SERAP Demands Probe Into Alleged ₦78.8bn Irregularities in Social Protection Funds

The Socio-Economic Rights and Accountability Project (SERAP) has demanded an immediate independent investigation into the alleged irregular spending and unaccounted-for funds amounting to more than ₦78.8 billion under Nigeria’s social protection programmes.

The organisation reportedly issued an ultimatum to President Bola Tinubu, urging the Federal Government to investigate how the funds were allegedly spent and establish where the money went.

SERAP’s demand comes amid renewed scrutiny of the management of public funds allocated to programmes designed to provide support to vulnerable Nigerians.

The organisation is seeking an independent probe rather than allowing the allegations to remain unresolved, stressing the need for transparency and accountability in the administration of social intervention funds.

Human rights lawyer Femi Falana (SAN) has similarly called on the Economic and Financial Crimes Commission (EFCC) to investigate the alleged financial irregularities, trace any funds found to have been diverted and recover public money where wrongdoing is established.

The demand places renewed attention on the management of Nigeria’s social protection programmes, which have received substantial public funding as successive administrations seek to cushion the effects of poverty and economic hardship.

The allegations, however, do not by themselves establish that ₦78.8 billion was stolen. Determining whether funds were actually diverted, irregularly spent or simply inadequately accounted for would require an investigation and examination of the relevant financial records.

SERAP has consistently pursued legal and advocacy campaigns seeking greater transparency in the management of public resources, while Falana has also been a prominent voice in calls for government agencies to investigate alleged corruption and recover public funds.

The latest demand could therefore put additional pressure on the Federal Government and anti-corruption agencies to clarify how the money in question was authorised, disbursed and utilised, as well as whether any officials or contractors should face sanctions.

As of the time of reporting, the allegations cited in the demand remain subject to investigation, and no individual has been established as criminally liable for the alleged ₦78.8 billion irregularities.