Give details of N400B saved from subsidy withdawal : SERAP Tells TINUBU

The Socio-Economic Rights and Accountability Project (SERAP), has given President Bola Ahmed Tinubu a seven-day ultimatum to “publish details of spending amounting to about N400 billion” from the fuel subsidy removal.


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This was contained in a letter to the president on Sunday, signed by SERAP’s signed by deputy director, Kolawole Oluwadare.

The letter implored the Nigerian leader to provide details of how subsequent savings would be spent, including specific projects and mechanisms in place to ensure that the funds are not embezzled, misappropriated or diverted into private pockets.

Your government has a legal responsibility to ensure that the savings from the removal of subsidy on petrol are spent solely for the benefit of the 137 million poor Nigerians, who are bearing the brunt of the removal.

“Prevention of corruption in the spending of savings from the removal of subsidy on petrol and preventing and addressing the challenges caused by the removal are serious and legitimate public interests,” SERAP said in the letter.

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