General
Buhari Gets Ultimatum to Probe Spending of Ecological Fund
By Adedapo Adesanya
President Muhammadu Buhari has been given a deadline by the Socio-Economic Rights and Accountability Project (SERAP) to investigate the spending of Ecological Fund by governments at all levels—federal, state and local- from 2001 to date.
In a letter dated October 22, 2022, the group asked Mr Buhari to direct the Attorney General of the Federation and Minister of Justice, Mr Abubakar Malami, and the appropriate anti-corruption agencies to look into how the funds have been spent for the last 21 years within seven days.
This became imperative following the ravaging floods in most states of the federation, which have claimed more than 600 lives and have rendered many homeless.
SERAP said it was worried that the huge amount of money released to state and local governments to tackle this issue had been squandered by officials.
The organisation wants “suspected perpetrators of corruption and mismanagement [to] face prosecution as appropriate, if there is sufficient admissible evidence, and any missing public funds should be fully recovered.”
In the open letter signed by its deputy director, Mr Kolawole Oluwadare, the organisation said: “trillions of ecological funds have allegedly gone down the drain. The resulting human costs directly threaten human rights – rights to life and to a place to live – rights that your government has an obligation to protect.”
The rights body said, “Irrespective of the cause of a threat to human rights, your government still has positive obligations to use all the means within its disposal to uphold the human rights of those affected.”
SERAP also said, “Although ecological funds are shared across the three tiers of government and emergency management agencies, the funds are managed and supervised by the Federal Government.”
It reminded Mr Buhari that his “government has the legal obligations to hold all tiers of government and emergency management agencies to account, and to trace, find, and recover any missing ecological funds.”
“Your government has the legal obligations to address the calamitous consequences of flooding for the human rights of millions of people and to prevent and address some of the direst consequences that climate change may reap on human rights, especially given the disproportionate impact on vulnerable people and communities.
“Your government must use all means available to it to prevent and address the threats to human rights that result from climate change and to provide access to effective remedies for victims when these rights are violated.
“Your government has a positive obligation to protect individuals against the threat posed to human rights by climate change, regardless of the causes.
“Your government also has legal obligations to effectively address the aftermath of the flooding, such as deterioration in health, diminishing access to safe drinking water and susceptibility of the areas affected to disease.
“We would be grateful if the recommended measures are taken within seven days of the receipt and/or publication of this letter. If we have not heard from you by then, SERAP shall consider appropriate legal actions to compel your government to comply with our request in the public interest.
“Climate change also has the potential to exacerbate existing threats to human rights in the country. Rising global temperatures will jeopardise many people’s livelihoods, increasing their vulnerability to poverty and social deprivation.
“In order to uphold its constitutional and international human rights obligations, your government must respond to the impacts of the flooding and of climate change generally.
“According to the audit of the Ecological Fund Office carried out by the Nigeria Extractive Industries Transparency Initiative (NEITI), the total amount allocated and received by the fund from December 2011 to November 2016 was N277 billion.
“The operations of the Fund from 2012 to 2016 reportedly showed that some of the disbursements were not utilised for the purpose for which it was established. During these periods, N74,170,932,645.20 was released to State Governments to solve ecological problems in their states.
“Impunity for corruption in the management of Ecological Fund will continue as long as high-ranking public officials go largely unpunished for their alleged crimes. By pursuing these allegations and taking the evidence before the court, the truth will be revealed and justice best served.
“SERAP is seriously concerned that years of allegations of corruption and mismanagement in the spending of Ecological Fund and entrenched impunity of perpetrators have undermined the ability of governments at all levels and emergency management agencies to prevent the impact of flooding on the human rights of socio-economically vulnerable Nigerians, and to respond to the problem effectively.
“Allegations of corruption and mismanagement have undermined the ability of authorities at all levels to invest in drainage systems and to tackle soil erosion and climate change challenges across several parts of the country.
