FG rejects claims of ₦8tn off-budget spending, says IMF report was misinterpreted

FG rejects claims of ₦8tn off-budget spending, says IMF report was misinterpreted

The Federal Government has refuted allegations that it expended more than ₦8 trillion outside the 2026 Appropriation Act, insisting that the claims stem from a misinterpretation of the International Monetary Fund’s (IMF) 2026 Article IV Consultation Report and do not reflect the country’s actual public finance practices. The clarification was contained in a statement issued…

Read the full story here
Nigerian Army deploys 14,000 newly trained troops to strengthen counterterrorism operations

Nigerian Army deploys 14,000 newly trained troops to strengthen counterterrorism operations

The Nigerian Army has completed the training of 14,000 new soldiers as part of an ongoing expansion of its manpower aimed at strengthening military operations against terrorism, banditry and other security threats across the country. Chief of Army Staff, Lieutenant-General Waidi Shaibu, disclosed this during an interactive session with media executives held on the sidelines…

Read the full story here