The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to direct the Minister of Communications, Innovation and Digital Economy, Bosun Tijani, to account for an alleged missing ₦2.9 billion of public funds from the Nigerian Communications Satellite Ltd (NIGCOMSAT) and the Nigerian Nuclear Regulatory Authority (NNRA).
In a Statement posted on its official X handle on Sunday, SERAP demanded that the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi SAN, investigate the missing funds or any other diverted funds from the agencies documented in the previous annual reports by the Auditor-General.
According to the statement, the allegations are documented in the latest annual report published by the Auditor-General on 9th of September 2025.
SERAP argued that these allegations, involving critical public institutions, represent a grave violation of the public trust and a fundamental breach of Nigeria’s anti-corruption laws and international obligations.
The statement reads, “We’ve urged President Bola Tinubu to direct @bosuntijani, Minister of Communications, Innovation and Digital Economy, and the Management of both the Nigerian Communications Satellite Ltd (NIGCOMSAT) and the Nigerian Nuclear Regulatory Authority (NNRA) to account for and explain the whereabouts of the alleged missing or diverted ₦2.9 billion of public funds from NIGCOMSAT and NNRA.
“We also urged him to direct Mr Lateef Fagbemi, SAN, the Attorney General of the Federation and Minister of Justice and anti-corruption agencies to investigate the alleged missing or diverted funds, and any other diverted public funds from the two agencies documented in previous annual reports by the Auditor-General.”
The rights group stressed that anyone found responsible should be prosecuted where sufficient admissible evidence exists, adding that any missing or diverted public funds must be fully recovered and returned to the treasury.
The statement added, “Anyone suspected to be responsible should face prosecution as appropriate, if there is sufficient admissible evidence, and any missing or diverted public funds should be fully recovered and remitted to the treasury.”
“Accountability in NIGCOMSAT and NNRA is critical given their strategic roles in Nigeria’s digital economy and national safety systems. Mismanagement in these agencies not only wastes scarce public resources but also threatens national development, technological progress, and public safety,” the statement concluded.
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