• Latest
  • Trending
  • All
SERAP

SERAP sues FG, Demands Answers Over N1.48tr Fund for Refineries

May 16, 2022
President Tinubu Hails Banking Legend Jim Ovia at 75th Birthday

President Tinubu Hails Banking Legend Jim Ovia at 75th Birthday

November 5, 2026
US Midterm Election: Primate Ayodele Gets It Right Again (VIDEOS)

US Midterm Election: Primate Ayodele Gets It Right Again (VIDEOS)

November 4, 2026
Okeira Community Set for Celebration on December 18

Okeira Community Set for Celebration on December 18

November 4, 2026
SPECIAL FOCUS! Adekunle Badmus: The Rise and Rise of a Global Nation Builder

SPECIAL FOCUS! Adekunle Badmus: The Rise and Rise of a Global Nation Builder

November 4, 2026
Fafoluyi Hails Pan-Igbomina Leader, Fakayode on Birthday

Fafoluyi Hails Pan-Igbomina Leader, Fakayode on Birthday

October 30, 2026
GTCO Fashion Weekend 2026 to Spotlight Authentic African Fabric Makers Through Fashion Collective

GTCO Fashion Weekend 2026 to Spotlight Authentic African Fabric Makers Through Fashion Collective

October 29, 2026
Esimone Charges Africa To Turn Gas Wealth into Industrial Growth

Esimone Charges Africa To Turn Gas Wealth into Industrial Growth

October 29, 2026
Fidelity Bank Redeems US$`400m Eurobond at Maturity

Fidelity Bank Redeems US$`400m Eurobond at Maturity

October 28, 2026
AutoLife fest 2026

AutoLife Fest 2026 Set to Hit Lagos on Saturday

October 28, 2026
Verdant Zeal’s 14th Innovention Series Targets Entertainment As Africa’s Cultural Export

Verdant Zeal’s 14th Innovention Series Targets Entertainment As Africa’s Cultural Export

October 28, 2026
How Golvia's Innovation, 'Social Commerce Wheel' Will Benefit African Creator, Trigger Digital Growth - Nwankpa

How Golvia’s Innovation, ‘Social Commerce Wheel’ Will Benefit African Creator, Trigger Growth – Nwankpa

October 30, 2026
POLITICAL ANALYSIS) ADC and Atiku’s Road to Aso Rock: How the Former VP Could Defy the Odds in 2027

(POLITICAL ANALYSIS) ADC and Atiku’s Road to Aso Rock: How the Former VP Could Defy the Odds in 2027

October 26, 2026
CRU Affirms Rising Public Trust For Police

CRU Affirms Rising Public Trust For Police

October 23, 2026
CP Tijani Says CRU-ECAPI Advocacy Timely, Beneficial

CP Tijani Says CRU-ECAPI Advocacy Timely, Beneficial

October 23, 2026
New Movie Series, 'The Quiet' To Premiere Friday

New Movie Series, ‘The Quiet’ To Premiere on Friday At AFFIF 2026, X-rays Insecurity in Nigeria 

October 21, 2026
SDP Candidate, Oladigbo To Receive Students Union Award

SDP Candidate, Oladigbo To Receive Students Union Award

October 19, 2026
Friday, November 6, 2026
  • Login
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
No Result
View All Result
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
Home Featured

SERAP sues FG, Demands Answers Over N1.48tr Fund for Refineries

by Jam theconscienceng
May 16, 2022
in Featured, News
0
SERAP
Share on FacebookShare on Twitter
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share

SERAP

 SERAP sues FG, Demands Answers Over N1.48tr Fund for Refineries

Socio-Economic Rights and Accountability Project (SERAP) has sued President Muhammadu Buhari and Attorney General of the Federation and Minister of Justice, Abubakar Malami, at the Federal High Court, Lagos, over the failure to probe allegations that over N1.48 trillion was reportedly spent on maintaining the country’s four refineries between 2015 and 2020 may have been stolen, mismanaged or diverted into private pockets.

The organisation said: “The government reportedly spent N10.23 billion in June 2020 on three refineries that processed zero crudes. Also, in 2021, the government approved $1.5 billion (about N600 billion) to repair the Port Harcourt refinery. Despite the huge spending, the refineries are still not working, while fuel scarcity persists.”

