Assets Publication: Falana Backs SERAP, Replies Presidency

Hamilton Nwosa
Writer

Ad

Details as FG, States LGs Share N2.103trn in September

By Abiola Olawale The Federation Account Allocation Committee (FAAC) has disbursed a total of N2.103 trillion as federation revenue for September 2025, shared among the Federal Government (FG), 36 states, and 774 Local Government Councils (LGCs). The allocation was made at the Federation Account Allocation Committee (FAAC) meeting chaired by the Accountant-General of the Federation,…

Why I Don’t Want Nigeria to Qualify for 2026 World Cup– South Africa’s Minister Reveals

By Abiola Olawale South Africa's Minister of Sport, Arts and Culture, Gayton McKenzie, has unleashed a scathing attack on Nigeria's Super Eagles, declaring outright that he hopes they crash out of contention for the 2026 FIFA World Cup. McKenzie spoke during an interview with Radio 947 in Johannesburg, where he accused Nigeria of allegedly attempting…

From Harvard to Stanford: The Tuition Costs of the Top 10 Colleges

Key Takeaways Tuition alone at elite schools ranges from $59K to $71K, compared to $43K at the average private college. The University of Chicago tops the list. The cost of attending America’s most prestigious universities continues to soar. For the 2024–25 academic year, the total annual cost of the top 10 national universities now ranges…

Ad

A human rights lawyer, Mr. Femi Falana, SAN, has asked the President, Major General Muhammadu Buhari (retd.), and the Vice president, Prof. Yemi Osinbajo, to publicly declare their current assets.

This was contained a statement signed by Falana and circulated by the Socio-Economic Rights and Accountability Project.

It will be recalled that SERAP had demanded that Buhari, Osinbajo, and 36 state governors and their deputies publicly declare any updates on their asset declarations submitted to the Code of Conduct Bureau.

Falana, in the statement obtained by sources on Tuesday, faulted the President’s claim for not declaring his assets, saying it contradicted the 1999 Constitution of Nigeria (as amended), the Freedom of Information Act and the African Charter on Human and Peoples’ Rights.

He said, “The Presidency has claimed that there is no law in Nigeria mandating President Buhari to declare his assets publicly. With due respect, this cannot be the correct position of our law.

“As far as the law is concerned, the word ‘declaration’ means ‘a formal statement, proclamation, or announcement, especially embodied in an instrument.’

  1. “The combined effect of the Constitution, FoI Act and the African Charter is that all public officials ought to voluntarily announce publicly their asset declarations even without prompting from civil society groups like SERAP.

“In the alternative, the Code of Conduct Bureau is bound by law to make them available to members of the public, pursuant to section 1 of the FoI Act.

“In fact, the law contemplated by the Constitution to make asset declarations of public officials public is the FoI Act. With the FoI Act, there is no longer secrecy in government, including in the asset declarations made by all public officials.

“Even private citizens can no longer insist on secrecy as they are now required by official policies to register their biometric data for the purpose of acquiring international passports, telephone lines and opening of bank accounts.

“The Bank Verification Number commonly called BVN – a biometric identification system implemented by the Buhari administration–has ended secrecy of bank accounts, thereby curbing illegal banking transactions in Nigeria.

Ad

X whatsapp