• Home
  • Agric
  • Sci & Tech
  • Health
  • Environment
  • Hausa News
  • More
    • Business/Banking & Finance
    • POLITICS
    • Entertainments & Sports
    • International
    • Investigation
    • Law & Human Rights
    • Africa
    • ACCOUNTABILITY/CORRUPTION
    • Hassan Gimba
    • Column
    • Prof. Jibrin Ibrahim
    • Prof. M.K. Othman
    • Defense/Security
    • Education
    • Energy/Electricity
    • Entertainment/Arts & Sports
    • Society and Lifestyle
    • Food & Agriculture
    • Health & Healthy Living
    • International News
    • Interviews
    • Investigation/Fact-Check
    • LAW & HUMAN RIGHTS
    • Oil & Gas/Mineral Resources
    • PRESS FREEDOM/JOURNALISM/PR
    • General News
    • Presidency
  • About Us
    • Contact Us
    • Board Of Advisory
    • Privacy Policy
    • Ethics Policy
    • Teamwork And Collaboration Policy
    • Fact-Checking Policy
    • Advertising
  • Media OutReach Newswire
    • Wire News
  • The Stories
Facebook Twitter Instagram
Trending
  • FG to raise ₦1.2trn through reopening of 2 FGN bonds
  • Naira hits strongest level since April, closes at N1,356/$
  • UTME 2026: JAMB releases mop-up results, begins candidate ranking for admissions
  • Dangote expects over $4bn annual forex earnings from fertiliser exports
  • Naira holds steady at N1,850 against British pound despite global GBP rebound
  • Ericsson reports rapid growth in global 5G subscriptions
  • Anambra reaffirms commitment to telemedicine expansion
  • AFAN Kano calls for fertilizer subsidy to boost agriculture
Facebook Twitter Instagram YouTube
AsheNewsAsheNews
  • Home
  • Agric

    Dangote expects over $4bn annual forex earnings from fertiliser exports

    June 16, 2026

    AFAN Kano calls for fertilizer subsidy to boost agriculture

    June 16, 2026

    Food security expert urges youth involvement in agriculture

    June 16, 2026

    Jigawa farmers hope for bumper harvest

    June 15, 2026

    Association raises alarm over job losses, rising costs in food sector

    June 15, 2026
  • Sci & Tech

    Ericsson reports rapid growth in global 5G subscriptions

    June 16, 2026

    Musk predicts SpaceX could generate $1trn revenue by 2030

    June 15, 2026

    NCDMB trains 160 youths in AI, data analytics

    June 12, 2026

    Stakeholders urge Nigeria to boost local food ingredient production

    June 10, 2026

    Perplexity AI locks in 2028 IPO date, won’t wait for Anthropic or OpenAI to market

    June 9, 2026
  • Health

    Anambra reaffirms commitment to telemedicine expansion

    June 16, 2026

    KSCHMA urges traditional leaders to boost healthcare utilization

    June 16, 2026

    NGO launches pilot program to tackle drug abuse in Kano

    June 16, 2026

    NBC develops strategies to strengthen border security

    June 16, 2026

    LUTH celebrates blood donors on world blood donor day

    June 16, 2026
  • Environment

    All injured passengers discharged after train accident

    June 16, 2026

    SWEEP calls for waste management reforms in Lagos

    June 16, 2026

    Chairman pledges continued crackdowns on criminal hideouts

    June 16, 2026

    ACR calls for national honor for plastic bottle house pioneer

    June 15, 2026

    UNA signs MoU to launch air Bissau in Guinea-Bissau

    June 15, 2026
  • Hausa News

    UNA signs MoU to launch air Bissau in Guinea-Bissau

    June 15, 2026

    Otti plans 250-room 5-star hotel in Umuahia

    April 11, 2026

    Anti-quackery task force seals 4 fake hospitals in Rivers

    August 29, 2025

    [BIDIYO] Yadda na lashe gasa ta duniya a fannin Ingilishi – Rukayya ‘yar shekara 17

