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SERAP Sues 36 Governors, Wike Over Trillion-Dollar Loans

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The Socio-Economic Rights and Accountability Project (SERAP) has taken legal action against the governors of the 36 states of Nigeria and the Minister of the Federal Capital Territory, Nyesom Wike, for allegedly failing to disclose and publish the details of loans totaling N5.9 trillion and $4.6 billion obtained by their respective states and the FCT.

The lawsuit, filed under suit number FHC/ABJ/CS/592/2024, was lodged on Friday at the Federal High Court in Abuja by SERAP’s legal team consisting of Kolawole Oluwadare, Kehinde Oyewumi, and Valentina Adegoke.

In a statement released on Sunday, SERAP urged the court to compel the governors and Mr. Wike to provide an account of the loans and publish the loan agreements, as well as the locations of projects financed by the loans.

The lawsuit follows SERAP’s previous demand, outlined in a statement issued by the organization’s Deputy Director, Kolawole Oluwadare, on March 31, 2024, which was directed to the 37 respondents.

Kaduna State Governor, Uba Sani, expressed concern over the substantial debt inherited from his predecessor, Nasir El-Rufai, on May 29, 2023, stating that the state is now struggling to meet financial obligations such as salary payments.

Sani disclosed that his administration inherited a total of $587 million, N85 billion, and 115 contract liabilities from the previous governor.

In its latest statement, SERAP called upon the court to compel the governors and Mr. Wike to involve the Economic and Financial Crimes Commission and the Independent Corrupt Practices and Other Related Offences Commission in investigating the expenditure of all loans acquired by their respective states and the FCT.

In the suit, SERAP is arguing that “it is in the public interest to grant the reliefs sought. Nigerians have the right to see and scrutinise the loan agreements and know the details of how the domestic and external loans obtained by the governors and FCT minister are spent.

“Opacity in the spending of the loans obtained by the governors and Mr. Wike would continue to have negative impacts on the fundamental interests of the citizens.”

The statement highlighted concerns that numerous states, including the FCT, allegedly utilize public funds, potentially including loans, to finance unnecessary travel, purchase luxury vehicles, and support extravagant lifestyles of politicians.

It further asserted that there are purported mismanagement issues regarding public funds, including both domestic and external loans obtained from various institutions and agencies.

SERAP stressed the necessity of transparency in loan spending, emphasizing its significance in enhancing accountability, curbing corruption, and fostering trust in democratic institutions, ultimately aiming to bolster the rule of law.

The statement also emphasized that state governors and the FCT minister cannot use the excuse that the Freedom of Information Act does not apply to their jurisdictions.

It asserted that legal obligations to disclose the requested information are imposed by both the Nigerian Constitution and the African Charter on Human and Peoples’ Rights.

Although no hearing date has been set for the suit, SERAP lamented that the country’s high poverty rate, underdevelopment, and lack of access to public goods and services are attributed to years of alleged corruption and mismanagement of public funds, including loans obtained by states and the FCT.

SERAP cited the Debt Management Office, stating that the combined public domestic debt of Nigeria’s 36 states and the Federal Capital Territory amounts to N5.9 trillion, while the total public external debt stands at $4.6 billion.

However, SERAP expressed concerns that both domestic and external loans obtained by states and the FCT are susceptible to corruption and mismanagement.

As a result, the respondents are urged to prioritize transparency and accountability in the utilization of these loans to mitigate the risk of corruption and mismanagement.

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2027 Presidency: Otti Backs Labour Party Candidate, Says He Won’t Oppose Tinubu

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Abia State Governor, Alex Otti, has said he supports the Labour Party’s presidential candidate for the 2027 election while maintaining that he will not oppose President Bola Ahmed Tinubu’s candidacy.

Otti made the statement during an interview on Arise TV on Friday while discussing the 2027 presidential election and his position on Tinubu’s re-election bid.

The governor said he had previously stated that he had a presidential candidate, but clarified that he was referring to the Labour Party candidate.

SEE ALSO: Ogun Deep Seaport: Abiodun Thanks Tinubu, Says 30-Year Dream Becoming Reality

Asked if he was supporting the candidate, Otti said, “Yes.”

However, when questioned about whether he was supporting Tinubu, the Abia governor said Tinubu had a right to contest the 2027 election.

“What do you expect me to say? To say I’m not supporting him?” Otti asked.

He added that he had already stated that Tinubu had the right to run and that nobody could stop him from contesting.
Otti also explained that he was not in a position to oppose Tinubu’s candidacy.

“I’m not going to oppose his candidacy, and it is not within my right, even as a human being to… so I can choose what I want to do,” he said.

