President Bola Tinubu has been sued by the Socio-Economic Rights and Accountability Project (SERAP) for failing to disclose the financial details of N400 billion in fuel subsidy savings.
The suit filed on behalf of SERAP by its lawyers, Kolawole Oluwadare, Ms Adelanke Aremo, and Ms Valentina Adegoke, read in part: “Transparency would increase public trust and confidence that these savings would be used to benefit Nigerians.”
The lawsuit was filed in response to allegations that the Federal Government had saved N400 billion in the four weeks after the suspension petrol subsidy.
As part of its request, SERAP is also asking for “an order of mandamus to direct and compel President Tinubu to provide details of the plans on how the savings from the removal of the subsidy on petrol, including specific projects on which the funds would be spent.”
Another request from SERAP is for “an order of mandamus to compel President Tinubu to provide details of the mechanisms that have been put in place to ensure that the savings from the removal of subsidy on petrol are not diverted into private pockets.”
SERAP claims in the lawsuit that Nigerians have a right to know how their savings are used.
Writing by Hadiza Abdulrahman, editing by Daniel Adejo