Federal Government Denies Alleged ₦8 Trillion Off-Budget Spending
The Federal Government has dismissed reports alleging that more than ₦8 trillion was spent outside the approved national budget, describing the claims as inaccurate and misleading.
Government officials maintained that all public expenditures are subject to established budgetary and financial management procedures, insisting that the administration remains committed to transparency, accountability, and prudent management of public funds.
According to the government, the allegations do not reflect the true state of federal financial records and could create unnecessary public concern if left unchallenged. It reaffirmed that spending is carried out in line with constitutional provisions and existing financial regulations.
The clarification comes amid growing public scrutiny of government expenditure and calls for greater accountability in the management of national resources.
The Federal Government reiterated its commitment to fiscal discipline and urged the public to rely on verified information from official sources regarding matters relating to public finance and budget implementation.
