SERAP Asks Court To Compel Buhari To Publish Details Of Govt Loans

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The Socio-Economic Rights and Accountability Project (SERAP) has asked the Federal High Court, Abuja to order President Muhammadu Buhari to publish details of loans obtained by his government since May 29, 2015.

SERAP also wants the court to compel the Buhari administration to include the interest rate, the total amount of debts so far incurred, as well as details of the  projects on which the loans have been spent on.loans, Socio-Economic Rights and Accountability Project, President Muhammadu Buhari

Read also: Tinubu: I Never Said I Spent N35bn On Buhari’s Elections

Joined as respondents in the suit number FHC/ABJ/ CS/785/2020 are the Attorney- General of the Federation and  Minister of Justice, Mr Abubakar Malami; Minister of Finance, Budget and National Planning, Ms Zainab Ahmed, and the director-general of the Debt Management Office, Ms Patience Oniha.

The Socio-Economic Rights and Accountability Project (SERAP) is seeking “an order of mandamus to direct and compel President Buhari to tell Nigerians the names of countries and bodies that have given the loans, specific repayment conditions and whether any public officer solicited and/or received bribes in the negotiations for any of the loans and if there is a plan to audit the spending of the loans to resolve any allegation of mismanagement and corruption.

SERAP is also asking the court to “direct and compel President Muhammadu Buhari to tell Nigerians if he would instruct the  Independent Corrupt Practices and other related offences Commission (ICPC) and the Economic and Financial Crimes  Commission (EFCC) to monitor the spending of all loans obtained since May 2015.”

'Dotun Akintomide
'Dotun Akintomide
'Dotun Akintomide's journalism works intersect business, environment, politics and developmental issues. Among a number of local and international publications, his work has appeared in the New York Times. He's a winner of the National Youth Service Corps (NYSC) Award. Currently, the Online Editor at The New Diplomat, Akintomide has produced reports that uniquely spoke to Nigeria's experience on Climate Change issues. When Akintomide is not writing, volunteering or working on a media project, you can find him seeing beautiful sites like the sandy beaches that bedecked the Lagos coastline.

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