Tag: Funds diversion

“2023–2025 Budgets not implemented; funds diverted for vote-buying” – Tambuwal alleges

Aminu Imam
Tambuwal alleges

The Senator representing Sokoto-South, Aminu Waziri Tambuwal, has alleged that Nigeria’s national budgets for the past three years – 2023, 2024 and 2025 – have not been implemented. Tambuwal claimed that funds appropriated for the budgets were diverted for vote-buying. He made the allegation in a viral video circulating on social media, where he was seen addressing supporters during the ADC Congress in Sokoto on Saturday. “I’m a senator, and honestly, all the budgets we passed in 2023, 2024 and 2025 have not been actualised. Where is the money? It…

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SERAP sues INEC over alleged ₦55.9bn election fund diversion

Aminu Imam
SERAP sues INEC

The Socio-Economic Rights and Accountability Project, (SERAP), has filed a lawsuit against the Independent National Electoral Commission, (INEC), over what it described as the Commission’s failure to account for an alleged missing or diverted ₦55.9 billion earmarked for election materials for the 2019 general elections. The allegations are contained in the latest annual report of the Auditor-General of the Federation, published on September 9, 2025. In the suit, filed last Friday before the Federal High Court, SERAP is seeking an order of mandamus compelling INEC to account for the funds…

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Auditor-General’s report implicates NNPCL in ₦2.68tr, $9.77m funds diversion

Aminu Imam
Report on NNPCL illegally deduction2

…Evades probe A report by the Auditor-General of the Federation (OAuGF) has implicated the Nigerian National Petroleum Company Limited (NNPCL), of fund misappropriation, revenue diversion of ₦2.68tr and $9.77m over four years. According to audit reports submitted to the 10th National Assembly, the findings also reveal widespread financial irregularities and disregard for transparency. Key infractions highlighted include: unauthorised deductions of ₦1.33 trillion in 2017, ₦681 billion in 2019, ₦151 billion in 2020, and ₦514 billion in 2021. Violations of the Constitution and Financial Regulations were noted, with NNPCL failing to…

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