SERAP Urges Probe of ₦2.9bn Missing Funds in Key Agencies

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SERAP demands transparency in INEC Chairman appointment from Tinubu

ABUJA, Nigeria – The Socio-Economic Rights and Accountability Project call on President Bola Tinubu to investigate alleged diversion of ₦2.9 billion across key government agencies.

In a letter signed by Kolawole Oluwadare and made public on Sunday, the group urges accountability from the Nigerian Communications Satellite Limited and the Nigerian Nuclear Regulatory Authority.

“These allegations represent a grave violation of public trust,” the statement says.

SERAP also calls on Attorney General Lateef Fagbemi and anti-corruption agencies to launch a full investigation.

The group cites audit findings indicating unauthorised investments, missing funds and undocumented expenditures.

It further demands disclosure of beneficiaries linked to a ₦465 million transaction flagged as irregular.

SERAP warns that failure to act could undermine confidence in public institutions.

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