Business
SERAP sues CBN over alleged missing N3 trillion
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Central Bank of Nigeria (CBN), demanding a full account of an alleged N3 trillion in missing or diverted public funds.
The lawsuit is also seeking accountability over the sum of N629 billion reportedly paid to “unknown beneficiaries” under the Anchor Borrowers’ Programme.
In a statement released on Sunday, SERAP said the legal action followed what it described as “grave allegations” contained in the latest annual report of the Auditor-General of the Federation, published on September 9, 2025.



