News
Buhari in court over 1.48 trillion naira refinery scam
Socio-Economic Rights and Accountability Project has filed a lawsuit against President Muhammadu Buhari over his failure to probe allegations that over 1.48 trillion naira reportedly spent on maintaining the country’s four refineries between 2015 and 2020 may have been stolen, mismanaged or diverted into private pockets.
According to SERAP, the government reportedly spent 10.23 billion naira in June 2020 on three refineries that processed zero crude. Also in 2021, the government approved 1.5 billion dollars to repair the Port Harcourt refinery. Despite the huge spending, the refineries are still not working while fuel scarcity persists.
In the suit number filed at the Federal High Court, Lagos, SERAP is seeking an order of mandamus to direct and compel Buhari to investigate the spending on Nigeria’s refineries, and alleged mismanagement of public funds budgeted for maintaining the refineries since 1999.
PUNCH MA/MAO 8LINES
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