Order Buhari to publish details of govt loans since 2015, SERAP tasks court

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 that have been obtained by the government since May 29,  2015, including the interest rate, the total amount of debts so far incurred by this government as well as details of the  projects on which the loans have been spent.”

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.

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 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.”

 

YOU SHOULD NOT MISS THESE HEADLINES FROM NIGERIAN TRIBUNE

Buhari Disowns Mamman Daura On Zoning Presidency
President Muhammadu Buhari has distanced himself from the remarks attributed to his nephew, Mamman Daura, in which he opposed the application of rotational presidency in the… Read Full Story

$500m China Loan: Controversial Clause Signed During Jonathan’s Administration ― Amaechi
The Minister of Transportation, Hon Rotimi Amaechi has disclosed that Nigeria has already paid back $96 million out of the $500 million loans the country borrowed from China for the construction… Read Full Story

Can Buhari Separate Two Chickens In A Fight?
HASSAN Ayariga, founder of the All Parties Congress (APC) of Ghana, in a recent viral video, publicly reminded Nigerians that their country had become a butt of jokes in international discourses. Right before our very eyes, Ayariga rudely poked his hands into our eyeballs. Nigerians are, however, taking the insult in… Read Full Story

How I Lost Four Children, Wife To Flood Disaster —Businessman
Mr Ebubedike Igboamara, a businessman lost four of his six children and one of his two wives in the flood that ravaged Ungwan Gwari community in Niger State penultimate Saturday. He and his other wife, Dr Peace Igboamara share their grief in this interview by… Read Full Story

You might also like
Comments

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. AcceptRead More