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SERAP Begs Buhari to Probe N17b Bribe Payment for 2015 Budget

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SERAP

By Modupe Gbadeyanka

A passionate appeal has been made to President Muhammadu Buhari to use his good office to investigate and prosecute beneficiaries of the N17 billion allegedly paid by the last administration to the National Assembly to enable them pass the 2015 Appropriation Bill.

In an open letter to the President, a group known as Socio-Economic Rights and Accountability Project, (SERAP) want the matter to be looked into.

In the letter, SERAP wants Mr Buhari to “direct the Attorney General of the Federation and Minister of Justice Abubakar Malami, SAN, and/or appropriate anti-corruption agencies to without delay investigate the alleged payment of N17 billion to the National Assembly as ‘election expenses’ of its members to pass the 2015 budget, and if there is relevant and sufficient admissible evidence, prosecute anyone suspected to be involved.”

In her book, former Minister of Finance, Mrs Ngozi Okonjo-Iweala, had said the last government bribed the parliament to pass the budget in 2015.

“N17 billion was forced into the budget for election expenses of members of the National Assembly with the agreement of its leadership. The funds became the price to pay to have the 2015 budget passed,” she had disclosed on page 80 of her book titled ‘Fighting Corruption is Dangerous.’

As a result of this disclosure, SERAP, in its letter, urged the president to “instruct the Attorney General and/or appropriate anti-corruption agencies to publish the report of any such investigation including the names of anyone that may have benefited from the public funds, and to ensure the recovery of proceeds of corruption.”

The group warned that it would “institute legal proceedings to compel your government to act in the public interest if these steps are not taken within 14 days of the receipt and/or publication of this letter.”

According to the letter dated June 1, 2018 and signed by SERAP deputy director, Mr Timothy Adewale, the organization said, “The allegation of budgeting N17 billion as election expenses of lawmakers suggests a fundamental breach of article 15 of the UN Convention against Corruption, which Nigeria has ratified. Using public funds as election expenses of lawmakers is contrary to the convention, which prohibits bribery and requires the authorities to ensure proper management of public affairs and public funds.”

SERAP noted that, “The illicit or improper nature of the election expenses is buttressed by the fact that the election of any lawmaker is a ‘benefit’ to him/her and not a matter of public interest or legitimate public spending, and implicitly amount to an abuse of legislative powers for private gain.”

“Allowing lawmakers to enjoy illicit benefits is an arbitrary or unjust exercise of executive functions. Facilitating N17 billion as election expenses has undercut access of millions of Nigerians to public services, as the funds could have been legitimately spent on services such as health, education, electricity supply or public transportation that those with few resources are dependent upon,” it added.

The statement read in part: “The required elements of the offence of bribery are those of promising, offering or giving something to a public official, such as the alleged N17 billion for election expenses of lawmakers. The allegation that the members of the executive allowed the National Assembly to have their way on the N17 billion also suggests giving the lawmakers an undue advantage to get the 2015 budget passed. The undue advantage or bribe also seemed linked to the official duties of lawmakers to induce the passing of the budget.”

“SERAP notes that the alleged N17 billion bribe has increased attention to the growing lack of transparency and accountability of the National Assembly, and the corresponding loss of trust and faith by Nigerians in the budgeting process and disillusionment in their lawmakers.”

“Investigating the allegation, identifying those suspected to be involved and ensuring that they are promptly brought to justice as well as ensuring recovery of any proceeds of corruption would help address the crisis of integrity in the National Assembly and contribute to improving public trust as well as promote access of Nigerians to an honest public service.”

“The ultimate object of any government is to promote good governance and the greatest happiness of the greatest number. This means stopping arbitrariness in the budgeting process, and in the use of public funds as well as replacing privilege with transparency and accountability that characterize a democratic society.”

“SERAP is concerned that the allegation of budgeting N17 billion for election expenses of lawmakers if proven would amount to gross violations of law, abuse of power, and bribery, and indeed, undermining the law-making and budgeting process. We urge your government to use this case as an opportunity to demonstrate its willingness to comprehensively address the endemic flaws and corruption in the budgeting process.”

“We note that the Attorney General is a defender of public interest and has the powers under Section 174(1) of the Constitution of Nigeria 1999 (as amended), to institute and undertake criminal proceedings against anyone suspected to be responsible for acts of corruption.”

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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FG, Honeywell Explore Sustainable Development Opportunities

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By Modupe Gbadeyanka

The federal government and the Honeywell Group are strengthening a partnership aimed at achieving sustainable development in Nigeria.

The company on Thursday held a meeting with the Minister of Interior, Mr Olubunmi Tunji-Ojo, in Abuja. Both parties explored ways to promote economic development, reaffirming the importance of public-private sector cooperation in advancing Nigeria’s development agenda and improving service delivery for citizens.

The Senior Adviser to the Honeywell Group, Mrs Oduwaye Nsidi-Sakiri, reaffirmed the organisation’s commitment to supporting national development through constructive engagement and collaboration.

“We commend the remarkable progress that has been made. These achievements are a reflection not only of leadership but also of the dedication and hard work of the entire team within the Ministry,” she said.

She explained that the visit reflected Honeywell Group’s longstanding tradition of maintaining proactive and constructive relationships with government institutions, regulatory agencies, and other key public-sector stakeholders. She further expressed the group’s willingness to explore opportunities for collaboration in support of government initiatives and national development objectives.

Also speaking, Honeywell Group Chief Operating Officer, Mrs Tomi Ayo-Tugbo, commended the Ministry for reforms that are delivering tangible improvements in the lives of Nigerians, reiterating the firm’s commitment to supporting the country’s growth and prosperity.

On his part, Mr Tunji-Ojo praised the company for its longstanding contributions to Nigeria’s economy and acknowledged the critical role of the private sector in driving economic growth, creating jobs, and supporting national development.

He further assured the delegation of the Ministry’s readiness to engage with stakeholders and collaborate with responsible corporate organisations in advancing initiatives that promote economic development, innovation, and improved service delivery.

The Minister emphasised that the reforms being implemented across the Ministry and its agencies are designed not only to improve operational efficiency but also to strengthen national security and enhance public confidence in government institutions.

“Our goal is to build institutions that work efficiently for the people. We are committed to creating systems that are transparent, technology-driven, and capable of delivering services in a manner that reflects the aspirations of a modern Nigeria,” he stated.

“The government cannot achieve sustainable development alone. Strong partnerships between the public and private sectors are essential to building a prosperous nation. We value organisations such as Honeywell Group that have consistently invested in Nigeria and contributed to the country’s growth over several decades,” Mr Tunji-Ojo added.

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FG Orders MDAs to Secure Funding Before Awarding Contracts

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By Adedapo Adesanya

The federal government has directed that no new public contracts should be awarded without first getting the funds, as part of efforts to improve project delivery across the country.

Director-General of the Bureau of Public Procurement (BPP), Mr Adebowale Adedokun, disclosed this on the sidelines of the Inaugural Hosting of The Procurement Evolution in Abuja on Thursday.

Mr Adedokun said President Bola Tinubu had approved measures to raise resources needed to settle outstanding obligations to contractors, describing timely payment as critical to an efficient procurement system.

“Mr President has given a directive on when funds should be raised to address the concerns of contractors who are yet to be paid. With this, procurement processes will be much better because payment is now tied to procurement.

“Meaning that no award will be further issued without resources or funding available. So these are the things that the President has asked us to do.”

The BPP boss said the government was also implementing 23 procurement reforms aimed at improving transparency, efficiency and value for money in public spending.

According to him, committees to drive the reforms will soon be inaugurated by the Secretary to the Government of the Federation (SGF).

He said the reforms were designed to ensure that Nigerians benefit directly through improved infrastructure, healthcare, education and better living conditions.

“The president wants Nigerians to feel the effects of this transformation by having good roads, good hospitals, good educational institutions, and a good living wage for all workers.”

