News
SERAP Asks Court to Slash Allowances of Buhari, Others
Socio-Economic Rights and Accountability Project (SERAP) has asked the Federal High Court in Abuja “to order the Revenue Mobilization Allocation and Fiscal Commission (RMAFC) and the National Salaries, Incomes and Wages Commission (NSIWC) to perform their statutory functions to review downward the remuneration and allowances of President Muhammadu Buhari, Vice-President Yemi Osinbajo, 36 governors and members of the National Assembly”.
L-r: Vice-President Yemi Osinbajo and Muhammadu Buhari,
SERAP is arguing that “slashing jumbo pay for these high-ranking political office-holders would reduce the unfair pay disparity between political officer holders and judicial officers, address the persistent poor treatment of judges, and improve access of victims of corruption to justice and effective remedies”.
In the suit number FHC/ABJ/CS/658/2021 filed on Friday, SERAP is seeking: “an order of mandamus to direct and compel the RMAFC to send its downward review of the remuneration and allowances of these high-ranking public office holders and recommendations to the National Assembly for appropriate remedial and legislative action, as provided for by the Nigerian Constitution 1999 [as amended].”
The suit was filed on behalf of SERAP by Kolawole Oluwadare and Ms Adelanke Aremo, its lawyers.
SERAP is also seeking “an order of mandamus to direct and compel the RMAFC to perform its mandatory constitutional duty to urgently review upward the remuneration, salaries, and allowances, as well as the conditions of service for Nigerian judges.”
Joined in the suit as respondents are Ahmad Lawan, Senate President; Femi Gbajabiamila, speaker of House of Representatives, for themselves, and on behalf of all members of the Senate and House of Representative; and the National Judicial Council.
According to SERAP, while high-ranking political office-holders continue to enjoy lavish allowances, including life pensions, and access to security votes, which they have powers to spend as they wish, the remuneration and allowances of judges are grossly insufficient to enable them to maintain themselves and their families in reasonable comfort.
“The huge pay disparity between these high-ranking political officer-holders and judges is unfair, unjust, and discriminatory, especially given the roles of judges to the people and the country,” it said.
“While government reviewed upward the salaries and allowances of political office holders on four occasions between May 1999 and March 2011, the salaries and allowances of judicial officers were only reviewed twice during the same period.”
Prior to filing the suit, SERAP had written to the NSIWC about the matter and received confirmation about its powers.
“The NSIWC in a letter to SERAP admitted that it has powers to examine, streamline and recommend the salary scales applicable to each post in the public service but informed us to redirect our request to the RMAFC,” SERAP said.
“There is a legal duty upon the RMAFC to urgently review downward the remuneration and allowances of high-ranking political office-holders.”
As far as the legal and advocacy organisation is concerned, the current situation amounts to the unfair, discriminatory and unconstitutional treatment of judges.
“Despite their important roles and responsibilities, Nigerian judges are poorly treated, particularly when their remuneration, salaries, allowances, and conditions of service are compared with that of political office-holders. Judges should not have to endure the most poignant financial worries,” it said.
Beyond the disparity between the remuneration of judges and political office holders, SERAP’s suit is also based on the impact of the increase in cost of living and the importance of the roles played by judges, a role it considers as second to none with regard to providing justice and protecting human rights.
“As a safeguard of judicial independence, the budget of the judiciary ought to be prepared in collaboration with the judiciary having regard to the peculiar needs and requirements of judicial administration,” it said.
“The remuneration and pensions of judges must be secured by law at an adequate level that is consistent with their status and is sufficient to safeguard against conflict of interest and corruption.”
No date has been fixed for the hearing of the suit.
Development Bank of Nigeria (DBN) has awarded a total of N13 million in grants to three standout tech startups at the 2025 Techpreneur Summit held in Lagos, reinforcing its commitment to innovation and inclusive growth among Nigeria’s micro, small, and medium enterprises (MSMEs).
The winners include: BuyScrap, a digital marketplace for recyclable materials – N6 million; Qiqi Farms, which connects local farmers to hospitality and export markets – N4 million; Eco-Cyclers, a youth-led recycling initiative based in Enugu – N3 million
Alongside the grant awards, DBN also launched a new digital data asset, a first-of-its-kind platform aimed at enabling data-driven decisions within the MSME ecosystem.
The platform offers deep insights into business trends, sector-specific challenges, and growth opportunities—supporting smarter policymaking and targeted investments.
In his keynote address in Lagos, Tony Okpanachi, managing director/ CEO, DBN, described the event’s theme, “CTRL + SHIFT: Tech Empowered Movement for Naija,” as a strategic call to reimagine enterprise development in Nigeria.
