Category: News

A review of Nigeria’s public finances has raised concerns that the budgeting process under President Bola Tinubu has drifted away from key principles such as transparency, accountability, fiscal discipline, and predictability, with critics arguing that political interests have increasingly shaped budget implementation. According to the analysis, repeated budget extensions, overlapping appropriations, alleged budget padding, and […]

A new fiscal analysis has accused the administration of President Bola Tinubu of weakening Nigeria’s budgeting system through declining transparency, accountability and fiscal discipline, warning that the country’s budget process has become increasingly unpredictable and prone to manipulation. The report argues that the annual budget, traditionally regarded as the foundation of public finance management, has […]

Former Vice President and African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, has criticised President Bola Tinubu’s administration for increasing domestic borrowing despite what he described as a ₦7.98 trillion windfall from higher-than-projected crude oil prices. In a statement by his media aide, Phrank Shaibu, Atiku questioned why the Federal Government borrowed nearly ₦5 trillion […]