Posted by Samuel on Sun 25th Jan, 2026 - tori.ng
Oluwadare explained that the grave allegations are documented in the latest annual report published by the Auditor-General on September 9, 2025.
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Minister of Power, Adebayo Adelabu, and the Nigerian Bulk Electricity Trading (NBET) in Abuja, over the alleged mismanagement or diversion of N128 billion in public funds from the Ministry of Power and NBET.
Deputy Director of SERAP, Kolawole Oluwadare, made this disclosure in a statement on Sunday, saying that corruption contributes significantly to the frequent grid collapses, as Nigerians last week witnessed the first grid collapse of 2026, plunging the country into darkness.
Oluwadare explained that the grave allegations are documented in the latest annual report published by the Auditor-General on September 9, 2025.
The suit with number FHC/ABJ/CS/143/2026 was filed last Friday at the Federal High Court in Abuja.
SERAP is seeking an order of mandamus to direct and compel Mr Adelabu and NBET to account for the missing or diverted N128 billion from the ministry of power and NBET.
The statement said that SERAP wants an order of mandamus to direct and compel Mr Adelabu and NBET to disclose the full names, official designations, and offices of all public officers who authorized, approved, or otherwise participated in the release of the missing or diverted N128 billion in the ministry of power and NBET.
“Nigerians continue to pay the price for the widespread and grand corruption in the power sector. There is a legitimate public interest in ensuring justice and accountability for these grave allegations.
“Granting the reliefs sought would contribute to tackling corruption in the power sector and addressing the persistent breakdown of transmission lines in the country, as well as improving access of Nigerians to regular and uninterrupted electricity supply,” the statement read.