The Socio-Economic Rights and Accountability Project (SERAP) has formally reached out to former President Donald Trump, urging him to facilitate the return of approximately $52.88 million linked to the corrupt practices of former Nigerian Minister of Petroleum Resources, Diezani Alison-Madueke. This request comes in light of a recent agreement between the United States and Nigeria that aims to repatriate these funds, which were forfeited due to their association with extensive corruption.
In a letter addressed to Trump, SERAP emphasized the importance of accountability in governance and the necessity for international cooperation in combating corruption. The organization highlighted that the repatriated funds should be utilized transparently for the benefit of Nigerian citizens, particularly through initiatives like rural electrification projects funded by the World Bank.
The recent agreement signed on January 10, 2025, marks a significant milestone in the ongoing efforts between Nigeria and the U.S. to address corruption and uphold the rule of law. The Attorney General of Nigeria, Lateef Fagbemi, confirmed that $50 million of the recovered assets will support renewable energy projects in Nigeria, while an additional $2.88 million will bolster initiatives aimed at enhancing justice and counter-terrorism efforts across Africa.
SERAP's letter also addressed the broader implications of the U.S. travel ban imposed on corrupt Nigerian officials, which was originally enacted during Trump's administration. The organization urged that this ban be reinstated as a necessary measure to deter corruption and promote good governance in Nigeria. By restricting entry to individuals implicated in corrupt activities, SERAP believes that both nations can foster a more accountable political environment.
"The return of Diezani Alison-Madueke's loot is a critical step towards restoring public trust in governance," said SERAP's Executive Director. "However, it is imperative that these funds are not only returned but also managed responsibly to ensure they serve their intended purpose."