Thursday, 13 August 2026
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Nigeria fails fiscal transparency test for 2nd year — US Report

***Budget figures do not add up; audit office not independent — State Departmentl
***Says national budget vague on govt. revenue, expenditurel
***Budget implementation unclear, vague – BudgIT
By Emma Ujah, Abuja Bureau Chief, Johnbosco Agbakwuru & Nkiruka Nnorom 
Nigeria has failed the minimum fiscal transparency requirements for the second conse cutive year, with the U.S Department of State saying the country made no significant progress in improving its financial management and opening up its public finances in 2025.
In its 2026 Fiscal Transparency Report released Tuesday, the department assessed 139 governments and the Palestinian Authority, with only 73 meeting the minimum s...

Source: Vanguard News

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