IMF Report: Tinubu’s govt under fire over N8.8tn unaccounted spending

General : Federal Allocations Among Highlights Of Dewan Rakyat’s Second Week

KUALA LUMPUR, July 3 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s clarification that nearly all states receive Federal Government allocations exceeding the tax revenue they contribute was among the highlights of the second week of the Dewan Rakyat sitting.

FG denies spending N8tn outside budget, says claims misrepresent IMF report

By Innocent Anaba The Federal Government has dismissed claims that it spent over N8 trillion outside the approved budget, describing the allegation as false and a misrepresentation of the 2026 Article IV Consultation Report by the International Monetary Fund, IMF. The government said reports suggesting that about two per cent of Nigeria’s Gross Domestic Product, [] The post FG denies spending N8tn outside budget, says claims misrepresent IMF report appeared first on Vanguard News.

'Energy poverty' explodes as Labor costs Australians $23 billion

Shadow Energy Minister Dan Tehan says soaring power bills and rising energy poverty expose Labor's failure to deliver on its promise to cut household electricity costs. “The total figure, $23 billion nationwide, is how much they’ve gone up by, and that’s over $1000 for most average households; this is when they were promised to go down by $275,” Mr Tehan told Sky News host Chris Kenny. “Chris Bowen remains as hapless as ever about trying to address this and fix this, and he’s blindly still pursuing his renewables-only approach. “It’s a disgrace; we’ve seen the number of people hit with energy poverty increase now to be over 250,000 households, and they do not seem to care that this number continues to grow under their policies.”

Don’t look now: The federal debt is even worse than you thought

Only nine months into fiscal year 2026, the U.S. government has already borrowed 1.4 trillion, surpassing the entire federal deficit of the previous fiscal year. The federal government collected 4.2 trillion over the past nine months and spent or lost a total of 5.5 trillion, according to a new Congressional Budget Office report. During the []...Click to read more

PM says federal govt aids all states fairly, including opposition‑led Kelantan and Kedah

BATU PAHAT, July 10 — Prime Minister Datuk Seri Anwar Ibrahim yesterday stressed that the Federal Government under...

कर्णालीको बजेट ६१ प्रतिशत मात्र कार्यान्वयन

काँक्रेविहार (सुर्खेत)। कर्णाली प्रदेश सरकारले चालु आर्थिक वर्षमा ६१.९७ प्रतिशत बजेटमात्रै कार्यान्वयन भएको छ। प्रदेश लेखा नियन्त्रक कार्यालयका प्रमुख रत्न सुवेदीका अनुसार उपलब्ध रु ३३ अर्ब १९ करोड ३६ लाख ५५ हजारबराबरको कुल बजेटमध्ये रु २० अर्ब ५७ करोड १२ लाख आठ हजार ३७८ कार्यान्वयनमा आएको छ । बाँकी रु १२ अर्ब ६२ करोड २४ []

FG does not operate shadow budget, Oyedele replies Atiku, Obi, others

The Nigerian Federal Government has dismissed allegations that it operates a “shadow budget,” stating that over 8 trillion was not spent outside the approved national budget. The government, in a statement by Minister of Finance Taiwo Oyedele, said all expenditures strictly adhere to constitutional provisions and Legislative Appropriation Acts, refuting claims linked to recent IMF The post FG does not operate shadow budget, Oyedele replies Atiku, Obi, others appeared first on Dateline Nigeria.

Normative shift in fiscal federalism

Fiscal issues. 16th Finance Commission’s stress on States’ contribution to national GDP could widen inter-State disparities

FCT projects: Tinubu committed to welfare of Abuja residents – Wike

Minister of the Federal Capital Territory, FCT, Nyesom Wike, on Tuesday, declared that President Bola Tinubu is committed to the welfare of citizens and Nigerians. Tinubu spoke at the flag-off of construction of Collector Road CO1 from Nile University area to Ring Road III, Extension of Body of Benchers road. According to Wike: “Mr President, let [] FCT projects: Tinubu committed to welfare of Abuja residents – Wike

Minimum wage: Tinubu’s chief of staff speaks on fresh negotiations

President Bola Tinubu’s CoS addresses concerns over the minimum wage, speaking on the federal government’s position and the possibility of reopening negotiations.

