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JUST IN: SERAP Drags 36 Govs, Wike To Court Over N5.9tn, $4.6bn Loans
Published
1 year agoon
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Editor
The Socio-Economic Rights and Accountability Project has filed a lawsuit against the governors of the 36 states of the Federation, and the Minister of the Federal Capital Territory, Nyesom Wike, over their failure to account for, and publish the agreements of the N5.9 trillion and $4.6 billion loans obtained by their states and the FCT, respectively.
The suit, numbered FHC/ABJ/CS/592/2024 was filed on Friday on behalf of SERAP by its lawyers – Kolawole Oluwadare, Kehinde Oyewumi and Valentina Adegoke, at the Federal High Court, Abuja.
The statement, which was made available to newsmen on Sunday, asked the court to “direct and compel the governors and Mr. Wike to account for N5.9trn and $4.6bn loans obtained by their states and the FCT and to publish copies of the loan agreements, location of projects executed with the loans.”
The suit is a sequel to SERAP’s demand which was addressed to the 37 respondents in a statement issued by the organisation’s Deputy Director, Kolawole Oluwadare on March 31, 2024.
READ ALSO: Account For FAAC Allocations Or Face Lawsuit, SERAP Tells Govs, FCT Minister
Kaduna State Governor, Uba Sani, had bemoaned the huge debt inherited from his predecessor, Nasir El-Rufai, on May 29, 2023.
Sani said the state is now left with few amounts, not enough to pay salary, adding that his administration inherited a total of $587m, N85bn and 115 contract liabilities from the ex-governor.
In the statement, SERAP urged the court to “direct and compel the governors and Mr. Wike to invite the Economic and Financial Crimes Commission and the Independent Corrupt Practices and Other Related Offences Commission to investigate the spending of all the loans obtained to date by their 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.
READ ALSO: Account For N5.9tn, $4.6bn Loans, SERAP Gives Sani, Wike, Others Ultimatum
“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 noted that many states, including the FCT, “reportedly” spend “public funds which may include the loans obtained by them to fund unnecessary travels, buy exotic and bulletproof cars and generally fund the lavish lifestyles of politicians,” adding that they are “allegedly mismanaging public funds which may include domestic and external loans obtained from bilateral and multilateral institutions and agencies.”
The organisation demanded transparency in the spending of the loans as they are “fundamental to increase accountability, prevent corruption, and build trust in democratic institutions with the ultimate aim of strengthening the rule of law.”
The statement equally noted that the state governors and the FCT minister “cannot hide under the excuse that the Freedom of Information Act is not applicable to their states and the FCT.”
READ ALSO: Probe Missing $15bn, N200bn Of Oil Revenues, SERAP Tells Tinubu
It stated that the “legal obligations to publish the information sought are also imposed by the provisions of the Nigerian Constitution and the African Charter on Human and Peoples’ Rights.”
While no date has been fixed for the hearing of the suit, SERAP lamented that the poverty rate, underdevelopment and lack of access to public goods and services in the country are a result of the “many years of allegations of corruption and mismanagement of public funds including the loans obtained by the states and FCT.”
SERAP quoted the Debt Management Office, saying, “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.”
However, SERAP said that the loans – domestic and external, as obtained by the states and the FCT are” vulnerable to corruption and mismanagement,” hence, the respondents “have a responsibility to ensure transparency and accountability in how any loans obtained by the states and FCT are spent, to reduce vulnerability to corruption and mismanagement.”
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Immigration Officer Gets N5m For Arresting Fleeing Ritualist
Published
11 hours agoon
June 10, 2025By
Editor
An immigration officer, Ugochukwu Orji, who arrested a fleeing Enugu State-based native doctor accused of killing and kidnapping people for rituals, has been rewarded with N5 million for his efforts by an industrialist, Ebuka Onunkwo.
Onunkwo, who is also a senatorial aspirant for the Anambra South senatorial by-election on the platform of the All Progressives Grand Alliance, hosted the immigration officer at his residence in Ihembosi, Ekwusigo Local Government Area of Anambra State, according to a press statement released by his media team on Tuesday.
Orji was at his duty post along the Seme Border area last month when the fleeing native doctor, popularly known as “Ichie Billion” attempted to use a motorcycle to cross over to the Benin Republic from Nigeria at Seme Border, but having seen his face on the internet, he quickly intercepted him.
