SERAP sues Tinubu govt over failure to account for loans by ex-presidents

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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.

Socio-Economic Rights and Accountability Project 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.”

In the suit, SERAP is arguing that, “No one should be able to pull curtains of secrecy around decisions on the spending of public funds which can be revealed without injury to the public interest. Democracy requires accountability and accountability requires transparency.” SERAP is arguing that, “Nigerians’ right to a democratic governance allows them to appreciably influence the direction of government, and have an opportunity to assess progress and assign blame.”

“Nigerians are entitled to information about what their government is doing in their name. This is part of their right to information.”Vandalism: FG tightens security on Third Mainland Bridge “According to Nigeria’s Debt Management Office, the total public domestic debt portfolio for the country’s is N97.3 trillion . The Federal Government’s debt is N87.3 trillion .”

“Persons with public responsibilities ought to be answerable to the people for the performance of their duties including the management of the loans obtained between May 1999 and May 2023.”

 

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