IMF, President Tinubu and the transparency challenge

Author: Moshood OshunfurewaPublished on: July 16, 2026Country: Nigeria
PoliticsBusiness & Economy
IMF, President Tinubu and the transparency challenge

IMF representative Christian Ebeke in Abuja casually mentioned in July 2026 that about 2% of Nigeria's GDP in public spending does not appear in official budget documents, calling it 'off-budget spending.' The Senate Committee on Public Accounts under Ahmed Wadada also uncovered N210 trillion in discrepancies at NNPC between 2017 and 2023. The author harshly criticizes the Tinubu administration, calling it organized theft of the commonwealth and a continuation of corruption dressed in the language of governance.

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