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Nigeria tackles IMF, denies spending ₦8tn outside appropriation

πŸ“° The ICIR πŸ• July 5, 2026 at 8:52 AM

THE Federal Government has denied claims that it spent approximately two per cent of Nigeria’s Gross Domestic Product (GDP), amounting to over ₦8 trillion outside the 2026 approved budget. It described the reports as inaccurate and a misrepresentation of the International Monetary Fund’s (IMF) 2026 Article IV Consultation Report. This was disclosed in a statement […]

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