Politics
Alison-Madueke’s Loot: SERAP Writes Trump, Seeks Return Of Stolen Assets, Ban On Corrupt Officials
The Socio-Economic Rights and Accountability Project (SERAP) has urged US President-elect Donald Trump and his incoming administration “to promptly identify US-based proceeds of corruption traced to former and current Nigerian public officials and their associates and to ensure the full recovery and return of any such stolen assets to Nigeria.”
The SERAP said, “any return of proceeds of corruption from Nigeria must meet strict transparency and accountability standards to ensure the funds are used solely for the benefit of the Nigerian people.”
The SERAP urged him to “direct the US Department of Justice to promptly initiate civil asset forfeiture proceedings against proceeds of corruption traced to former and current Nigerian public officials and their associates so as to fulfill several non-controversial commitments by the US to assist Nigeria in asset recovery matters.”
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The SERAP also urged him “to identify and publish the names of former and current Nigerian public officials suspected to be responsible for corruption and the depositing of its proceeds in US banks, and to apply existing US presidential proclamations to temporarily ban such officials from entering the US.”
In the letter dated 18 January 2025 and signed by SERAP deputy director Kolawole Oluwadare, the organisation said: “Diezani Alison-Madueke’s looted assets and other recently returned assets represent a tiny fraction of the over $500 billions that have been reportedly stolen from Nigeria and located in the US or otherwise subject to US jurisdiction.”
The SERAP said, “Our requests are brought in the public interest, and in keeping with the requirements of the UN Convention against Corruption to which both the US and Nigeria are states parties.”
According to the SERAP, “Proceeds of corruption from Nigeria continue to be deposited in US banks or in other locations subject to US jurisdictions.”
The request followed the recently returned $52.88 million in forfeited corruption proceeds linked to former Petroleum Resources Minister Diezani Alison-Madueke.
The letter, read in part: “We hope you and your incoming government address the legal impediments that have continued to allow corrupt Nigerian government officials to deposit and conceal their ill-gotten assets in the US and other locations subject to US jurisdiction.”
“Returning proceeds of corruption to Nigeria is a development imperative. By returning proceeds of corruption to Nigeria, the US would be contributing to the efforts to address the growing poverty in the country and achieve the Sustainable Development Goals.”
“The US has the obligations under the relevant provisions of the UN Convention against Corruption to trace, freeze and seize proceeds of corruption from Nigeria and located in the US or otherwise subject to US jurisdiction and to return the assets to the Nigerian people.”
“A whole chapter of the Convention is devoted to international cooperation in the recovery and return of stolen assets including from Nigeria (chapter V, comprising 9 articles).”
“SERAP is concerned that corruption remains a major obstacle to sustainable development, the rule of law and the effective enjoyment of socio-economic rights in Nigeria. Implementing the recommended measures would contribute to addressing these governance challenges.
“Corrupt practices have long been accepted as a fact of life and an inalienable part of the country’s ministries, departments and agencies [MDAs] and the governmental power structures across several states.”
“Nigeria’s auditor-general office annually documents widespread and systemic corruption in ministries, departments and agencies (MDAs) including in the petroleum, education, health and water sectors, plunging millions of Nigerians further into poverty. The auditor-general office has declared trillions of naira as missing or diverted.”
“SERAP urges you to promptly share information with relevant Nigerian civil society organizations on stolen assets of Nigerian origin located in the US or otherwise subject to US jurisdiction, as required by Articles 46(4) and 56 of the UN Convention Against Corruption.”
“Imposing a temporary travel ban on former and current Nigerian public officials suspected to be responsible for keeping proceeds of corruption in the US or in locations subject to US jurisdiction would not violate due process and presumption of innocence principles, as long as the reasons for the sanctions are communicated to those that may be affected.”
“According to reports, the U.S. Government and the Federal Government of Nigeria recently announced an agreement to promptly repatriate approximately $52.88 million in forfeited corruption proceeds.”
“These funds were forfeited to the United States as part of the Kleptocracy Asset Recovery Initiative of the U.S. Department of Justice. The forfeited assets had been illegally acquired using funds linked to money laundering and a conspiracy to bribe former Petroleum Resources Minister Diezani Alison-Madueke.”
