NEWS
SERAP Urges Tinubu To Probe Missing N57bn In Humanitarian Affairs Ministry, Others
The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Ahmed Tinubu “to direct the Attorney General of the Federation and Minister of Justice Mr Lateef Fagbemi, SAN, and appropriate anti-corruption agencies to promptly probe allegations that over N57 billion of public funds are missing, diverted or stolen from the Federal Ministry of Humanitarian Affairs and Poverty Alleviation in 2021 alone.”
The SERAP alleged that, “hundreds of billions of naira are also reportedly missing in other ministries, departments and agencies [MDAs].”
It maintained that the damning revelations are documented in the 2021 audited report released last week by the Office of the Auditor-General of the Federation.
The SERAP said, “Anyone suspected to be responsible should face prosecution as appropriate, if there is sufficient admissible evidence, and any missing public funds should be fully recovered and remitted to the treasury.”
Consequently, the SERAP urged him to “use any recovered stolen funds to fund the deficit in the 2025 budget, and to issue an immediate moratorium on borrowing by the Federal Government to ease Nigeria’s crippling debt crisis.”
In the letter dated 23 November 2024 and signed by its deputy director Kolawole Oluwadare, the SERAP stated, “The allegations amount to stealing from the poor. There is a legitimate public interest in ensuring justice and accountability for these grave allegations.”
ALSO READ: National Assembly In Top Gear For Tinubu’s 2025 Budget Presentation
According to the SERAP, “The allegations also suggest a grave violation of the public trust, the Nigerian Constitution 1999 (as amended), the country’s anticorruption legislation and international anticorruption obligations.”
The letter, read in part: “Poor Nigerians have continued to pay the price for the widespread and grand corruption in the Federal Ministry of Humanitarian Affairs and Poverty Alleviations and other ministries, departments and agencies [MDAs].”
“According to the 2021 annual audited report by the Office of the Auditor-General of the Federation, the Federal Ministry of Humanitarian Affairs and Poverty Alleviation, [the Ministry] in 2021 failed to account for over N54 billion [N54,630,000,000.00] meant to pay monthly stipends to Batch C1 N-Power volunteers and non-graduate trainees between August and December 2021.”
“The money was ‘not directly paid to the beneficiaries.’”
“The Auditor-General is concerned that the money ‘may have been diverted.’ He wants the money recovered and remitted to the treasury. He also wants suspected perpetrators of the diversion to be sanctioned in line with the Financial Regulations.”
“The Ministry also reportedly failed to account for over N2.6 billion [N2,617,090,786.00] of public funds meant for the ‘home grown school feeding programme during Covid-19’, as ‘the programme was never executed.’”
“The money was allegedly paid to five contractors to ‘procure, package and distribute Covid-19 palliatives to Kano, Zamfara and Abia states,’” but without any trace.
“The Auditor-General fears the money ‘may have been diverted.’ He wants the money recovered and remitted to the treasury.”
“The Ministry also reportedly spent over N78 million [N78,373,909.74] to ‘carry out a survey on the Ministry’s Covid-19 response to states and vulnerable groups’ but without any approval or document.”
“The Auditor-General fears the money may be missing or have ended up in the pockets of ‘incompetent contractors’. He wants the money recovered and remitted to the treasury.”
“The Ministry also reportedly failed to account for N39.5 million [M39,500,000.00] ‘personal donations to different personalities’. The money ‘was paid directly to the minister as reimbursement’.”
“The Auditor-General fears the ‘money may have been diverted’, resulting in ‘the loss of public funds.’ He wants the money recovered and remitted to the treasury.”
“The Ministry also reportedly failed to account for N400 million [N400,000,000.00] meant to pay ‘stipends to 4450 independent monitors for October, November and December 2021.’”
“The Auditor-General fears the money ‘may have been diverted’. He wants the money recovered and remitted to the treasury.”
“The Ministry also reportedly paid over N287 million [287,628,300.00] contractors ‘without any document and justification.’ The Auditor-General fears the money ‘may have been diverted’ and wants the money recovered and remitted to the treasury.”
“These allegations by the Auditor-General are different from the allegedly missing or unaccounted for N729 billion which is the subject-matter of the judgment by Justice Deinde Dipeolu.”
“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 consider appropriate legal actions to compel your government to comply with our request in the public interest.”
“The country’s wealth ought to be used solely for the benefit of the Nigerian people, and for the sake of the present and future generations.”
“These allegations can promptly be investigated and suspected perpetrators named and shamed. Taking these steps would advance the right of Nigerians to restitution, compensation and guarantee of non-repetition.”
