SERAP sues Tinubu over alleged missing $3.4bn IMF loan

Socio-Economic Rights and Accountability Project, (SERAP), has filed a lawsuit against President Bola Tinubu over “the failure to probe the grim allegations that $3.4 billion loan obtained by Nigeria from the International Monetary Fund to finance the Budget and respond to Covid-19 is missing, diverted or unaccounted for”. The allegations are contained in the recently published 2020 Nigeria’s annual audited report by the Auditor-General of the Federation. In the suit, filed last Friday at the Federal High Court, Abuja, SERAP is asking the court “to direct and compel President Tinubu…

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SERAP queries NEMA over alleged N1bn paid to Israeli company since 2010 for undelivered new aircraft

The Socio-Economic Rights and Accountability Project (SERAP) has demanded that the National Emergency Management Agency (NEMA) must immediately give an account of the N1.054 billion it reportedly paid to an Israeli-based company in 2010 for purchase of a new aircraft, which was allegedly never delivered to the agency. The report by the Auditor-General of the Federation, (OAuGF), had shown that NEMA was yet to take delivery of the aircraft 10 years after paying a deposit of N1,054,222,576 to an Israeli company. The payment was reportedly made in 2010; but, as…

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SERAP sues Wike, Govs. over failure to account for alleged missing N40tr LGA allocations

Minister of the Federal Capital Territory (FCT), Abuja, Nyesom Wike, and governors of the 36 States have been sued over their failure to account for the alleged missing N40 trillion federal allocations meant for local governments in the states and the FCT. Socio-Economic Rights and Accountability Project (SERAP) filed the lawsuit in Abuja on Friday. The suit followed the damning revelations by former president Muhammadu Buhari, who in December 2022 stated that “If the money from the Federation Account to the State is about N100m, N50m will be sent to…

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Current Economic Realities: SERAP asks Akpabio, Abbas to cut ‘self-serving N344.85bn NASS budget’  

Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President, Godswill Akpabio, and Speaker of the House of Representatives, Tajudeen Abbas to “promptly reduce the National Assembly budget of N344.85 billion, to reflect the current economic realities in the country, and cut the cost of governance”. SERAP urged them “to request President Bola Tinubu to present a fresh supplementary appropriation bill, which reflects the reduced National Assembly budget for the approval of the National Assembly.” SERAP also urged them “to promptly publish details of the National Assembly budget of…

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‘Disclose Nigeria’s daily oil production, export details’, SERAP urges NNPCL

Socio-Economic Rights and Accountability Project (SERAP) has called on the Group Chief Executive Officer, Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, to “promptly publish details of barrels of oil Nigeria produces and exports every day. In the letter dated December 9, 2023 and signed by SERAP Deputy Director, Kolawole Oluwadare, the organisation urged him “to disclose how much of the revenues generated from oil have been remitted to the public treasury since the removal of subsidy on petrol”. The group also called on him to disclose the total amounts…

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N87.4tr debt: “Reject Minister’s N15bn residence proposal for VP” – SERAP Urges Akpabio

Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President, Godswill Akpabio, to use his leadership position “to promptly reject the plan by the Minister of the FCT, Nyesom Wike, to spend N15 billion for the construction of ‘a befitting residence’ for the Vice-President, Kashim Shettima”. SERAP urged him to “assert Senate’s authority and constitutional oversight roles to reject the N2.8 billion on publicity for the FCTA and other proposed wasteful and unnecessary spending that may be contained in the 2023 supplementary budget and the 2024 budget proposed by…

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“Suspend loans to Nigeria’s 36 States” – SERAP tells World Bank

…Demands probe of loans in Nigeria Socio-Economic Rights and Accountability Project, (SERAP), has urged the World Bank President, Ajay Banga, to promptly, transparently and effectively conduct an investigation into the spending of over $8.5 billion loans and other facilities by 36 State governors in Nigeria. SERAP also urged the Bank to “suspend further applications for loans and any other funding to the 36 States until those States are able to satisfactorily explain details of spending of loans and other facilities obtained from the Bank and its partners”. Many of the…

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SERAP, others sue Tinubu ‘for appointing APC loyalists as top INEC officials’

Socio-Economic Rights and Accountability Project (SERAP), BudgIT and 34 concerned Nigerians have filed a lawsuit against President Bola Tinubu over “the appointment of at least four members of the All-Progressives Congress (APC) and allies of high-ranking politicians as new Resident Electoral Commissioners (RECs) for the Independent National Electoral Commission (INEC)” . Recall that the Senate has confirmed the appointment of seven out of 10 newly appointed RECs for INEC. The alleged APC members appointed as RECs include those from Akwa Ibom, Edo, Lagos and Rivers States. In the suit filed…

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SERAP urges court, Tinubu to stop lawmakers from buying, receiving 360 SUVs

Socio-Economic Rights and Accountability Project, (SERAP), has urged the Federal High Court in Lagos to stop the House of Representatives from procuring and taking delivery of N57.6bn 360 sports utility vehicles (SUVs) for its members, pending the hearing and determination of the applications for injunction filed by the organisation. Following news that the lawmakers were planning to order and receive N57.6 billion worth of SUVs, SERAP filed motions for interim and interlocutory injunctions. Each SUV will cost taxpayers at least N160 million, according to reports. In a letter dated 21 October…

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SERAP to file injunction against lawmakers’ purchase of bullet-proof SUVs

Socio-Economic Rights and Accountability Project, (SERAP), says pending the determination of the lawsuit, it is filing an injunction to stop the 360 members of the lower chamber from procuring Sports Utility Vehicles (SUVs). Recall that recently, reports appeared on social media that the leadership of the green chamber plans to purchase SUVs for all members of the House valued at N160 million each, totalling N57.6 billion for the purchase of the vehicles. Spokesperson of the House, Akin Rotimi, confirmed via a statement that the green chamber is in the “phased…

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