SERAP Sues Power Minister, Bayo Adelabu, NBET Over Alleged ₦128bn Diversion

A civil society group has dragged the Minister of Power, Mr. Adebayo Adelabu, and the Nigerian Bulk Electricity Trading Plc. (NBET) before the Federal High Court in Abuja over the alleged failure to account for ₦128 billion in public funds.
The group, in a suit filed last Friday and marked FHC/ABJ/CS/143/2026, is seeking an order of mandamus compelling the Minister and NBET to explain the whereabouts and use of the alleged missing or diverted funds from the Ministry of Power and NBET.

According to the plaintiffs, the allegations are contained in the latest annual report released by the Auditor-General of the Federation on September 9, 2025, which reportedly flagged serious financial irregularities in the power sector.

They argued that corruption has continued to undermine Nigeria’s electricity supply, linking it to the frequent national grid collapses. The group noted that Nigerians recently experienced the first grid collapse of 2026, plunging many parts of the country into darkness.

In the suit, the group is also asking the court to compel Mr. Adelabu and NBET to disclose detailed records of how the ₦128 billion was allegedly spent, including dates of disbursement, names of beneficiaries or contractors, and their registered business names and addresses.

The group said Nigerians are bearing the brunt of what it described as “widespread and grand corruption” in the power sector, stressing that there is strong public interest in ensuring transparency and accountability.

They added that granting the reliefs sought would help curb corruption in the sector, address persistent transmission failures, and improve Nigerians’ access to stable and uninterrupted electricity supply.

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