SERAP Gives CBN Seven Days to Explain $6.23m Buhari Election Money

SERAP don give Central Bank of Nigeria seven days to explain wetin happen to $6.23 million wey dem say former President Muhammadu Buhari request for election funding. This one no be small thing. The Auditor-General 2023 report wey dem publish on August 7, 2026, na im expose all these missing funds.

The money wey dem dey talk about no just be that $6.23 million. SERAP also mention N1.25 trillion intervention loans to state governments wey never recover, N116.18 billion loans to distressed and liquidated banks, and N262.86 billion wey dem share under Anchor Borrowers Programme. SERAP deputy director Kolawole Oluwadare sign the letter dated September 26, 2026, and tell CBN governor Olayemi Cardoso to publish names of everybody wey collect the money and how dem plan to recover am.

See wetin SERAP talk for the letter: "The accountability of public institutions, including the CBN, is a crucial pillar of Nigeria's constitutional democracy. The magnitude and nature of these findings require urgent, independent and transparent action." So CBN get seven days to explain how over N1.25 trillion just disappear. My question na: if dem no answer within seven days, wetin happen next? We just dey watch.