• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Tuesday, February 10, 2026
  • 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
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 Wants Tinubu To Investigate Mahmood Yakubu, Not Emefiele

Trending Stories

No Content Available

Latest Stories

Nenadi Usman Set to Take Over Labour Party National Secretariat in Abuja

“Nigerians Were Better Off Under Buhari, Standard of Living Worsened Under Tinubu” – Rotimi Amaechi

BREAKING: Senate Names 12-Member Committee on Electoral Act Amendment Bill

Nigeria’s $9m Lobbying Scandal: A Costly Distraction from Insecurity, Poverty and Corruption – Festus Edovia

CBN, NCC Unveil Framework to End Failed Airtime and Data Transactions

Access Bank’s Acquisition of South Africa’s Bidvest Bank Collapses Over Regulatory Hurdles

Anglican Methodist Modern/Secondary School Ajagba to Celebrate 70th Founder’s Day Anniversary in Oyo

BREAKING: FG Begins Implementation of New ASUU Agreement, Approves 40% Allowance Increase

Appeal Court Upholds Senate’s Suspension of Natasha Akpoti, Voids N5m Contempt Fine

NABTEB Releases 2025 Nov/Dec NBC, NTC and Advanced Certificate Results

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

Exit mobile version