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3 clusters · 23 sources · 22 days · First seen · Last updated

SERAP challenges Nigerian public fund management

Overview

The Socio-Economic Rights and Accountability Project (SERAP) has initiated multiple legal and advocacy actions regarding the alleged mismanagement of public funds in Nigeria.

In early October 2026, SERAP called on President Bola Tinubu to investigate the alleged mismanagement of over ₦94.4 billion in petroleum funds. This demand followed an Auditor-General’s report concerning the Midstream and Downstream Gas Infrastructure Fund (MDGIF) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The audit raised concerns regarding the diversion or irregular expenditure of revenues from petroleum products, natural gas sales, and gas-flaring penalties. Specifically, the MDGIF allegedly failed to remit ₦26.549 billion in revenue from petroleum product sales between January 2022 and December 2024.

By mid-October 2026, SERAP expanded its focus to the electoral sector by filing a lawsuit against the Independent National Electoral Commission (INEC) at the Federal High Court in Abuja. The suit seeks the disclosure of details regarding over ₦126.46 billion appropriated for electoral operations, including the procurement of equipment and consultancy services. SERAP is requesting a full account of these funds to ensure they were used lawfully ahead of the 2027 general elections.

On October 25, 2026, SERAP filed a lawsuit against the Nigerian Federal Government at the ECOWAS Community Court of Justice regarding alleged irregularities in social protection programmes. The suit concerns the alleged diversion and failure to account for over ₦78.8 billion allocated to cash-transfer initiatives. Audit findings cited include ₦33.751 billion in unverified household transfers and ₦36.744 billion in payments made without prepayment audits.

Entities

Socio-Economic Rights and Accountability Project · Auditor-General of the Federation · Ministry of Humanitarian Affairs and Poverty Reduction · Nigerian Upstream Petroleum Regulatory Commission · Nigeria

Claims

What the coverage asserts, and how many sources carry each claim.

Timeline

  1. [POLITICS] 11 sources
    SERAP sues Nigerian government at ECOWAS Court over N78.8bn cash transfer irregularities

    SERAP has sued the Nigerian government at the ECOWAS Court over alleged irregularities involving N78.8 billion in cash-transfer funds intended for 3.2 million vulnerable households.

  2. [POLITICS] 8 sources
    SERAP sues INEC over ₦126bn in allegedly unaccounted electoral funds

    SERAP has sued Nigeria's INEC, seeking a court order to compel the commission to account for over ₦126.46 billion in allegedly mismanaged or unaccounted-for electoral operation funds.

  3. [POLITICS] 7 sources
    SERAP urges President Tinubu to probe ₦94.4bn petroleum fund mismanagement

    SERAP has urged President Bola Tinubu to investigate the alleged diversion and mismanagement of over ₦94.4 billion in petroleum funds involving the MDGIF and NUPRC.

Sources

247ureports.com · blueprint.ng · chronicle.ng · dailyreport.ng · dailytrust.com.ng · europesays.com · glamtush.com · iroyinyorubatv.com.ng · naijanews.com · nationalaccordnewspaper.com · nationaldailyng.com · newscentral.africa · parrotnewspaper.com · pointblanknews.com · punchng.com · realnewsmagazine.net · sagagist.com.ng · tdpelmedia.com · theglittersonline.com.ng · thetidenewsonline.com · thewhistler.ng · thisdaylive.com · worldstagenews.com

This summary has been updated 1 time: see revision history