    August 6, 2025

    A Saka Baki, A Sasanta Saɓani Tsakanin ‘Yanjarida Da Liman, Daga Muhammad Sajo

    May 21, 2025
  • More
    1. Business/Banking & Finance
    2. POLITICS
    3. Entertainments & Sports
    4. International
    5. Investigation
    6. Law & Human Rights
    7. Africa
    8. ACCOUNTABILITY/CORRUPTION
    9. Hassan Gimba
    10. Column
    11. Prof. Jibrin Ibrahim
    12. Prof. M.K. Othman
    13. Defense/Security
    14. Education
    15. Energy/Electricity
    16. Entertainment/Arts & Sports
    17. Society and Lifestyle
    18. Food & Agriculture
    19. Health & Healthy Living
    20. International News
    21. Interviews
    22. Investigation/Fact-Check
    23. LAW & HUMAN RIGHTS
    24. Oil & Gas/Mineral Resources
    25. PRESS FREEDOM/JOURNALISM/PR
    26. General News
    27. Presidency
    Featured
    Recent

    FG to raise ₦1.2trn through reopening of 2 FGN bonds

    June 16, 2026

    Naira hits strongest level since April, closes at N1,356/$

    June 16, 2026

    UTME 2026: JAMB releases mop-up results, begins candidate ranking for admissions

    June 16, 2026
  • About Us
    1. Contact Us
    2. Board Of Advisory
    3. Privacy Policy
    4. Ethics Policy
    5. Teamwork And Collaboration Policy
    6. Fact-Checking Policy
    7. Advertising
    Featured
    Recent

    FG to raise ₦1.2trn through reopening of 2 FGN bonds

    June 16, 2026

    Naira hits strongest level since April, closes at N1,356/$

    June 16, 2026

    UTME 2026: JAMB releases mop-up results, begins candidate ranking for admissions

    June 16, 2026
  • Media OutReach Newswire
    • Wire News
  • The Stories
AsheNewsAsheNews
Home»ECONOMY»SERAP to World Bank: Publish documents of $500m spent on funded electricity projects
ECONOMY

SERAP to World Bank: Publish documents of $500m spent on funded electricity projects

EditorBy EditorFebruary 7, 2021No Comments6 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Socio-Economic Rights and Accountability Project, SERAP, has called on the president of the World Bank, Mr David Malpass to release archival records and documents relating to spending on all approved funds to improve access to electricity in Nigeria between 1999 and 2020.

SERAP also wants the Bank to publish its role in the implementation of any funded electricity projects, and to identify and name any executed projects, and Nigerian officials, ministries, departments and agencies involved in the execution of such projects.

Recall that the Board of  World Bank Board of Directors only last week, approved $500m “to help boost access to electricity in Nigeria and improve the performance of the electricity distribution companies in the country.”

But SERAP, in its application dated 6 February 2021, and signed by SERAP deputy director Kolawole Oluwadare, urged the Bank to “explain the rationale for the approval of $500m to implement electricity projects in the country, despite reports of widespread and systemic corruption in the sector, and the failure of the authorities to enforce a court judgment ordering the release of details of payments to allegedly corrupt electricity contractors who failed to execute any projects.

“This application is brought pursuant to the World Bank’s Access to Information Policy, which aims to maximize access to information and promote the public good. There is public interest in Nigerians knowing about the Bank’s supervisory role and specifically its involvement in the implementation of electricity projects, which it has so far funded.

“The $500m is part of the over one billion dollars available to Nigeria under the project titled: Nigeria Distribution Sector Recovery Program. We would be grateful for details of any transparency and accountability mechanisms under the agreement for the release of funds, including whether there is any provision that would allow Nigerians and civil society to monitor the spending of the money by the government, its agencies, and electricity distribution companies.”

SERAP also said: “Should the Bank fail and/or refuse to release the information and documents as requested, SERAP would file an appeal to the Secretariat of the Bank’s Access to Information Committee to challenge any such decision, and if it becomes necessary, to the Access to Information Appeals Board. SERAP may also consider other legal options outside the Bank’s Access to Information framework.”

The letter copied to Shubham Chaudhuri, World Bank Country Director for Nigeria, read in part: “SERAP believes that releasing the information and documents would enable Nigerians and civil society to meaningfully engage in the implementation of electricity projects funded by the Bank, contribute to the greater public good, and enhance the Bank’s oft-stated commitment to transparency and accountability.”

“The World Bank has been and continues to be involved in overseeing the transfer, disbursement, spending of funds on electricity projects in Nigeria. The Bank also reportedly approved a $750 million loan for Nigeria’s electricity sector in June 2020 to cut tariff shortfalls, protect the poor from price adjustments, and increase power supply to the grid. As such, the World Bank is not a neutral party in this matter.”

