General
N14trn Subsidy Savings: SERAP Drags Governors, Wike to Court
By Adedapo Adesanya
A lawsuit against has been filed against the 36 state governors and the Minister of the Federal Capital Territory (FCT), Abuja, Mr Nyesom Wike, over their failure to account for the spending of the N14 trillion fuel subsidy savings they allegedly collected from Federation Account Allocation Committee (FAAC).
The suit was filed by the Socio-Economic Rights and Accountability Project (SERAP) following reports that the 36 governors and the FCT minister have collected trillions of Naira from FAAC allocations as fuel subsidy savings since mid-2023.
However, the increased allocations have allegedly not translated into improved access to quality healthcare and education for poor and vulnerable Nigerians as promised.
In the suit number FHC/L/MSC/1424/2025 filed last Friday at the Federal High Court, Lagos, SERAP is asking the court to “direct and compel the governors and Mr Wike to disclose the details of the spending of the increased FAAC allocations being savings from the removal of fuel subsidy in May 2023.”
The organisation asked the court to compel the governors and Mr Wike to disclose details and the location of the projects executed, if any, with the increased FAAC allocations from the savings from the removal of fuel subsidy.
It noted that, “Opacity in the spending of the increased FAAC allocations from fuel subsidy savings collected by the governors and Mr Wike would continue to have negative impacts on the fundamental interests of the citizens,” arguing that the savings from the removal of fuel subsidy ought to be spent solely for the benefit of the poor and vulnerable Nigerians who are bearing the brunt of the removal.
The suit filed on behalf of SERAP by its lawyers Ms Oluwakemi Agunbiade and Ms Valentina Adegoke, also said, “There is a significant risk of mismanagement or diversion of funds linked to the increased FAAC allocations collected by the states and FCT.”
“The spending details of the money collected by several states and the FCT from fuel subsidy savings have been mostly shrouded in secrecy.
“Millions of poor and vulnerable Nigerians have not benefited from the trillions of naira collected by the governors and FCT minister from as a result of the subsidy savings. Nigerians continue to face a worsening poverty crisis,” the group alleged.
No date has been fixed for the hearing of the suit.
General
NIS Suspends Officers Over Extortion Allegations on Lagos-Seme Corridor
By Adedapo Adesanya
The Nigeria Immigration Service (NIS) has ordered the suspension of senior officers overseeing key commands along the Lagos-Seme corridor following allegations of extortion.
The suspension follows the circulation of online reports accusing immigration personnel at the busy border route of misconduct “bordering on extortion,” prompting immediate intervention from the agency’s leadership.
According to a spokesperson of the border controller, Akinsola Akinlabi, in a statement on Friday, April 10, the NIS Comptroller-General, Mrs Kemi Nandap, had “temporarily relieved the Comptrollers in charge of the affected Commands of their duties” pending the outcome of an ongoing investigation.
The service distanced itself from the alleged conduct, with Mrs Nandap condemning the actions in strong terms, describing the incidents as “unacceptable” and in “direct violation of the core values, ethics, and operational standards of the Service”.
According to the statement, a full-scale probe has been launched to uncover the extent of the нарушения, identify officers involved, and enforce sanctions without delay.
“The investigation will be comprehensive… ensuring appropriate disciplinary measures are applied with immediate effect,” the statement said.
While the probe continues, the Service sought to reassure the public of its commitment to professionalism at Nigeria’s borders.
“The service wishes to reassure the general public that it remains committed to delivering professional, transparent, and efficient services at all points of entry and exit,” it stated.
“It will not condone any act that undermines public trust or tarnishes the integrity of the service.”
The agency also called on Nigerians to report misconduct through its official complaint channels, including social media platforms and its 24-hour contact centre, noting that internal oversight mechanisms are being strengthened.
“The Nigeria Immigration Service remains resolute in its mission to serve with integrity, discipline, and professionalism while facilitating lawful migration,” the statement added.
General
NISO Working to Accelerate Grid Monitoring
By Adedapo Adesanya
The Nigerian Independent System Operator (NISO), the entity established to manage Nigeria’s electricity grid, has said that it was working to accelerate the implementation of the Supervisory Control and Data Acquisition (SCADA) to enhance grid monitoring.
The SCADA is a software and hardware system that enables industrial organisations to remotely monitor, control, and collect real-time data from machines and processes.
The Managing Director of NISO, Mr Abdul-Mohammed Bello, in a statement to outline some of the achievements the organisation recorded within one-year of its establishment, said efforts are being made to ensure completion to enhance the grid monitoring infrastructure, adding that this is in collaboration with the Nigerian Electricity Regulatory Commission (NERC).
”We are doing this to ensure that SCADA, which is a veritable tool for system operation, is completed.
“It is a work in progress, and we have also reached advanced stages in the deployment of the telemetry system across the grid at the electricity trading points,” he said.
Mr Bello said that the telemetry system would enhance the efficiency and effectiveness of the electricity market, thereby enabling settlements in real-time.
“This is very critical for us to have accurate data and management aspects of the system.
“We have also been able to install substantial IoT metering systems on most parts of the generating units and at the interfaces between transmission and generation, and substations,” he said.
Mr Bello said that the IoT application was an ongoing project that NISO was prioritising.
He said that when the project is completed before the end of the year, there would be visibility of the national grid from generation through transmission lines, substations, and distribution.
“We are going to make sure that the approved transmission expansion plan is religiously implemented to add value to the system,” he said.
He also said that the board of NISO had been able to strengthen and execute Institutional development in the electricity regulatory sector.
He said that the system operator had prioritised the building of a strong and credible institution over the past year, and had already established governance and management structures to support independent system operations.
“We have been able to establish governance and management structures to support independent system operations both at the board level and at the management level.
“We have also strengthened institutional coordination across the electricity value chain, from generation to transmission, distribution, and energy cost management. This is to foster a culture of accountability, professionalism and performance throughout the sector value chain,” he said.
General
Our Chairman Mofid Karameh Not Involved in Any Illegal Activity—Mikano
By Modupe Gbadeyanka
Mikano International Limited has refuted allegations linking its chairman, Mr Mofid Karameh, to criminal activity.
In a statement on Friday, the company described as false a report by an online news platform that Mr Karameh was involved in, investigated for, or associated with illegal activity.
“These claims are entirely unfounded, baseless, and defamatory,” the firm said, describing such allegations as “a gross misrepresentation of his character and the values he upholds.”
“For more than three decades, Mikano International Limited has built a solid reputation grounded in integrity, transparency, and responsible business conduct across Nigeria and beyond.
“We take this reputation seriously and are deeply concerned by the dissemination of unverified information capable of misleading the public and unjustly harming both personal and corporate credibility.
“We urge our partners, clients, and the general public to disregard the report in its entirety,” the statement made available to Business Post said.
Mikano said it was “currently reviewing all available legal options and will take appropriate action to defend the reputation of our chairman and the organisation.”
“We remain steadfast in our commitment to excellence across all sectors in which we operate and sincerely appreciate the continued trust and support of our stakeholders,” it stressed.
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