NEWS
SERAP Urges Akpabio, Abbas to Account Missing N18.6bn for NASS Commission Office Complex
The Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President, Godswill Akpabio, and Speaker of the House of Representatives, Tajudeen Abbas to “promptly account for the missing N18.6bn meant for the construction of the National Assembly Commission Office Complex, as documented in the latest 2022 annual report by the Auditor-General of the Federation.”
In addition, the SERAP urged Mr Akpabio and Mr Abbas “to disclose the name of the alleged ‘fictitious construction company’ that reportedly collected N18.6bn for the construction of the National Assembly Commission Office Complex, including the names and details of the directors, shareholders and the company’s address.”
The SERAP also urged Mr Akpabio and Mr Abbas “to explain the failure to follow the Procurement Act, including the failure to carry out any needs assessment before the award of the contract, to advertise the bidding, to issue a contract agreement, and to issue bidders’ quotations before the construction company was paid N18.6 billion’”
The SERAP urged Mr Akpabio and Mr Abbas “to explain the rationale for the ‘inflation of the contract by N6.9 billion for the conversion of the roof garden to office space’, and why no approval was obtained for the upward review of the contract, and to disclose the implementation status of the project.”
The grave allegations are documented in the latest 2022 annual report published by the Auditor-General of the Federation on 9 September 2025.
In the letter dated 18 October 2025 and signed by SERAP deputy director Kolawole Oluwadare, the organisation said: “These grim allegations by the Auditor-General suggest grave violations of the public trust, the Nigerian Constitution 1999 [as amended], and national and international anticorruption obligations.”
The SERAP said, “the National Assembly can only effectively perform its oversight and anti-corruption roles if it can demonstrate exemplary leadership to probe the allegations of corruption and mismanagement involving the NASS commission.”
According to the SERAP, “the National Assembly ought to live up to its constitutional responsibilities by upholding and defending the basic principles of transparency, accountability and the rule of law.”
The letter, read in part: “Addressing the allegations would improve public confidence and trust in the ability of the National Assembly to exercise their constitutional and oversight responsibilities, and to adhere to the highest standards of integrity, transparency and accountability in the management of public funds.”
“It would also show that the National Assembly is acting in the best interest of the people, and not for personal interest.”
“We would be grateful if the recommended measures are taken within 7 days of the receipt and/or publication of this letter. If we have not heard from you by then, SERAP shall take all appropriate legal actions to compel you, the National Assembly and the National Assembly Service Commission to comply with our request in the public interest.”
“According to the recently published 2022 audited report by the Auditor General of the Federation, the National Assembly Service Commission paid over N11.6 billion [N11,647,302,594,00] to ‘an unknown construction company’ for ‘the construction the Commission’s Complex within 24 months.’”
“The payment was reportedly made on 11 August 2020. But ‘the contract was inflated by over N6.9 billion [N6,930,000.000.00]’ and the money was reportedly paid to the construction company on 29 November 2023’ ‘for the conversion of the roof garden to office space.’”
“The contract was reportedly awarded without a Bill of Quantity (BOQ) for the upward of the contract, and the ‘BOQ for the contract of N11.6 billion was not priced.’”
“Both contracts were reportedly awarded without any needs assessment, newspaper advertisements, bidding process, contract agreement, bidders’ quotations and without any approval by the Federal Executive Council (FEC). There was also no ‘Bureau of Public Procurement’s Certificate of ‘No Objection’.’”
“The Auditor-General fears the N18.6 billion of public funds budgeted for ‘the construction of the Commission’s Office Complex and the conversion of the roof garden to office space’ may be missing. He wants the money accounted for.”
The “SERAP is concerned that the money may have been misappropriated, diverted or stolen. These grave violations reflect the continuing failure of the National Assembly and its commission to uphold the principles of transparency and accountability.”
“Explaining the whereabouts of the missing public funds, publishing the details of the construction company which collected the money and ensuring the prosecution of the perpetrators and the recovery of any missing public funds would serve the public interest.”
“Poor and vulnerable Nigerians continue to bear the heavy economic and social costs of corruption. Corruption exposes them to additional costs to pay for health, education and administrative services.”
