FEDERAL GOVERNMENT DENIES ₦8 TRILLION OFF-BUDGET SPENDING CLAIMS, REAFFIRMS COMMITMENT TO TRANSPARENT PUBLIC FINANCE

The Federal Government has dismissed claims that more than ₦8 trillion, representing about two percent of Nigeria's GDP, was spent outside the approved budget, describing the allegations as inaccurate and misleading. A statement from the Federal Ministry of Finance says the Federal Government does not operate a shadow budget or spend...