Nigeria Democratic Congress (NDC) presidential candidate Peter Obi accuses President Bola Tinubu’s administration of “grand corruption” after citing an International Monetary Fund (IMF) consultation report. In statements posted on his social media accounts, Obi claims that about ₦8.83 trillion in expenditure for 2025 is not captured in the national budget, arguing that the amount therefore escapes legislative oversight and proper administrative scrutiny.
Obi presents the figure as part of a broader alleged pattern under the All Progressives Congress (APC)-led government. He reiterates a call for President Tinubu to resign, saying the issue reflects what he describes as gross corruption, incompetence, and insensitivity. In the accounts cited, Obi also links the disputed amount to economic comparisons, including its relationship to Nigeria’s GDP and portions of the 2025 capital budget, as well as allocations for education and health.
The outlets report Obi’s allegations and his warning that disregarding public finance management rules poses risks to national security, deepens poverty, and weakens state institutions. The reports do not include a response from the Tinubu administration or confirm the underlying IMF findings beyond Obi’s interpretation.