According to him, opposing a candidate while being part of government could create internal conflict, stressing that disagreements over policies should be addressed within government meetings.

“When you say opposition and you are part of a government, then what you are driving towards is implosion. So if I do have a problem with anything, I’ll sit down in one of our meetings and I’ll make my point,” he said.

Otti further said some policies implemented by the Tinubu administration resonate with his thinking, particularly the removal of fuel subsidy.

“Quite frankly, there are a lot of things that we have talked about now that he has implemented that resonate with me and my thinking,” he said.

He maintained that the fuel subsidy was unsustainable, adding that any decision to reintroduce it would require adequate funding.

Otti also noted that, as a governor and member of the National Economic Council, he is part of discussions and decisions concerning policies implemented by the federal government.

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I Won’t Seek Governorship Again, Even If Constitution Is Amended – Peter Obi

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Former Anambra State Governor and 2027 presidential candidate, Peter Obi, has ruled out seeking the office of governor again, saying he would not return to the position even if Nigeria’s Constitution is amended.

Obi made the declaration in a statement on X on Friday while addressing the ongoing controversy over Anambra State’s debt, saying he had no disagreement with the state’s incumbent governor, Chukwuma Soludo, or any other governor in Nigeria.

“I am not seeking the office of governor in any state, and I will not seek that position again, even if the Constitution is amended,” Obi said.

ALSO READ: 2027: Peter Obi Disowns OK Movement Campaign Council, Says ‘It Is Wrong’

The former governor also dismissed suggestions of a personal dispute with Soludo, describing him as his “dear elder brother.”

“I wish to assure the public that I have no disagreement with my dear elder brother, Governor Soludo, or with any governor in Nigeria,” he said.

Obi’s declaration comes amid the ongoing public debate over financial obligations allegedly linked to his administration in Anambra State.

He said he had remained silent over the past few days because he was grieving the death of his “very dear elder brother and friend,” Chief Okey Ezeibe, but said he had decided to respond to issues that had occupied public discussion.

Beyond the Anambra controversy, Obi also called on governors across the country to allow political opponents to campaign freely in their states ahead of the 2027 general elections.

He urged governors to support whichever presidential candidates they preferred while also permitting other presidential candidates and contenders for other offices to campaign without interruption.

“Ultimately, voters should be allowed to determine whom they wish to serve them,” Obi said.

He further urged political actors and Nigerians to focus on the challenges confronting the country and the hardship being experienced by citizens rather than what he described as political distractions.

Obi is currently the presidential candidate of the Nigeria Democratic Congress (NDC) for the 2027 election.

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2027: Peter Obi Disowns OK Movement Campaign Council, Says ‘It Is Wrong’

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Presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has distanced himself from the Presidential Campaign Council reportedly constituted by the OK Movement, saying the initiative was created without his knowledge or approval.

Obi made the clarification on Arise TV on Thursday while responding to questions about the ongoing disagreement between the NDC and the OK Movement over the relationship between the party and its support groups.

The OK Movement, comprising supporters of Obi and former Kano State governor Rabiu Kwankwaso, has maintained that it would not surrender its national, state, local government and ward structures to the NDC.

ALSO READ: NDC Condemns Attack on Members in Enugu, Accuses APC of Sponsoring Thugs

Responding to the issue, Obi said the NDC was the political party to which they belonged, while groups such as the OK Movement, Obidient groups and Kwankwasiyya should operate as support groups for the party.

“First… NDC is the political party we all belong to. And I agree entirely with the position of the leader. OK Movement, Obidient group, Kwankwasiyya, and other supporting groups are supporting groups.

They must play their role as supporting groups supporting the party,” Obi said.

He stressed that the support groups should not operate as political parties or create structures that could compete with the NDC.

“They should not play the role of a party,” he said.

Obi specifically referred to the reported creation of a Presidential Campaign Council by the OK Movement, saying it should not have been established independently.

“We found a situation where one of the supporting groups is then saying using the nomenclature that is forming Presidential Campaign Council. It shouldn’t be,” he said.

Asked whether the campaign council was created with his knowledge or approval, Obi responded: “Not at all. And I said here, it is wrong.”

He further said any major action taken by the OK Movement would require the express approval of both himself and Kwankwaso because the movement represents supporters of the two politicians.

“Your supporting OK Movement is Obi and Kwankwaso. So whatever you do must have express approval of both of us,” he said.

The remarks come amid an ongoing disagreement over the political structures to be used by the NDC and the various support groups backing Obi and Kwankwaso ahead of the 2027 general elections.

 

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