SERAP Gives INEC Seven Days to Account for Alleged ₦126 Billion Electoral Funds

THISDAYLIVE | 14-09-2026 03:41am |

The Socio-Economic Rights and Accountability Project (SERAP) has issued a seven-day ultimatum to the Independent National Electoral Commission (INEC) to account for over ₦126.46 billion in electoral funds flagged by the Auditor-General of the Federation. According to SERAP, the funds include payments made without proper procurement procedures and for goods and services whose delivery could not be established. The organisation also called on INEC Chairman, Professor Joash Ojo Amupitan, to refer the alleged financial irregularities to the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) for investigation, prosecution, and recovery of public funds where wrongdoing is established. The demands were contained in a statement by SERAP's Deputy Director, Kolawole Oluwadare, and are based on findings in the 2023 audited report of the Auditor-General of the Federation.

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