Capital Southwest: Don't Sleep On This 11%-Yielding BDC

Capital Southwest: Don't Sleep On This 11%-Yielding BDC

LAU: Federal government’s footprint growing despite declining headcount

Since 2015, the federal public service headcount is still up 34.3.

This Week In Waste – June 26, 2026

Welcome to This Week in Waste, a series by Citizens Against Government Waste (CAGW) that highlights how taxpayer dollars are being wasted in the federal, state, and local levels of government and efforts to fight back against this spendthrift behavior. CAGW Names the U.S. Postal Service (USPS) June 2026 Porker of the Month The USPS’s abysmal []

Armenian Health Minister: Medical Insurance Payouts Total $264.8 Million

Armenian Minister of Health Anahit Avanesyan today said that the government has spent AMD 97.4 billion (approximately 264.8 million) tin payouts to 842,750 individuals enrolled in the country’s universal health insurance system launched on January 1

EDITORIAL | Treasury withholding funds to municipalities is a step in the right direction

With municipalities having racked up R24bn in fruitless and wasteful expenditure since 2021, the decision sends a necessary — if painful — message that fiscal accountability is no longer optional

National Treasury Withholds R96 Million From Musina Municipality Over Eskom Debt

MUSINA, Limpopo — The National Treasury has withheld approximately R96 million in equitable share funding from the Musina Local Municipality following its failure to settle a R52 million debt owed to Eskom within the mandated 30-day period. During a recent broadcast interview, Musina Mayor Godfrey Mawela confirmed the financial block, taking a moment to clarify []

Inside Government’s fuel disruption response: Document dump reveals how ministers decided on financial support, worst-case scenario

Inside Government’s fuel disruption response: Document dump reveals how ministers decided on financial support, worst-case scenario

War pause eases pressure on FY27 fiscal deficit target as govt sees improving outlook

The latest fiscal accounts nevertheless reflect the impact of front-loaded government spending.

Form 144 Bank of America For: 22 June

Form 144 Bank of America For: 22 June

The Social Security Shortfall and Trump’s Big Military Budget

The Social Security Shortfall and Trump’s Big Military Budget Kurt Stand Mon, 06/22/2026 - 08:23

Govt turns to N$1.8b overdraft

The government’s available cash balance dropped to zero at the end of May, forcing it to rely on an overdraft facility of N1.8 billion to cover its financial needs. This is according to the latest statement of assets and liabilities the Bank of Namibia (BoN) has released. An overdraft allows the government to access funds [] The post Govt turns to N1.8b overdraft appeared first on The Namibian.

A new bill calls for $25 minimum wage. Here's where that isn't 'sufficient'

While it's way more than the current federal minimum wage, data shows it may not be enough for some.

U.S. revoking general license for Iranian oil sales amid rising tensions in Strait of Hormuz

WASHINGTON, July 7 (Yonhap) -- The U.S. Treasury Department said Tuesday it is r...

'We won’t tolerate financial mismanagement': National Treasury withholds R13.5 billion from 69 municipalities

'We won’t tolerate financial mismanagement': National Treasury withholds R13.5 billion from 69 municipalities

President Tinubu Commissions Karsana Roads, Boosts Housing Access

President Bola Tinubu says his administration is investing hugely in providing access to homes, to work and to a better future in the Federal Capital Territory (FCT) that his Renewed Hope Agenda had promised. Tinubu, represented by Senate President Godswill Akpabio, made the remarks in Abuja on Friday, while inaugurating the newly constructed 10.5-kilometre road [] The post President Tinubu Commissions Karsana Roads, Boosts Housing Access appeared first on Voice of Nigeria.