SERAP sues INEC over N800bn APC campaign fund
Analysis based on 18 articles · First reported Jul 12, 2026 · Last updated Jul 12, 2026
The lawsuit may increase scrutiny on campaign financing in Nigeria, potentially affecting investor confidence in governance and political stability. However, direct market impact is limited as the case is in early stages.
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigeria — Independent National Electoral Commission (INEC) at the Nigeria — Federal High Court of Nigeria, seeking an order of mandamus to compel INEC to investigate allegations that governors of the Nigeria — All Progressives Congress (APC) diverted approximately N800 billion (Nigeria — Nigerian naira) from Federation Account Allocation Committee (FAAC) allocations for political and campaign purposes, reportedly to support President Bola Tinubu's re-election bid in the 2027 general elections. SERAP also seeks disclosure of donors and sources of the alleged fund, and a review of compliance with Section 91 of the Electoral Act. The suit, filed by lawyers Kolawole Oluwadare and Kehinde Oyewumi, argues that opaque political financing threatens electoral integrity and democratic legitimacy. No hearing date has been set.
Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.
Open Dashboard