READ ALSO: Our Country A Home, Not Hotel, Badenoch Decries UK Immigration Crisis
Recall that “Ichie Billion”, who hails from Umuojor village in the Isiagu Community of Enugu State, had been on the run after being declared wanted by the Nigerian Police Force in connection with the kidnapping of a 13-year-old girl and alleged multiple ritual killings.
The native doctor was thereafter intercepted by the Nigerian Immigration Service and subsequently handed over to the Lagos State Police Command following his arrest at the border by the immigration officers.
Onunkwo, an industrialist, while presenting a cheque of ₦5 million to the immigration officer at his residence, said the gesture was part of his company’s Corporate Social Responsibility and encouragement for moral renaissance in the society.
News
Tariff Hikes Won’t Solve Nigeria’s Power Crisis, Expert Tells Tinubu
Published
11 hours agoon
June 10, 2025By
Editor
Attempts by the current administration to rely on increased electricity tariffs to resolve Nigeria’s chronic power supply issues are unlikely to succeed, according to energy expert Nick Agu.
Speaking during an interview on Arise TV on Tuesday, Agu argued for a fundamental restructuring of the power sector, prioritising infrastructure over tariff hikes.
Responding to the Minister of Power, Adebayo Adelabu’s optimism and recent celebration of Nigeria reaching a new peak generation of over 5,000 megawatts, Agu acknowledged the incremental increase as “a good thing, is good news.”
However, he quickly added, “But should we celebrate? The answer is probably not.”
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Agu underscored Nigeria’s severe “energy poverty” by drawing comparisons with other nations.
He noted that while Nigeria, with over 200 million people, struggles with around 5,000 megawatts, South Africa (65 million people) boasts 55,000 megawatts, Brazil (200 million people) supplies 150,000 megawatts, and even Qatar (3 million people) provides 8,000 megawatts.
“So, you can see that three million people are enjoying more electricity than Nigeria, which has 200 million people,” he highlighted.
READ ALSO: Tinubu Hosts Gov Adeleke, Deji Adeleke, Davido In Lagos
Agu underscored Nigeria’s severe “energy poverty” by drawing comparisons with other nations.
He noted that while Nigeria, with over 200 million people, struggles with around 5,000 megawatts, South Africa (65 million people) boasts 55,000 megawatts, Brazil (200 million people) supplies 150,000 megawatts, and even Qatar (3 million people) provides 8,000 megawatts.
“So, you can see that three million people are enjoying more electricity than Nigeria, which has 200 million people,” he highlighted.
News
From 158 To 351: Lagos Teen Excels In UTME After Initial Glitch
Published
12 hours agoon
June 10, 2025By
Editor
A 16-year-old student, Oyindamola Apampa, has achieved a remarkable aggregate score of 351 in the 2025 Unified Tertiary Matriculation Examination, with 65 in English Language, 98 in Mathematics, 98 in Physics, and 90 in Chemistry.
Apampa, a student of Lagoon Secondary School in Lagos, described the feat as the result of determination, strategic preparation, and divine favour.
A statement on Tuesday revealed that it was her second attempt at the UTME, explaining that her initial score of 158 was later invalidated due to technical issues experienced at her exam centre.
She said, “In my first UTME attempt, I scored 158. However, the results were widely criticised and later acknowledged by the authorities as inaccurate due to technical glitches affecting several examination centres, including mine.
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“Consequently, the examination body authorised a resit to address these irregularities. In the resit, I achieved a score of 351.”
She added that her parents played a crucial role in supporting her academic journey by fostering a learning-friendly environment at home.
“My parents made our home a positive place for studying. We have a full library in the family living room, in addition to a separate multimedia study room where the whole family often gets together to talk about different topics and help each other learn,” she shared.
Apampa also credited a learning centre in Lekki, Lagos, for providing her with additional academic support through UTME preparation classes and frequent mock examinations.
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“The frequent mock exams at our learning centre were a great help in my preparation for UTME,” she said.
In his reaction to the learning centre head, Osayi Izedonmwen, stellar 98 per cent pass rate in the 2025 UTME, attributed the achievement to its hybrid learning approach.
“At Teesas, we are fully IT-equipped to seamlessly support both online and physical learning within a convenient and friendly environment. This has played a key role in helping our students excel,” Izedonmwen stated.
Apampa is no stranger to academic excellence. She was placed on her school’s Honours list after securing 10 As and one B in her Junior WAEC.
She has also represented her school in international competitions, such as the Conrad Challenge, where her team reached the final stage and earned a special mention.
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