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Atiku Challenges FG as IMF Flags $14bn in Unreported Public Expenditure, Demands Accountability News

Atiku Challenges FG as IMF Flags $14bn in Unreported Public Expenditure, Demands Accountability

Former Vice President Atiku Abubakar has demanded accountability after the IMF reported that about 2% of Nigeria's GDP—estimated at roughly $14 billion—was not reflected in recent official fiscal reports. Atiku urged the Federal Government to explain the discrepancy, calling for greater transparency and investigations by the National Assembly and oversight agencies. The IMF said the gap stemmed from some government expenditures, including capital projects, not being captured in official budget d

Jul 4, 2026
Agriculture Minister Raises Regional Concern Over Global Fertilizer Supply Bottlenecks Agriculture

Agriculture Minister Raises Regional Concern Over Global Fertilizer Supply Bottlenecks

NAIROBI, KENYA—Nigeria has raised an alarm over the escalating scarcity and cost of fertilizer inputs across Sub-Saharan Africa, blaming Middle East geopolitical instability and fractured global logistics. Speaking at the Africa-France Summit, Minister of Agriculture and Food Security Abubakar Kyari met with IFAD to evaluate West African supply chain vulnerabilities. With shipping disruptions driving up freight charges for nitrogen and phosphate bases, Nigeria is working with development partner

May 24, 2026
Miyetti-Allah Urges Federal Government to Extend Credit Lines to Butchers to Lower Beef Prices Agriculture

Miyetti-Allah Urges Federal Government to Extend Credit Lines to Butchers to Lower Beef Prices

The Miyetti-Allah Fulaku Yeso Yeso Development Association (MAFYDA) has urged the Federal Government to establish dedicated Bank of Agriculture (BOA) loan facilities for butchers to help crash rising meat prices. MAFYDA revealed a stark market disparity where middlemen buy cows from pastoralists for ₦500,000 to ₦750,000 and resell them to capital-constrained butchers on credit for up to ₦1.5 million. The association stated that direct capital intervention would empower butchers to bypass these p

May 24, 2026