News

Fuel Subsidy: ‘Suspend Disbursement Of $800m Loan To FG’, SERAP Tells World Bank

Published

2 years ago

May 14, 2023

Socio-Economic Rights and Accountability Project (SERAP) has urged the World Bank President Mr David Malpass to use his “good offices to suspend any disbursement of the $800m loan to the Federal Government and to request the incoming administration to provide satisfactory explanations for the loan.”

SERAP urges Mr Malpass and the World Bank “to reopen discussion on the reportedly approved $800m loan with the incoming administration to clarify the details on the rationale and use of the loan because the term of office of the government of President Muhammadu Buhari ends in May 2023.”

The Federal Government in April announced its plan to spend the $800 million loan as ‘part of its subsidy palliatives measures’. Also, last week, President Buhari requested the Senate’s approval for the World Bank loan. It is unclear whether the request to the Senate is for a fresh loan or the one announced in April.

In the letter dated 13 May 2023 and signed by SERAP deputy director Kolawole Oluwadare, the organization said: “The World Bank should comply with its own Articles of Agreement in disbursing any loans. The Bank should not sacrifice international standards in the rush to disburse the $800m loan to the government.”

SERAP said: “Suspending any disbursement of the loan to the government would reduce the risks and vulnerability to corruption and mismanagement.”

The letter, read in part: “SERAP is concerned that the government is seeking to spend the loan when it has barely two weeks to leave office and when the project objectives and intended purposes for which the loan is reportedly approved and will be disbursed remain unclear.”

“The government has not satisfactorily explained or justified the need for the loan at this time, especially given the lack of clarity on its use and the crippling debt burden, and the disproportionately negative impact of these retrogressive measures on poor Nigerians.”

“The World Bank cannot close its eyes to these important transparency, accountability and human rights issues.”

“The National Economic Council (NEC) on April 27 reportedly suspended the planned removal of subsidy on petroleum products by the end of the Buhari administration.”

“We would consider the option of pursuing legal action should the World Bank refuse to suspend the disbursement of the loan to the Federal Government and to implement the other recommendations contained in this letter, and we may join the government in any such suit.”

“The crippling debt burden is a human rights issue because when the entire country is burdened by unsustainable debts, there will be little money left to ensure access of poor and vulnerable Nigerians to legally enforceable socio-economic rights.”

“There is also a lack of transparency and accountability in the spending of the loans so far obtained. The details of the projects on which approved loans are spent are often shrouded in secrecy.”

“The Bank has a responsibility to ensure that the Federal Government is transparent and accountable to Nigerians in any discussion to obtain loans, credits or grants from the bank and how it spends any approved loans, credits or grants.”

“The Bank’s power to provide loans is coupled with a fiduciary responsibility to ensure that the spending of such funds by the government meets international standards of transparency and accountability, including those entrenched in article 5 of the UN Convention against Corruption.”

“The World Bank should also seek transparency and accountability commitments if the incoming government decides to use the loan to implement the National Social Safety Net Programme (NASSP) because the spending on the programme has been mostly shrouded in secrecy.”

“Under the programme, the government reportedly plans to transfer the sum of N5,000 per month to 10.2 million poor and low income households for a period of six months.”

“SERAP encourages you and the World Bank to in any future engagements with the incoming government insist on accessing information on the spending by the government on the National Social Safety Net Programme (NASSP) since 2015 and the publication of the details of such spending.”

“Under Article 1 of the World Bank Articles of Agreement, the stated purposes of the Bank include ‘to assist in the reconstruction and development’. The Bank is also to ‘be guided in all its decisions by the purposes.’”

“Under Article 3 section 4(vii) of the World Bank Articles of Agreement, loans made or guaranteed by the Bank ‘shall be for the purpose of specific projects of reconstruction or development.’ Also, under Article 3 section 5(b), the Bank ‘shall make arrangements to ensure that the proceeds of any loan are used only for the purposes for which the loan was granted.’”

“According to our information, the Federal Government of Nigeria recently secured a $800 million loan from the World Bank.”

“The government reportedly plans to spend the loan as part of its ‘subsidy palliatives measures’, and aims to target 50 million vulnerable Nigerians or 10 million households.”

“According to the Debt Management Office, Nigeria’s total public debt stock, including external and domestic debts, increased to N46.25 trillion or $103.11 billion in the fourth quarter of 2022.”

News

FG Makes History Compulsory Subject In Primary, Secondary Schools

Published

15 hours ago

September 17, 2025

Editor

The Federal Government has announced the reintroduction of Nigerian History as a compulsory subject from primary to senior secondary school, 16 years after it was removed from the curriculum in 2009, under the Umaru Musa Yar’Adua administration.

The Federal Ministry of Education announced this in a statement posted on its X handle on Wednesday.

It said the reintroduction aimed at strengthening national identity, unity, and patriotism among diverse citizens.

