ₦8.83 trillion in off-budget spending. He has raised concerns about potential grand corruption linked to this financial discrepancy.

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.

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.

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 International Monetary Fund (IMF) has stated that tokenization is poised to fundamentally change financial market infrastructure (FMI), while clarifying that it will not replace the institutions that support the global financial system.

The International Monetary Fund (IMF) has reported that the Federal Government of Nigeria did not include public expenditure amounting to approximately N8.8 trillion, or 2% of the country's Gross Domestic Product (GDP), in its recent national budgets. This omission has led to a discrepancy between the reported fiscal deficit and the actual financing requirements of the country, according to the IMF's Resident Representative.

According to the IMF's latest Regional Economic Outlook, Uganda is projected to be one of the fastest-growing economies globally over the next two years, despite a challenging environment for sub-Saharan Africa due to external shocks. The report highlights that while the region faces higher energy costs and tighter financial conditions, Uganda's growth is expected to accelerate significantly, driven by its oil sector.