ACCOUNT FOR N5.9TN, $4.6BN LOANS, SERAP GIVES SANI, WIKE, OTHERS ULTIMATUM  

The Socio-Economic Rights and Accountability Project has given the Kaduna State Governor, Uba Sani; the Minister of the Federal Capital Territory, Nyesom Wike, and other 35 state governors one-week ultimatum to provide the loan agreements and spending details of the loans “obtained by their states and the FCT.”

SERAP’s requests also included the “details and locations of projects executed with the loans,” which amount to N5.9 trillion and $4.6 billion.

This was disclosed in a statement signed by the organisation’s Deputy Director, Kolawole Oluwadare; a copy of which was made available to to newsmen on Sunday.

The Organisation noted that its request followed the disclosure made by Sani, on Saturday, when he lamented the huge debt inherited from his predecessor, Nasir El-Rufai, on May 29, 2023.

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