
$5.5bn Loan: Buhari Gets Ultimatum To Account For Previous Loans
Socio-Economic Rights and Accountability Project (SERAP) has sent a Freedom of Information request to President Muhammadu Buhari to provide spending details of all loans obtained by his government since May 29, 2015.
Buhari was asked to include details and locations of projects on which the loans have been spent.
SERAP issued 7 days ultimatum and that if they do not get a reply, it shall take all appropriate legal actions.
The organisation is also urging Buhari to set up an independent audit of all loans to resolve any allegations of mismanagement and corruption, and to publish spending details of loans