Loans: OBJ, GEJ, Yar’Adua, Buhari Named as Tinubu Gets Tough Request

The Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola Tinubu to disclose the loan agreements obtained by past administrations since 1999.

In a statement on Sunday, April 14, SERAP urged President Tinubu to “direct appropriate Ministries, Departments and Agencies (MDAs) to provide our organization with copies of the loan agreements obtained by the governments of former presidents Olusegun Obasanjo, Umaru Musa Yar’Adua, Goodluck Jonathan and Muhammadu Buhari.”

Added to this the organisation is demanding that the president issue “the spending details of any such loans as well as the interests and other payments so far made on the loans.”

Even more, SERAP called on the Tinubu-led administration to establish an independent audit on the spending of the loans obtained by the governments of former heads of state and to make public the findings of any such audit.

SERAP’s deputy director, Kolawole Oluwadare, in the statement seen by New Telegraph, said:

“Publishing copies of the agreements would prevent and combat waste, corruption, mismanagement, and abuse in the spending of public funds.

“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.

“Nigerians are entitled to information about what their government is doing in their name. This is part of their right to information.”

Source: TheTalk.NG

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Zamfara APC Suspends House of Reps Member, Gives Reason

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