By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Tuesday, May 12, 2026
9News Nigeria
  • HOME
  • EDITORIAL
  • POLITICS
  • NATIONAL
  • SPORTS
  • WORLD
  • BUSINESS
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
9News Nigeria9News Nigeria
Font ResizerAa
Search
  • Editorial
    • OPINION
  • Politics
  • National
    • Breaking News
    • Boko Haram
    • Crime and Investigation
    • Ohanaeze Ndigbo
  • Business
    • Nigerian economy
    • Investment
    • Finance
  • Sports
  • Entertainment
    • Celebrity
    • Entertainment and lifestyle
    • Hollywood
  • World
    • Africa
    • Asia News
    • Australia
    • Europe
  • About Us
    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us
Follow US
National

Serap sues Tinubu over unexecuted N167bn projects

Babatunde Adekanmbi
Last updated: February 9, 2025 4:04 pm
By Babatunde Adekanmbi
Share
6 Min Read
President Bola Tinubu
President Bola Tinubu
SHARE

The President of the Federal troopers Republic of Nigeria,President Bola Ahmed Tinubu have been Sue by Socio-Economic Rights and Accountability Project, SERAP, over the failure to probe and prosecute contractors who allegedly collected over N167 billion from 31 Ministries, Departments and Agencies, MDAs, but failed to execute any projects.

The Respondent joined the suit as the Attorney-General of the Federation and Minister of Justice, Mr Lateef Fagbemi, SAN.SERAP had asked Tinubu to direct the Minister of Finance and Coordinating Minister of the Economy, Olawale Edun, to probe the allegations.In the suit filed last Friday at the Federal High Court, Lagos, on behalf of SERAP by its lawyers, Kolawole Oluwadare and Ms Oluwakemi Agunbiade, the organization asked the court “to compel President Tinubu to direct Mr Fagbemi to bring to justice, as appropriate, any companies and contractors who collected over N167 billion of public funds from 31 MDAs but failed to execute any projects.“To compel President Tinubu to direct Mr Olawale Edun to publish the specific names of the companies and contractors who collected over N167 billion from 31 MDAs but failed to execute any projects, as documented in the 2021 Audited Report by the Auditor General of the Federation.

”SERAP also asked the court “to compel President Tinubu to direct Mr Olawale Edun to publish the details of the projects, such as the locations of the projects for which the contractors and companies collected N167bn, the amount collected by each contractor and company and the names of the shareholders.

AKSU Shines Nationally, Bags Two Prestigious JAMB Merit Awards
Ikot Ubo Rises Again as Obong I.J.T. Gamble FCA Emerges Village Head
31b fraud: Court Revokes Saleh Mamman’s Bail, Issues Bench Warrant for His Arrest
New Federal Institutions Will Drive Jobs, Education and Healthcare in Borno – Zulum

”In the suit, SERAP maintained that “ the allegations of corruption involving many companies and contractors who collected over N167 billion from 31 MDAs have continued to impair, obstruct and undermine the access of poor Nigerians to public goods and services.“Holding the companies and contractors who collected over N167bn from 31 MDAs but disappeared with the money would prevent and combat waste, fraud, and abuse in the spending of public funds.”According to SERAP, “There is a legitimate public interest in not shielding or allowing ingrained wrongdoing by companies and contractors to go unpunished.“Citizens feel the consequences of corruption on a daily basis.

Corruption exposes them to additional costs to pay for health, education and administrative services.Related NewsSERAP sues Tinubu over ‘failure to prosecute contractors in N167bn project fraud in MDAs’Umahi gives contractor 14-day ultimatum over Abuja-Keffi sectionAsset declaration: Tinubu must tell Nigerians the source of his wealth, by Olu Fasan“The allegations suggest a grave violation of the Nigerian Constitution 1999 (as amended), the country’s anticorruption legislation and international anticorruption obligations.

The suit read in part: “Granting the reliefs sought would ensure transparency and accountability in how any public funds are spent by MDAs, and reduce vulnerability to corruption and mismanagement.“The UN Convention against Corruption, to which Nigeria is a state party, contains requirements of integrity and honesty in economic, financial or commercial activities-both in the public and private sectors.“It also imposes obligations on the government to ensure that sanctions imposed for corruption on natural and legal persons are effective, proportionate and dissuasive.

“Ensuring the accountability of companies and contractors and the recovery of diverted public funds would improve public accountability in MDAs.“Government accountability to the general public is a hallmark of democratic governance, which Nigeria seeks to practice.“According to the 2021 annual audited report by the Auditor-General of the Federation published on Wednesday, 13 November 2024, thirty-one (31) ministries, departments and agencies (MDAs) paid over N167 billion [N167,592,177,559.40] to companies and contractors for contracts and projects not executed.

