The Socio-Economic Rights and Accountability Project (SERAP) has formally requested President Bola Tinubu to initiate a thorough investigation into the alleged misappropriation of over N57 billion from Nigeria's Federal Ministry of Humanitarian Affairs and Poverty Alleviation.
This request is based on findings from the 2021 annual audited report by the Office of the Auditor-General of the Federation, which revealed that funds intended for monthly stipends for Batch C1 N-Power volunteers and non-graduate trainees between August and December 2021 were not directly paid to the beneficiaries.
The Auditor-General expressed concerns that these funds "may have been diverted," urging their recovery and remittance to the treasury, alongside sanctions for those responsible in accordance with Financial Regulations.
SERAP's call to action, articulated in a letter dated November 23, 2024, and signed by Deputy Director Kolawole Oluwadare, emphasizes the need for accountability and justice.
The organization has urged President Tinubu to direct the Attorney General of the Federation and Minister of Justice, Mr. Lateef Fagbemi, along with relevant anti-corruption agencies, to conduct a comprehensive investigation into these allegations. SERAP insists that any individuals found culpable should face prosecution if there is sufficient admissible evidence.
This case is part of a broader pattern of financial discrepancies within Nigerian government institutions, as highlighted by reports of hundreds of billions of naira missing from various ministries, departments, and agencies (MDAs). SERAP underscores the public interest in addressing these issues, noting that "the allegations amount to stealing from the poor," and stressing the impact of corruption on impoverished Nigerians.
In addition to seeking justice for the alleged misappropriation, SERAP recommends that any recovered funds be used to address the deficit in the 2025 budget. They also propose an immediate moratorium on government borrowing to help alleviate Nigeria’s mounting debt crisis. These measures aim to enhance financial accountability and transparency within the government.
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