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SERAP gives 36 Governors, Wike 7 days to account for N5.9trn, $4.6bn loans

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Socio-Economic Rights and Accountability Project (SERAP) has urged Nigeria’s 36 state governors and the Minister of the Federal Capital Territory, Abuja, Mr Nyesom Wike to “widely publish copies of the loan agreements and spending details of some N5.9 trillion and $4.6 billion loans obtained by their states and the FCT, including details and locations of projects executed with the loans.”

SERAP also urged them to “promptly invite the Independent Corrupt Practices and Other Related Offences Commission (ICPC) and Economic and Financial Crimes Commission (EFCC) to investigate the spending of the domestic and external loans obtained by your state and the FCT.”

SERAP’s request followed the disclosure last week by Governor Uba Sani of Kaduna State that the immediate past administration of Nasir El-Rufai left $587m, N85bn debt and 115 contractual labilities, making it impossible for the state to pay salaries.

In the Freedom of Information requests dated 30 March 2024 and signed by SERAP Deputy Director Kolawole Oluwadare, the organisation said: “It is in the public interest to publish copies of the loan agreements and details of how the loans obtained are spent.”

SERAP said, “Nigerians have the right to know how their states are spending the domestic and external loans obtained by the governors.”

SERAP said, “Widely publishing copies of the loan agreements and spending details of the loans obtained would ensure that persons with public responsibilities are answerable to the people for the performance of their duties in the management of public funds.”

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The FoI requests, read in part: “We would be grateful if the recommended measures are taken within seven days of the receipt and/or publication of this letter. If we have not heard from you by then, SERAP shall take all appropriate legal actions to compel you and your state to comply with our request in the public interest.”

“SERAP is seriously concerned that many of the country’s 36 states and FCT are allegedly mismanaging public funds which may include domestic and external loans obtained from bilateral and multilateral institutions and agencies.”

“Transparency in the spending of the loans obtained by your state is fundamental to increase accountability, prevent corruption, and build trust in democratic institutions with the ultimate aim of strengthening the rule of law.”

“According to Nigeria’s Debt Management Office, the total public domestic debt portfolio for the country’s 36 states and the Federal Capital Territory is N5.9 trillion. The total public external debt portfolio is $4.6 billion.”

“Many states and the FCT reportedly owe civil servants’ salaries and pensions. Several states are borrowing to pay salaries. Millions of Nigerians resident in your state and the FCT continue to be denied access to basic public goods and services such as quality education and healthcare.”

“Several states including your state are also reportedly spending public funds which may include the domestic and external loans to fund unnecessary travels, buy exotic and bulletproof cars and generally fund the lavish lifestyles of politicians.”

“SERAP is seriously concerned that the domestic and external loans obtained by your state and the FCT are vulnerable to corruption and mismanagement. Your government has a responsibility to ensure transparency and accountability in how any loans obtained by your state are spent, to reduce vulnerability to corruption and mismanagement.”

“Publishing copies of the loan agreements obtained by your state and the FCT would allow Nigerians to scrutinise them, and promote transparency and accountability on the spending of public funds including the loans obtained.”

“SERAP believes that providing and widely publishing the details of the spending of the domestic and external loans obtained by your state and the FCT would enable Nigerians to effectively and meaningfully engage in the management of the loans.”

“SERAP believes that the constitutional principle of democracy also provides a foundation for Nigerians’ right to know the details of loan agreements and how the loans obtained are spent. Citizens’ right to know promotes openness, transparency, and accountability that is in turn crucial for the country’s democratic order.”

“The effective operation of representative democracy depends on the people being able to scrutinize, discuss and contribute to government decision making, including on the spending of loans obtained by your state and the FCT.”

“To do this, they need information to enable them to participate more effectively in the management of public funds by their state government and the FCT.”

“The public interest in obtaining information about expenditures relating to the loans obtained by your state outweighs any privacy or other interest. Moreover, the oversight afforded by public access to such details would serve as an important check on the activities of your state and help to prevent abuses of the public trust.”

“SERAP is concerned that there is a significant risk of mismanagement or diversion of funds linked to loans obtained by state governments including your state. The accounts of Nigeria’s 36 states and the FCT are generally not open to public scrutiny.”

“Your state has obligations under international anticorruption and human rights law, including a responsibility to promote transparency and accountability in the management of public funds, prevent mismanagement or diversion of public funds, and redress any abuse of public trust.”

“The Nigerian Constitution, human rights and anticorruption treaties to which Nigeria is a state party also impose obligations on your state to prevent mismanagement or diversion of public funds including the loans obtained.”

“SERAP is seriously concerned that years of allegations of corruption and mismanagement of public funds including the loans obtained by states have contributed to widespread poverty, underdevelopment and lack of access to public goods and services.”

