SERAP Sues Tinubu Over Failure To Publish Spending Details Of N400bn Fuel Subsidy Savings

The Socio-Economic Rights and Accountability Project, SERAP has filed a lawsuit against President Bola Ahmed Tinubu over “the failure to publish spending details of about N400bn so far saved as a result of the removal of subsidy on Premium Motor Spirit (PMS) popularly called petrol.”

The suit followed reports that the Federal Government has saved N400bn within the four weeks following the implementation of the removal of subsidy on petrol policy.”

In the suit filed last week at the Federal High Court in Lagos, SERAP is seeking: “an order of mandamus to direct and compel President Tinubu to publish details of spending of about N400 billion saved as a result of the removal of subsidy on petrol on 29 May, 2023.”

SERAP is also seeking: “an order of mandamus to direct and compel President Tinubu to provide details of the plans on how the savings from the removal of subsidy on petrol, including specific projects on which the funds would be spent.”

In the suit, SERAP is arguing that: “Nigerians have the right to know how the savings are spent as disclosing the spending details of the savings would reduce the risks of corruption in the spending of the funds.”

According to SERAP, “the savings from subsidy removal may be embezzled, misappropriated or diverted into private pockets.”

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.”

They further noted that the Nigerian Constitution, 1999 [as amended], Freedom of Information Act, and the country’s anti-corruption and human rights obligations rest on the principle that citizens should have access to information regarding their government’s activities.”

No date has been fixed for the hearing of the suit.