“Prosecuting the allegations, and recovering any missing public funds would improve the chances of success of your government’s oft-repeated commitment to fight corruption and end the impunity of perpetrators.”
“SERAP urges you to address the widespread and systemic corruption in ministries, departments and agencies [MDAs], as documented by the Office of the Auditor-General of the Federation, including in the 2021 audited report and previous reports.”
“Tackling corruption in MDAs would go a long way in addressing the budget deficit and debt problems.”
“SERAP urges you to immediately enforce the judgment by Hon. Justice Deinde Isaac Dipeolu of the Federal High Court, Lagos, ordering your government to release the spending details of N729 billion by Mrs Sadia Umar-Farouk, the former Minister of Humanitarian Affairs, Disasters Management and Social Development.”
“Investigating the allegations and naming and shaming and prosecuting those suspected to be responsible for the missing public funds and recovering the funds would end the impunity of perpetrators.”
“SERAP notes that the consequences of corruption are felt by citizens on a daily basis. Corruption exposes them to additional costs to pay for health, education and administrative services.”
“SERAP notes that the Senate and the House of Representatives recently approved a $2.2 billion loan request from your government. The loan, equivalent to N1.767 trillion, would be part of the funds used to finance the N28.7 trillion 2024 budget.”
“According to the Debt Management Office (DMO), the national debt increased from ₦97.34 trillion in December 2023 to ₦121.67 trillion in March, partly due to exchange rate fluctuations.”
“The total domestic debt stands at ₦65.65 trillion (46.29 billion dollars), while the total external debt is ₦56.02 trillion (42.12 billion dollars) as at June 2024.”
“A moratorium on borrowing would create a temporary debt standstill, and free up fiscal space for investment in Nigerians’ needs.”
“Section 13 of the Nigerian Constitution imposes clear responsibility on your government to conform to, observe and apply the provisions of Chapter 2 of the constitution.”
“Section 15(5) imposes the responsibility on your government to abolish all corrupt practices and abuse of power.”
“Under Section 16(1) of the Constitution, your government has a responsibility to ‘secure the maximum welfare, freedom and happiness of every citizen on the basis of social justice and equality of status and opportunity.’
“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.’”
“The UN Convention against Corruption and the African Union Convention on Preventing and Combating Corruption to which Nigeria is a state party obligate your government to effectively prevent and investigate the plundering of the country’s wealth and hold public officials to account for any violations.”
“Specifically, article 26 of the UN convention requires your government to ensure ‘effective, proportionate and dissuasive sanctions’ including criminal and non-criminal sanctions, in cases of grand corruption.”
“Article 26 complements the more general requirement of article 30, paragraph 1, that sanctions must take into account the gravity of the corruption allegations.”
NEWS
$100,000 Science Prize: NLNG Raises Bar for AI Innovation
The Nigeria LNG Limited (NLNG) has intensified its push for globally competitive artificial intelligence and digital technology solutions, as the 2026 edition of The Nigeria Prize for Science and Innovation attracted a record 237 entries, the highest participation level since the prestigious $100,000 award was established in 2004.
The milestone comes months after the 2025 edition ended without a winner, following a rigorous evaluation process that found none of the 112 entries submitted met the Prize’s benchmark for scientific excellence, originality, scalability and real-world impact.
The entries were formally handed over to the Prize’s Advisory Board during a press conference in Lagos on Thursday, officially commencing the adjudication process for this year’s competition themed: Innovations in ICT, Artificial Intelligence (AI), and Digital Technologies for Development.
The retention of the theme for a second consecutive year reflects growing recognition of the role of AI and digital technologies in solving socio-economic challenges and accelerating national development.
Speaking at the event, NLNG’s General Manager, External Relations and Sustainable Development, Dr. Sophia Horsfall, said the record-breaking number of entries signals renewed confidence in Nigeria’s innovation ecosystem and growing interest among researchers in technology-driven solutions.
“In this fourth revolution, digital infrastructure is as foundational to our survival as electricity or water. For Nigeria, our economic sustainability depends on our ability to move beyond promising research and into undeniable innovation that delivers,” Horsfall said.
ALSO READ: Adoption of AI Feature as NIPetGE Pays Courtesy Call at NNPC Ltd
She noted that the decision not to award a winner in 2025 was difficult but necessary to preserve the integrity and global credibility of the Prize.
“We believe that if a Nigerian discovery is to command global respect, it must withstand the highest levels of scrutiny. It is this conviction that guided the difficult decision seven months ago,” she stated.
According to Horsfall, NLNG responded to last year’s outcome by deepening engagement with Nigeria’s scientific and technology community through nationwide roadshows, media campaigns, collaborations with innovation hubs, and knowledge-sharing sessions with researchers and academic institutions.
“Our response was not to lower our standards but to deepen engagement. Today, we can confidently say those efforts have paid off,” she added.
She described the leap from 112 entries in 2025 to 237 entries in 2026 as evidence of rising momentum in Nigeria’s science, AI, and digital innovation ecosystem.
“It proves that there is a hunger in this country for research, innovation, discovery and recognition. It also proves that we need platforms such as this Prize that elevate scientific endeavour and transform ideas into impact,” Horsfall said.
Receiving the submissions on behalf of the Advisory Board, Chairman of the Board, Prof. Barth Nnaji, described the handover as a crucial stage in the search for transformative scientific breakthroughs capable of addressing Nigeria’s development challenges.
Nnaji, a former Minister of Power, said the no-winner verdict in 2025 reinforced the Prize’s reputation for excellence rather than diminished it.
“Our refusal to award the prize in 2025 was not a dismissal of the hard work of Nigerian innovators; rather, it reinforces that The Nigeria Prize for Science and Innovation holds a gold standard of excellence,” he stated.
He explained that entries would continue to undergo strict intellectual and technical scrutiny, with emphasis placed on originality, relevance, scalability, and measurable socio-economic impact.
“The theme we have focused on for the past two years is perhaps the most critical topic of our time. We are looking for solutions that directly address Nigeria’s real-world challenges, whether through digital health technologies for rural communities or the use of AI in preserving our cultural heritage and languages,” Nnaji added.
He further assured stakeholders that the adjudication process would remain independent, transparent, and merit-driven.
“We look at every entry through a lens of fairness, balance and equity. It is this consistency that has given the Prize its enduring credibility over the years,” he said.
Also speaking, NLNG’s Manager, Corporate Communication and Public Affairs, Anne-Marie Palmer-Ikuku, commended the resilience of Nigerian innovators who returned with stronger entries despite last year’s disappointing outcome.
“To see the numbers rise to 237 this year tells me that innovators did not see last year’s verdict as a deterrent. Instead, they saw it as a challenge,” she said.
The Advisory Board for the Prize also includes Dr. Nike Akande, former Minister of Industry, and Professor Baba Yusuf Abubakar, a professor of quantitative genetics and animal breeding.
The winning entry for the 2026 edition will be unveiled at a world press conference scheduled for September.
NEWS
Tinubu Moves to Grant Visa-Free Entry for Rwanda
President Bola Tinubu has indicated Nigeria’s readiness to consider granting Rwanda a 30-day visa-free entry arrangement in a significant move aimed at strengthening African unity and boosting diplomatic relations.
The President made the disclosure during a high-level meeting with Rwandan President Paul Kagame in Kigali, where both leaders held talks focused on deepening bilateral cooperation and advancing continental integration.
According to a statement from the Presidency, Tinubu’s consideration of the visa-free policy aligns with efforts to promote Pan-Africanism and ease movement across African countries.
SEE ALSO: On Tinubu’s Directive, NNPC Ltd, NUPRC Remit N322bn, $116.9m to FAAC
The proposal would mirror Rwanda’s existing visa-free entry policy for Nigerians.
Both leaders also agreed to reactivate the Joint Permanent Ministerial Commission (JPMC), a framework established in 2021 to strengthen cooperation between Nigeria and Rwanda. Nigeria is expected to host the next meeting of the commission.
Discussions further covered the implementation of existing Memoranda of Understanding (MoUs) in key sectors including tourism, anti-corruption collaboration, and the fight against illicit drug trafficking.
The talks were described as part of a broader effort to enhance mutual trust and shared development goals.
Tinubu and Kagame also explored ways to boost trade under the African Continental Free Trade Area (AfCFTA), with emphasis on improving economic exchange and expanding export opportunities between West and East Africa. Plans to strengthen aviation and cargo connectivity were also highlighted as part of efforts to support cross-border business activities.
The meeting took place on the sidelines of the Africa CEO Forum, where African leaders and private sector stakeholders are engaging on strategies to drive economic growth and regional integration.
The Presidency reiterated Nigeria’s commitment to fostering stronger African partnerships, improving mobility, and promoting policies that support continental prosperity.
NEWS
NNPC Ltd, IOCs Raise Crude Supply to Local Refineries by 103% in 4 Months
The Nigerian National Petroleum Company Limited (NNPC Ltd) and International Oil Companies (IOCs) in Nigeria increased crude oil supply to domestic refineries, led by the Dangote Refinery, by over 103 percent between January and April 2026.
An analysis of the data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Monday showed that crude supplied locally to domestic refineries rose from 8.83 million barrels in January to 17.96 million barrels in April, reflecting a rise of 103.4 percent.
In contrast, imported crude and feedstock supplied to the refineries dropped from 9.43 million barrels in March to just 0.41 million barrels in April, representing a decline of approximately 95.6 percent in the period under review.
The data underscored a major shift in Nigeria’s downstream petroleum sector as the Dangote Refinery increasingly relies on locally supplied crude oil for the production of refined petroleum products, especially Premium Motor Spirit (PMS), commonly known as petrol.
Overall crude receipts by domestic refineries stood at 20.92 million barrels in March before declining to 18.37 million barrels in April. However, the structure of refinery feedstock changed significantly during the four-month period.
The NMDPRA data also showed that local supply of petrol rose substantially during the period, reflecting increased production from the Dangote refinery, currently the only refinery producing PMS in Nigeria.
ALSO READ: Two Vessels Cross Hormuz Amid War Tensions
According to the report, domestic petrol supply rose from 34.2 million litres per day in March to 40.7 million litres per day in April, indicating an increase of approximately 19 per cent. At the same time, imported petrol products volumes declined from 5.9 million litres daily in January to 3.7 million litres daily in April, representing a drop of about 37.3 percent.
The figures indicated that locally refined petrol is steadily displacing imported fuel in the Nigerian market as output from the Dangote refinery expands.
The NMDPRA data disclosed that average refinery capacity utilisation by the Dangote refinery reached 99.12 per cent in April, achieving 100 per cent utilisation “for most of the days in April.”
The sharp increase in crude allocation to domestic refineries reflected improved collaboration among upstream producers, regulators and refiners following persistent concerns over inadequate crude supply for local processing.
The increase in local refining came amid elevated global crude prices triggered by geopolitical tensions involving Iran and the United States.
According to the NMDPRA report, dated Brent crude averaged $120.55 per barrel in April, while international petrol prices rose to $1,074.97 per metric tonne during the month. The increase in global oil prices translated into higher domestic petrol prices across the country despite the rise in local refining activity.
The report showed that average actual pump prices stood at N1,271.50 per litre in Lagos, N1,326 per litre in Abuja, N1,340 in Kano and N1,371.50 in Maiduguri during April. Maximum retail prices reached N1,400 per litre in Sokoto and N1,413 per litre in Maiduguri.
Despite the increase in fuel prices, petrol demand remained relatively resilient. The NMDPRA stated that average daily petrol truck-out into the domestic market stood at 51.1 million litres in April, slightly above the agency’s benchmark national consumption estimate of 50 million litres per day.
Petrol production averaged 53.6 million litres daily during the month, while domestic PMS supply stood at 40.7 million litres daily. Besides, diesel production averaged 23.6 million litres per day, while aviation fuel production stood at 22.9 million litres daily.
Nigeria’s fuel reserve position also remained stable during the period despite volatility in international oil markets. According to the report, the country maintained average stock sufficiency levels of 18 days for petrol, 39 days for diesel and 70 days for aviation fuel in April.
The report further showed that the three modular refineries currently in operation, namely WalterSmith Refinery, Edo Refinery and Aradel Holdings continued to produce diesel during the month.
Collectively, the modular refineries supplied an average of 0.559 million litres of diesel daily in April. WalterSmith operated at 56.14 percent capacity utilisation and produced 0.250 million litres of diesel daily, while Edo Refinery achieved 79.20 percent utilisation with output of 0.086 million litres daily. Aradel operated at 33.95 percent utilisation with production of 0.181 million litres daily.
In the gas sector, total average gas supply stood at 5.142 billion standard cubic feet per day (Bscf/d) in April. Out of the volume, 2.012 Bscf/d was supplied to the domestic market. Also, gas supplied to the power sector averaged 0.549 Bscf/d, while commercial consumers utilised 0.671 Bscf/d and gas-based industries consumed 0.468 Bscf/d.
Liquefied Petroleum Gas (LPG) supply averaged 4,545 metric tonnes daily, while consumption stood at 4,818 metric tonnes daily. Retail LPG prices ranged between N1,100 and N1,450 per kilogramme during the period.





