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SERAP Sues Minister, NBET Over Alleged Missing N128bn Power Funds


The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Minister of Power Adebayo Adelabu and the Nigerian Bulk Electricity Trading Plc. (NBET) over the alleged failure to account for the missing N128 billion from the ministry and the agency.

In the suit filed at the Federal High Court, Abuja on Friday, the group sought an order of mandamus to direct and compel Adelabu and NBET to account for the missing or diverted money.

The allegation followed the report published by the Auditor General on September 9, 2025. SERAP also sought an order of mandamus to direct Adelabu and NBET to disclose the details of how the money was spent, “including the dates of disbursement and the purported beneficiaries or contractors, who received the money as well as their registered business names and addresses”.

It further sought an order of mandamus to direct and compel them “to disclose the full names, official designations, and offices of all public officers who authorised, approved, or otherwise participated in the release” of the missing money.

The body said: “Nigerians continue to pay the price for the widespread and grand corruption in the power sector. There is a legitimate public interest in ensuring justice and accountability for these grave allegations.

“Granting the reliefs sought would contribute to tackling corruption in the power sector and addressing the persistent breakdown of transmission lines in the country, as well as improving access of Nigerians to regular and uninterrupted electricity supply.

“Granting the reliefs sought would also strike a blow against the impunity of those responsible for the missing or diverted public money meant to provide Nigerians with access to regular and uninterrupted electricity supply.” No date has been fixed for the hearing of the suit.



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