ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Sunday, March 29, 2026
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
ADVERTISEMENT
ADVERTISEMENT
Home Crime Watch

BREAKING: President Tinubu In Court Over ‘Missing $2.1bn, N3.1trn Subsidy Payments’

In the suit, number FHC/L/CS/1107/23 filed last Friday at the Federal High Court in Lagos, SERAP is seeking an order of mandamus to compel Tinubu to act.

by NewsOnline Nigeria
June 11, 2023
in Crime Watch, Headline
0
Musa Adamu

President Tinubu has been dragged to court by SERAP over alleged ‘missing $2.1bn, N3.1trn subsidy payments.

 

NewsOnline reports that Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Bola Tinubu over “missing subsidy payments”.

 

The organisation is seeking a probe of allegations that $2.1 billion and N3.1 trillion budgeted as fuel subsidy payments are unaccounted for.

 

ALSO: Expert Predicts Dollar To Naira Rate To Hit N630 Over Emefiele Suspension, Arrest

 

The suit followed the grim allegations documented by the Auditor-General of the Federation in the 2016 and 2019 annual reports that the public funds are missing.

 

In the suit, number FHC/L/CS/1107/23 filed last Friday at the Federal High Court in Lagos, SERAP is seeking an order of mandamus to compel Tinubu to act.

 

It wants the President to direct the anti-corruption agencies to probe subsidy payments made by governments since 1999, name and prosecute suspected perpetrators and recover missing funds.

 

The recovered proceeds should be used as palliatives to address the impact of the subsidy removal on poor Nigerians, the suit demanded.

 

The group said misuse of public monies was a “fundamental breach of anti-corruption laws and international obligations including under the UN Convention against Corruption to which Nigeria is a party.”

 

“The Tinubu government has constitutional and international legal obligations to get to the bottom of these allegations and ensure accountability for these serious crimes against the Nigerian people,” SERAP added.

Previous Post

Expert Predicts Dollar To Naira Rate To Hit N630 Over Emefiele Suspension, Arrest

Next Post

Labour Party Wants Tinubu To Investigate Mahmood Yakubu, Not Emefiele

Next Post
Labour Party

Labour Party Wants Tinubu To Investigate Mahmood Yakubu, Not Emefiele

Trending Stories

No Content Available

Latest Stories

Nigerian Troops

BREAKING: Nigerian Troops Pound Terrorists in Borno (VIDEO)

Moniepoint

Moniepoint Hit by Loan Default Surge, Raising Concerns Over Aggressive SME Lending Strategy

Petrocam

Court Maintains N9bn Petrocam Account Freeze, Delays Relief Ruling

Stella Oduah

Stella Oduah Cleared as Firms Linked to Her Plead Guilty, Forfeit N1.98bn in Fraud Case

Union Bank Board Removal

CBN Appeals Court Ruling Nullifying Union Bank Board Removal, Seeks Stay of Execution

Mikail Abdulraheem

Court Orders Final Forfeiture of N400m Linked to Mikail Abdulraheem Over Alleged Fraud

Kano Deputy Governor Abdulsalam-Gwarzo

BREAKING: Kano Deputy Governor Abdulsalam-Gwarzo Resigns Amid Impeachment Pressure

Late Access Bank Boss, Herbert Wigwe

Late Access Bank Boss, Herbert Wigwe Ranked Among Top Foreign Owners of London Luxury Properties

Nova Bank

Sunrise Products Sues Nova Bank Over Alleged Inflated Charges, Account Manipulation

Kuda

Kuda Sparks Backlash After Sudden Layoffs During Video Call Despite Improved Financials

NewsOnline Nigeria

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: admin@newsonlineng.com

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2026 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria