Atiku Demands Probe Into IMF’s Alleged ₦8.8tn Off-Budget Spending Report

atiku probe


Former Vice President Atiku Abubakar has asked the Federal Government to explain claims of off-budget public spending raised in a recent International Monetary Fund (IMF) report.

The African Democratic Congress (ADC) presidential candidate said Nigerians deserve answers over the alleged expenditure.

According to the IMF, public spending worth about 2 per cent of Nigeria’s Gross Domestic Product (GDP) was not captured in recent budget documents.

Atiku Demands Answers

Atiku, through his spokesman, Phrank Shaibu, said the report raises serious concerns about transparency and accountability.

He questioned who approved the alleged expenditure if it did not pass through the normal budget process.

“If, as the IMF has revealed, expenditure amounting to two per cent of Nigeria’s GDP was omitted from the budget process, then Nigerians are entitled to one simple question: Who authorised the spending?”

He said the issue goes beyond accounting mistakes.

According to him, it touches on constitutional compliance and responsible management of public funds.

Former VP Seeks Independent Probe

Atiku called for an independent investigation into the IMF’s findings.

He said investigators should determine whether any government agency approved or spent public funds outside the law.

He added that Nigerians deserve to know the truth.

“If the allegations are false, let the government prove them through an open investigation. If they are true, every official connected to the matter should face the law.”

Links Report to PFIPC Controversy

The former vice president also referred to the controversy surrounding the alleged Presidential Foreign Intervention Promotion Council (PFIPC).

He argued that both issues raise fresh concerns about transparency in government.

According to Atiku, Nigerians need clear explanations instead of conflicting accounts.

Calls on Anti-Graft Agencies

Atiku urged the Economic and Financial Crimes Commission (EFCC), the Independent Corrupt Practices and Other Related Offences Commission (ICPC), the National Assembly and the Auditor-General of the Federation to investigate the matter.

He said accountability remains essential, especially as Nigerians continue to face economic hardship.

He also urged the Federal Government to address the IMF’s observations openly and restore public confidence.

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