Why US report on Nigeria’s fiscal policy is faulty – Analyst, Ude

Reacting, Ude said the US report should not be treated as a complete assessment of Nigeria’s fiscal performance.

“The US report, released on Tuesday, said Nigeria failed to meet the minimum requirements for fiscal transparency for the second consecutive year and made no significant progress in improving its financial management in 2025.

“The fact that the report acknowledges the publication of the enacted budget, end-of-year report and debt information demonstrates that there are functioning transparency mechanisms within the system.

“We are not arguing that Nigeria has achieved perfection in fiscal transparency. There are gaps that must be addressed, particularly around procurement disclosure, audit effectiveness and the timely publication of some fiscal documents,” Ude stated.