Federal Government Rejects Claims of ₦8 Trillion ‘Shadow Budget’ Spending

By Boluwatife Oshadiya | July 5, 2026 Key Points Main Story The Federal Government has dismissed claims that it spent more than ₦8 trillion—about two percent of Nigeria’s Gross Domestic Product (GDP)—outside the approved 2026 budget, describing the allegation as false and a misrepresentation of the International Monetary Fund (IMF)’s recent fiscal assessment. In a … Continue reading Federal Government Rejects Claims of ₦8 Trillion ‘Shadow Budget’ Spending