NEWS
BudgIT Slams Tinubu Govt For Failing To Release Quarterly Budget Reports Since 2023
Civic-tech organisation BudgIT has criticised President Bola Tinubu’s administration for failing to publish the Quarterly Budget Implementation Reports (BIR) since May 2023, describing the move as a breach of law and a setback for fiscal transparency.
In a statement issued on Thursday and signed by its Senior Communications Associate, Nancy Odimegwu, the group noted that the Ministry of Finance and the Budget Office had violated Section 30 of the Fiscal Responsibility Act (FRA) 2007, which mandates the publication of BIRs within 30 days after the end of each quarter.
“With nearly four BIRs pending from Q2 2024 to Q2 2025, the current administration has not published a single report in almost one fiscal year,” Odimegwu said. “This refusal undermines established practice and erodes the hard-won transparency reforms of past governments.”
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BudgIT recalled that former President Muhammadu Buhari’s administration consistently published at least three BIRs per fiscal year.
The organisation stressed that such reports are critical for assessing government spending, evaluating delivery of public services, and enabling civil society, academia, and the private sector to conduct independent analysis.
“The proof of this spending is crucial to assess the quality of implementation of the budget and, more broadly, the quality of the delivery of public goods and services,” Odimegwu added.
The group further expressed concern that the Tinubu government’s refusal to release reports has extended to OpenTreasury.gov, the federal spending transparency portal, which has not been updated since January 2025.
BudgIT’s Head of Research and Policy Advisory, Vahyala Kwaga, described the development as “discouraging,” warning that a democracy must be accountable to its own laws.
“The non-publishing of crucial information should not be replaced by media pronouncements,” Kwaga said. “Citizens and the general public have a right to know and a right to be informed.”
The organisation urged the Ministry of Finance, the Budget Office of the Federation, and President Tinubu to immediately release the pending reports and comply with statutory obligations.
It also called on civil society, academia, the private sector, and the international community to press for accountability in Nigeria’s public finance system.
Background checks by SaharaReporters revealed that since the second quarter of 2024, the Budget Office has failed to upload performance reports on its website.
Similarly, the Central Bank of Nigeria last released a monthly economic report in February 2025, while the Open Treasury portal has withheld federal spending records for 2025.
Since 2009, such budget documents have been published regularly, with only rare lapses in 2010 and 2020.
Analysts fear that the Tinubu government’s continued opacity in public spending may deepen concerns over fiscal accountability.
Former Labour Party presidential candidate in the 2023 general election, Peter Obi, on Thursday visited Bauchi State for a closed-door meeting with Governor Bala Mohammed amid growing political realignments in the country.
Obi, who is also a chieftain of the African Democratic Congress (ADC) opposition coalition, arrived at the Bauchi State Government House where he proceeded to a private meeting with the governor at the Presidential Lounge.
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The purpose of the visit was not immediately known as both politicians held discussions behind closed doors.
Details of the meeting remained undisclosed at the time of filing this report.
However, sources within the Government House suggested that the meeting may be connected to recent political developments and possible alignments ahead of future elections, though this could not be independently verified.
Both leaders are expected to brief journalists after the meeting concludes.
Governor Bala Mohammed, who serves as Chairman of the Peoples Democratic Party (PDP) Governors’ Forum, has recently been at the center of political speculation regarding his party allegiance.
On March 31, he reportedly hinted at a possible political shift during a meeting with a delegation of the African Democratic Congress led by former Secretary to the Government of the Federation, Babachir Lawal, at the Government House in Bauchi.
However, his political engagements appeared to take a different turn shortly after, as he also hosted the National Chairman of the All Progressives Congress (APC), Nentawe Yilwatda, alongside Kano State Governor, Abba Yusuf, on April 1 at the same venue.
The latest meeting with Obi has further intensified speculation about ongoing political consultations and possible future alignments among key political actors.
President Bola Tinubu has requested the approval of the Senate for a fresh external borrowing of $516.33 million, in a move that is expected to further raise concerns over Nigeria’s growing debt profile.
The request was contained in a letter addressed to the President of the Senate, Godswill Akpabio, and was read during plenary on Thursday at the National Assembly.
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According to the letter, the proposed loan is to be sourced from Deutsche Bank and will be used to finance a key infrastructure component under the government’s already approved borrowing programme—the Sokoto–Badagry Super Highway project, a major road corridor designed to enhance connectivity across the country.
President Tinubu, in the request, urged the Senate to give the proposal expedited consideration and approval, stressing the importance of the project to national infrastructure development and economic growth.
Following the reading of the letter, Senate President Akpabio referred the request to the Senate Committee on Local and Foreign Debts, directing the committee to examine the proposal and submit its report within one week.
The latest borrowing request comes amid ongoing national debates over Nigeria’s debt sustainability, as the federal government continues to rely on external loans to fund large-scale infrastructure projects.
A Kaduna State High Court has rejected the bail application filed by former Kaduna State Governor, Nasir El-Rufai, ordering that he remain in the custody of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) pending the determination of his trial.
The ruling was delivered by Justice D.H. Khobo, who held that the seriousness of the allegations against the former governor, as well as concerns over possible interference with ongoing investigations, made the grant of bail inappropriate at this stage.
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El-Rufai had approached the court seeking release on bail pending trial over a nine-count charge filed by the Federal Government through the Independent Corrupt Practices and Other Related Offences Commission.
He argued that the offences were not capital in nature and that he posed no flight risk, citing his community ties, fixed residences, and willingness to cooperate with investigators.
He also told the court that he voluntarily returned to Nigeria to honour official invitations and challenged the validity of the charges, describing them as defective.
Additionally, he raised health concerns, requesting bail on medical grounds.
However, the prosecution opposed the application, insisting that the alleged offences were serious and economically damaging, with a likelihood that the defendant could interfere with witnesses and ongoing investigations.
In his ruling, Justice Khobo held that the gravity of the charges and the risk of interference outweighed the arguments for bail.
The court also ruled that insufficient medical evidence had been provided to justify release on health grounds.
The judge therefore ordered that El-Rufai remain in ICPC custody and directed that the trial proceed on an accelerated basis, fixing early hearing dates for the case.
The former governor will remain detained as proceedings continue in the high-profile corruption trial.
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