“For the first time in decades, Nigerian pupils will study History continuously from Primary 1 to JSS3, while SSS1–3 students will take the new Civic and Heritage Studies, integrating History with Civic Education.

“Primary 1–6: Pupils will learn about Nigeria’s origins, heroes, rulers, culture, politics, economy, religions, colonial rule, and post-independence governance.

“JSS1–3: Students will study civilisations, empires, trade, European contacts, amalgamation, independence, democracy, and civic values,” the statement read.

The Ministry said the Honourable Minister of Education, Dr Maruf Alausa, CON, together with the Honourable Minister of State for Education, Professor Suwaiba Sai’d Ahmad, expressed profound gratitude to President Bola Ahmed Tinubu for championing the reform.

“They emphasised that History is not merely a record of the past, but a vital foundation for shaping responsible and patriotic citizens.”

According to the Ministers, the reform is a priceless gift to the nation, reconnecting children with their roots while inspiring pride, unity, and commitment to national development.

The Ministry has released the revised curriculum and will retrain teachers, provide resources, and strengthen monitoring.

The former President Umaru Musa Yar’Adua-led government in 2009 removed history from Nigeria’s basic education curriculum.

Then, it was justified that students were avoiding it with the claim that there were few jobs for history graduates, and that there was dearth of history teachers.

In 2022, the Ministry of Education under former Minister Adamu Adamu inaugurated the reintroduction of the subject.

The Ministry also trained history teachers at the basic education level in Abuja.

However, history has always remained optional in the few schools that offer it.

News

Police Announce Burial Arrangements For Ex-IG Arase

Published

15 hours ago

September 17, 2025

Editor

The Nigeria Police Force has released the burial arrangements for former Inspector-General of Police Solomon Ehigiator Arase, who died on August 31, 2025, at the age of 69.

Arase, who served as the 18th indigenous Inspector-General of Police, was described by the Force as a dedicated officer remembered for his leadership, philanthropy and commitment to police reforms.

According to the programme of events signed by the Force Public Relations Officer, CSP Benjamin Hundeyin, released on Wednesday, the burial rites will begin in Abuja on September 24 with a Day of Tribute at the Nigeria Police Resource Centre, Jabi.

A requiem mass will follow on September 26 at Holy Trinity Catholic Church, Maitama, while a lying-in-state is scheduled for September 27 at his Abuja residence. His body will then depart for Benin City, Edo State.

In his hometown, Sabongida Ora, a candlelight procession is slated for September 29.

A valedictory session organised by the Edo State judiciary and the Nigerian Bar Association will hold at the Edo State High Court, Benin, on October 2.

Other activities include a service of songs at St. Paul’s Catholic Church, Airport Road, Benin, on October 2, followed by a family lying-in-state.

The funeral mass will take place on October 3 at St. Paul’s Catholic Church, after which interment will be held at his private residence in Benin City.

A reception is planned at the Victor Uwaifo Creative Hub, while a thanksgiving mass will round off the events on October 5.

Arase, who held national honours including CFR, and was also a PhD holder, was appointed Inspector-General of Police in April 2015 and retired in June 2016.

He died at Cedarcrest Hospital in Abuja after a brief illness.

News

Lagos Begins Monitoring As Schools Resume

Published

15 hours ago

September 17, 2025

Editor

The Lagos State Government, through the Office of Education Quality Assurance, has commenced the monitoring of schools for compliance with standards as students resumed activities this week.

The OEQA spokesperson, Adepeju Adeyemi, said in a Wednesday statement sent to newsmen that the inspection began on Monday across the state for schools below the tertiary level.

The monitoring team, led by the Coordinating Director of OEQA, Remi Abdul, visited several schools, including Dolphin Senior High School, Lagos Island, where the team was received by the Principal/Director, Comfort Agunlejika.

Abdul explained that the purpose of the monitoring was to ensure compliance with the approved resumption date as stated in the Year 2025/2026 Harmonised Academic Calendar.

The PUNCH reports that basic and secondary schools in Lagos resumed on September 15, 2025, for the First Term of the Y2025/2026 session.

According to the approved 2025/2026 harmonised calendar made available to our correspondent, the First Half of the term is scheduled for September 15 to October 31, 2025, with a duration of 34 days. The second half will commence from November 10 to December 19, 2025, with a duration of 34 days. In between the halves are Open Day and Mid-Term Break.

Abdul noted that the monitoring team deployed was also verifying whether school administrators held pre-resumption meetings and whether key teaching and statutory records, such as lesson notes, diaries, and makeshift attendance registers, were in place for the smooth take-off of the new academic session.

“While addressing SSS 3 students, Abdul encouraged them to take their academics seriously, noting that how well they perform this term would determine their transition to higher education. He urged them to read well, stay focused, avoid skipping classes and begin early preparation for their WASSCE examinations,” the statement said.

He also encouraged teachers to remain dedicated and committed to delivering quality education.