Headline
SERAP Sues Tinubu Over ‘Failure To Probe Missing $2.1bn, N3.1trn of Subsidy Payments’
Published
2 years agoon
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Editor
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Bola Ahmed Tinubu over “the failure to probe the allegations that USD$2.1 billion and N3.1 trillion public funds of oil revenues and budgeted as fuel subsidy payments are missing and unaccounted for between 2016 and 2019.”
The suit followed the grim allegations documented by the Auditor-General of the Federation in the 2016 and 2019 annual reports that the public funds are missing.
In the suit number FHC/L/CS/1107/23 filed last Friday at the Federal High Court in Lagos, SERAP is seeking: “an order of mandamus to direct and compel President Tinubu to promptly probe allegations that USD$2.1 billion and N3.1 trillion public funds are missing and unaccounted for between 2016 and 2019.”
SERAP is also seeking: “an order of mandamus to compel President Tinubu to direct the anti-corruption agencies to promptly probe fuel subsidy payments made by governments since the return of democracy in 1999, name and shame and prosecute suspected perpetrators, and to recover any proceeds of crimes.”
READ ALSO: Probe Missing $2.1bn, N3.1trn Of Subsidy Payments Or Face Legal Action, SERAP Tells Tinubu
SERAP is also seeking: “an order of mandamus to direct and compel President Tinubu to use any recovered proceeds of crime as palliatives to address the impact of the subsidy removal on poor Nigerians, and to put in place mechanisms for transparency and accountability in the oil sector.”
In the suit, SERAP is arguing that: “The allegations that US$2.1 billion and N3.1 trillion of public funds are missing and unaccounted amount to a fundamental breach of national anticorruption laws and the country’s international obligations including under the UN Convention against Corruption to which Nigeria is a state party.”
SERAP is also arguing that, “The Tinubu government has constitutional and international legal obligations to get to the bottom of these allegations and ensure accountability for these serious crimes against the Nigerian people.”
According to SERAP, “Directing and compelling President Tinubu to promptly probe, name and shame and bring to justice the perpetrators and to recover any missing public funds would advance the right of Nigerians to restitution, compensation and guarantee of non-repetition.”
SERAP is further arguing that, “Allegations of corruption in fuel subsidy payments suggest that the poor have rarely benefited from the use and management of the payments.”
The suit filed on behalf of SERAP by its lawyers, Kolawole Oluwadare, Ms Adelanke Aremo, Ms Valentina Adegoke, and Ayomide Johnson, read in part: “There will be no economic growth or sustainability without accountability for the human rights crimes.”
READ ALSO: SERAP Files Contempt Suit Against FG Over Failure To Recover Double Pay From Ex-governors
“Poor and socio-economically vulnerable Nigerians should not be made to continue to pay the price for the stealing of the country’s oil wealth while state and non-state actors pocket public funds.”
“According to the audited reports between 2016 and 2019 by the Auditor General of the Federation (AGF), the Nigerian National Petroleum Corporation (NNPC) failed to remit N663,896,567,227.58 into the Federation Account. The Auditor-General fears that the money may be missing.”
“The NNPC also reportedly failed to account for the allocation of crude oil to refineries in 2019. 107,239,436.00 barrels of crude oil were lifted as domestic crude without any document. The Auditor-General fears that the crude valued at N55,891,009,960.63 may have been diverted.”
“The NNPC in 2019 also failed to remit N1,955,354,671,268.66 and N55,157,702,848.74 of generated revenues into the Federation Account, contrary to Section 162(1) of the Nigerian Constitution 1999 [as amended]. The Auditor-General fears that the money may have been diverted.”
“The NNPC also failed to account for N4,572,844,962.25 of ‘domestic gas receipts’, thereby ‘reducing the distributable revenue in the Federation account.’ The NNPC also in 2019 failed to account for 22,929.84 litres of PMS pumped from refineries and valued at N7,056,137,180.00.”
“The NNPC also ‘illegally classified’ 239,800 barrels of crude oil valued at N5,498,045,220 as ‘crude oil losses.’”
“The Department of Petroleum Resources (DPR) in 2019 also reportedly failed to remit US$1,278,364,595.49 in revenue to the Federation Account. The money was deducted by the NNPC from the Oil and Gas Royalty assessed by the DPR.”
“The DPR in 2019 also deducted N19,840,081.29 as ‘stamp duty’ payments from contractors and consultants but the DPR instantly paid back the money to the contractors and consultants instead of remitting it to the treasury.
READ ALSO: Fuel Subsidy: ‘Suspend Disbursement Of $800m Loan To FG’, SERAP Tells World Bank
“The DPR in 2019 also paid N137,225,973.35 to contractors and consultants for various contracts and consultancies but failed to deduct stamp duty.
“The DPR also paid N11,856,088,271.92 as salaries for 2019 but failed to deduct N118,560,882.72 as contribution of 1% Industrial Training Fund (ITF). The DPR in 2019 also failed to transfer US$35,738,342.95 year balance.
“The DPR in 2018 also withdrew without any explanation US$759,387,755.10 from DPR Signature Bonus Account rather than paid the money into the Federation Account.”
“Subsidy records show that N443,940,559,974.80 was paid as total subsidy for 2016 but the money was not budgeted for. The payments were for outstanding Petroleum Support Fund (PSF) commitments for year 2015. However, there was no payment in 2016. Only outstanding payments for previous years 2014 and 2015 and interest payments were made in 2016.”
