The Nigerian Government has dismissed claims that it spent more than ₦8 trillion outside the approved budget, describing the allegations as false and based on a misrepresentation of the International Monetary Fund (IMF)'s 2026 Article IV Consultation Report.

The International Monetary Fund (IMF) has disclosed that the Federal Government (FG) failed to capture public expenditure equivalent to about two per cent of Nigeria’s Gross…

The IMF has reported that Nigeria failed to record public spending equivalent to approximately 2% of its GDP in recent official budgets...