“SERAP also urges you to direct Mr Malami and appropriate anti-corruption agencies to urgently identify and ensure access to justice and effective remedies to affected victims,” it said.
“SERAP also urges you to direct Boss Mustapha, Secretary to the Federal Government to publish details of allocations from the Ecological Fund to the Federal Government, the 36 state governments, Abuja, the 774 local government areas of the country, and the National Emergency Management Agency, as well as state emergency management agencies between 2001 to date.
“SERAP urges you to instruct the Economic and Financial Crimes Commission (EFCC) and Independent Corrupt Practices and Other Related Offences Commission (ICPC) to jointly track and monitor the spending of Ecological Fund by the 36 state governors, the 774 local government areas, as well as all emergency management agencies across the country funded through the Ecological Fund.
“SERAP is concerned that the funds released for ecological projects are characterised by mismanagement, diversion of funds, substandard and abandoned projects fully paid for. Ecological funds have also been allegedly spent for other purposes, such as election campaigns and political patronage.
“Prevention of corruption in the spending of Ecological Fund, and preventing and addressing the challenges caused by climate change are serious and legitimate public interests.
“There is a legitimate public interest in ensuring justice and accountability for alleged corruption and mismanagement in the management of Ecological Fund.
“Nigerians have the right to know how the public funds budgeted to address ecological challenges are spent. Publishing the details of allocations of Ecological Fund since 2001 would promote transparency, accountability, and reduce the risks of corruption in the spending of the funds,” SERAP added.
By Modupe Gbadeyanka
The Transmission Company of Nigeria (TCN) has confirmed the collapse of five transmission towers along the Ikot Abasi–Eket 132kV Double Circuit Transmission Line.
This was attributed to severe acts of vandalism, as TCN disclosed that the structure collapsed after vandals removed critical structural bracing members.
The affected towers were N9, J4, N10, N11 and N12, the organisation said in a statement on Friday.
It explained that the extensive damage was discovered during a routine joint line patrol conducted on August 9, 2026, by TCN linesmen.
Further inspection revealed that structural members from seven additional towers along the same transmission corridor had also been removed and stolen. The towers, J3, N8, N13, N14, N15, N18 and N19, are now structurally compromised and pose a risk of further collapse.
TCN condemned this act of sabotage and reiterated its commitment to working hard to maintain a robust and reliable national grid.
The statement said that to mitigate the impact on electricity supply, the network has been reconfigured to prioritise supply to Ekim transmission station, leaving Ibom Power as the only station without supply.
TCN said it is mobilising an urgent intervention to complete the reconstruction of the affected sections of the line, with security agencies also notified to aid investigations and prevent further acts of vandalism along the line route.
By Adedapo Adesanya
The Speaker of the House of Representatives, Mr Tajudeen Abbas, has urged all relevant government agencies to promptly initiate actions for the full implementation of the Nigerian Ports Economic Regulatory Agency Act, 2026, following its signing into law by President Bola Tinubu.
The bill, sponsored by Speaker Abbas, was aimed at repealing the Nigerian Shippers’ Council Act, Cap. N133, Laws of the Federation of Nigeria, 2004, and establish the Nigerian Ports Economic Regulatory Agency to ensure effective economic regulation of Nigerian ports while safeguarding the interests of shippers, service providers, and users of regulated port services. With the President’s assent, it has now been enacted as an Act of Parliament.
The legislation represents one of the landmark achievements of the 10th National Assembly. It reflects the Speaker’s commitment to legislative excellence, institutional reform, and sustainable economic growth, according to a press statement by the Special Adviser on Media and Publicity to the Speaker, Mr Musa Krishi.
The bill underwent a rigorous and inclusive legislative process, including extensive stakeholder consultations and a public hearing. It was passed by both Chambers of the National Assembly and subsequently assented to by the President.
The Act provides a robust legal and institutional framework to ensure effective economic regulation of Nigerian ports by fostering transparency, competitiveness, and efficiency in port operations; protecting the rights and interests of shippers, service providers, and other port users; and aligning Nigeria’s port regulatory system with global best practices, thereby enhancing the ease and cost-effectiveness of doing business.
