The Socio-Economic Rights and Accountability Project, (SERAP), has urged the Governor of the Central Bank of Nigeria, Olayemi Cardoso, “to account for and explain the whereabouts of the over N100 billion ‘dirty and bad notes’ and ‘other large sum of cash awaiting examination’ which are kept in various branches of the CBN”. In a letter dated June 29, 2024, and signed by its Deputy Director, Kolawole Oluwadare, SERAP said the allegations are documented in the latest annual report recently published by the Auditor-General of the Federation. The organisation said these…
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‘Minimum wage Bill must uphold workers’ right to living wage’ – SERAP to Tinubu
President Bola Ahmed Tinubu has been called upon to ensure that his government’s proposed Bill on a new minimum wage for Nigerian workers is entirely consistent and compatible with Nigeria’s international obligations to promote and advance the right of workers to an adequate living wage. The call was made by rights group, Socio-Economic Rights and Accountability Project, (SERAP), through a statement issued by its Deputy Director, Kolawole Oluwadare. Recall that President Tinubu had in his Democracy Day Speech on June 12 stated, “We shall soon send an Executive Bill to…
Read MoreSERAP sues Tinubu’s Govt. over failure to account for loans by ex-presidents
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the government of President Bola Tinubu “over the failure to publish spending details of the loans obtained by the governments of former presidents Olusegun Obasanjo, Umaru Musa Yar’Adua, Goodluck Jonathan and Muhammadu Buhari”. The suit was filed against the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Debt Management Office, (DMO). In the suit, filed on behalf of SERAP by its lawyers Kolawole Oluwadare and Andrew Nwankwo, last Friday at the Federal High Court,…
Read More“Use your first anniversary to publish your assets” – SERAP tells Tinubu
Socio-Economic Rights and Accountability Project, (SERAP), has urged President Bola Tinubu to use the anniversary of his first year in office as an opportunity to demonstrate his oft-expressed commitment to democracy, accountability, and openness in government by immediately publishing his asset declaration form. SERAP urged him to encourage his Vice-President Kashim Shettima, ministers, and state governors to also widely publish their asset declaration forms. SERAP also urged him to urgently propose a constitutional amendment to include provisions on the creation of asset declaration database to publish government officials’ asset declaration…
Read MoreSERAP gives FG 48-hour ultimatum to reverse cybersecurity levy
Socio-Economic Rights and Accountability Project (SERAP) has urged the Federal Government to urgently reverse the 0.5% cybersecurity levy introduced by the Central Bank of Nigeria, (CBN). In a statement on X, SERAP warned that it would take legal action if the government fails to comply within 48 hours, describing the levy as an ‘imposition’ that must be immediately reversed. SERAP stated, “The Tinubu administration must immediately withdraw the grossly unlawful CBN directive to implement section 44 of the Cybercrime Act 2024, which imposes a 0.5% ‘cybersecurity levy’ on Nigerians. “We’ll…
Read MoreSERAP sues Wike, Governors ‘for failing to account for N5.9tr, $4.6bn loans
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against Nigerian State governors and the Minister of the Federal Capital Territory, (FCT), Nyesom Wike. SERAP sued the 36 governors and Wike “over their failure to account for N5.9 trillion and $4.6 billion loans obtained by their states and the FCT, and to publish copies of the loan agreements, including details and locations of projects executed with the loans”. The suit followed the disclosure last month by Kaduna State governor, Uba Sani, that the immediate-past administration of Nasir el-Rufa’i…
Read MoreMissing $2.04bn, N164bn oil revenues: SERAP sues NNPCL
Socio-Economic Rights and Accountability Project, (SERAP), has sued the Nigerian National Petroleum Company, NNPC Limited, over the “failure to account for and explain the whereabouts of the alleged missing USD$2.04 billion and N164 billion oil revenues”. This is amid the allegations documented in the recently published 2020 audited report by the Auditor-General of the Federation that the NNPC failed to remit the money into the Federation Account, saying that it may have been diverted. In the suit, filed last Friday at the Federal High Court in Abuja, on behalf of…
Read More“Account for trillions of FAAC allocations or face legal action”, SERAP tells 36 governors, FCT MinisterWike
Socio-Economic Rights and Accountability Project (SERAP) has urged Nigeria’s 36 State governors and the Minister of the Federal Capital Territory, Abuja, Nyesom Wike to “provide our organisation with documents on the spending of trillions of FAAC allocations received by your state and the FCT since 1999, and to widely publish any such documents”. SERAP also urged them “to invite Independent Corrupt Practices and Other Related Offences Commission (ICPC) and Economic and Financial Crimes Commission (EFCC) to jointly track and monitor the spending of FAAC allocations by your state and the…
Read More“Obey court ruling, stop pension to ex-Govs, deputies”, SERAP urges Tinubu
Socio-Economic Rights and Accountability Project, (SERAP), has urged President Bola Tinubu to stop the payment of pensions to former governors and their deputies. The organisation recalled that in 2017, it filed a suit seeking the repeal of pensions for former governors and their deputies across all states of the Federation. In 2019, Justice Oluremi Oguntoyinbo of a Federal High Court in Ikoyi, Lagos State, ordered the Federal Government to recover pensions collected by former governors serving as ministers and members of the National Assembly. The ruling, SERAP said, was “blatantly”…
Read MoreBudget Padding: SERAP gives Akpabio 7 days to reinstate Ningi or face legal actions
The Socio-Economic Rights and Accountability Project (SERAP), has issued Senate President, Godswill Akpabio a 7-day ultimatum within which he’s to reinstate the suspended Senator representing Bauchi-North, Abdul Ningi. SERAP, which wrote the letter to the Senate urged Senate President to urgently refer the allegations that lawmakers padded the 2024 Budget by irregularly inserting projects worth N3.7 trillion to EFCC and ICPC for investigation and prosecution. Tinubu was also asked to refer the allegations of budget-padding and irregularities for which the senator was suspended to the Economic and Financial Crimes Commission,…
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