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Trump’s Moves on Nigeria Driven by Oil, Says Bakare

Pastor Tunde Bakare has claimed that President Donald Trump’s decision to list Nigeria as a “Country of Particular Concern” and speak of Christian genocide is tied to a strategic push for Nigeria’s oil and other key assets. Speaking during a State of the Nation Address in Lagos, he said the Trump administration sees Nigeria’s oil wealth, mineral resources, real estate and role in emerging technologies as central to its foreign and economic agenda.​ Bakare said he believed Trump’s interest in Nigeria was confirmed by a vision he had shortly after Trump’s 2024 election victory, in which the US leader arrived in Lagos dressed in traditional Arab clothing and declared, “We are here now.” He interpreted this as a sign of deep economic and geopolitical interest linked to Middle East politics, oil and gas, property and Nigeria’s growing technology ecosystem, with […]

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SERAP Sues NNPC Over Missing ₦500bn Oil Money: “Account for 2024 Shortfall Now!

Transparency watchdog SERAP has filed a high-stakes lawsuit against NNPC Limited, demanding accountability for ₦500 billion in missing oil revenues from late 2024. The move follows explosive World Bank reports showing NNPC remitted only ₦600bn of ₦1.1tn earned October-December 2024. ⚖️ Lawsuit Breakdown In *Suit No: FHC/L/MSC/553/2025* (Lagos Federal High Court), SERAP seeks: Court Order: Force NNPC to disclose whereabouts of unremitted ₦500bn Corruption Probe: Invite anti-graft agencies to investigate/recover funds Prosecutions: Identify and punish responsible officials Immediate Remittance: Return funds to Federation Account NNPC’s Controversial Defense: "FOI Act doesn’t apply to us" – Afe Babalola & Co (NNPC’s lawyers) SERAP’s Counterargument: "Supreme Court already ruled FOI Act covers ALL public records – including NNPC’s." 💰 Why This Matters SERAP argues this missing money: 📉 Worsens Nigeria’s debt crisis and deficit spending 🚫 Denies states/local governments critical allocations 🏥 Deprives citizens of essential services amid cost-of-living crisis ⚖️ Violates Constitution (Sections 13 & 15) and UN Anti-Corruption […]

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