“Opacity in the spending of loans obtained by states has continued to have negative impacts on the fundamental interests of the citizens and the public interest.”

“Transparency would ensure that these loans are not diverted into private pockets, and increase public trust that these loans are used and any future loans would be used to benefit Nigerians resident in your state.

“The Freedom of Information Act, Section 39 of the Nigerian Constitution, article 9 of the African Charter on Human and Peoples’ Rights and article 19 of the International Covenant on Civil and Political Rights guarantee to everyone the right to information, including about the loan agreements and how the loans obtained are spent.”

“Your state cannot hide under the excuse that the Freedom of Information Act is not applicable to your state to refuse to provide the details being sought, as your state also has clear legal obligations to provide the information as prescribed by provisions of the Nigerian Constitution 1999 [as amended], and the African Charter on Human and Peoples’ Rights (Ratification and. Enforcement) Act.

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Terrorists kill kidnapped Zamfara teacher after collecting ransom

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A teacher at Federal Government College, Anka, Mustapha Yahaya Maru, has reportedly been k!lled by armed band!ts despite the payment of ransom for his release.

Sahara Reporters reports that Maru was abducted early May while travelling to Anka in Zamfara State alongside several other passengers after their vehicle was intercepted by the attackers.

Following the abduction, the k!dnappers contacted his family and demanded a ransom far beyond their financial capacity.The report states that after intense efforts and negotiations, the family eventually raised and paid the agreed amount in hopes of securing his freedom.

Tragically, the bandits k!lled Maru on Tuesday instead of releasing him.

His de@th has thrown his family and the Maru community into mourning and has further heightened concerns over the worsening insecurity in the region.

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VDM must face law over fake viral Tinubu Audio, Says Presidency

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The Presidency on Wednesday said social media influencer Martins Vincent Otse, popularly known as VDM, should face the law over the circulation of an alleged fake audio purportedly involving President Bola Ahmed Tinubu.

Special Adviser to the President on Information and Strategy, Bayo Onanuga, stated this in a post on X, accusing VDM of disseminating false content on social media.

“This VDM needs to face the weight of the law for being the conveyor and disseminator of a fake audio of President Tinubu. This is a clear case of an egregious abuse of the social media platform,” Onanuga wrote.

The presidential aide was reacting to a post by an X user, identified as Aneex, who questioned why some people believed the voice in the audio belonged to Tinubu.

The user described the audio as “cheap propaganda” and alleged that VDM was exploiting emotions to spread misinformation.

In the viral content, VeryDarkMan allegedly used the audio to call on Nigerians to reject President Tinubu’s re-election bid in the 2027 general elections.

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The development comes just days after President Tinubu secured the presidential ticket of the All Progressives Congress at the party’s nationwide direct primary held on Saturday, May 23, 2026.

During the exercise, Tinubu reportedly polled 10,999,162 votes, defeating his sole challenger, APC chieftain Stanley Osifo, who secured 16,503 votes from over 12 million registered party members.

Meanwhile, opposition figures are already positioning ahead of 2027, with Peter Obi expected to fly the flag of the Nigerian Democratic Congress (NDC), while former Vice President Atiku Abubakar is also expected to lead the African Democratic Congress (ADC) ticket.

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Eid-el-Kabir: Mbah preaches unity, tolerance, sacrifice, hope

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Governor Peter Mbah of Enugu State has felicitated Muslim faithful in the state and the nation as whole on the occasion of Eid-el-Kabir, urging unity, tolerance, sacrifice, and hope.

Mbah, in his Eid goodwill message on Tuesday, also called for charity, urging Nigerians to rise in solidarity with one another, especially the less privileged.

He said, “On the occasion of Eid-el-Kabir, I extend warm felicitations to our Muslim brothers and sisters in Enugu State and across Nigeria as they commemorate this sacred festival of faith, sacrifice, and devotion to Almighty Allah.

“Eid-el-Kabir reminds us that sacrifice lies at the very heart of true service to God and humanity. It calls to mind the profound blessings inherent in the virtues of patience, obedience, trust, and unwavering faith – values exemplified by Prophet Ibrahim and which remain timeless lessons for us all.

“At a time when our nation continues to navigate important political and economic transitions, the significance of this celebration becomes even more profound.

“Let us be reminded that we all belong to one shared humanity and our collective progress as a people depends on our ability to uphold unity, mutual respect, peace, and compassion above all divisions.

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“This season, therefore, offers us another opportunity to recommit ourselves to the ideals of tolerance, sacrifice for the common good, and solidarity with one another, especially the vulnerable among us.

“As we celebrate, I urge all citizens to continue to pray for the peace, stability, and prosperity of our dear state and nation. Let us also continue to work together in harmony to build a society defined by justice, opportunity, and shared progress for all.”

He concluded by wishing the Muslim faithful a peaceful and joyous Eid-el-Kabir celebration.

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