By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
PRIMA NEWSPRIMA NEWSPRIMA NEWS
Notification Show More
Font ResizerAa
  • Latest News
  • World
  • Business
  • Special Feature
  • Politics
  • Contact
  • About Us
Reading: SERAP sues Tinubu over unexecuted N167bn projects
Share
Font ResizerAa
PRIMA NEWSPRIMA NEWS
Search
  • Home
    • Sports
    • Entertainment
    • Technology
    • Latest News
    • Politics
    • Contact
    • About Us
  • Categories
  • Bookmarks
    • Customize Interests
    • My Bookmarks
  • More Prima
    • Blog Index
    • Sitemap
Have an existing account? Sign In
Follow US
PRIMA NEWS > Blog > Latest News > SERAP sues Tinubu over unexecuted N167bn projects
SERAP sues Tinubu over unexecuted N167bn projects
Latest News

SERAP sues Tinubu over unexecuted N167bn projects

Prima News
Last updated: February 9, 2025 10:47 am
Prima News
Published: February 9, 2025
Share
SHARE



The Socio-Economic Rights and Accountability Project has taken legal action against President Bola Tinubu over his alleged failure to prosecute contractors who received over N167bn from 31 ministries, departments, and agencies for projects that were never executed.

The lawsuit, filed last Friday at the Federal High Court in Lagos (suit number FHC/L/MISC/121/2025), also listed the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi, SAN, as a respondent.

This was detailed in a press release on Sunday titled, “SERAP Sues Tinubu Over Failure to Prosecute Contractors in N167bn Project Fraud in MDAs.”

The release, signed by SERAP’s Deputy Director, Kolawole Oluwadare, urges the court to compel Tinubu to direct the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, to publicly name the contractors involved and ensure their prosecution.

The organisation is also seeking a court order mandating Edun to publish details of the projects, including their locations, the amounts received by each contractor, and the identities of the shareholders.

“The allegations of corruption involving these contractors have continued to impair, obstruct, and undermine the access of poor Nigerians to essential public goods and services,” SERAP argued in its suit.

According to SERAP, the 2021 Audited Report by the Auditor-General of the Federation, published on November 13, 2024, revealed that 31 MDAs collectively paid over N167 billion for projects that were never carried out.

Notably, the Nigerian Bulk Electricity Trading Plc. alone reportedly disbursed N100 billion to companies for unexecuted projects.

Other MDAs implicated include:

  • Nigerian Correctional Service
  • National Pension Commission, Abuja
  • Federal College of Land Resources Technology, Owerri
  • Hydrocarbon Pollution Remediation Project (HYPREP) Office
  • Petroleum Technology Development Fund (PTDF)
  • Federal Ministry of Youth and Sports Development
  • Federal Medical Centre, Bida, Niger State
  • National Centre for Women Development
  • Institute for Peace and Conflict Resolution
  • National Business and Technical Examinations Board (NABTEB)
  • Federal University of Gashua
  • Ministry of Niger Delta Affairs

SERAP maintained that allowing companies and contractors to walk away with public funds unpunished amounts to a grave violation of the Nigerian Constitution, anti-corruption laws, and international obligations under the United Nations Convention against Corruption.

“Holding these contractors accountable would help prevent waste, fraud, and abuse in public spending,” SERAP stated.

“The consequences of corruption are felt by citizens daily. It forces them to bear additional costs for health, education, and administrative services,” the suit added.

SERAP emphasised that public accountability is a hallmark of democracy and that Nigerians deserve full transparency on how their resources are managed.

No date has been fixed for the hearing of the case.



Source link

Women in engineering seek more inclusion in extractive industry
Shettima tasks new NISO board to stabilise power grid
Senate proposes foreign currency ban for local transactions
Jigawa committee brokers peace between warring farmers, herders – Punch Newspapers
Nigerian NGO gets global recognition at Japan Expo
TAGGED:EdunMDAMDAsSERAPTinubu
Share This Article
Facebook Email Print

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!
Popular News
Gaza First Person: ‘The best of humankind in a place abandoned by humanity’
World

Gaza First Person: ‘The best of humankind in a place abandoned by humanity’

Prima News
Prima News
July 27, 2025
A Rivers Contrasts and Inequalities in the Arid Lands of Brazil — Global Issues
The Coming Battle Over the Arctic
Van Persie takes over as Feyenoord’s head coach
NAHCO records N12.8bn profit
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics

Categories

  • Politics
  • Sports
  • Business
  • Opinion
  • Health
  • Technology
  • Education
  • World

About US

We influence millions of users and Primanews is the number one World, business and technology news network on the planet.

Subscribe US

Subscribe to our newsletter to get our newest articles instantly!

© Prima News Network, All Rights Reserved...
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?