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SERAP sues Buhari over N1.48trn expenditure on failed refineries

SERAP sues Buhari over N1.48trn expenditure on failed refineries

The Socio-Economic Rights and Accountability Project (SERAP) has instituted a lawsuit against President Muhammadu Buhari over alleged diversion of N1.48 trillion meant for the rehabilitation of the country’s refineries.

The suit wasfiled on behalf of SERAP by its lawyers Kolawole Oluwadare and Ms Adelanke Aremo, last week, at the Federal High Court in Lagos State.

The group noted that the Federal Government allegedly spent N10.23 billion in June 2020 on three refineries that processed zero crude.

Also in 2021, the government approved $1.5 billion (about N600 billion) to repair the Port Harcourt refinery. Despite the huge spending, the refineries are still not working while fuel scarcity persists.

In the suit, SERAP is seeking “an order of mandamus to direct and compel President Buhari to investigate the spending on Nigeria’s refineries, and alleged mismanagement of public funds budgeted for maintaining the refineries since 1999.”

SERAP is also seeking “an order of mandamus to compel President Buhari to ensure the prosecution of anyone suspected to be responsible for the importation and distribution of dirty fuel into Nigeria, and to identify and ensure access to justice and effective remedies to affected victims.

Read also :SERAP urges Court to declare pardon for ex-govs Dariye, Nyame illegal, sues Buhari

“It is in the public interest to ensure justice and accountability for alleged corruption and mismanagement in the oil sector, which has resulted in the importation and distribution of dirty fuel and protracted fuel scarcity in the country.

“Nigerian Constitution 1999 [as amended], and international standards impose clear obligations on the Buhari administration to take effective accountability measures to weed out, expose, and punish allegations of corruption in the oil sector, and to ensure effective remedies for victims.”

According to the organisation, the impunity and corruption in the oil sector “has contributed to the…

Read Full Story At: Ripples Nigeria.

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