Sunusi Yakubu.
The Nigeria Democratic Congress, (NDC) presidential candidate Peter Obi on has accused President Bola Tinubu’s administration of grand corruption, citing an International Monetary Fund (IMF) assessment that about ₦8.83 trillion in public expenditure was not captured in Nigeria’s recent budget documents.
In a statement posted on X, Obi alleged that the off-budget expenditure demonstrated a pattern of financial mismanagement and a disregard for public finance rules.
“The IMF now reveals that about ₦8.83 trillion in expenditure undertaken in 2025 is not reflected in the budget.
This expenditure is not budgeted and is therefore not under legislative oversight or administrative scrutiny,” Obi said.
