ADC Demands Explanation for $12.4bn Discrepancy in Nigeria’s External Accounts

The African Democratic Congress (ADC) has raised concerns over a gap of $12.4 billion (approximately ₦16.5 trillion) in Nigeria’s external accounts, according to reports from THISDAYLIVE and Tribune Online. This discrepancy, equivalent to nearly a quarter of the 2026 national budget, has prompted the party to demand an explanation from President Bola Tinubu. The exact nature and causes of this discrepancy remain unclear, and the Tinubu-led administration has yet to address the issue publicly. The ADC’s call for transparency comes amidst ongoing debates about the management of the nation’s finances and economic growth. As the situation unfolds, EventsNigeria will continue to monitor developments and report on any updates.