Bayo Adelabu
By Ab Susan
Adelabu’s statement suggests that the missing N128 billion in the power ministry and NBET predates President Tinubu’s administration, implying that the current government shouldn’t be held responsible. The Socio-Economic Rights and Accountability Project (SERAP) has urged President Tinubu to investigate these allegations, citing the Auditor-General’s report.
The allegations include missing or diverted funds, non-compliance with financial regulations, and questionable contracts. Specifically, NBET paid over N8 billion to beneficiaries without proper documentation, and the Ministry of Power failed to account for N230 million in expenditures. The Auditor-General has requested that these funds be recovered and remitted to the treasury.
SERAP’s Deputy Director, Kolawole Oluwadare, emphasized the need for transparency and accountability, stating that Nigerians continue to pay the price for corruption in the power sector. The organization has given President Tinubu seven days to act on these allegations, warning that they will seek legal action if there’s no response.
The missing funds are part of broader allegations of corruption and mismanagement in various government ministries. SERAP has also sued the government over missing N57 billion in the Ministry of Humanitarian Affairs and Poverty Alleviation, and N18.6 billion in the National Assembly Service Commission.
Adelabu’s claim that the missing funds predate Tinubu’s administration raises questions about accountability and the government’s commitment to addressing corruption. The Auditor-General’s report highlights systemic issues in public fund management, emphasizing the need for robust oversight.The government must balance accountability with the need to address pressing national issues.
