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Nigeria denies hidden spending claims, citing legitimate fiscal obligations and economic growth.
Nigeria’s Finance Ministry rejected claims of "hidden spending" and revenue diversion, calling recent media reports a misinterpretation of a World Bank report.
Officials clarified that FAAC deductions are legitimate fiscal obligations, not waste.
The government highlighted positive economic trends, including broad growth, lower inflation, and a surplus, and cited new reforms expected to boost revenues.
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Nigeria niega las afirmaciones de gastos ocultos, citando obligaciones fiscales legítimas y crecimiento económico.