Tinubu’s Budget Office Fails To Publish Q1 And Q2 2025 Budget Performance Reports, First Delay In 15 Years

Mayowa DurosinmiAugust 20, 20251 Mins read11

For the first time since 2010, Nigeria’s Budget Office of the Federation (BOF), under the Bola Tinubu-led regime, has failed to publish the statutory quarterly budget performance reports for both the first and second quarters of 2025.

The Q1 report is now four months and 20 days overdue, while the Q2 report has been delayed by one month and 22 days, according to checks on the Budget Office’s official website. This breach not only raises concerns about transparency in the management of public funds but also constitutes a violation of Sections 30 and 50 of the Fiscal Responsibility Act (FRA) 2007, which mandate the preparation and publication of quarterly budget implementation reports.

The unusual delay further erodes public trust in the government’s fiscal management and suggests a possible attempt to stall accountability. These reports are critical for Nigerian taxpayers, as they show how public funds are being spent on development projects across the six geopolitical zones.

Historically, budget performance reports have been made publicly accessible since 2009. The only exceptions were Q2 2010 and Q2 2020, which suffered similar delays. The current situation, therefore, marks the first double-quarter delay in 15 years.

A review of the Open Treasury Portal, tasked under the Office of the Accountant-General of the Federation (OAGF) to track daily, quarterly, and annual government spending, also shows no publication of the reports.

Under the FRA, the Minister of Finance, Wale Edun, bears direct responsibility for ensuring that quarterly reports are published “not later than 30 days after the end of each quarter.” The Act also requires that they be submitted to the Fiscal Responsibility Council and the Joint Finance Committee of the National Assembly within six months after the end of the financial year.

In failing to comply, the Tinubu administration has effectively left Nigerians uninformed for the past eight months about how their money is being spent.