- SERAP Sues Power Minister Over ₦128bn Missing Funds
- Suit follows Auditor General’s 2022 report on Nigeria’s power sector finances
- Group seeks court order compelling transparency and full disclosure of spending
The Socio Economic Rights and Accountability Project has filed a suit against the Minister of Power, Adebayo Adelabu, and the Nigerian Bulk Electricity Trading Plc over an alleged failure to account for ₦128 billion in public funds.
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EKO HOT BLOG reports that the action was instituted before the Federal High Court in Abuja, following findings contained in the 2022 audited report of the Auditor General of the Federation, which was made public on September 9, 2025. The suit, marked FHC ABJ CS 143 2026, was filed last Friday, according to a statement issued on Sunday by SERAP’s Deputy Director, Kolawole Oluwadare.
In the suit, SERAP is asking the court to issue an order of mandamus compelling the power minister and NBET to fully account for the alleged missing or diverted ₦128 billion. The organisation is also seeking an order directing the respondents to publish comprehensive details of how the funds were spent, including dates of disbursement, names of contractors or beneficiaries, and officials who authorised or participated in the transactions.
SERAP said the alleged failure to account for the funds comes amid persistent national grid collapses and unreliable electricity supply, which continue to impose severe hardship on Nigerians. The organisation argued that corruption in the power sector has deepened the country’s energy crisis, leaving citizens in darkness while electricity tariffs continue to rise.
According to SERAP, there is a strong public interest in ensuring accountability and transparency in the management of public funds allocated to the power sector. The group maintained that granting the reliefs sought would help address systemic corruption, improve electricity infrastructure, and reduce frequent grid failures.
The suit is being pursued by SERAP’s legal team, comprising Kolawole Oluwadare, Kehinde Oyewumi, and Andrew Nwankwo. It is anchored on provisions of the 1999 Constitution, the Freedom of Information Act, and international anti corruption conventions to which Nigeria is a signatory.
SERAP stressed that public institutions have a legal duty to ensure openness, accountability, and effective use of public resources. As of press time, no hearing date has been fixed.
