Socio-Economic Rights and Accountability Project (SERAP) has sent a Freedom of Information request to President Muhammadu Buhari to provide spending details of all loans obtained by his government since May 29, 2015. Buhari was asked to include details and locations of projects on which the loans have been spent. SERAP issued 7 days ultimatum and
Socio-Economic Rights and Accountability Project has sent a Freedom of Information request to President Muhammadu Buhari to provide spending details of all loans obtained by his government since May 29, 2015.SERAP issued 7 days ultimatum and that if they do not get a reply, it shall take all appropriate legal actions.
SERAP, in a FoI request signed by deputy director Kolawole Oluwadare, expressed concerns that while governments since 1999 have borrowed money in the name of Nigeria and its citizens, much of the funds have reportedly been mismanaged, stolen or squandered. SERAP stated that instead taking more loans and increasing Nigeria’s debts burden to fund the opulent lifestyles of former state governors receiving life pensions, Buhari should cut the costs of governance.
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