SERAP sues Power Minister, NBET over alleged ₦128bn missing funds

SERAP sues Adelabu

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Minister of Power, Adebayo Adelabu, and the Nigerian Bulk Electricity Trading Plc. (NBET), over their alleged failure to account for ₦128 billion reportedly missing or diverted from the Ministry of Power and NBET. The suit, marked FHC/ABJ/CS/143/2026, was filed last Friday, at the Federal High Court in Abuja, following allegations contained in the Auditor-General of the Federation’s annual report published on September 9, 2025. SERAP is seeking an order of mandamus compelling the minister and NBET to…

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