The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu “to direct the Ministry of Humanitarian Affairs and Poverty Reduction, the National Cash Transfer Office (NCTO) and the National Social Safety Nets Coordinating Office (NASSCO) to urgently account for over ₦78.8 billion in public funds reportedly diverted, unaccounted for or irregularly spent.”
The grave allegations are documented in the 2024 Annual Report published by the Auditor-General of the Federation on 7 August 2026. According to the Auditor-General, the findings in the report variously covered periods between January and December 2023 and ending on 31 December 2024.
SERAP urged the President “to direct the Ministry and NCTO to publish the full records and audit trail of the ₦33.751 billion 2023 cash transfers, including the name of the beneficiaries, payments, verification, authorisations and reconciliation, and to explain the failure to provide REMITA records to the Auditor-General.”
SERAP urged him “to direct the Ministry and NCTO to account for the ₦36.744 billion payments made without prepayment audit, the ₦4.616 billion in unsupported expenditures, the ₦350.182 million enrolment payments, the ₦89.511 million store purchases and the ₦17.422 million diesel advances.”
