Headlines
Compel Buhari to Publish Loans Taken Since 2015, SERAP Tells Court
The Socio-Economic Rights and Accountability Project (SERAP) has asked the Federal High Court to order President Muhammadu to publish the details of loans taken by his administration since May 29, 2015.
The group in a statement on Sunday said it filed the suit before the Federal High Court in Abuja.
SERAP also asked the court to order the president to provide details of the interest rate accruing from the debt, the total amount of debts that have so far been incurred by the government, as well as details of the projects on which the loans have been spent.
Respondents in the suit marked FHC/ABJ/CS/785/2020 are the Attorney-General of the Federation and Minister of Justice, Abubakar Malami; Minister of Finance, Budget and National Planning, Zainab Ahmed; and Director-General of the Debt Management Office, Patience Oniha.
SERAP also asked the court to “direct and compel President Buhari to tell Nigerians if he would instruct the anti-corruption agencies; Independent Corrupt Practices and Other Related Offences Commission (ICPC) and Economic and Financial Crimes Commission (EFCC) to monitor the spending of all loans obtained since May 2015.”
The group further asked the court to compel President Buhari to tell Nigerians the names of countries and bodies that have given the loans to Nigeria.
It added that the suit is “permitted under the Nigerian Constitution 1999 (as amended), the Freedom of Information Act; the African Charter on Human and Peoples’ Rights, and the UN Convention against Corruption to which Nigeria is a state party.”
According to the group, the suit followed a Freedom of Information FOI letter it sent to the president in May requesting him to provide spending details of all loans obtained by his government since he assumed office in 2015.
It said it feared the growing national debts of money borrowed in the name of Nigeria may have been mismanaged, stolen or squandered.
The National Assembly had approved an N850 billion loan requested by President Buhari. Another loan of $22.79bn has already been approved by the Senate. Mr Buhari had also sought the National Assembly’s approval for a fresh loan of $5.513bn to fund the 2020 budget deficit, critical projects, and support some states.
The Minister of Transportation, Rotimi Amaechi, has said the Nigerian government has the capability to pay back loans collected for the construction of rail projects within the stipulated period of 20 years.
He made the remarks following an investigative hearing held last week by the House of Representatives Committee on Treaties, Protocols, and Agreements probing loans taken by the government.
Headlines
Abiola Cannot Be Recognised As Former President; He Was Never Sworn-in – Gen Ishola Williams
By Eric Elezuo
One of the prime actors of the June 12, 1993 incidents, General Ishola Williams, has said that much as Chief MKO Abiola wrong was created having won the election, and denied victory, he cannot be recognized as a former President of Nigeria.
Gen Williams made his revelation while speaking as a guest on Channels television socio-political programme, Inside Source.
He maintained that only those who were sworn in that recognised as former presidents, and Abiola was never sworn in.
“Abiola cannot be recognised as former president because he was never sworn in.
The General, who said that he resigned from the army as a result of the wholesome reception given to General Sani Abacha, when he overthrew Chief Ernest Shonekan-led Interim National Government, contrary to expectation, also picked flaws in the narratives given by former Military President Ibrahim Babangida, in his recently launched book, A Journey In Service.
Williams rose in the army to become the Commandant of Army Signals, Commander of Training and Doctrine (TRADOC) and Chief of Defence Training and Planning, from where he resigned.
Headlines
Breaking: Supreme Court Recognises Martin Amaewhule As Rivers Assembly Speaker, Orders CBN to Stop Releasing Funds to State
By Eric Elezuo
The Supreme Court of Nigeria has in its ruling on Friday recognised Hon Martins Amaewhule as the authentic speaker of the Rivers State House of Assembly, mandating him to urgently resume sitting with elected members of the assembly.
The apex court also ordered the Central Bank of Nigeria to stop releasing to the Rivers State government until a proper assembly is constituted.
Details soon…
Tension escalated at the Lagos State House of Assembly on Thursday as impeached Speaker Mudashiru Obasa made a dramatic return to reclaim his position.
Accompanied by heavily armed men, Obasa stormed the Assembly complex in a bold move that has thrown the State’s legislature into turmoil.
In a stunning turn of events, security details assigned to the substantive Speaker, Rt. Hon. Mojisola Meranda, were abruptly withdrawn on Thursday morning, clearing the path for Obasa’s controversial comeback.
Sources revealed that the Inspector General of Police (IGP) ordered the withdrawal of all security operatives attached to Meranda, leaving her exposed in the midst of an intensifying power struggle.
The Speaker’s Special Adviser on Information, Mr. Victor Ganzallo, expressed concern over the security vacuum created by the withdrawal of personnel.
“In the early hours of Thursday, we woke up to the startling news that all security details assigned to Madam Speaker, Mojisola Meranda, had been withdrawn.
This includes the police and DSS officers, leaving her exposed to threats amid the ongoing speakership crisis,” Ganzallo stated.
He further called on Governor Babajide Sanwo-Olu, as the State’s Chief Security Officer, to intervene urgently to prevent a complete breakdown of law and order within the Assembly.
“The withdrawal of security personnel has left the Assembly naked and vulnerable at a critical time. Urgent action is needed to restore order,” he pleaded.
With the speakership battle taking a dramatic new turn, political watchers are keenly observing how the crisis will unfold in the coming days.
