EXCLUSIVE: How 26 Pro-Wike Rivers Lawmakers Collected ₦350m Each For Projects Never Done At least 26 Rivers State lawmakers loyal to former governor and current FCT Minister, Nyesom Wike, reportedly received ₦350 million each for constituency projects that were never executed. Documents obtained by SaharaReporters show that the funds — totaling about ₦10.5 billion — were approved and released on September 12, 2025, during the period of emergency rule in Rivers State. Sources within the Rivers State Government House revealed that none of the projects were carried out in the affected constituencies. Investigations also found that many of the companies nominated to handle the projects were inactive, dormant, or suspected to be shell companies. The revelations have raised serious concerns over accountability and misuse of public funds in the state. #RiversPolitics #CorruptionAllegations #NigeriaNews #PublicFunds

Documents Reveal Sokoto Lawmakers Spent ₦4.6bn on Vehicles Amid Rising Insecurity Documents reviewed by SaharaReporters have revealed that Sokoto State lawmakers spent ₦4.6 billion on the purchase of vehicles amid widespread insecurity and poverty in the state. Budget performance documents show that between January and September 2025, the state spent ₦1 billion on 30 vehicles for members of the House of Assembly and management staff. The expenditure has sparked criticism, coming at a time when residents continue to face worsening security challenges and economic hardship. #Sokoto #NigeriaPolitics #PublicFunds #Insecurity

Jersey To Return $9.5 Million In Alleged Corruption Proceeds To Nigeria — But Key Questions Remain Jersey, a British Crown Dependency in the Channel Islands, has announced plans to return over $9.5 million (£7 million) linked to corruption to Nigeria, with claims that the money will be used for infrastructure projects. However, this raises critical questions: Who exactly was responsible for the corruption? Which specific projects will receive the funds? How will Nigerians track and verify that this money is not lost again to mismanagement? As recovered funds continue to return to Nigeria, many citizens are asking whether transparency and accountability will finally follow or if this is just another recycled headline. Will this money truly benefit the public, or disappear once more into the system? What do you think? #Nigeria #Corruption #Accountability #PublicFunds

SERAP Urges President Tinubu to Probe N128 Billion Missing From Power Ministry, NBET The Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola Tinubu to investigate allegations that over N128 billion was misappropriated or diverted from the Federal Ministry of Power and the Nigerian Bulk Electricity Trading Plc (NBET). Citing the Auditor-General’s 2022 and 2025 reports, SERAP highlighted missing funds, undocumented payments to contractors, irregular foreign travel expenses, unauthorized sub-account transfers, and extra-budgetary spending. SERAP urged prosecution of those responsible, recovery of the funds, and their use to address Nigeria’s 2026 budget deficit. The organization emphasized that tackling corruption in the power sector is essential to improve electricity supply and uphold constitutional and international anti-corruption obligations. SERAP warned it may take legal action if the government fails to act within seven days. #SERAP #Tinubu #PowerSectorCorruption #NBET #NigeriaNews #Accountability #AntiCorruption #ElectricityCrisis #PublicFunds

Ekiti Government Allocates N300 Million for Abuja Governor’s Lodge After Spending N470 Million in 2025 Ekiti State has earmarked an additional N300 million in its 2026 budget for the construction of the governor and deputy governor's lodge in Asokoro, Abuja, despite already spending N470 million on the project earlier in 2025. A review of the Ekiti State Open Contracting Portal shows multiple contracts worth billions awarded to permanent secretaries for government projects, even as 35 key agencies received no funding for their capital projects. The development has sparked growing concerns about transparency and fiscal prudence in the management of public resources. #EkitiState #PublicFunds #GovernorLodge

House of Reps Summons CBN Governor Cardoso Over Alleged N16 Trillion Unremitted Funds The House of Representatives has summoned Central Bank of Nigeria Governor Olayemi Cardoso over allegations that the apex bank failed to remit more than ₦16 trillion in operating surplus and revenue to the government. The decision followed a motion by Public Accounts Committee Chairman Bamidele Salam, citing findings from the 2022 Auditor-General’s report, which highlighted financial irregularities linked to the Remita revenue collection system from 2015–2016. Despite disagreements among lawmakers on how to proceed, the House mandated the Public Accounts Committee to continue the investigation. Rights group SERAP had earlier demanded accountability from the CBN over missing public funds flagged in the same report. #CBN #HouseOfReps #PublicFunds

Oyo Lawmaker Questions “Secret” N300B Loan Approval Hon. Shittu Ibraheem, representing Saki West constituency, has flagged the approval of a N300 billion loan for Oyo State, describing it as secretive and unauthorized. The loan, approved on August 19 and perfected on August 26, allegedly occurred during a 6-week House recess. Ibraheem distanced himself from the approval and questioned why the loan was needed, citing a 500% increase in FAAC allocations to the state. Financial records show Oyo State had already borrowed N93.4 billion in Q2 2025 and spent N18.6 billion on debt servicing in the first half of the year. Critics also questioned a recent N63.5 billion overhaul of Government House. #OyoState #Transparency #Governance #Nigeria #PublicFunds