The Sosial-Economic Rights and Accountability Project (SERAP), has dragged the Minister of Power, Mr Adebayo Adelabu and Nigerian Bulk Electricity Trading Plc., (NBET), before the Federal High Court in Abuja, over failure to account for the missing or diverted ₦128 billion of public funds from the Federal Ministry of Power and NBET.
The suit number FHC/ABJ/CS/143/2026, followed the documentation of the allegation in the latest annual report published by the Auditor-General on September 9, 2025.
It noted that corruption contributes significantly to the frequent grid collapses, as Nigerians last week witnessed the first grid collapse of 2026, plunging the country into darkness.
In the suit filed last Friday, SERAP is seeking an order of mandamus to direct and compel Mr Adelabu and NBET to account for the missing or diverted ₦128 billion from the ministry of power and NBET.
It is also seeking an order of mandamus to direct and compel Mr Adelabu and NBET to disclose details of how the missing or diverted ₦128 billion was spent including the dates of disbursement and the purported beneficiaries or contractors, who received the money as well as their registered business names and addresses.
SERAP noted that Nigerians continue to pay the price for the widespread and grand corruption in the power sector, adding that there is a legitimate public interest in ensuring justice and accountability for these grave allegations.
Granting the reliefs sought would contribute to tackling corruption in the power sector and addressing the persistent breakdown of transmission lines in the country, as well as improving access of Nigerians to regular and uninterrupted electricity supply.
