News
SERAP Calls on Govs, Wike to Account for N40trn LGA Allocations

Socio-Economic Rights and Accountability Project (SERAP) on Sunday called on the 36 state governors in Nigeria and Mr Nyesom Wike, minister of the Federal Capital Territory (FCT), Abuja, to “disclose details of federal allocations meant for Local Governments in your state and the FCT and the actual disbursement of the allocations to the local governments since the return of democracy in 1999.”

Nyesom Wike, minister of FCT
of FCT
SERAP also asked the Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the Economic and Financial Crimes Commission (EFCC) to investigate the actual disbursement and spending of federal allocations meant for local governments in states and the FCT since May 1999.
This was contained in a freedom of information request dated 27 January and signed by Kolawole Oluwadare, SERAP deputy director.
The organisation said Nigerians have the right to know the details of actual disbursement and spending of federal allocations in the states and the FCT.
The FOI request read in part: “We would be grateful if the recommended measures are taken within 7 days of the receipt and/or publication of this letter. If we have not heard from you by then, SERAP shall consider appropriate legal actions to compel you your state, and the FCT to comply with our requests in the public interest.
“Transparency would ensure that the allocations are not diverted into private pockets, and increase public trust that the money would be used to benefit Nigerians resident in these local government areas.
“SERAP is seriously concerned that years of allegations of corruption and mismanagement of federal allocations meant for local governments have contributed to widespread poverty, underdevelopment, and lack of access to public goods and services in several states.
“You have a legal responsibility to promote transparency and accountability in the actual disbursement and spending of federal allocations meant for local government areas in your state and to ensure that the allocations are fully disbursed to the local governments.
“According to our information, the 36 states in Nigeria and the federal capital territory, Abuja, have collected over N40 trillion in federal allocations meant for the 774 local government areas in the country and FCT.
“The Federation Account Allocation Committee (FAAC) disbursed to states N225.21 billion federal allocations meant for local governments in November 2023 alone. States also collected N258,810,449,711.47 federal allocations meant for local government areas in December 2023.
“However, there is opacity in the actual disbursement of federal allocations to the local government areas in your state. States and the FCT have over the years failed and/or refused to disclose the portion of federal allocations that are disbursed by state governors.
“SERAP notes that former president Muhammadu Buhari recently alleged that state governors routinely pocket or divert federal allocations meant for local government areas in their states.
“According to Buhari, ‘If the money from the Federation Account to the State is about N100 million, N50 million will be sent to the chairman but he will sign that he received N100 million.
“The chairman will pocket the balance and share it with whoever he wants to share it with.’”
News
JAMB Waxes Worriedly over Rising Digital Exam Fraud

Joint Admissions and Matriculation Board (JAMB) has called for radical and urgent interventions to curb the rising wave of sophisticated digital examination fraud in Nigeria.
JAMB warned that the trend can cause long-term damage to the country’s education system.
Prof. Is-haq Oloyede, JAMB Registrar, made this call during a recent event in Abuja, as reported in the JAMB Bulletin published Monday.
Oloyede described the evolving tactics employed by fraudsters during the 2025 Unified Tertiary Matriculation Examination (UTME) as “worrisome, highly sophisticated, and capable of jeopardising national development.”
“Malpractice is not only compromising learning and research, it is endangering our collective future,” Oloyede warned.
“There is an urgent need for decisive action on these new and disturbing developments. The public must not treat this menace with levity.”
He lamented that instead of addressing the growing problem, “some people are dissipating their energies on spreading unhelpful conspiracy theories and hatred, while our future is being jeopardised by a new crop of sophisticated digital fraudsters.”
The registrar detailed how high-level examination malpractices were uncovered during the 2025 UTME, leading to the withdrawal of some results and the arrest of several culprits nationwide.
According to him, JAMB discovered that certain Computer-Based Test (CBT) centres and school proprietors had colluded with hackers to gain remote access to candidates’ systems and submit pre-programmed answers to local servers at compromised centres.
Oloyede also highlighted the use of AI-enabled photo blending to impersonate candidates, noting that many of the impersonators were current undergraduates. Other fraudulent tactics included:
He said they also include registration with combined fingerprints through the combination of fingerprints from multiple persons for a single candidate’s registration.
He cited the extension of local area networks from some dubious centres to remote “strong rooms” as well as the pairing of candidates with professional mercenaries to gain access to the examination hall.
He revealed that over 3,000 candidates have been identified as either accomplices or beneficiaries of these crimes, stressing that many of them are university students already enrolled in institutions.
News
SERAP Sues NNPC over Alleged Missing ₦500Bn, Seeks Accountability

Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company (NNPC) Limited over its failure to account for the alleged missing ₦500 billion, which the company reportedly failed to remit to the Federation Account between October and December 2024.
SERAP’s legal action comes after allegations made by the World Bank, which revealed that out of the ₦1.1 trillion generated from crude sales and other income sources in 2024, NNPC only remitted ₦600 billion.
This left a deficit of ₦500 billion, which remains unaccounted for.
According to the lawsuit filed at the Federal High Court in Lagos on Friday, the organisation is demanding that NNPC explain the whereabouts of this missing amount.
The suit, number FHC/L/MSC/553/2025, seeks to compel NNPC to account for the missing funds.
In the legal documents, SERAP is asking for an order of mandamus to direct NNPC to account for the alleged missing ₦500 billion.
The organisation also wants the court to instruct NNPC to invite appropriate anti-corruption agencies to investigate the spending and whereabouts of the funds.
Furthermore, SERAP requests that those responsible for the missing money be identified, held accountable, and handed to relevant authorities for investigation and prosecution.
The lawsuit follows NNPC’s response to SERAP’s Freedom of Information (FoI) request, where the company argued that the FoI Act does not apply to it.
NNPC’s lawyers, Afe Babalola and Co, claimed that the company is exempt from the FoI Act.
SERAP, however, argues that the NNPC must comply with the Nigerian Constitution and the Freedom of Information Act, along with international human rights and anti-corruption standards, in exercising its statutory functions.
In the suit, SERAP emphasizes that the missing funds have significantly contributed to Nigeria’s economic instability, including the country’s high deficit spending and crippling debt crisis.
The organisation argues that the NNPC’s failure to remit these funds has worsened an already precarious economic situation.
SERAP also stresses that the missing oil revenues reflect a broader failure in NNPC’s accountability and transparency. The organisation highlights that the company’s continuing disregard for these principles damages the country’s economic well-being and governance systems.
The lawsuit also references a recent Supreme Court ruling, which declared that the Freedom of Information Act applies to public records in the Federation, including those kept by NNPC. SERAP calls on the court to enforce the application of this ruling in the case at hand.
The suit filed on behalf of SERAP by its lawyers, Kolawole Oluwadare, Ms Oluwakemi Oni, and Ms Valentina Adegoke, read in part, “Nigerians continue to bear the brunt of these missing public funds from the NNPCL meant for the economic development of the country.”
“There is a legitimate public interest in providing the details sought. The NNPC has a legal responsibility to account for and explain the whereabouts of the missing oil money.”
“The country’s oil wealth ought to be used solely for the benefit of the Nigerian people, and for the sake of the present and future generations.”
“Without the full recovery and remittance of the missing ₦500 billion oil revenues, the dire economic situation may worsen and Nigerians will continue to be denied access to basic public goods and services.”
“Nigerians have the right to know why the NNPCL failed to remit the subsidy removal savings to the Federation Account, and why the NNPCL is deliberately denying states and local governments their allocations from the Account, contrary to the provisions of the Nigerian Constitution.”
“The failure by the NNPCL to remit the money to the Federation Account is a grave violation of the public trust and the provisions of the Nigerian Constitution, national anticorruption laws, and the country’s anticorruption obligations.”
“Despite the country’s enormous oil wealth, ordinary Nigerians have derived minimal benefit from oil money primarily because of widespread grand corruption, and the entrenched culture of impunity of perpetrators.”
“Combating the corruption epidemic in the oil sector would alleviate poverty, improve access of Nigerians to basic public goods and services, and enhance the ability of the government to meet its human rights and anti-corruption obligations.”
“The Nigerian Constitution, Freedom of Information Act, and the country’s anti-corruption and human rights obligations rest on the principle that citizens should have access to information regarding the spending of their commonwealth.”
“The Auditor-General of the Federation and Nigeria Extractive Industries Transparency Initiative (NEITI) have for many years documented reports of disappearance of oil money from the NNPCL.”
“The World Bank recently disclosed that out of the N1.1tn revenue from crude sales and other income in 2024, the NNPCL only remitted N600bn, leaving a deficit of ₦500bn unaccounted for.”
“The revenue and other income were expected to be paid into the Federation Account and shared by all levels of government but the NNPCL reportedly failed to do so.”
“SERAP notes that Section 15(5) of the Nigerian Constitution requires public institutions to abolish all corrupt practices and abuse of power.”
“Section 13 of the Nigerian Constitution imposes clear responsibility on the NNPCL to conform to, observe and apply the provisions of Chapter 2 of the Constitution.”
“Nigeria has made legally binding commitments under the UN Convention against Corruption to ensure accountability in the management of public resources. Articles 5 and 9 of the UN Convention against Corruption also impose legal obligations on the NNPCL to ensure proper management of public affairs and public funds.”
“These commitments ought to be fully upheld and respected.”
“The missing oil revenue has also impeded Nigerians’ ability to enjoy their economic and social rights, and denied them access to essential public goods and services, especially at the time of the cost of living crisis in the country.”
“Had the NNPCL accounted for and remitted the alleged missing ₦500 billion to the Federation Account, it is likely that more funds would have been allocated to the fulfilment of economic and social rights, such as increased spending on public goods and services.”
“The Freedom of Information Act, Section 39 of the Nigerian Constitution, article 9 of the African Charter on Human and Peoples’ Rights and article 19 of the International Covenant on Civil and Political Rights guarantee to everyone the right to information on the whereabouts of the missing ₦500 billion of oil revenue.”
No date has been fixed for the hearing of the suit.
News
Ikeja Computer Village Begins Biometrics Registration to Tackle Crime

The leadership of Computer Village, Ikeja, has begun a biometric registration and enumeration exercise to sanitise the market, curb criminal activity, and restore investor confidence.
In a statement, Abisola Azeez, Iyaloja, described the initiative as part of a broader rebranding effort to address issues like phone snatching, fraudulent technicians, and substandard goods.
It stated, “The market’s leadership announced the move after a recent security incident led the Lagos State Task Force to consider a complete shutdown. However, market representatives intervened to safeguard legitimate traders. Under the new rules, only registered vendors with ID cards displayed at their stalls will be allowed to operate.
Approved street setups will be limited to plastic chairs, show glasses, and umbrellas, while wooden structures and open flames are banned to reduce fire hazards.”
Adeniyi Olasoji, baba Oja, noted the market’s damaged image, emphasising new security measures like CCTV, emergency alert systems, and increased collaboration with law enforcement.
“Other leaders, including Prince Tony Nwakeze, Ralph Chibuzor, Ben Onuorah, Nofiu Akinsanya, and Ikani Tony, affirmed the move as essential for transforming Computer Village into a structured, globally competitive digital hub.
The registration will be completed within two months, after which only verified traders will be allowed to operate.
Meanwhile, Fidelix Ezeugwu, executive secretary of the Ikeja Market Board, emphasised the market’s unified leadership, comprising representatives from four major ethnic groups, and the importance of updated data to align with global standards.
He said, “Additional upgrades include installation of walkie-talkies for improved communication, enhanced street lighting, and CCTV cameras to monitor activity.
“These improvements aim to position Computer Village as a world-class market, comparable to international hubs like Dubai and Singapore.”
- E-Business2 days ago
Farmers to Get Identity Card for Loans, Inputs
- Telecom2 days ago
ARCON Probes 9mobile over Alleged N1Bn Advertising Debt
- News2 days ago
SERAP Sues NNPC over Alleged Missing ₦500Bn, Seeks Accountability
- News2 days ago
First Asset Management Receives 2024 Fund Manager Award
- E-Business2 days ago
Dyna.Ai Launches Operations in Nigeria
- General News2 days ago
Nigeria Relaunches National Talent Export Programme to Unlock $1 Trillion Global Outsourcing Market
- Telecom2 days ago
NiRA Holds 17th AGM, Elects New Leadership to Propel .ng Domain Growth
- News2 days ago
Ikeja Computer Village Begins Biometrics Registration to Tackle Crime