“The Auditor-General fears that the oil marketers that received the subsidy payments may not have been ‘eligible to draw from the Petroleum Support Fund as the Petroleum Products Pricing and Regulatory Authority (PPPRA) failed to provide any document on the payments.’”
“N39,141,210,181.74 was also paid from the Federation Account in 2016 to different Oil Marketers in 26 transactions, being Payments of Interest and Foreign Exchange Differential on Subsidy but without any document.”
READ ALSO: SERAP Sues Buhari Over Failure To ‘Reverse Unlawful Electricity Tariff Hike’
“The NNPC also made ‘zero profit’ and recorded ‘losses from its joint ventures in 2016. This is contrary to expectations that profits should be made from the joint ventures.’”
“The Ministry of Petroleum Resources, Abuja in 2016 paid N14,490,000.00 for the supply of 3 Nissan Almera Saloon vehicles 1.5 to the Ministry without proper documentation. The purchase of ‘the vehicles were made through direct procurement without competitive bidding by at least three companies, as required by Financial Regulations. There was no advertisement and bidding for this contract.’”
“Although ‘N12,442,500.00 was approved by the Bureau of Public Procurement for the vehicles, the Ministry made an overpayment of N2,047,500.00 to the car company.’”
No date has been fixed for the hearing of the suit.
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Headline
Again, Russia Claims Another Village In Ukraine’s Region
Published
1 day agoon
August 25, 2025By
Editor
The Russian army Monday claimed to have captured another village in Ukraine’s Dnipropetrovsk region, moving deeper into Ukrainian territory as peace efforts stall.
Russian forces are slowly but steadily gaining ground in costly battles for largely devastated areas in eastern and central Ukraine, normally with few inhabitants or intact buildings left.
Russia’s defence ministry said its forces had seized the settlement of Zaporizke in the region, which Russian troops recently advanced into for the first time in the three-and-a-half-year offensive.
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Kyiv denies that Russian troops have gained a foothold in the Dnipropetrovsk region, an important industrial hub.
After another push by US President Donald Trump to broker a Ukraine-Russia summit, hopes for peace dimmed when Russia last week ruled out any immediate meeting between presidents Vladimir Putin and Volodymyr Zelensky.
The central region of Dnipropetrovsk has previously been largely spared from fighting that has ravaged swathes of eastern and southern Ukraine, until Russia said its forces broke through in July.
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Dnipropetrovsk is not one of the five Ukrainian regions — Donetsk, Kherson, Lugansk, Zaporizhzhia and Crimea — that Moscow has publicly claimed as Russian territory.
Ukraine said Russia had launched over 100 drones Monday, killing a 37-year old civilian driver and wounding two people in the northeastern Sumy region.
Moscow said Kyiv had launched about two dozen drones targeting western Russia
Headline
US Comedian Reggie Carroll Shot Dead In Mississippi
Published
1 day agoon
August 25, 2025By
Editor
A United States comedian, Reginald “Reggie” Carroll, has been shot dead in Southaven, Mississippi.
The 52-year-old Carroll, widely known as the Knockout King of Comedy, was reportedly killed on Wednesday, August 20, 2025, after sustaining multiple gunshot wounds.
The Southaven Police Department confirmed the incident in a Facebook statement on Saturday.
“Southaven officers located one male victim suffering from gunshot wounds.
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“The officers and medical personnel provided life saving techniques but the individual succumbed to his injuries,” the statement partly read.
The victim was later identified as Carroll, a Baltimore native.
Police said one suspect was arrested and charged with his murder.
“One male is in custody and has been charged with the murder of Reginald Carroll.
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“Our thoughts are with the family of Mr. Carroll.
“Thank you to the community for their patience and understanding,” the department added.
The police further assured that there was no ongoing threat to residents, describing the case as “an isolated shooting.”
Carroll, who built his career in stand-up comedy, gained national recognition touring with Katt Williams and headlining his own showcase, Knockout Kings of Comedy.
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He also featured in the 2000 edition of Showtime at the Apollo, appeared on the UPN sitcom The Parkers alongside Mo’Nique and Countess Vaughn, and starred in the 2022 television film Rent & Go.
In 2023, he produced the stand-up special Knockout Kings of Comedy.
The Southaven Police Department disclosed that an investigation into his death is ongoing.
Headline
US Defends New Social Media Vetting For Nigerian Visa Applicants
Published
1 day agoon
August 25, 2025By
Editor
The U.S. Mission in Nigeria on Monday reaffirmed that the safety and security of the United States remain the cornerstone of its visa application and decision-making process.
The US said this following its directive last week that mandates Nigerians to disclose all social media usernames and handles used over the past five years as part of the visa application process.
US Mission said Nigerian visa applicants must provide a comprehensive list of their social media profiles on the DS-160 visa application form, and warned that omitting the information could lead to visa denials.
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Reacting to the development, the Federal Government said US citizens intending to visit Nigeria will be subjected to the same measures.
“The best we can do is to carry out reciprocal action. Some people from the US might want to apply for a visa, and we will adopt the same measures,” spokesman of the Ministry of Foreign Affairs, Kimiebi Ebienfa, said last Monday.
However, in a statement released Monday on X, the US Mission said prospective visa applicants undergo careful vetting to maintain a safe and welcoming environment in the US.
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It said, “The safety and security of the United States is at the heart of every #USVisa application and decision process.
“That’s why prospective applicants undergo careful screening to ensure a safe and welcoming environment for all.”
The Mission added, “These measures help protect American citizens and communities while supporting secure and responsible travel.”
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