SERAP Drags Nigerian Government To ECOWAS Court Over Undisclosed Loans Spending | Sahara Reporters

  • 📰 SaharaReporters
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

SERAP is also seeking, “An order directing and compelling the Federal Government to publish details of spending of the loans obtained by governments since 1999 including the list of projects and locations of any such projects on which these loans have been spent.”

The Socio-Economic Rights and Accountability Project has filed a lawsuit against the government of President Muhammadu Buhari before an ECOWAS Court over “secrecy in the spending of loans so far obtained, the unsustainable level of borrowing by the government and the 36 states, and the crippling debt burden".

“There is lack of transparency and accountability in the spending of the loans so far obtained, and opacity around the terms and conditions in loan agreements, including repayment details for these loans. The details of the projects on which the loans are spent are shrouded in secrecy. “The Federal Government and many of the 36 states would seem to be in debt distress or at high risk of debt distress.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

EVOWAS! LMAO! Kust another USELESS African chop chop gathering, NOTHING good comes out of leadership in the continent.

emeksvan Serap have to drag the zoo government over the undisclosed killings and mass grave of BIAFRA people too and over military clamp down on BIAFRA NATION and the extra ordinary rendition of BIAFRA NATION Leader Mazi Nnamdi KANU FreeMaziNnamdiKanuNow FreeMaziNnamdiKanuNow Biafra

That part

Boring🥱😴

See level on ground who does that

I appreciate the resilience of SERAP in pursuance of accountability in Nigeria's political system. But, I have never heard or watched where the litigation by SERAP was opened for hearing.

Money that has Ben shared among themselves.

Toothless SERAP drags nonchalant Nigerian govt.

Serap 1000 cases in court, zero wins.

Hate to break it to u but u see ECOWAS UN etc? They are all toothless bulldogs

Does the ruling of this ECOWAS Court have any bearing or effect on Nigeria? Like it is the practice of Buhari's government to defy court rulings in Nigeria:what stop's it from defying the ruling of this court too?

Why bother they know we know most of the money is in the middle east property business. So we no need any disclosure. Don't u see how Dubai is treating us now. They know if our government people sneeze monies don go.

SERAP is a toothless bulldog

Yet to see what SERAP is made up of. Do they have mind? I'm asking cos they ve been dragging but nothing is changing.

SERAP MAKE NOISE THAN ACTION

Kudos to SERAPNigeria

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SERAP drags Buhari govt to ECOWAS Court over ‘secrecy in spending of loans, debt crisis’before the ECOWAS Court of Justice in Abuja, SERAP is seeking: “An order directing and compelling the Federal Government to issue an immediate moratorium on borrowing by itself Na pinkin wey nor no e mama boyfriend dey call am uncle... Na only mouth serap get jare Post better news abeg Ifb
Source: MobilePunch - 🏆 8. / 63 Read more »

SERAP sues Nigerian govt over ‘secrecy in spending of loans, debt crisis’SERAP is also seeking “an order directing and compelling the Federal Government to publish details of spending of the loans obtained by governments...'
Source: PremiumTimesng - 🏆 3. / 78 Read more »

SERAP takes Buhari govt to ECOWAS court over secrecy in spending of loans, othersThe Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Muhammadu Buhari government over 'secrecy in the
Source: DailyPostNGR - 🏆 11. / 59 Read more »

SERAP drags Buhari govt to ECOWAS Court over ‘secrecy in spending of loans, debt crisis’before the ECOWAS Court of Justice in Abuja, SERAP is seeking: “An order directing and compelling the Federal Government to issue an immediate moratorium on borrowing by itself Na pinkin wey nor no e mama boyfriend dey call am uncle... Na only mouth serap get jare Post better news abeg Ifb
Source: MobilePunch - 🏆 8. / 63 Read more »

SERAP takes Buhari govt to ECOWAS court over secrecy in spending of loans, othersThe Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Muhammadu Buhari government over 'secrecy in the
Source: DailyPostNGR - 🏆 11. / 59 Read more »

SERAP sues Nigerian govt over ‘secrecy in spending of loans, debt crisis’SERAP is also seeking “an order directing and compelling the Federal Government to publish details of spending of the loans obtained by governments...'
Source: PremiumTimesng - 🏆 3. / 78 Read more »