The presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has accused the administration of President Bola Tinubu of gross corruption following claims that ₦8.83 trillion in 2025 expenditure was not captured in the national budget.
Obi made the allegation in a statement posted on his X (formerly Twitter) account on Sunday, citing what he described as findings from the International Monetary Fund (IMF) consultation report.
According to him, the reported expenditure was not appropriated in the 2025 budget and was therefore outside legislative oversight and administrative scrutiny.
“The recent report from the IMF consultation further raises concerns about the scale of grand corruption under the Tinubu government. The IMF now reveals that about ₦8.83 trillion in expenditure undertaken in 2025 is not reflected in the budget. This expenditure is not budgeted and is therefore not under legislative oversight or administrative scrutiny. This is horrible,” Obi said.
He argued that the amount represents about two per cent of Nigeria’s Gross Domestic Product (GDP) and over 35 per cent of the country’s ₦23.96 trillion capital expenditure budget for 2025.
