The Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola Tinubu to reject the recently approved $1.08 billion World Bank loan. The organisation is urging the president to order an investigation into allegations that over N233 billion in public funds are missing, diverted, or unaccounted for by the Nigerian Bulk Electricity Trading Plc (NBET) and several other Ministries, Departments, and Agencies SERAP, in a letter dated April 5, 2025, stressed that the loan is unnecessary and not in the public interest, particularly given the country’s crippling debt burden…
Read More‘Reject It,’ Group Tasks Tinubu On $1.08Bn W’Bank Loan, Missing N233Bn
