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IMF report: Tinubu’s govt breaks silence on alleged missing N8trn

Published

4 months ago

July 5, 2026

The Federal Government has dismissed claims that over ₦8 trillion was spent outside the 2025 budget, insisting that all public expenditures were made within Nigeria’s constitutional and legal framework.

In a statement issued on Sunday by Taiwo Oyedele, Minister of Finance, the government said reports alleging that about two percent of Nigeria’s Gross Domestic Product, GDP, estimated at over ₦8 trillion, was spent outside the approved budget were based on a misrepresentation of the International Monetary Fund’s, IMF, 2026 Article IV Consultation Report.

The ministry maintained that the Federal Government does not operate a “shadow budget” or spend public funds without legislative approval.

It explained that under Sections 80 to 83 and 162 of the 1999 Constitution, all public funds can only be withdrawn and spent in accordance with the Constitution and laws passed by the National Assembly. According to the ministry, government expenditure is undertaken through duly enacted Appropriation Acts, Supplementary Appropriation Acts and other statutory authorisations.

The ministry added that multi-year capital projects are implemented under existing laws and approved capital rollovers where applicable, stressing that such projects should not be interpreted as spending outside the budget.

It further argued that allegations of secret spending lacked evidence, saying anyone making such claims should identify specific projects allegedly executed without appropriation or legal authority.

“It is inaccurate to suggest that trillions of naira have been secretly spent outside legislative approval. Such allegations should have identified the specific projects purportedly executed without appropriation or legal authority and present credible evidence in support of the claim. To be meaningful, assertions of this magnitude must be supported by verifiable facts rather than conjecture,” Oyedele said.

The ministry also clarified that Nigeria’s public finance system includes statutory transfers, first-line charges and intervention mechanisms established by Acts of the National Assembly. These include statutory allocations to development commissions and agencies, revenue collection costs retained by designated agencies, separate capital budgets for some agencies and the Federal Capital Territory, special interventions for national priorities such as security and infrastructure, as well as debt servicing obligations.

According to the ministry, these expenditures are lawful, publicly disclosed and subject to oversight, audit and accountability mechanisms, although their presentation in fiscal reports may differ from their appearance in the annual Appropriation Act due to international reporting standards.

The government also rejected suggestions that the reported ₦8 trillion represented an increase in the country’s fiscal deficit, explaining that fiscal deficits are determined by the relationship between total government revenue and expenditure rather than the financing mechanism used for approved projects.

It stated that the IMF’s observations were primarily about the comprehensiveness, timing and presentation of fiscal reporting rather than the legality of government spending.

The ministry noted that President Bola Tinubu had already asked the National Assembly to harmonise multiple and overlapping budgets into a single framework while presenting the 2026 Appropriation Bill on December 19, 2025.

It added that the administration remained committed to prudent fiscal management, transparency and accountability, citing ongoing reforms in budget credibility, revenue administration, digitalisation of government financial processes and treasury management.

The statement urged Nigerians to base public debate on verified facts and an accurate understanding of the country’s fiscal framework, warning against misrepresenting technical observations as evidence of unlawful expenditure.

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SEE FULL LIST: NJC recommends 28 candidates for judicial appointments

Published

9 hours ago

November 5, 2026

Newsbreak365_Admin

The National Judicial Council (NJC) has recommended 28 candidates for appointment as judicial officers across six states, including 24 candidates for various State High Courts.

The recommendations cover the High Courts of Kano, Ebonyi, Edo, Adamawa and Ogun states, the Plateau State Sharia Court of Appeal, Adamawa State Sharia Court of Appeal and Adamawa State Customary Court of Appeal.

The Council announced the recommendations in a statement issued on Wednesday by its Deputy Director of Information, Kemi Babalola-Ogedengbe.

It said the decisions were taken at its 112th meeting held on November 3, 2026, under the chairmanship of the Chief Justice of Nigeria, Justice Kudirat Motonmori Olatokunbo Kekere-Ekun.

According to the Council, one candidate was recommended as Grand Kadi of the Plateau State Sharia Court of Appeal, while another was recommended as Kadi of the Adamawa State Sharia Court of Appeal.

Two others were recommended as judges of the Adamawa State Customary Court of Appeal.

The appointment includes “24 High Court candidates and four candidates for the Sharia and Customary Courts of Appeal.”

The full list of the 28 recommended candidates is as follows:

PLATEAU STATE SHARIA COURT OF APPEAL (GRAND KADI)

1. Tijjani Jibrin Zololo

KANO STATE HIGH COURT

2. Nafisah Yusuf Hassan
3. Halima Yahuza Ahmad
4. Abdullahi Abdulsalam Bature
5. Musa Ibrahim Umar

EBONYI STATE HIGH COURT

6. Dickson Edmund Amaga

EDO STATE HIGH COURT

7. Benson Osagie Osawaru
8. Taiye Osayanmon Omoruyi
9. Dorothy Ibhade Adamaigbo
10. Festus Osagie Usiobaifo
11. Pius Idemudia Oiwoh
12. Majebi Samuel Amune
13. Emike Jessica Imuekemhe

ADAMAWA STATE HIGH COURT

14. Aminu Sa’ad
15. Ibrahim Ulenda Musa
16. Sadiq Giwa
17. Musa Bala Mijinyawa
18. Japhet Ibrahim
19. Aliyu Bakari
20. Yakubu Ahmadu

OGUN STATE HIGH COURT

21. Olakulehin Luqman Abiola Oke
22. Adebimpe Folusho Obienu
23. Fatimat Adeola Daudu
24. Rafiat Bolanle Kadiri
25. Oludotun Olaniyi Osho

ADAMAWA STATE SHARIA COURT OF APPEAL (KADI)

26. Abubakar Ishaku

ADAMAWA STATE CUSTOMARY COURT OF APPEAL

27. Elshama Gwama Dimas
28. David Benjamin Pembi

The NJC said all the recommended candidates were expected to be sworn in by their respective state governors without delay.

