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Scandal Rocks NASS: Akpabio, Abbas Given 7 Days To Explain Disappearance Of ₦18.6 Billion Project Funds
The Socio-Economic Rights and Accountability Project (SERAP) has issued a seven-day ultimatum to Senate President Godswill Akpabio and House Speaker Tajudeen Abbas to provide a full account of ₦18.6 billion allegedly missing from funds allocated for the construction of the National Assembly Service Commission Office Complex.....KINDLY READ THE FULL STORY HERE▶
According to the 2022 Auditor-General of the Federation’s report, the amount was reportedly paid to an unnamed construction firm without evidence that the contract followed due process.
The report, published on September 9, 2025, further revealed that the project cost was inflated by about ₦6.9 billion for the conversion of a roof garden into office space—without any formal approval.
In a letter dated October 18, 2025, SERAP urged the presiding officers of both chambers to disclose the identity of the company that received the payments, including details of its directors, shareholders, and registered address.
The rights group also demanded explanations on why key provisions of the Public Procurement Act—such as advertisement, bidding, needs assessment, and contract agreements—were ignored before the disbursement of the ₦18.6 billion.
The Auditor-General’s findings indicated that ₦11.6 billion was initially paid on August 11, 2020, to an unknown company for the construction of the office complex, while another ₦6.9 billion was released on November 29, 2023, for the roof conversion. Both payments reportedly lacked supporting documents such as Bills of Quantity, Federal Executive Council (FEC) approval, or a Bureau of Public Procurement (BPP) certificate of no objection.
Describing the situation as a “grave breach of public trust,” SERAP warned that the alleged irregularities point to possible diversion or misappropriation of public funds.
The organisation called on the National Assembly leadership to publish the contractor’s details, account for the funds, and recover any missing amounts without delay.
It also cautioned that failure to act within seven days would compel SERAP to pursue legal action to ensure compliance in the interest of transparency and accountability.
SERAP reminded Akpabio and Abbas of their constitutional obligations under Sections 13, 15, and 16 of the 1999 Constitution, as well as Nigeria’s commitments under the United Nations Convention Against Corruption, to uphold integrity in governance.
The group emphasized that corruption in public institutions undermines service delivery, deepens poverty, and erodes public confidence in government. It urged the National Assembly to demonstrate genuine leadership by addressing the Auditor-General’s revelations and holding all responsible individuals or entities to account.
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