Connect with us

News

Floods: Group Drags Buhari To Court Over ‘Missing Ecological Funds’

Published

on

Socio-Economic Rights and Accountability Project has filed a lawsuit against President Muhammadu Buhari over “the failure to probe the spending of trillions of ecological funds by governments at all levels—federal, state and local governments from 2001 to date, and to ensure the prosecution of suspected perpetrators of corruption and mismanagement of public funds.”

Joined in the suit as Respondents are the Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), and Secretary to the Government of the Federation, Boss Mustapha.

The United Nations Children’s Fund recently said that no fewer than 600 persons died and 1.3 million were rendered homeless as a result of the floods that ravaged most states across the country, with the destruction of properties worth billions.

Advertisement

In the suit number FHC/L/CS/2283/2022 filed last Friday at the Federal High Court, Lagos, SERAP is asking the court to “direct and compel President Buhari to promptly and thoroughly investigate the spending of Ecological Fund by governments at the Federal, state and local government levels from 2001 to date.”

READ ALSO: Trust TV: SERAP Drags Buhari To Court Over N5m Fine

SERAP is also asking the court to “direct and compel President Buhari to ensure that suspected perpetrators of corruption and mismanagement of trillions of ecological funds are promptly brought to justice, and any missing public funds fully recovered.”

Advertisement

In the suit, SERAP is arguing that “the failure to probe the alleged missing trillions, prosecute suspected perpetrators and recover any missing public funds is a fundamental breach of constitutional and international legal obligations.”

SERAP is also arguing that “impunity for corruption in the management of Ecological Fund will continue as long as high-ranking public officials go largely unpunished for their alleged crimes.”

According to SERAP, “It is in the public interest to direct and compel President Buhari to probe these allegations so that evidence can be taken before the court and the truth about the spending of ecological funds revealed, and justice served.”

Advertisement

SERAP is also arguing that “the Federal Government has violated the obligations to protect and uphold the human rights of those affected, and to provide them with access to justice and effective remedies.”

The suit filed on behalf of SERAP by its lawyer Kolawole Oluwadare read in part: “The Federal Government has the legal obligations to address the calamitous consequences of flooding for the human rights of millions of people, and to prevent and address the consequences that climate change may reap on human rights.”

“According to the audit of the Ecological Fund Office carried out by the Nigeria Extractive Industries Transparency Initiative, the total amount received by the fund from December 2011 to November 2016 alone was N277 billion.”

Advertisement

“The operations of the Fund from 2012 to 2016 reportedly showed that some of the disbursements were not utilised for the purpose for which it was established. During these periods, N74,170,932,645.20 was released to State Governments to solve ecological problems in their States.”

“Although ecological funds are shared across the three tiers of government, and emergency management agencies, the funds are managed and supervised by the Federal Government.”

“The Federal Government has the legal obligations to prevent and address the threats to human rights that result from climate change, and to provide access to justice and effective remedies for victims when these rights are violated.”

Advertisement

“The Federal Government has a positive obligation to protect individuals against the threat posed to human rights by climate change, regardless of the causes, and to effectively address the aftermath of the flooding such as deterioration in health, diminishing access to safe drinking water and susceptibility to disease.”

“Climate change also has the potential to exacerbate existing threats to human rights in the country. Rising global temperatures will jeopardise many people’s livelihoods, increasing their vulnerability to poverty and social deprivation.”

“Many years of allegations of corruption and mismanagement in the spending of Ecological Fund and entrenched impunity of perpetrators have undermined the ability of governments at all levels and emergency management agencies to prevent the impact of flooding on the human rights vulnerable Nigerians.”

Advertisement

“Allegations of corruption and mismanagement have undermined the ability of authorities at all levels to invest in drainage systems, and to tackle soil erosion and climate change challenges across several parts of the country.”

“The funds released for ecological projects are characterised by mismanagement, diversion of funds, substandard and abandoned projects fully paid for. Ecological funds have also been allegedly spent for other purposes such as election campaigns and political patronage.”

“Prevention of corruption in the spending of the Ecological Fund, and preventing and addressing the challenges caused by climate change are serious and legitimate public interests.”

Advertisement

READ ALSO: NIN-SIM: SERAP Tackles FG Over Planned Blocking Of 72 Million Telephone Lines

“There is a legitimate public interest in ensuring justice and accountability for alleged corruption and mismanagement in the management of the Ecological Fund.”

“Nigerians have the right to know how the public funds budgeted to address ecological challenges are spent. Publishing the details of allocations of the Ecological Fund since 2001 would promote transparency, accountability, and reduce the risks of corruption in the spending of the funds.”

Advertisement

No date has been fixed for the hearing of the suit.
PUNCH

 

Advertisement

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

on

By

Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

READ ALSO:Film Premiere: Edo In Talks With Embassies To Promote Safe Migration —Agazuma

Advertisement

La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

Advertisement

He has been a regular feature for Lazio this season.

Continue Reading

News

Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

Published

on

By

The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

Advertisement

READ ALSO:Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

Advertisement

“This contradiction will no longer be tolerated,” the statement said.

Continue Reading

News

N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

Published

on

By

First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

Advertisement

Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

READ ALSO:I’ve Been Blacklisted In Music Industry For 13 Years – Seun Kuti

Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

Advertisement

Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

Advertisement

Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

READ ALSO:My Beef With Wizkid Is For Life – Seun Kuti

By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

Advertisement

Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.

Advertisement
Continue Reading

Trending

Exit mobile version