What do you think about reports of government spending happening outside the official budget?
The IMF's latest Article IV consultation, through its resident representative Christian Ebeke, confirmed that a staggering discrepancy in figures arises from large-scale government projects executed entirely off-budget. This means multi-trillion naira contracts are being awarded and public capital moved for infrastructure projects entirely beyond the reach of the Auditor-General, procurement laws, and the oversight of the National Assembly. I see this as a parallel fiscal universe, governed by executive whim, shielded from the constitutional accountability the Nigerian people are owed.
Where this comes from
Article on X Article by @atiku on X · https://x.com/atiku/status/2073404094681588038 2026-07-04 ›
A pattern of conduct, not an isolated incident, the IMF's latest Article IV consultation, articulated by its resident representative in Nigeria, Christian Ebeke, confirmed that this staggering discrepancy arises from large-scale government projects executed entirely off-budget. Let us be absolutely clear about what this means: The Tinubu administration is awarding multi-trillion naira contracts, moving massive public capital, and commissioning infrastructure projects entirely beyond the reach of the Auditor-General, the nation's procurement laws, and the legitimate oversight of the National Assembly. It is a parallel fiscal universe, one governed by executive whim, shielded from the constitutional accountability that the Nigerian people are owed.