“In 2007, former Chairman of the Economic and Financial crimes Commission (EFCC) Mallam Nuhu Ribadu alleged that Nigerian politicians stole over $400 billion. Former military dictator General Sani Abacha reportedly collected truck-loads of cash running into billions of naira from the Central Bank of Nigeria.”
“According to the Stolen Asset Recovery Initiative (StAR) estimates, illicit funds associated with bribes received by public officials from developing and transition countries alone are estimated at USD 20 billion to USD 40 billion per year – a figure equivalent to 20 to 40 percent of flows of official development assistance.”
“SERAP notes that Article 51 of the UN Convention against Corruption provides for the return of ‘corrupt’ assets to countries of origin as a fundamental principle. Article 43 provides likewise.”
“Similarly, under Articles 47(3)(a) and (b) states parties have an obligation to return forfeited or confiscated assets in cases of public corruption, as here, or when the requesting party reasonably establishes either prior ownership or damages to the states.”
“A resolution adopted by the Conference of States Parties to the UN Convention Against Corruption in Panama in November 2013 reaffirms this obligation, by requiring state to make ‘every effort’ to return such proceeds. to the victim state.”
The Independent National Electoral Commission (INEC) has raised the alarm over a fake online recruitment notice claiming that the commission has commenced the recruitment and training of ad-hoc staff ahead of the 2027 General Election.
INEC issued the warning on Monday, August 31, 2026, following the circulation of a message online directing prospective applicants to a website purportedly created for the recruitment exercise.
The electoral commission dismissed the information as false, stressing that the recruitment notice and website did not originate from it.
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In a statement, INEC said, “The attention of the Independent National Electoral Commission (INEC) has been drawn to a message circulating online claiming that the Commission is currently recruiting and training ad-hoc staff for the 2027 General Election.”
The commission further clarified that the website being circulated is not its official recruitment portal.
“This information is not from INEC. The website/link being circulated is NOT an official INEC recruitment portal,” INEC stated.
The electoral body warned Nigerians against clicking on the link or providing personal information through the platform, particularly as fraudulent recruitment websites can be used to obtain sensitive details or solicit payments.
“Members of the public are strongly advised NOT to click on the link, submit personal information, upload documents or make any payment through the platform,” the commission warned.
INEC advised members of the public to rely only on its verified communication channels and official websites for information concerning recruitment and election-related activities.
“INEC’s official recruitment and election-related announcements are published through the Commission’s verified communication channels and official websites,” it said.
The commission directed Nigerians seeking authentic information to visit its official website, inecnigeria.org.
INEC also noted that it had previously warned the public about fraudulent websites and fake recruitment advertisements purporting to originate from the commission.
The electoral body urged Nigerians to disregard the latest notice and avoid further circulating it.
“Please disregard and do not circulate this false recruitment notice,” INEC said.
The commission concluded its warning with an appeal to Nigerians to verify the authenticity of online information before clicking on links or submitting personal details.
“Stay informed. Stay safe. Always verify before you click,” INEC stated.
Several opposition political leaders and prominent figures have converged on Abuja for a summit aimed at forging a united front ahead of the 2027 presidential election.
The meeting, being held at the Shehu Yar’Adua Centre, attracted notable opposition figures including the Peoples Redemption Party presidential candidate, Donald Duke; Social Democratic Party presidential candidate, Adewale Adebayo; and former Niger State Governor, Babangida Aliyu.
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The summit was convened by political pressure group G-100 as part of efforts to bring opposition parties together to mount a stronger challenge against President Bola Tinubu and the ruling All Progressives Congress in 2027.
Also attending the gathering are the Allied Peoples Movement vice-presidential candidate, Lawal Daura; PRP National Chairman, Hakeem Baba-Ahmed; SDP vice-presidential candidate, Usman Bugaje; and Minority Leader of the House of Representatives, Fred Agbedi.
The National Publicity Secretary of the African Democratic Congress, Bolaji Abdullahi, and G-100 Convener, Salihu Lukman, are also among those participating in the summit.
