Questions Raised Over Alleged ₦8.8 Trillion Off-Budget Spending Amid Economic Hardship
I believe Nigerians deserve clear answers about the reported ₦8.8 trillion said to have been spent through off-budget channels. The claim, linked to an IMF disclosure, has raised serious questions about transparency in public finances at a time when households are facing high fuel, cooking-gas and food prices. The government has described subsidy removal and exchange-rate reforms as painful but necessary measures. However, it is difficult to accept repeated calls for sacrifice if large public expenditures were made outside normal budgetary scrutiny and without clear public accounting. I believe an independent forensic audit is needed to establish whether the reported funds were spent, who approved them, and what they were used for. Those making and implementing policies that deepen hardship should also be accountable for their consequences.
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