Saturday, 10 May 2025
Subscribe
TrackNews Logo
  • Home
  • News
  • Politics
  • Niger Delta
  • Entertainment
  • Business
  • Health
  • Sports
  • Crime
  • Editorial
  • 🔥
  • News
  • Politics
  • Business
  • Breaking News
  • National
  • Entertainment
  • Crime
  • Sports
  • Niger Delta
  • Gist
Font ResizerAa
Track NewsTrack News
Search
Follow US
©2025 Track News Media. All Rights Reserved. | Website Designed By AfeesHost
Home » Blog » Floods: SERAP gives Buhari ultimatum to trace trillions of ecological funds
National

Floods: SERAP gives Buhari ultimatum to trace trillions of ecological funds

Track News
Last updated: October 24, 2022 5:57 pm
Track News
Share
SHARE

By Adeleye Kunle

Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to investigate the spending of the Ecological Fund by governments at all levels from 2001 to date.

The body charged him to direct the Attorney General of the Federation and Minister of Justice, Abubakar Malami (SAN) and anti-corruption agencies to take action.

SERAP wants suspected perpetrators of corruption and mismanagement to face prosecution while missing public funds traced should be fully recovered.

The call followed the flooding which has resulted in the loss of over 600 lives, displacement of more than a million persons, and destruction of properties worth billions.

Anambra, Bayelsa, Cross River, Delta, Kogi, Rivers, Benue, and Yobe are some of the worst-affected states.

A letter by SERAP deputy director, Kolawole Oluwadare said “trillions of ecological funds have allegedly gone down the drain”.

The organization noted that the federal government has obligations to use all the means at its disposal to uphold the human rights of victims.

Citing the audit of the Ecological Fund Office carried out by the Nigeria Extractive Industries Transparency Initiative (NEITI), SERAP said N277 billion was disbursed from December 2011 to November 2016.

The letter pointed out that from 2012 to 2016, some of the disbursements were not utilised for the purpose for which it was established.

“Impunity for corruption will continue as long as high-ranking public officials go largely unpunished for their alleged crimes.

“It is by pursuing these allegations and taking the evidence before the court that the truth will be revealed and justice best served.”

SERAP indicated that it would file a lawsuit if the federal authorities fail to act within seven days of its demand for a probe.

TAGGED:Floods: SERAP gives Buhari ultimatum to trace trillions of ecological funds
Share This Article
Email Copy Link Print
Previous Article Four in court for allegedly bribing voters to secure victory for Gov Oyetola
Next Article Popular Nigerian Doctor, Chris Ekiyor Launches Operation Rescue Mission For Flood Victims In Delta
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
XFollow
InstagramFollow
LinkedInFollow
MediumFollow
QuoraFollow
- Advertisement -
Ad image

You Might Also Like

UK Varsity, Science Ministry Train Staff on Green Economy

By
Track News

2023 Presidency: Tinubu Makes New Appointment

By
Track News
National

Why Transfer Of Kanu From DSS Custody Must Be Done Without Delay – Simon Ekpa

By
Track News

Senate uncovers fresh $1.151bn withdrawals from NLNG dividends

By
Track News
Track News
Facebook Twitter Youtube Instagram

About US

Track News is a leading news site with a primary focus on Nigeria and world news in general. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Top Categories
Usefull Links

© Track News Media. All Rights Reserved. | Website Designed By AfeesHost

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?