The Federal Government has firmly denied allegations that it spent more than ₦8 trillion outside the approved 2026 budget, describing the claim as false, misleading and a misrepresentation of observations contained in the International Monetary Fund (IMF) 2026 Article IV Consultation Report. In a statement issued on Sunday by the Honourable Minister of Finance and Coordinating Minister of the Economy,Taiwo Oyedele in his verified X handle, the government maintained that it does not operate a “shadow budget” and that every expenditure undertaken by the Federal Government is backed by constitutional and…
Read MoreFG Dismisses ₦8trn ‘Shadow Budget’ Claim, Says No Public Funds Spent Outside National Assembly Approval
