By Henry Obetta
The Allied People’s Movement (APM), Lagos State Chapter, has called on the Federal Government to provide a full account of public expenditure following reports from the International Monetary Fund (IMF) concerning alleged off-budget spending.
In a statement issued on Sunday by its Public Secretary, Mr. Ayodele Kazeem, the party said Nigerians deserve transparency and accountability in the management of public funds.
The APM was reacting to issues raised during the IMF’s recent Article IV consultation, which referenced government expenditure estimated at about two per cent of Nigeria’s Gross Domestic Product, approximately ₦8.8 trillion, outside the country’s official budget framework.
According to the party, public funds belong to Nigerians and should be managed in accordance with constitutional provisions, legislative approval, independent audit and public scrutiny.