“This isn’t just a keyboard shortcut,” he said. “It’s a mindset reset—powered by technology—to build a more inclusive, innovative, and resilient business landscape. From financing to innovation, DBN remains committed to enabling MSMEs to thrive.”
Okpanachi emphasized that the Summit aligns with DBN’s AMPLIFI Strategy, which integrates digital transformation, sustainability, and scalability into its core programs.
He highlighted initiatives such as the Digital Shift Workshops and the Eco-Innovation Challenge as key steps toward embedding innovation in Nigeria’s MSME sector.
Encouraging young innovators, he added: “The future belongs to those bold enough to imagine and build it. DBN is proud to support the ideas that will shape tomorrow.”
A major highlight was the unveiling of the DBN Data Asset—a digital platform designed to provide real-time, evidence-based insights into Nigeria’s MSME landscape.
The platform combines DBN’s proprietary data with external sources like the National Bureau of Statistics (NBS) to offer a comprehensive view of MSME performance by region and sector.
Jeremy Dan Okayi, DBN’s Head of Strategy, Policy & Innovation, described the platform as: “A reservoir of insight, potential, and direction—built on two years of collaboration and shared vision. This tool will support informed decision-making across the public and private sectors.”
News
FCCPC Shuts France, Belgium, and Italy Visa Centres in Abuja Over Alleged Consumer Rights Violations
In a bold enforcement action, the Federal Competition and Consumer Protection Commission (FCCPC), supported by the Nigeria Police Force and the Nigeria Security and Civil Defence Corps (NSCDC), has sealed off the visa application centres of France, Belgium, and Italy in Abuja over alleged consumer protection breaches and obstruction of regulatory investigations.
The affected centres—located at Mukhtar El-Yakub House in the Central Business District and operated by TLS Contact, a Teleperformance Company—were shut down following reports that they refused to accept formal correspondence from the FCCPC regarding a consumer complaint. The Commission cited further infractions, including obstruction of investigation and alleged assault of its officers during lawful duties.
Speaking to journalists at the scene, Mrs. Boladale Adeyinka, Director of Surveillance and Investigations at the FCCPC, explained: “This is an enforcement operation against TLS. On March 25, 2025, we served them a letter to address a consumer complaint, which they refused to accept. Instead, TLS officers assaulted our team, and in a subsequent visit on June 17, they also allegedly assaulted uniformed police officers.”
Citing Section 33 of the Federal Competition and Consumer Protection Act (FCCPA), Mrs. Adeyinka emphasized that failure to comply with Commission directives constitutes a criminal offense, punishable by imprisonment, fines of up to ₦20 million, or both.
TLS has been ordered to appear before the Commission on June 20, 2025, to provide testimony, submit evidence, and make formal depositions. The company may be held liable for any financial losses suffered by applicants due to the disruption of visa services.
Despite multiple requests for comment, management at TLS Contact declined to respond as of press time.
Adedapo Segun, chief financial officer (CFO), Nigerian National Petroleum Company Limited (NNPC), has explained why there is a missing sum of N210 trillion in the company’s audited financial statement spanning from 2017 to 2023.
According to Segun, the missing funds are cash calls requested by joint venture (JV) partners and settlement to the JVs.
He spokeat a session of the Senate Committee on Public Accounts chaired by Aliyu Wadada.
Segun was responding to an alarm raised by the committee over missing N210 trillion in NNPCL’s audited financial statement.
Recall that Wadada issued a one-week ultimatum to NNPCL to account for the missing N210 trillion.
Reacting, Segun said, “The N103 trillion and N107 trillion are made up of joint venture cash calls that have been requested by the JV operators and JV cash call payments made by NNPCL, which are yet to be reconciled because governance procedures were not done at that time.
“That is why you see the description reflecting those two items would be washed out because they are two sides of the same transaction, which is the cash calls by JV partners and the settlement by NNPCL.”
However, Habu Sadeik, a financial analyst, in a post on X on Thursday, said Segun’s response was unsatisfactory.
Saidik faulted NNPCL’s response about the fund discrepancies, noting that something is not right with the audited financial statement.
“Forget about the senators’ lack of knowledge.
“The CFO’s response is not satisfactory. Are you saying that cash calls worth hundreds of trillions are just appearing on your FS only in 2024 without 31 disclosure?
“If it’s a cash call, why hasn’t the disclosure said so?
“Which cash call is over 100 trillion?
“Something is definitely not right, and I hope they retrospectively correct that FS.
“Someone somewhere did a chef’s work,” he wrote on X.
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