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SERAP to sue Federal Government

SERAP has advised the Federal Government to drop plan to borrow about N895billion from unclaimed dividends and funds in dormant accounts

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SERAP

The Socio-Economic Rights and Accountability Project (SERAP) has advised the Federal Government to drop the plan to borrow about N895billion from unclaimed dividends and funds in dormant accounts using the “patently unconstitutional and illegal Finance Act, 2020.”

In an open letter to President Muhammadu Buhari, SERAP urged him to ensure full respect for Nigerians’ right to property. The letter was copied to the Attorney General of the Federation and Minister of Justice, Mr Abubakar Malami (SAN) and Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed.

According to the group, the Finance Act, signed into law by Buhari last December, would allow the government to borrow unclaimed dividends and dormant account balances owned by Nigerians in any bank in the country.

But SERAP, in the letter dated January 9, 2021, and signed by its Deputy Director, Kolawole Oluwadare, stated that the right to property is sacred and fundamental. “Borrowing unclaimed dividends and funds in dormant accounts amount to an illegal expropriation, and would hurt poor and vulnerable Nigerians who continue to suffer under reduced public services, and ultimately lead to unsustainable levels of public debt.”

SERAP further argued: “The right to property extends to all forms of property, including unclaimed dividends and funds in dormant accounts. Borrowing these dividends and funds without due process of law, and the explicit consent of the owners is arbitrary, and as such, legally and morally unjustifiable.”

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To SERAP, the borrowing is neither proportionate nor necessary, especially given the unwillingness or inability of the government to stop systemic corruption in ministries, departments and agencies, cut waste and stop all leakages in public expenditures.

“Rather than pushing to borrow unclaimed dividends and funds in dormant accounts, your government ought to move swiftly to cut the cost of governance, ensure review of jumbo salaries and allowances of all high-ranking political office holders, and address the systemic corruption in ministries, departments and agencies as well as improve transparency and accountability in public spending.

“The borrowing also seems to be discriminatory, as it excludes government-owned official bank accounts, and may exclude the bank accounts of high-ranking government officials and politicians, thereby violating the constitutional and international prohibition of discrimination against vulnerable groups, to allow everyone to fully enjoy their right to property and associated rights on equal terms.”

SERAP is concerned that the government has also repeatedly failed and/or refused to ensure transparency and accountability in the spending of recovered stolen assets, and the loans so far obtained, which, according to the Debt Management Office, currently stands at $31.98 billion.

The group urged Federal Government to drop the borrowing plan and to return the Finance Act to the National Assembly to repeal it within 14 days or face legal action.

Source: Guardian Newspaper

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INEC Urges Broadcasters to Uphold Fairness Ahead of 2027 Elections

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By Yusuf Danjuma Yunusa

The Independent National Electoral Commission has underscored the critical role of broadcast media in safeguarding electoral integrity, urging broadcasters to uphold fairness, professionalism, and accuracy ahead of the 2027 general elections.

Addressing the 81st General Assembly of the Broadcasting Organisations of Nigeria on Wednesday in Abuja, the INEC chairman, Prof. Joash Amupitan, stressed that the management of the airwaves under the Electoral Act 2026 would be decisive in shaping public trust and democratic outcomes.

Amupitan noted that the growing influence of broadcast platforms has made it central to political communication.

He warned, saying, “Your airwaves have become the primary infrastructure of our democracy. If they are clear, the nation sees the truth; if they are clouded by misinformation, the sovereign will of the people is threatened.”

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Amupitan highlighted key provisions of the Electoral Act 2026, particularly those mandating equal access to media platforms and prohibiting the misuse of state-owned media.

He explained that “state apparatus, including the media, shall not be employed to the advantage or disadvantage of any political party or candidate at any election”.

He also emphasised that media time shall be allocated equally among the political parties or candidates at similar hours of the day.

Amupitan further cautioned against inflammatory political messaging, citing the law, which states that “a political campaign or slogan shall not be tainted with abusive language directly or indirectly likely to injure religious, ethnic, tribal or sectional feelings.”

The commission also reiterated restrictions on campaign broadcasts close to election day, noting that “any person, print or electronic medium that broadcasts, publishes, advertises or circulates any material within 24 hours immediately preceding or on polling day commits an offence under this Act.”

While acknowledging the reforms introduced by the new law, the INEC chairman raised concerns over enforcement gaps, regulatory overlap, and the growing influence of digital media, warning that these challenges could undermine the effectiveness of the legal framework.

He called for stronger collaboration between regulators and industry players, proposing an alliance involving INEC, BON, security agencies, and the judiciary to ensure compliance and accountability.

With the countdown to the 2027 elections underway, the Commission disclosed that “283 days remain until the Presidential and National Assembly Elections on January 16, 2027,” and “304 days to go” before the governorship and state assembly polls.

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Isoko Traditional Rulers Divided Over 250 Million Offer To Confer Chieftaincy Title On Senatorial Aspirant

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Isoko Traditional Rulers Divided Over 250 Million Offer To Confer Chieftaincy Title On Senatorial Aspirant

A Delta South Senatorial candidate in a desperate bid to garner endorsements has made an offer of a whopping N250 million to Isoko Traditional Rulers for conferment of an omnibus Chieftaincy Title on him, insisting that he had never had one.

The offer is however been rebuffed by some of the notable Kings, who view the offer as a “Greek gift”, and vowed to stonewall it, while the other group is desperate to have their hands in the bounty.

A traditional ruler, who crave for anonymity said: “you are offering a hefty N250 million for a chieftaincy title at the eleventh hour when in normal circumstances it should be free based on your performances while in office.

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Frantic efforts are being made to get the integrity group of traditional rulers on board to grant the Senatorial Candidate his wish through intensive lobbying.

The traditional rulers are said to be consulting amongst themselves whether to accept the offer.

Isoko is made up of 17 autonomous clans, each with its own authority to confer chieftaincy on deserving sons and daughters.

Last week Saturday, Senator Joel Onowakpo Thomas, representing Delta South gathered some traditional rulers, politicians and Isoko Development Union (IDU) at his country home, Emede in Isoko South and got an endorsement for a second term come 2027.

The endorsement had not gone down well with the generality of Delta South, especially the people of the two local governments in Isokoland as it has been heavily criticized.

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Kwankwaso, Atiku, Amaechi, Obi, Others Match-Out in Peaceful Protest at INEC’s Headquarters

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By Yusuf Danjuma Yunusa

A coalition of chieftains from the African Democratic Congress (ADC), led by the party’s interim Chairman, David Mark, staged a peaceful protest at the headquarters of the Independent National Electoral Commission (INEC) in Abuja. The demonstration was in response to INEC’s recent withdrawal of recognition from the David Mark-led faction as the legitimate leadership of the party.

Prominent figures in the protest included former Vice President Atiku Abubakar, former Governors Rabiu Musa Kwankwaso and Peter Obi, as well as former Ministers Rotimi Amaechi and Rauf Aregbesola.

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The leadership crisis within the ADC has deepened in recent times, with the emergence of yet another faction backed by state chairmen of the party. This group claims legitimacy over the two existing factions—one led by Nafiu Bala and the other by David Mark.

Amid this increasingly undemocratic atmosphere, the David Mark-led faction had scheduled its national convention for April 14. However, with today being April 8, questions are being raised over whether the faction can meet that deadline or if the leadership dispute will be resolved before the date.

Meanwhile, INEC has set May 10 as the final deadline for all political parties to submit the names of their flag bearers for the 2027 general election.

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