Akwa Ibom publishes Q2 budget report but fails to show where trillions went — BudgIT

The Akwa Ibom State government recently released its budget performance report for the second quarter of the fiscal year. Despite the publication, the civic organization BudgIT has raised concerns regarding the transparency of the document, noting that it lacks sufficient detail to account for the trillions of naira in revenue received by the state.

According to the assessment, the current level of disclosure prevents citizens from effectively tracking government expenditures. The report highlights a gap between the state's financial reporting and the requirements for public accountability, leaving the specific allocation of these funds unclear to the public.