“The Nigerian Bulk Electricity Trading Plc. (NBET) alone reportedly paid N100 billion to companies and contractors for projects not executed.“Companies and contractors reportedly collected N100 billion from the Nigerian Bulk Electricity Trading Plc. (NBET) for contracts and projects not executed.”

“The thirty other MDAs including Nigerian Correctional Service; National Pension Commission, Abuja; Federal College of Land Resources Technology, Owerri; and Hydrocarbon Pollution Remediation Project (HYPREP) Office.“Others include: 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 Gasua; and Ministry of Niger Delta Affairs.“Accountability requires transparency. Nigerians’ right to a democratic governance allows them to appreciably influence the direction of government and have an opportunity to assess progress and assign blame.”Meantime, no date has been fixed for the hearing of the suit.

author avatar
Babatunde Adekanmbi
Babatunde Adekanmbi is a digital creator with a demonstrated history of working in the civic and tech industry Babatunde Adekanmbi holds an Ordinary National Diploma in Mechatronics Engineering and Higher National Diploma in Electrical Electronics Engineering Yaba College of Technology Yaba Lagos . A certified Autocadd specialist , Google Digital Marketer with featured articles on various digital news platform .
See Full Bio
Share This Article
Facebook Whatsapp Whatsapp Copy Link
What do you think?
Love0
Sad0
Happy0
Surprise0
Angry0
ByBabatunde Adekanmbi
Follow:
Babatunde Adekanmbi is a digital creator with a demonstrated history of working in the civic and tech industry Babatunde Adekanmbi holds an Ordinary National Diploma in Mechatronics Engineering and Higher National Diploma in Electrical Electronics Engineering Yaba College of Technology Yaba Lagos . A certified Autocadd specialist , Google Digital Marketer with featured articles on various digital news platform .
Previous Article 9NEWS NIGERIA; Will Creation Of More State Solve Nigeria’s Challenges ?, Political Stakeholder Reacts 
Next Article Ganduje declares APC will unseat Soludo in Anambra 2025 Governorship Election.
Search
– Advertisement –
Latest News
  • JAMB Waives UTME Requirement for Some NCE and ND Applicants May 12, 2026
  • AKSU Shines Nationally, Bags Two Prestigious JAMB Merit Awards May 11, 2026
  • TANSIAN UNIVERSITY ATTACK: Fada Ben Amuchie Unveils The Truth May 11, 2026
  • Ikot Ubo Rises Again as Obong I.J.T. Gamble FCA Emerges Village Head May 11, 2026
  • 31b fraud: Court Revokes Saleh Mamman’s Bail, Issues Bench Warrant for His Arrest May 11, 2026
  • Tinubu Establishes New Homeland Security Office, Appoints Retired Major General Fadewa as Adviser May 11, 2026
  • 2027 election: Rivers State APC disqualifies 65, clears 33 for primary, see full list May 11, 2026
  • New Federal Institutions Will Drive Jobs, Education and Healthcare in Borno – Zulum May 11, 2026
  • 2027: Why Governor Uzodinma’s Senate Comeback Matters May 11, 2026
  • ‎Amnesty International Advocates Independent Investigation Of Alleged Human Rights Violation At Tiger Base May 11, 2026
– Advertisement –
9News Nigeria
  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us
World News
  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Global Economy
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics
News Categories
  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • Sober House
  • National Security
Entertainment and Lifestyle
  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships

You May also Like

Breaking NewsHot News

BREAKING!!! “I Am Under Pressure to Run for Ebonyi Guber in 2027 ” – Says Dr Ezeh Emmanuel Ezeh

May 11, 2026
Sheik Isa Ali Pantami   Com­munications and Digital Economy Minister
NationalNigeria News

I Emerged Number One in All 13 Polls — Pantami 

May 10, 2026
National

30-year-old APC aspirant clears screening for Kaduna Reps seat

May 10, 2026
Tension in Borokiri Rivers State as Clash Erupts Between Tompolos Tantita Officers and Youths
Breaking NewsNational

Shots fired in clash between Tompolo’s men and Borokiri youths

May 8, 2026
AbujaBorno

Borno Pledges Support as Tinubu Appoints Leadership for Bama University

May 7, 2026
National

PDP crisis deepens as rival faction blast Wike over bank threats

May 7, 2026
Show More
  • More News:
  • Europe News
  • National News
  • Politics
  • 9News Nigeria - Nigeria Breaking News
  • Nigeria Politics
  • Sports
  • Imo state
  • Opinion
  • Events
  • National Security
  • Editorial
  • Inspiration
  • Trending news
  • Bible Messages
  • Religion
  • Jesus Christ the saviour
  • The Love of God
  • World News
  • Business
  • Crime and Investigation

9NEWS NIGERIA

  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us

NEWS CATEGORIES

  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • National Security

WORLD NEWS

  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics

ENTERTAINMENT AND LIFESTYLE

  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?