Welcoming the dignitaries, Lukman urged opposition parties to put aside their differences and work towards a common objective of advancing the interests of Nigerians.
He stressed that the proposed cooperation was not about forcing political parties to dissolve or abandon their identities, but about creating a platform where they could work together towards a shared goal.
“We are not asking any political party to dissolve. Let us agree that we must build the table before negotiating the seats,” Lukman said.
The summit comes amid increasing political realignments ahead of the 2027 general elections, with opposition parties and political actors exploring possible alliances and coalition arrangements.
Former Minister of State for Petroleum Resources and ex-Bayelsa State Governor, Timipre Sylva, has resigned from the All Progressives Congress, APC, describing the ruling party as “irredeemable” and accusing the President Bola Tinubu-led administration of disappointing Nigerians.
Sylva announced his resignation in a letter dated August 31, 2026, addressed to the APC Chairman of Ward 4 in Brass Local Government Area of Bayelsa State.
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Copies of the letter were sent to the APC National Chairman, the Executive Chairman of the Economic and Financial Crimes Commission, EFCC, and the chairman of the APC in Bayelsa State.
The former minister, who described himself as a founding member of the APC, said he took the decision after consulting his family, associates, colleagues and sympathisers.
Sylva said he could no longer remain in a party whose leaders, according to him, had embraced the belief that “all is fair in politics.”
He said, “Having consulted widely with my family, associates, colleagues and sympathisers, I wish to formally tender my resignation from the All Progressives Congress (APC), with immediate effect.
“As a founding member of the APC, and one who joined other well-meaning Nigerians in building the party with sweat and money, it is deeply saddening to witness how the ideals we espoused have been so thoroughly and unrecognisably thwarted.”
He added, “Moreover, I cannot, in all good conscience, continue to belong to a party whose leaders believe that ‘all is fair in politics;’ and have consistently demonstrated that belief in practice.”
Sylva attacks Tinubu administration
Sylva also criticised the APC-led Federal Government, saying it had disappointed the majority of Nigerians.
“The present Government, formed under the banner of the APC we once loved, has disappointed the vast majority of Nigerians. And I can see neither a credible attempt nor any possibility of a revamp,” he stated.
Describing the APC as a “floundering ship,” Sylva said he had no choice but to leave the party.
“I am therefore left with no other choice than to jettison a floundering ship whose fate appears to have been sealed by its irredeemable load of iniquities,” he said.
The former governor also expressed confidence that Nigerians would vote for change in the 2027 general elections.
“I have no doubt that, in the coming election, Nigerians will vote for Nigeria and free the Country from this stranglehold on our beautiful country,” Sylva stated.
Why Sylva copied EFCC
The former minister also explained his decision to copy the EFCC in his resignation letter.
Sylva acknowledged that the move could lead to increased scrutiny of him and his associates by the anti-graft agency, but said he was prepared to face whatever consequences might arise.
“I am fully aware that this action of mine may invite a redoubled witch-hunt against me and my associates, but that is a risk I am willing to take,” he said.
Resignation amid alleged coup plot investigation
Sylva’s resignation comes amid allegations linking him to an alleged plot to overthrow the Tinubu administration.
The Federal Government previously named him as a suspect in a wider investigation into an alleged coup plot uncovered in 2025. Sylva has repeatedly denied involvement in the alleged plot.
The development had led to the arrest and prosecution of several military and civilian suspects.
In April 2026, six defendants were arraigned before the Federal High Court in Abuja on charges including treason, terrorism and money laundering.
Reports published in August also alleged that Sylva was linked to the financing of the purported coup plot. However, the former governor has denied the allegations.
The controversy had earlier intensified in October 2025 following a military operation at Sylva’s Abuja residence.
Sylva confirmed that soldiers from Defence Headquarters raided the property but rejected any suggestion that he was involved in a plan to overthrow the government, describing the operation as unjustified.
His resignation comes as political activities gather momentum ahead of the 2027 general elections, with the ruling APC and opposition forces positioning themselves for what is expected to be a keenly contested election.
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