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Macroeconomy
FG Denies ₦8tn Off-Budget Spending Claim, Says IMF Comments Misrepresented
Channels TV
Jul 5, 2026 · 14:00 WAT
The Federal Government of Nigeria has denied allegations of operating an eight trillion naira off-budget shadow account, clarifying that recent comments by the International Monetary Fund were misrepresented. Officials maintained that all public spending aligns strictly with statutory frameworks.