The United States Government has said that the Nigerian government is not making significant progress in fiscal transparency, stating that its budget documents did not provide sufficient information on the country’s revenues and expenditures or adequately break down spending for executive offices.
This is contained in the US Department of State’s 2026 Fiscal Transparency Report, published on Tuesday.
According to the report, although Nigeria made some key fiscal documents publicly available, it failed to provide a comprehensive picture of government revenues and expenditures.
The report equally raised concerns over discrepancies between Nigeria’s approved budget and its actual implementation.
It also condemned Nigeria’s supreme audit institution, saying it did not meet international standards of independence or publish substantive reports, despite having access to the entire executed budget.
On public procurement, the US government said Nigeria continued to face transparency challenges, particularly regarding access to information on government contracts.
“Actual revenues and
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