Despite receiving presidential assent, the Act has yet to be fully operationalised.
He warned that any further delay would undermine the legislative intent of the reform, prolong the exposure of port users to arbitrary charges and operational inefficiencies, and deny the nation the anticipated benefits of increased revenue, improved trade facilitation, and stronger investor confidence in the marine and blue economy sector.
The Speaker urged the Federal Ministry of Marine and Blue Economy, in collaboration with all relevant Ministries, Departments and Agencies (MDAs) of the federal government, to take the necessary administrative, institutional, and financial measures for the prompt implementation of the Act.
He said this should include the formal transition to, as well as operational empowerment of, the Nigerian Ports Economic Regulatory Agency to discharge its statutory mandate effectively.
The full implementation of the Act is critical to unlocking the economic potential of Nigeria’s ports, reducing the cost of doing business, strengthening trade competitiveness, and positioning Nigeria as the leading maritime and logistics hub in West and Central Africa.
The statement noted that the Speaker reaffirmed the 10th House’s commitment to exercising the necessary legislative oversight to ensure this landmark legislation, along with others assented to by the President, is fully implemented and achieves its intended goals for the benefit of the Nigerian people.
By Adedapo Adesanya
The Federal Ministry of Youth Development (FMYD), through the Nigerian Youth Academy (NiYA), has partnered with Cascador, a Nigeria-focused platform for growth-stage founders, to provide funding and support for the next generation of Nigerian youth entrepreneurs.
The announcement coincides with International Youth Day 2026, whose global theme this year — Different Contexts, Common Aspirations — calls on institutions to close the gap between young people’s circumstances and their opportunities. The pilot is an early step toward NiYA’s broader ambition to train and empower 7 million Nigerian youth within two years.
The NiYA and Cascador Founders Programme will begin with a pilot cohort of 20 early-stage Nigerian youth founders, including entrepreneurs without formal business registration or established financial records.
Over four weeks, participants will undergo intensive training focused on business fundamentals, investment readiness and pitch preparation. At the end of the programme, the eight top-performing founders will receive non-dilutive funding of up to N5 million each from Cascador, alongside an Enterprise Resource Planning (ERP) solution to help them structure, manage and scale their businesses.
The funding and support will be presented at a Pitch Day organised by NiYA and the Federal Ministry of Youth Development.
The Minister for Youth Development, Mr s Ayodele Olawande, said the partnership would enable NiYA to move beyond training by helping young people transform ideas into investable businesses and achieve sustainable economic participation through business preparation and access to capital.
“The pilot is deliberately designed to test a model that can go beyond one cohort. If young founders can be identified early, prepared properly, connected to credible capital and supported to build stronger business systems, then access to opportunity becomes less dependent on background or existing networks. That is the larger objective: to build a youth entrepreneurship ecosystem in which readiness, ideas and execution can increasingly determine who gets the opportunity to grow.”
The pilot will run in-person in Abuja with virtual touchpoints and 1:1 mentorship. All 20 graduates retain NiYA alumni status, with priority consideration for future opportunities.
NiYA and FMYD have already shown what real commitment to Nigeria’s youth looks like — the platforms, the reach, the ambition to train millions. What we’re building together now is the missing piece, a practical bridge from the ideation stage to real capital-readiness. When a Ministry so dedicated to its young people asked Cascador to help build that bridge, it was an easy decision,” said Trish Thomas, CEO of Cascador.
Ms Oyin Solebo, COO of Cascador and former Managing Director of the ARM Labs Lagos Techstars Accelerator, highlighted the partnership’s impact, saying, “This is what innovative capital deployment looks like: a government building real investment readiness at scale, and a partner meeting that foundational work with non-dilutive funding at exactly the moment it’s needed. Partnerships like this open doors that neither of us could open alone.”
