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Senate President Akpabio, Speaker Abbas under pressure over alleged ₦18.6 billion missing funds

The FrontierThe FrontierOctober 26, 2025 3906 Minutes read0

•Akpabio and Abbas

As SERAP’s seven-day ultimatum expires, Sen­ate President Godswill Akpabio and House of Representatives’ Speaker, Abbas Tajudeen, face mounting scru­tiny over alleged procurement breaches and missing funds in a National Assembly project flagged by the Auditor-General.

The controversy over the alleged mismanagement of ₦18.6 billion earmarked for the National Assem­bly Service Commission (NASC) of­fice-complex project has placed the leadership of the National Assembly under growing public pressure, reports Sunday Independent.

The Socio-Economic Rights and Accountability Project (SERAP) last week issued a seven-day ultimatum to Akpabio and Tajudeen to publish details of how the funds were spent or face legal action.

According to the 2022 report of the Office of the Auditor-Gen­eral of the Federation (AuGF), the NASC paid over ₦11.6 billion to an undisclosed construction firm in 2020 for the building of a new office complex, followed by another ₦6.9 billion in 2023 for “conversion of a roof garden to office space.”

The audit query stated that the payments were made with­out advertisement, competitive bidding, or approval from the Bureau of Public Procurement (BPP) — violations of Nigeria’s procurement laws.

The Auditor-General further observed that there was no re­cord of a contract agreement, needs assessment, or certificate of completion, raising fears that the entire ₦18.6 billion allocation “may be missing.”

In its petition dated October 18, 2025, SERAP demanded the immediate release of key infor­mation, including the name of the contractor, the company’s directors and shareholders, and the current status of the project.

The group warned that failure to respond would leave it with no choice but to seek judicial in­tervention to compel disclosure.

“The National Assembly can­not continue to operate in secrecy while demanding accountabili­ty from other arms of govern­ment,” SERAP said, adding that transparency in parliamentary finances is vital to restoring pub­lic confidence.

A DAMNING AUDIT TRAIL

The AuGF’s report revealed that the NASC awarded the multi-billion-naira contract with­out documentation of bidding processes, tender board approv­als, or due diligence.

The payment schedule also raised eyebrows: over ₦11 billion disbursed within two years, and another ₦6.9 billion paid for what auditors described as an “inflated variation” that lacked any techni­cal or cost justification.

More troubling, the Audi­tor-General noted that the project site could not be verified, suggest­ing that either construction was abandoned or that payments far exceeded work done.

Investigations show that the project, first conceived in 2018, was meant to provide a purpose-built secretariat for the NASC, which supervises the re­cruitment, training, and welfare of staff in the National Assembly bureaucracy.

However, the project has repeatedly appeared in suc­cessive budget cycles without any corresponding physical progress.

“Every year, we see alloca­tions for this same project in the budget, but nothing seems to change on ground,” said a legis­lative aide familiar with NASC operations who requested ano­nymity.

“It has become a recur­ring decimal in the Assembly’s capital spending.”

At the heart of the scandal is a fundamental question: Where did the money go?

Neither the Senate President’s office nor that of the Speaker has provided clarity. Officials approached by our correspondent declined to comment, saying the issue “concerns the Service Commission and not the Legisla­ture itself.”

Yet civil-society observers ar­gue that the presiding officers, as heads of the National Assembly, have an obligation to explain.

Under Nigeria’s fiscal struc­ture, the National Assembly Service Commission operates as an agency under the legislature, funded through the Assembly’s own budget. The NASC is there­fore directly accountable to the National Assembly leadership, which approves its expenditure and provides oversight.

SERAP’s insistence that Ak­pabio and Abbas respond direct­ly stems from that relationship.

“Accountability cannot be del­egated,” the organisation said.

“The funds were appropriated for a National Assembly project, not a private venture. The legislature must lead by example.”

CALLS FOR TRANSPARENCY

Ironically, while the leader­ship of the National Assembly grapples with this ₦18.6 billion controversy, the Senate Commit­tee on Public Procurement last week reaffirmed its commitment to strict compliance and trans­parency in Nigeria’s public con­tracting process.

Speaking at a two-day retreat organised by LeadBold Re­source Consulting in Abuja, the Committee Chairman, Senator Olajide Ipinsagba (Ondo North), emphasised that the goal of pro­curement oversight is to ensure “value for money” and prevent leakages.

“Public procurement is not merely a technical or administra­tive activity; it is the mechanism through which government poli­cies are transformed into tangible services, infrastructure, and devel­opment outcomes,” Ipinsagba said.

He noted that procurement ac­counts for a significant portion of national expenditure, and therefore demands the highest standards of integrity, efficiency, and accountability.

While acknowledging the progress made since the pas­sage of the Public Procurement Act 2007 and the creation of the Bureau of Public Procurement (BPP), the Senator admitted that more still needed to be done to re­form and strengthen compliance systems.

“Public Procurement is not a one-time event; it is a continuous process of evolution, adaptation, and learning,” he said. “The Sen­ate Committee remains commit­ted to legislative oversight, policy advocacy, and institutional re­forms that strengthen integrity and compliance in the procure­ment system.”

Ipinsagba further urged align­ment with global best practices, saying transparency in public spending is essential to achiev­ing President Bola Tinubu’s Re­newed Hope Agenda.

“By aligning our practices with international standards and embracing innovation, we can ensure that every naira spent translates into better schools, saf­er roads, improved healthcare, and a more prosperous nation,” he stated.

Observers say the juxtaposi­tion of the Senate’s public call for transparency and the ongoing ₦18.6 billion scandal exposes the moral dilemma facing Nigeria’s legislature.

“The optics are terrible,” said Dr Abdul Rahman Bala, a politi­cal scientist at the University of Abuja. “When the same Senate preaching transparency is strug­gling to explain missing billions under its watch, it sends mixed signals to Nigerians.”

For Akpabio and Abbas, the unfolding controversy represents more than a reputational chal­lenge; it is a test of political will. Their response will determine whether the 10th National As­sembly can restore public trust in an era of economic austerity.

Civil society organisations like BudgIT and the Transpar­ency Advocates Network have urged full disclosure of all con­tract documents and the invita­tion of independent engineers to verify project execution.

“Parliament must not wait to be dragged to court before doing the right thing,” said Kolawole Olawoyin of BudgIT.

“Openness should be voluntary, not coerced.”

Experts argue that true re­form will require both internal discipline and public scrutiny. “Autonomy should not mean secrecy,” said Ezenwa Nwagwu of the Partners for Electoral Re­form.

“If the legislature cannot model transparency, then the en­tire idea of checks and balances collapses.”

As SERAP’s ultimatum laps­es and the Senate Committee on Public Procurement preaches reform, the contrast between rhetoric and reality has never been starker.

Whether the ₦18.6 billion project turns out to be a case of inflated cost, incomplete delivery, or outright diversion, it will likely define the 10th Assembly’s public image.

In a nation still battling pov­erty, unemployment, and public distrust, ₦18.6 billion represents more than a line in an audit re­port — it is a mirror reflecting how governance either works or fails.

 

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₦18.6 billion missing fundsSenate President AkpabioSpeaker Abbas
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The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.

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