“SERAP is seriously concerned that the funds approved by the Bank are vulnerable to corruption and mismanagement. The World Bank has a responsibility to ensure that the Nigerian authorities and their agencies are transparent and accountable to Nigerians in how they spend the approved funds for electricity projects in the country, and to reduce vulnerability to corruption and mismanagement.”

“SERAP also believes that the release of the requested information and documents is of paramount important to the public interest in preserving the legitimacy, credibility and relevance of the Bank as a leading international development institution. The Bank ought to lead by example in issues such as transparency and public disclosure raised in this request.”

“It would also demonstrate that the Bank is willing to put people first in the implementation of its development and governance policies and mandates, as well as remove any suspicion of the Bank’s complicity in the alleged mismanagement of electricity projects-related funds.”

“The information is also being sought to improve the ongoing fight against corruption in the country and the provision of regular and uninterrupted electricity supply to Nigerians as a fundamental human right.”

“The information requested is not affected by the “deliberative” “corporate administrative matters” or “security and safety” exceptions under the Policy. The information requested is crucially required for Nigerians to know how the funds released to the authorities to improve electricity supply in the country have been spent, and monitor how the funds are being used.”

“SERAP’s report, titled: From darkness to darkness: How Nigerians are paying the price for corruption in the electricity sector documents widespread and systemic corruption in the electricity sector, and reveals how about N11 trillion electricity fund was squandered by successive administrations in Nigeria since the return of democracy in 1999.”

“This report raises specific questions of public interest, and the World Bank ought to be concerned about how Nigerian authorities are addressing reports of widespread and systemic corruption in the electricity sector, and to seek some answers from the authorities on the problems.”

“However, as the report shows, the Bank’s funding of the electricity sector has not resulted in corresponding access of Nigerians to regular and uninterrupted electricity supply. Successive governments have failed to provide access to regular and reliable electricity supply to millions of the citizens despite budgeting trillions of naira for the power sector.”

“Millions of Nigerians still lack access to free pre-paid meters. Authorities continue to use patently illegal and inordinate estimated billing across the country, increasing consumer costs, and marginalizing Nigerians living in extreme poverty, disproportionately affecting women, children and the elderly.”

SERAP therefore urged Mr Malpass to: Disclose and release information and documents relating to spending of funds approved and released to Nigeria between 1999 and 2020 to improve access to regular and uninterrupted electricity supply, including copies of supervision reports, periodic reviews and other appropriate reports on the Bank’s role in the spending and disbursement of the funds, as well as specific projects on which the funds have been spent;

“Disclose implementation status and results and completion reports on the electricity projects that the Bank has so far funded in Nigeria;

“Disclose information on the of level of involvement of World Bank in the implementation of electricity projects between 1999 and 2020;

“Disclose information on agreements and the mechanisms the Bank is putting in place to ensure transparency and accountability in the spending of all funds on electricity projects in Nigeria;

“Disclose the terms and conditions of all electricity projects related funds that have been approved for Nigeria between 1999 and 2020.”

electricity projects SERAP transparency World Bank
Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Editor
  • Website

Related Posts

FG to raise ₦1.2trn through reopening of 2 FGN bonds

June 16, 2026

Naira hits strongest level since April, closes at N1,356/$

June 16, 2026

Naira holds steady at N1,850 against British pound despite global GBP rebound

June 16, 2026

Leave A Reply Cancel Reply

FG to raise ₦1.2trn through reopening of 2 FGN bonds

June 16, 2026

Naira hits strongest level since April, closes at N1,356/$

June 16, 2026

UTME 2026: JAMB releases mop-up results, begins candidate ranking for admissions

June 16, 2026

Dangote expects over $4bn annual forex earnings from fertiliser exports

June 16, 2026
About Us
About Us

ASHENEWS (AsheNewsDaily.com), published by PenPlus Online Media Publishers, is an independent online newspaper. We report development news, especially on Agriculture, Science, Health and Environment as they affect the under-reported rural and urban poor.

We also conduct investigations, especially in the areas of ASHE, as well as other general interests, including corruption, human rights, illicit financial flows, and politics.

Contact Info:
  • 1st floor, Dogon Daji House, No. 5, Maiduguri Road, Sokoto
  • +234(0)7031140009
  • ashenewsdaily@gmail.com
Facebook Twitter Instagram Pinterest
© 2026 All Rights Reserved. ASHENEWS Daily Designed & Managed By DeedsTech

Type above and press Enter to search. Press Esc to cancel.