“Corruption traps the majority of Nigerians in poverty and deprives them of opportunities. The National Assembly therefore has a responsibility to curb it.”
“Allegations of corruption continue to undermine economic development, violate social justice, and destroy trust in economic, social, and political institutions, as well as lead to deficient public services.”
“Nigerians have the right to know the whereabouts of the public funds and details of the construction company. Taking the recommended measures would advance the right of Nigerians to restitution, compensation and guarantee of non-repetition.”
The “SERAP notes that Section 15(5) of the Nigerian Constitution requires public institutions including the National Assembly and its commission to abolish all corrupt practices and abuse of power.”
“Section 13 of the Nigerian Constitution imposes clear responsibility on the National Assembly and its commission to conform to, observe and apply the provisions of Chapter 2 of the constitution.”
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“Under Section 16(1)(a)(b), the National Assembly and its commission have the obligations to ‘harness the resources of the nation and promote national prosperity and an efficient, a dynamic and self-reliant economy’, and to ‘secure the maximum welfare, freedom and happiness of every citizen.’”
“Section 16(2) further provides that, ‘the material resources of the nation are harnessed and distributed as best as possible to serve the common good.’”
“Nigeria has made legally binding commitments under the UN Convention against Corruption to ensure accountability in the management of public resources.”
“Articles 5 and 9 of the UN Convention against Corruption also impose legal obligations on the National Assembly to ensure proper management of public affairs and public funds. These commitments ought to be fully upheld and respected.”
The “SERAP urges to refer these grave violations of the Nigerian Constitution and the country’s national and international anticorruption obligations to appropriate anticorruption agencies for investigation and prosecution, as appropriate, and the recovery and remittance of the public funds into the treasury.”
NEWS
‘Over N20m Lost’ — Inferno Razes Abuja Building Materials Market After Midnight Restocking
An early-morning fire has ravaged Eda Plaza, a building materials market opposite Chida Hotel in Jabi, Abuja, destroying shops and goods reportedly worth millions of naira.
The inferno broke out around 3am on Sunday, leaving traders counting their losses after the fire spread through parts of the plaza.
An eyewitness told the Nigerian Television Authority (NTA) that the alarm was raised after his brother-in-law, who owns two shops and a packing store at the plaza, received a distress call from a colleague informing him that the market was on fire.
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“We were at home this morning, as early as 3 am, and my brother-in-law received a call from one of his colleagues here in the plaza that the plaza was on fire. So we had to rush down there. On getting here, we discovered that the situation was so bad,” the eyewitness said.
According to him, only one of his brother-in-law’s two shops survived the inferno, while the other shop and the packing store were completely destroyed.
“In this plaza, my brother-in-law had two shops and a packing store. Unfortunately, only one of the shops was saved. The other shop and the packing store were totally damaged by the fire,” he added.
The eyewitness estimated the value of roofing materials lost in the blaze at more than N20 million, revealing that some of the affected materials had been restocked just hours before the fire.
“Over here, you see some of the roofs that we still have here. We are talking about a roof that is worth over N20 million lost in this fire,” he said.
He further lamented that some of the roofing materials had only been restocked the previous night.
“Because the other shop, we had roofs that were just restocked last night. And then the packing store also, we had roofs that were just restocked last night,” he said.
Confirming the incident, the National Public Relations Officer and Head of Corporate Services of the Federal Fire Service, Deputy Controller of Fire Paul Abraham, said a distress call about the Eda Plaza fire was received at 2:46am.
Abraham said the Federal Fire Service, in collaboration with the Federal Capital Territory Fire Service, deployed firefighting appliances from its Wuse, Interior Ministry and Garki stations to battle the inferno.
He disclosed that a stop message was issued at 10:14am, indicating that the fire had been brought under control.
The Federal Fire Service spokesman added that investigations were ongoing to determine the remote and immediate causes of the fire.
Despite the extent of the destruction and the financial losses recorded, no casualty was reported.
The eyewitness expressed gratitude that the incident did not claim any life.
“In our situation, we give thanks to God that no life was lost in this situation,” he said.
