OMG!!!
Please read to the end!
A civil rights group called SERAP has taken the Minister of Power, Adebayo Adelabu, and the Nigerian Bulk Electricity Trading Plc (NBET) to court. The case was filed last Friday at the Federal High Court in Abuja.
The suit number is FHC/ABJ/CS/143/2026.
SERAP wants the court to force the minister and NBET to explain what happened to more than ₦128 billion that has gone missing from the power sector. This figure comes from the Auditor General's report for the 2022 financial year, which was published recently.
According to details in the report that SERAP quoted:
- Over ₦4.4 billion was sent to accounts for big hydroelectric projects ( Mambilla, Zungeru, and Kashimbilla ) but there is no proof the money was actually spent or that work moved forward on those projects.
- Another large chunk, around ₦95 billion or more, was meant for paying contractors to supply meters to millions of homes and businesses that still don't have them. Again, records show no clear evidence of the money being used properly or meters being installed as planned.
SERAP says this lack of proper records and accountability breaks Nigerian laws on public funds and the right of citizens to know how their money is spent. The group is asking the court for an order (called a mandamus) to make the minister and NBET release full details. This includes names and positions of everyone involved in handling the funds, plus all documents showing where the money went. The minister's side has already responded to earlier calls about this issue.
Adebayo Adelabu said the problems flagged in the 2022 audit happened before he was appointed as minister.
He made it clear that the missing funds did not occur during his time in office.
Say what!!??👀
ReplyDeleteCriminals everywhere. Most politicians steals with reckless abandon
ReplyDeleteSo this is where the over 150% hike in price of electricity bill went? OmG
ReplyDeleteNa wa o
ReplyDeleteDifferent person with the same pattern . In this Nigeria can't anyone effect the change we long for???
ReplyDeleteReminder: this government was sworn in May 2023. EFCC may want to look into the issues.
ReplyDelete🙄🙄🙄. It is well
ReplyDeleteHis response is weak and very unprofessional. Government is a continum. There should be records so this is no excuse. It's not about him but the running of the organisation. When govt agencies are chasing businesses, do they accept that the MD is new. They will be asking for 5 to 10 year back records and you must provide them. Even if it wasn't his time, he should provide records.
ReplyDelete