President Bola Tinubu has been dragged to court by the Socio-Economic Rights and Accountability Project, SERAP, over alleged N167 billion project fraud.
A statement made available to journalists by SERAP on Sunday pointed out that Tinubu’s failure to order prosecution of contractors who collected money to the tune 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.
The civil society organization decried the huge number of failed projects across agencies of government.
Moting that transparency is key to accountability, it urged the government to disclose all information related to the fraudulent contracts.
“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 identified 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 include, 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 listed 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.
