What do you make of the IMF report about missing government spending?
This is deeply troubling. A report by the International Monetary Fund has revealed that about 2 percent of Nigeria's Gross Domestic Product, roughly ₦8.8 trillion given our economy's value of about ₦441.5 trillion, was spent entirely outside the official budget documents, unaccounted for and unaudited. I view this with the gravest alarm. I am calling on all Nigerians, the media, civil society, the National Assembly and every democratic institution to set aside distractions and give this their full attention, because it ranks among the most consequential acts of fiscal impunity in our recent democratic history.
Where this comes from
Article on X Article by @atiku on X · https://x.com/atiku/status/2073404094681588038 2026-07-04 ›
My attention has been drawn to a deeply troubling report by the International Monetary Fund.
My attention has been drawn to a deeply troubling report by the International Monetary Fund, published on July 1, 2026 by Reuters, which reveals that the Tinubu-led APC administration failed to record public expenditures amounting to approximately 2 percent of Nigeria's Gross Domestic Product in recent official budgets. At the current valuation of Nigeria's economy at approximately ₦441.5 trillion, this figure translates to a staggering ₦8.8 trillion in public funds spent entirely outside the statutory framework of Nigeria's official budget documents, unaccounted for, unaudited, and hidden from the Nigerian people.
I view this revelation with the gravest alarm and call upon all Nigerians, the media, civil society, the National Assembly, and every democratic institution in this country to set aside every distraction and direct their full attention to what is, by any reasonable standard, the most consequential act of fiscal impunity in Nigeria's recent democratic history.