…on Sunday, citing what he described as findings from the International Monetary Fund (IMF) consultation report. According to him, the reported expenditure was not appropriated in the 2025 budget and was therefore outside legislative oversight and administrative scrutiny. “The recent report from the IMF consultation fur…

…the development as evidence of "grand corruption." "The recent report from the IMF consultation further raises concerns about the scale of grand corruption under the Tinubu government. "The IMF now reveals that about N8.83 trillion in expenditure undertaken in 2025 is not reflected in the budget. "This expenditure is n…

…₦8.8 trillion, following findings contained in the latest International Monetary Fund (IMF) Article IV consultation on Nigeria. In a statement posted on his verified Facebook page on Saturday, Atiku said a Reuters report published on July 1, 2026, quoting the IMF, indicated that public expenditures equivalent to about…

The IMF disclosure came amid controversy over the alleged PFIPC, following claims that the body operated within government circles despite the Presidency insisting that no such agency was created by President Bola Tinubu. The controversy has generated calls from opposition figures and civil society groups for a compreh…

Nigeria’s foreign exchange reforms have restored the effectiveness of monetary policy after years of distortions under a multiple exchange rate

…to that of many African states like Nigeria, and its courageous negotiation with the IMF and its conditionalities constitutes a template by which many African states could make sense of an economic future outside the gaze of neoliberal capitalism. India pursued a gradualist path that enabled it to negotiate an agreemen…