The Secretary to the Government of the Federation (SGF), Mr George Akume, said public procurement remained central to the Tinubu administration’s Renewed Hope Agenda.

Mr Akume noted that ongoing reforms, including proposed amendments to the Public Procurement Act 2007, the Nigeria First Policy, Nigeria e-Marketplace initiative, community-based procurement and affirmative procurement programmes, were intended to strengthen local industries and promote economic inclusion.

The SGF, represented by Mr Abubakar Kana, Permanent Secretary, General Services Office, Office of the SGF, added that the reforms would enhance transparency, simplify procurement processes and leverage technology to improve service delivery and national development.

“As we move forward, our collective responsibility is very clear.

“We must ensure that procurement processes are simplified. without compromising accountability, that technology is fully leveraged to eliminate inefficiencies and that all stakeholders work collaboratively to achieve shared national goals.

“The federal government remains fully committed to supporting the Bureau of Public Procurement in driving these reforms and ensuring that public procurement becomes a catalyst for economic growth, infrastructure development and improved quality of life for all our citizens.”

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DisCos Collect N196bn in March, Miss N50bn of Billed Revenue

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Electricity Subsidy Q1 2024

By Adedapo Adesanya

Nigeria’s electricity distribution companies (DisCos) generated N196.13 billion in revenue in March 2026, despite billing customers a total of N246.43 billion during the month, according to the latest commercial performance report released by the Nigerian Electricity Regulatory Commission (NERC).

The figure represents a slight decline from the N196.68 billion collected in February, highlighting persistent challenges in revenue recovery across the power distribution segment, even as energy supplied to the grid continued to improve.

NERC’s March 2026 fact sheet showed that electricity billing rose by 1.71 per cent from N242.29 billion recorded in February, reflecting increased energy deliveries and customer charges. However, collection efficiency declined to 79.59 per cent from 81.17 per cent in the previous month, indicating that a significant portion of billed revenue remained uncollected.

The regulator disclosed that DisCos received 293.76 million kilowatt-hours of electricity during the review period, representing a 6.02 per cent increase compared to February. The development suggests a modest improvement in power availability across the distribution network.

Despite the increase in energy supplied, revenue recovery remains uneven across the industry. NERC reported that the average approved tariff for March stood at N124.30 per kilowatt-hour, while actual collections averaged ₦100.75 per kilowatt-hour, resulting in an overall revenue recovery efficiency of 81.05 per cent.

Among the eleven DisCos, Ikeja Electric emerged as the strongest performer, posting a revenue recovery efficiency of 99.30 per cent. Eko Electricity Distribution Company followed with 95.73 per cent, while Benin DisCo recorded 85.18 per cent.

At the lower end of the performance table, Kaduna Electric recorded the weakest recovery rate at 35.65 per cent. Jos DisCo and Yola DisCo also struggled, achieving recovery efficiencies of 53.53 per cent and 58.58 per cent, respectively.

Ikeja Electric also led in collection efficiency with 96.38 per cent, ahead of Benin DisCo at 90.97 per cent and Eko DisCo at 87.68 per cent. Kaduna, Jos and Yola remained the poorest performers in this category, underlining the persistent commercial and operational challenges facing power distributors in parts of northern Nigeria.

In terms of billing efficiency, Eko DisCo ranked first with 92.30 per cent, followed by Port Harcourt DisCo at 90.36 per cent and Ikeja Electric at 87.76 per cent. Yola DisCo recorded the lowest billing efficiency at 58.68 per cent.

The latest figures underscore the mixed realities within Nigeria’s power sector. While electricity supply and customer billing continue to improve, revenue collection remains a major obstacle to the financial sustainability of the industry.

Analysts note that stronger metering penetration, improved customer confidence, reduction in energy theft and more efficient collection systems will be critical if DisCos are to close the widening gap between electricity supplied, billed revenue and actual collections.

The March performance report comes as regulators and industry stakeholders intensify efforts to strengthen the commercial viability of the electricity market, attract fresh investment and improve service delivery across the country.

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