Abuja, Nigeria — Fresh concerns have emerged over the activities of individuals promoting what is popularly known as the UAAG Grant, with allegations that thousands of Nigerians have paid registration and processing fees over several years in anticipation of receiving a purported multi-billion-dollar grant that has yet to materialize.
The allegations, circulating widely on social media and among affected individuals, claim that a group allegedly led by Apostle Ambassador Dr. Ken Nwakanma has, for more than a decade, encouraged Nigerians to register and make financial contributions on the promise that the grant would eventually be disbursed.
According to the allegations, participants were told that the funds had already arrived in Nigeria and were being held by the World Bank, awaiting release. Some promoters reportedly also claimed that prominent public figures, including former President Olusegun Obasanjo and Dr. Ngozi Okonjo-Iweala, had endorsed or facilitated the process.
The allegations further state that participants were informed that President Bola Ahmed Tinubu was delaying the release of the funds for government purposes.
However, no publicly available evidence has been presented to substantiate these claims, and there is no official confirmation from the World Bank or relevant Nigerian authorities that such a UAAG grant exists or that funds are being withheld in the manner alleged.
Several individuals who say they joined the scheme claim they have continued making payments in the hope of receiving the promised grant. Some allege they sold property, borrowed money, or invested significant savings after being assured that the payouts were imminent.
Consumer protection advocates warn that investment and grant schemes requiring repeated registration or processing fees without transparent documentation, regulatory approval, or verifiable funding sources should be approached with extreme caution.
Stakeholders are calling on the Federal Government, the Economic and Financial Crimes Commission (EFCC), the Nigeria Police Force, and other relevant agencies to investigate the allegations and publicly clarify the status of the purported UAAG Grant.
They also urge anyone who has suffered financial loss to report the matter to law enforcement agencies and provide documentary evidence that may assist investigators.
As of the time of filing this report, Apostle Ambassador Dr. Ken Nwakanma has not publicly responded to these specific allegations, and no court has found him or any associated person liable in relation to the claims described above.
The matter remains one of significant public interest, with many Nigerians calling for an official investigation to establish the facts, protect the public from potential fraud, and hold accountable anyone found to have violated the law.