Source: punchng.com

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JD Vance reveals Iran war cost Republicans midterm elections, read details

Published

9 hours ago

November 5, 2026

Newsbreak365_Admin

United States Vice President JD Vance has blamed the Iran war for the Republican Party’s poor performance in the 2026 midterm elections, saying many supporters of President Donald Trump switched allegiance to Democrats over dissatisfaction with the conflict.

Vance said this in a post on his X handle on Wednesday, arguing that the party’s defeat was not primarily caused by poor voter turnout but by the defection of voters who supported the Trump-Vance ticket in 2024.

He said data analysis conducted by his team before the elections had shown that Republican supporters were turning out in significant numbers, despite opinion polls predicting a major Democratic victory.

“One of the things the data analysts on our side obsessed over was ‘composition’—whether the electorate looked close enough to 2024 for Republicans to win,” he said.

Vance explained that although turnout was encouraging in several states, a member of his data team had warned him that many Republican voters were angry and might not vote for the party.

“Well, that looks prophetic now. Our voters did show up. In Florida, for example, the electorate was nine points more Republican than Democrat, just a couple points worse than 2024,” he said.

“But the main problem is not turnout. The main problem is that many people who voted for Trump/Vance in 2024 voted for Democrats in 2026.”

The Vice President acknowledged that the party might have failed to communicate its economic policies effectively, particularly on the cost of living and inflation.

However, he said the major reasons voters abandoned the Republicans were concerns about the war, economic hardship, America’s foreign policy priorities and its relationship with Israel.

According to Vance, a pollster who accurately predicted the election outcome identified four major demands among former Republican supporters who switched to the Democrats.

The demands were to end the war, prioritise the cost of living and inflation, put America first and change the country’s relationship with Israel.

“The reason we lost is the war. The president himself said so last night,” Vance stated.

He also defended television personality Rachel Campos-Duffy, saying her earlier call for a diplomatic resolution to the conflict had proved politically sound.

Vance warned against attempts by Republican establishment figures to attribute the party’s electoral setback to other issues, particularly immigration policy.

He said he was open to reviewing immigration enforcement strategies, including targeting businesses that employ undocumented workers, but rejected calls for amnesty.

“Anyone pushing amnesty is lying to you,” he said.

The Vice President challenged those who believed the war was worth the political cost to defend that position openly, noting that the defeat could cost Republicans control of the Senate for the next six years.

“If you’d like to argue it was worth it, that losing the Senate for the next six years was worth it, then do so. Argue it was a worthwhile cost to pay,” he said.

“Agree or disagree, that’s at least honest.”

Despite the setback, Vance expressed optimism about the country’s future, urging disappointed Republican supporters to channel their anger into rebuilding the party and electing candidates who share their political views.

“Let’s take that anger and get back to the work of saving our country,” he added.

Source: punchng.com

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UK to strengthen immigration enforcement with facial recognition

Published

10 hours ago

November 5, 2026

Newsbreak365_Admin

The United Kingdom government plans to expand live facial recognition technology to strengthen immigration enforcement and identify individuals who have violated immigration rules.

The initiative, being developed by the Home Office, could see facial recognition cameras deployed at transport hubs and public events to help immigration officers identify people who have overstayed their visas, entered the country unlawfully or breached their immigration conditions.

According to policy documents published in October and sighted by PUNCH Online on Thursday, the proposed expansion could extend the technology’s use to general immigration enforcement, including civil immigration violations that do not necessarily involve criminal offences.

The development comes as Home Secretary Shabana Mahmood seeks to intensify immigration enforcement through increased funding, additional personnel and expanded deportation operations.

The Home Office said the technology would help officers identify individuals subject to removal proceedings and those attempting to re-enter the UK unlawfully.

The policy documents also suggest that facial recognition could reduce the need for repeated enforcement visits to residential properties and workplaces.

Authorities have already conducted three trials of the technology at Holyhead port in north Wales between November 2025 and February 2026. The trials focused on identifying individuals travelling from Ireland who were subject to deportation orders or wanted over immigration-related criminal offences.

The programme has now entered its formal delivery phase, with officials considering wider deployments at transport hubs and large public gatherings.

A Home Office spokesperson confirmed that further trials were being considered while the government examined the potential benefits and implications of the technology.

U K Home Secretary, Shabana Mahmood, said: “Facial recognition technology has been the biggest breakthrough for catching criminals since DNA matching, already helping police take thousands of dangerous criminals off our streets.

“The benefits are clear, but we must ensure that its use is fair, safe and proportionate.

“It is right we put in place clear laws to ensure that the use of this technology is watertight, so the public can have confidence that these tools, which are vital to our safety, are used responsibly too.”

However, the proposed expansion has raised concerns among civil liberties organisations and migrant rights advocates over privacy, surveillance and the possibility of inaccurate identification.

The Joint Council for the Welfare of Immigrants described the development as a significant escalation of immigration enforcement powers, while the Open Rights Group questioned the transparency of the plans, public consent and the absence of comprehensive legislation governing facial recognition.

Critics have also warned that the technology could disproportionately affect people of colour because of concerns about identification accuracy.

Meanwhile, Biometrics and Surveillance Camera Commissioner William Webster has questioned whether existing regulatory arrangements are sufficient to oversee the expanding use of facial recognition across government agencies.

Under the proposed policy, individuals under 18 will not be included on facial recognition watchlists.

Source: punchng.com

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