SERAP Sues INEC Over Alleged ₦126.46bn Missing Electoral Funds

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Independent National Electoral Commission (INEC) over allegations that ₦126.46 billion intended for electoral operations have been unaccounted for. The suit, filed in the Federal High Court in Abuja, seeks court orders for INEC to disclose comprehensive financial and documentary records of how the funds were employed, including payments to contractors and procurement details.

SERAP claims the funds were meant for various electoral needs such as ballot boxes, election materials, vehicles and consultancy services. The organization argues that transparency and accountability are vital as Nigeria prepares for the 2027 general elections, warning that unresolved issues could erode trust in the electoral process.

The lawsuit cites several alleged procurement irregularities, including payments of ₦112.16 billion for ballot boxes without competitive bidding or proper approvals, and an estimated ₦9.25 billion spent on 22 contracts for similar goods and services that may have been awarded to circumvent proper procedures. The Auditor-General's report also noted payments for vehicles, audit services and accreditation devices without clear justification for the amounts or the procurement processes used.

SERAP demands that INEC provide full disclosure of all transactions involving the funds, including the identities of contractors, suppliers, and any government officials involved. The organization is also requesting the preservation of all relevant electoral assets to ensure transparency and accountability in future electoral activities.