SERAP Urges President Tinubu to Probe Alleged ₦2.9 Billion Disappearance

Call for Investigation

The Socio-Economic Rights and Accountability Project (SERAP) has formally called upon President Bola Tinubu to launch a comprehensive investigation into the alleged disappearance of ₦2.9 billion from two government agencies. The organization, known for its advocacy regarding transparency and human rights in Nigeria, argues that the missing funds represent a significant breach of public trust and financial regulations.

Details of the Allegations

According to reports, the funds in question were reportedly unaccounted for within two specific government bodies. SERAP has emphasized that the failure to properly track and report these expenditures undermines the administration's stated commitment to anti-corruption efforts. The organization is seeking clarity on the following points:

• The specific agencies involved in the alleged financial discrepancy.
• The timeline during which the funds were reported missing.
• The identities of officials responsible for the oversight of these accounts.

In its correspondence, SERAP stated, 'The alleged disappearance of ₦2.9 billion of public funds suggests a serious lack of accountability and transparency. We urge the President to ensure that those responsible are held to account and that the funds are recovered.'

Demands for Accountability

SERAP has requested that the President direct the Attorney General of the Federation and relevant anti-corruption agencies to conduct a thorough audit. The organization maintains that such actions are necessary to uphold the rule of law and to ensure that public resources are utilized for the benefit of the Nigerian citizenry. As of now, there has been no official response from the presidency regarding the specific request for an investigation into these particular agencies.

Context of Anti-Corruption Efforts

This demand is part of a broader effort by civil society organizations in Nigeria to demand greater fiscal responsibility from government institutions. SERAP has frequently utilized legal and advocacy channels to challenge the management of public funds, aiming to strengthen institutional integrity and reduce the prevalence of financial misconduct within the public sector.