General
SERAP Sues Tinubu Over Missing $2.1bn, N3.1trn Subsidy Payments
By Adedapo Adesanya
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Bola Tinubu over the failure of his government to probe the allegations that $2.1 billion and N3.1 trillion public funds of oil revenues and budgeted as fuel subsidy payments are missing and unaccounted for between 2016 and 2019.
In a statement on Sunday, SERAP Deputy Director, Mr Kolawole Oluwadare, said the suit followed the grim allegations documented by the Auditor-General of the Federation in the 2016 and 2019 annual reports that the public funds are missing.
SERAP is seeking, “An order of mandamus to direct and compel President Tinubu to promptly probe allegations that USD$2.1 billion and N3.1 trillion public funds are missing and unaccounted for between 2016 and 2019.”
In the suit number FHC/L/CS/1107/23 filed last Friday at the Federal High Court in Lagos, the group also seeks “an order of mandamus to compel President Tinubu to direct the anti-corruption agencies to promptly probe fuel subsidy payments made by governments since the return of democracy in 1999, name and shame and prosecute suspected perpetrators, and to recover any proceeds of crimes.”
It also wants the court to compel President Tinubu to use any recovered proceeds of crime as palliatives to address the impact of the subsidy removal on poor Nigerians and to put in place mechanisms for transparency and accountability in the oil sector.
“The allegations that $2.1 billion and N3.1 trillion of public funds are missing and unaccounted amount to a fundamental breach of national anti-corruption laws and the country’s international obligations, including under the UN Convention against Corruption to which Nigeria is a state party,” the statement read.
“The Tinubu government has constitutional and international legal obligations to get to the bottom of these allegations and ensure accountability for these serious crimes against the Nigerian people,” it added.
According to SERAP, directing and compelling President Tinubu to promptly probe, name and shame and bring to justice the perpetrators and to recover any missing public funds would advance the right of Nigerians to restitution, compensation and guarantee of non-repetition.
“Allegations of corruption in fuel subsidy payments suggest that the poor have rarely benefited from the use and management of the payments,” the group stated.
The suit filed on behalf of SERAP by its lawyers, Mr Oluwadare, Ms Adelanke Aremo, Ms Valentina Adegoke, and Mr Ayomide Johnson, read in part: “There will be no economic growth or sustainability without accountability for the human rights crimes.”
No date has been fixed for the hearing of the suit.
General
ICPC to Probe Farouk Ahmed Despite Dangote’s Petition Withdrawal
By Adedapo Adesanya
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has said it would continue the probe of a former Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr Ahmed Farouk, despite the withdrawal of the petition by Mr Aliko Dangote.
The agency said it had received a “notice of withdrawal” of the petition against Mr Ahmed, submitted by a legal counsel to the petitioner.
Recall that Mr Dangote had alleged that Mr Ahmed, a public servant, spent over $7 million in public funds on the education of his four children in different schools in Switzerland, allegedly paying fees upfront for a period of six years.
In December, the businessman demanded the arrest, investigation, and prosecution of the former MD for allegedly living above his means as a public servant.
In the petition, Mr Dangote listed the children and their schools in Switzerland, including the amount paid for each of them to establish his allegations and verification by the anti-graft agency.
Mr Ahmed denied the allegations, describing them as “wild and spurious”.
The ex-NMDPRA boss has since resigned from his position, prompting a withdrawal of the petition by the businessman.
However, the ICPC said in line with the provisions of sections 3(14) and 27(3) of its enabling law, it would continue to investigate the matter in line with its statutory mandate and in the interest of transparency, accountability, and the fight against corruption for the benefit of Nigeria.
“The Independent Corrupt Practices and Other Related Offences Commission (ICPC) is in receipt of a letter dated January 5, 2026, titled “Notice of Withdrawal of Petition against Engineer Farouk Ahmed,” submitted to the Commission by Dr. O.J. Onoja, SAN and Associates, legal counsel to Alhaji Aliko Dangote,” a statement by the spokesperson of the commission, Mr J. Okor Odey, partly read.
