🇳🇬 Nigeria 2d ago · Akinbayo Wahab

FG debunks hidden spending claims, clarifies World Bank report

Vanguard Nigeria
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FG debunks hidden spending claims, clarifies World Bank report
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Mr Taiwo Oyedele, Minister of State for Finance, has dismissed reports alleging hidden spending and diversion of federation revenue, describing them as misinterpretations of the World Bank Nigeria Development Update.



This is contained in a statement issued by the minister on Sunday in Abuja.



He said reports suggesting large-scale diversion of federation earnings misrepresented the World Bank’s findings and reflected a poor understanding of Nigeria’s fiscal system.



According to him, dedu

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