A lawsuit has been filed by the Socio Economic Rights and Accountability Project, SERAP, against the Central Bank of Nigeria, CBN, over its alleged failure to account for N3 trillion in public funds, including over N629 billion reportedly paid to “unknown beneficiaries” under the Anchor Borrowers’ Programme. This was disclosed in a statement issued on Sunday by SERAP Deputy Director, Kolawole Oluwadare. The suit, numbered FHC/ABJ/CS/250/2026, was filed last week at the Federal High Court in Abuja. SERAP stated that this lawsuit followed grave allegations contained in the latest annual report by the Auditor-General of the Federation, which was published on 9 September 2025. It further stated that it wants the court to compel CBN to account for the missing funds as well as explanations o...