“The letter from O. J. Onoja SAN, states that the petitioner has withdrawn the petition dated 16 December, 2025, submitted against Engineer Farouk Ahmed, the immediate past ACE/CEO of the NMDPRA, in its entirety, and that another law enforcement agency has taken over.
“The ICPC wishes to state categorically that, in line with the provisions of sections 3(14) and 27(3) of its enabling Act, the investigations in the interest of the Nigerian people and the Nigerian state have already commenced and are presently ongoing,” the statement added.
General
Rivers Assembly Begins Impeachment Proceedings Against Governor Fubara
By Aduragbemi Omiyale
Members of the Rivers State House of Assembly have commenced impeachment proceedings against Governor Sim Fubara.
The exercise commenced on Thursday and if successful, it would see the removal of Mr Fubara from office by the state parliament.
This is coming less than less than four months after he was restored as the Governor of the oil-rich state from a six-month suspension on democracy in the state.
In March 2025, President Bola Tinubu suspected Mr Fubara and the Rivers State House of Assembly over political tension between the Governor and his predecessor, Mr Nyesom Wike, who is now the Minister of the Federal Capital Territory (FCT) Abuja.
A peace deal was reportedly brokered by Mr Tinubu between Mr Fubara and Mr Wike but things fell apart a few months after.
The Rivers Assembly is populated by loyalists of Mr Wike and has lawmakers from the All Progressives Congress (APC) and the People’s Democratic Party (PDP).
A few weeks ago, the Governor decamped from the PDP to the APC, in a move described as a masterstroke because it was calculated that it would free Mr Fubara from the grip of Mr Wike, who has been expelled from the PDP but yet to join the APC.
General
Dangote Withdraws Petition Against Ex-NMDPRA CEO Farouk Ahmed
By Modupe Gbadeyanka
The petition filed by Mr Aliko Dangote to the Independent Corrupt Practices and Other Related Offences Commission (ICPC) against the former chief executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr Farouk Ahmed, has been withdrawn.
The businessman had accused Mr Ahmed of using his office to enrich himself and living above his means.
According Mr Dangote, the former NMDPRA chief spent about $7 million belonging to Nigerians for the primary education of his four children in Switzerland.
In the heat of this, Mr Ahmed resigned from the position, with the ICPC promising to further look into the matter.
It was gathered that the owner of the Lagos-based Dangote Petroleum Refinery has withdrawn his petition against Mr Ahmed from the ICPC because a similar complaint is already being investigated by the Economic and Financial Crimes Commission (EFCC).
The ICPC, in a statement signed by its Head of Media and Public Communications, Mr John Okor Odey, on Wednesday said, “The ICPC is in receipt of a letter dated January 5, 2025, titled ‘Notice of Withdrawal of Petition against Engineer Farouk Ahmed’, submitted to the commission by Dr. O.J. Onoja, SAN and Associates, legal counsel to Aliko Dangote.
“The letter states that the petitioner has withdrawn the petition dated December 16, 2025, submitted against Engineer Farouk Ahmed, the immediate past ACE/CEO of the NMDPRA, in its entirety, and that another law enforcement agency has taken over.
“The ICPC wishes to state categorically that, in line with the provisions of Sections 3(14) and 27(3) of its enabling Act, investigations in the interest of the Nigerian people and the Nigerian state have already commenced and are presently ongoing.
“The ICPC will therefore continue to investigate this matter in line with its statutory mandate and in the interest of transparency, accountability and the fight against corruption for the benefit of Nigeria.”
-
Feature/OPED6 years agoDavos was Different this year
-
Travel/Tourism9 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz3 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking8 years agoSort Codes of GTBank Branches in Nigeria
-
Economy3 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking3 years agoFirst Bank Announces Planned Downtime
-
Banking3 years agoSort Codes of UBA Branches in Nigeria
-
Sports3 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn












