The Socio-Economic Rights and Accountability Project has dragged the Minister of Power, Adebayo Adelabu, and the Nigerian Bulk Electricity Trading Plc before a Federal High Court in Abuja over the alleged failure to account for One hundred and twenty-eight Billion Naira in public funds.
This was disclosed in a statement issued on Sunday, by SERAP’s Deputy Director, Kolawole Oluwadare.
The suit was filed last Friday following allegations contained in the Auditor-General of the Federation’s report published on September 9, 2025.
In the lawsuit, SERAP is seeking, amongst others, an order of mandamus compelling Adelabu and NBET to account for what it described as “the missing or diverted One hundred and twenty-eight Billion Naira from the Ministry of Power and NBET.
The organisation is also asking the court to direct the defendants to disclose “details of how the missing or diverted One hundred and twenty-eight Billion Naira was spent, including the dates of disbursement and the purported beneficiaries or contractors who received the money.”
SERAP further urged the court to compel the disclosure of “the full names, official designations and offices of all public officers who authorised, approved or otherwise participated in the release of the missing or diverted amount of money.
No date has been fixed for the hearing of the suit.
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