LEAD STORY 2

FG Denies ₦8tn ‘Shadow Budget’ Claim, Says All Spending Backed by Law

Daily Dispatch July 5, 2026

The Federal Government has dismissed claims that more than ₦8 trillion—equivalent to about two per cent of Nigeria’s Gross Domestic Product (GDP)—was spent outside the approved budget, describing the reports as inaccurate and misleading. In a statement issued on Sunday, the Federal

NEWS

Finance Ministry Approves Payments to 1,240 Contractors

Daily Dispatch June 8, 2026

…Targets SMEs and Local Businesses The Federal Ministry of Finance has approved payments to more than 1,240 contractors across Nigeria, in a move aimed at boosting liquidity for businesses and fulfilling the Federal Government’s outstanding financial obligations. According to a statement issued by the ministry, the approval was granted following a comprehensive

FEATURES

Deficits, Debt and Economic Literacy: A Response to Nigeria’s Fiscal Critics

Daily Dispatch May 16, 2026

By Tanimu Yakubu Those who speak glibly about deficits, debt and fiscal expansion often reveal not economic sophistication, but economic illiteracy disguised as moral outrage. Much of today’s opposition rhetoric confuses accounting identities with ideological slogans and mistakes macroeconomic intervention for recklessness. A modern economy is not managed through market

LEAD STORY 2

Tinubu Meets Global Investors in Paris, Promises Transparency and Fiscal Discipline

Daily Dispatch May 5, 2026

President Bola Ahmed Tinubu has engaged top global investors in Paris, reaffirming his administration’s commitment to transparency, fiscal discipline, and sustained economic reforms aimed at stabilising Nigeria’s economy. At the high-level meeting, the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, highlighted Nigeria’s economic performance,

LEAD STORY 1

Taiwo Oyedele Presides Over FAAC

Daily Dispatch April 22, 2026

….Shares Record ₦2.036 Trillion for March 2026 Second Time in 2026 Disbursements Top ₦2 Trillion Mark. Incoming Coordinating Minister of the Economy, Taiwo Oyedele, chaired his first FAAC meeting in his new ministerial role, overseeing the allocation of ₦2.036 trillion in Federation Account revenue for March 2026. This marks the second time this year that […]

NEWS

Finance Ministry Rejects “Hidden Spending” Claims, Defends Nigeria’s Fiscal Transparency

Daily Dispatch April 19, 2026

The Federal Ministry of Finance has dismissed recent media reports alleging hidden spending and diversion of federation revenue, describing such claims as a misinterpretation of findings from the World Bank’s latest Nigeria Development Update. In a press statement signed by the Honourable Minister of State for Finance, Taiwo Oyedele, the ministry clarified that the reports