[CLSTR]
< Back to situation

[REVISION HISTORY]

SERAP challenges Nigerian public fund management

Updated 1 time since CLSTR started tracking revisions of this situation.

What changed

2026-10-18 11:23 UTC → 2026-10-26 06:16 UTC · added removed

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.

Versions

  1. 2026-10-26 06:16 UTC SERAP challenges Nigerian public fund management
  2. 2026-10-18 11:23 UTC SERAP challenges Nigerian public fund management

Only revisions since CLSTR began indexing content versions appear here. Select a version to see what changed compared to the one before it.