NEWS
Nestoil Boosts Oil Production with $28m Drilling Fleet
The quest for increased oil production from the Oil Mining Lease (OML) 42 has seen the Nestoil Group deploy its Pathfinder 500 rig to carry out workover operations on two producing wells.
The deployment, carried out through the Group’s strategic business unit, Scorpio Drilling International, marks the first productive assignment of the Pathfinder 500 since its acquisition about eight years ago.
The Pathfinder 500 is one of two rigs acquired by the Nestoil Group as part of a combined investment of approximately $28 million. The second rig is the Scorpio 300.
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According to a statement issued by the Group over the weekend, the Pathfinder 500 was successfully mobilised to the OML 42 site, where it completed workover operations on the two wells without any Health, Safety and Environment (HSE) incidents before being safely demobilised to base.
The statement added that the successful operation also contributed to incremental oil production from OML 42 and is expected to support the Group’s planned in-field drilling programme.
Chairman of Nestoil/Neconde Group, Dr. Ernest Obiejesi, described the development as a defining moment for the Group and Nigeria’s indigenous drilling capacity.
Obiejesi said the rig had remained idle for eight years amid doubts that it would ever be deployed for productive operations, making its successful mobilisation, incident-free workover campaign and safe demobilisation a significant achievement.
He explained that the decision to invest in the Pathfinder 500 and Scorpio 300 was driven by the need to reduce dependence on hired rigs, which could be difficult and costly to secure within Nigeria’s operating environment.
According to him, as an asset owner in OML 42, the Group requires reliable in-house drilling capacity to undertake workovers, revive mature wells and ultimately drill new wells as the field develops.
He said the successful deployment of the Pathfinder 500 now positions the Group to proceed with its planned in-field drilling programme.
Obiejesi further disclosed that the project, from rig refurbishment to crewing, was executed entirely by Nigerian personnel without foreign partnership or support.
He noted that the rig is currently operated by a 100 percent Nigerian crew, attributing the development to decades of capacity building by international oil companies operating in Nigeria.
The Nestoil chairman said the experience had helped position Nigeria as a net exporter of skilled drilling personnel to other oil-producing countries.
He commended the teams at Scorpio Drilling International and others involved in the rehabilitation and operation of the rig.
Obiejesi also said the achievement extends beyond Nestoil Group, noting that Scorpio Drilling International now has two operating rigs and is among companies with rig assets in Nigeria.
“Nestoil Group, through Neconde Energy, holds interests in OML 42 and continues to invest in indigenous drilling, workover and well-services infrastructure to sustain and increase oil production from the asset.
“Scorpio Drilling International operates the Pathfinder 500 and Scorpio 300 rigs and provides drilling services to the Group and third parties across Nigeria’s oil and gas industry,” the statement added.
NEWS
Tinubu Mourns Eagle Online Publisher, Dotun Oladipo
President Bola Ahmed Tinubu expresses deep sadness over the sudden death of Mr Dotun Oladipo, former Political Editor of The Punch newspaper and Publisher of The Eagle Online, describing his death as a painful loss to Nigeria’s media industry and the nation at large.
President Tinubu acknowledges the deceased’s contributions to journalism, particularly his years of dedicated service in political reporting and his commitment to providing Nigerians with credible information through both traditional and digital media platforms.
The President says Oladipo’s professional career reflected the important role journalists play in strengthening democracy by informing citizens, holding public officials accountable and providing platforms for robust public discourse.
READ ALSO: Akpabio Mourns Dotun Oladipo
He recalls the deceased’s passion for his profession and his contributions to the growth of digital journalism through The Eagle Online, which he founded after his remarkable career at Punch Newspaper.
“Dotun Oladipo’s death at the age of 56 is a painful loss to the Nigerian media community and to our nation. He was a committed journalist who devoted significant years of his life to informing the public and contributing to the development of our democracy.
“His contributions to political journalism and the digital media space will not be forgotten. I extend my heartfelt condolences to his family, colleagues in GOCOP and friends. I pray that Almighty God will grant him eternal rest and give his loved ones the strength to bear this irreparable loss,” President Tinubu notes.






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