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The African Democratic Congress has demanded that President Bola Tinubu explain a $12.4 billion gap flagged by the World Bank in Nigeria’s external accounts, a shortfall that equals nearly a quarter of the N68.32 trillion 2026 federal budget.
Economic analysts have urged the Nigerian government to ensure that the drafting of the 2027 Appropriation Bill does not distract from the need for transparent reporting on the execution of the 2025 and 2026 budgets. They call for a full audit of outstanding commitments before the new budget is tabled.