SERAP Asks National Assembly To Reject Buhari’s Request To Take Fresh $800 Million World Bank Loan | Sahara Reporters

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The Socio-Economic Rights and Accountability Project (SERAP), a civic group, has asked the National Assembly to reject President Muhammadu Buhari’s request to demand $800 million, equivalent to over N360 billion as a new loan from the World Bank. SERAP made this known in a Twitter post released on Wednesday afternoon urging the Senate President, Ahmad Lawan and his fellow lawmakers to decline Buhari’s request.

May 10, 2023"The Senate must ask the administration to publish details of spending of all loans obtained since May 29, 2015,” the group wrote.

SERAP made this known in a Twitter post released on Wednesday afternoon urging the Senate President, Ahmad Lawan and his fellow lawmakers to decline Buhari’s request. The Senate must ask the administration to publish details of spending of all loans obtained since May 29, 2015,” the group wrote.President Muhammadu Buhari wrote to the Senate on Wednesday, requesting that it accept a new loan request of $800 million.

 

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