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SERAP drags President Tinubu before court over alleged N167bn projects fraud

The Socio-Economic Rights and Accountability Project, SERAP, has dragged

President Bola Tinubu to court over alleged N167 billion project fraud.

A statement sent to reporters by SERAP on Sunday, said that Tinubu’s failure to order prosecution of contractors who collected money to the range of N167 billion to execute projects, but failed to do so, triggered the lawsuit against him.

SERAP said it identified 31 ministries, departments and agencies of government that failed to have their projects executed, despite funds committed to the contractors handling those projects.

SERAP decried the high number of failed projects across agencies of government.

“Nigerians have the right to democratic governance, to influence government decisions, and to assess progress while holding officials accountable,” SERAP said in the statement.

The statement listed a number of government agencies with failed projects.

The Nigerian Bulk Electricity Trading Plc, NBET, alone allegedly paid N100 billion to companies for projects that were never completed.

Other MDAs with failed contracts are Nigerian Correctional Service, National Pension Commission, Abuja, Federal College of Land Resources Technology, Owerri, Hydrocarbon Pollution Remediation Project, HYPREP, Office and Petroleum Technology Development Fund, PTDF.

Also named are Federal Ministry of Youth and Sports Development, Federal Medical Centre, Bida, Niger State, National Centre for Women Development, Institute for Peace and Conflict Resolution, National Business and Technical Examinations Board, NABTEB, and Ministry of Niger Delta Affairs.

 

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