In the suit (FHC/L/CS/806/2022) filed, last week, SERAP is seeking an order of mandamus to direct and compel Buhari to investigate spending on the refineries and alleged mismanagement of public funds budgeted for maintaining the facilities since 1999.

No date has been fixed for the hearing of the suit.

READ MORE:  Fidelity Bank Chairman Charges Africa To Be More Competitive

The body is also seeking an order of mandamus compelling Buhari to ensure the prosecution of anyone suspected to be responsible for the importation and distribution of dirty fuel in the country and identify and ensure access to justice and effective remedies for affected victims.

SERAP is arguing that it is in the public interest to ensure justice and accountability over alleged corruption and mismanagement in the oil sector, which has resulted in the importation and distribution of dirty fuel and protracted fuel scarcity.

According to the organisation, the Nigerian Constitution 1999 (as amended) and international standards impose clear obligations on the Buhari administration to take effective accountability measures to weed out, expose, and punish allegations of corruption in the oil sector.

SERAP is also arguing that ensuring justice and accountability in the spending of public funds on refineries would improve the availability of petrol.

“Impunity for alleged corruption in the oil sector has contributed to the importation and distribution of bad fuel, violating the human rights of many users, including to a safe, clean, healthy and sustainable environment.

READ MORE:  Marc Cucurella: Chelsea Manager, Potter Reacts to Boehly on Troubled Player

“The Buhari administration has legal obligations under Section 15(5) of the Nigerian Constitution to abolish all corrupt practices and abuse of power and Article 26 of the UN Convention against Corruption to ensure effective prosecution of allegations of corruption.

“Alleged corruption and mismanagement in the oil sector and the importation and distribution of dirty fuel have continued to deprive Nigerians of economic opportunities, subjecting them to cruel and degrading treatment,” SERAP argues.

The organisation is also seeking an order of mandamus to direct and compel Buhari to instruct appropriate anti-corruption agencies to jointly track and monitor the spending of public funds to rehabilitate, operate and maintain Nigeria’s refineries.

The suit filed on behalf of SERAP by its lawyers, Kolawole Oluwadare and Ms Adelanke Aremo, reads in part: “Nigeria has made legally binding commitments under the UN Convention against Corruption to ensure accountability in the management of public resources. These commitments ought to be fully upheld and respected.

READ MORE:  Fidelity Bank Applauds Air Peace over Successful Lagos London Route launch

“Directing and compelling President Buhari to probe allegations of corruption and mismanagement of the money meant to repair the country’s refineries would advance the rights of victims of corruption to restitution, compensation and guarantee of non-repetition.

“Combating the corruption epidemic in the oil sector would alleviate poverty, improve access of Nigerians to basic public goods and services, and enhance the ability of the government to meet its human rights and anti-corruption obligations.

SERAP
“Despite the country’s enormous oil wealth, ordinary Nigerians have derived very little benefit from their own natural wealth and resources, primarily because of widespread grand corruption and the impunity of perpetrators.

“High-ranking public officials, including officers of the Nigerian National Petroleum Company Limited suspected of complicity in the allegations of corruption and mismanagement in the oil sector, and the importation and distribution of adulterated fuel have continued to enjoy impunity.”

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook
  • Share on WhatsApp (Opens in new window) WhatsApp

Like this:

Like Loading…

Related

ShareTweet
Previous Post

JUST IN: Ogun Students Protest Strike,Shut down Benin-Ore Highway

Next Post

Eagles New Coach Peseiro Gets One-Year Short-Term Contract With Performance-Related Clauses

Jam theconscienceng

Jam theconscienceng

Related Posts

US Midterm Election: Primate Ayodele Gets It Right Again (VIDEOS)
Politics

US Midterm Election: Primate Ayodele Gets It Right Again (VIDEOS)

by TheConscience NG
November 4, 2026
SPECIAL FOCUS! Adekunle Badmus: The Rise and Rise of a Global Nation Builder
Champions

SPECIAL FOCUS! Adekunle Badmus: The Rise and Rise of a Global Nation Builder

by TheConscience NG
November 4, 2026
Fafoluyi Hails Pan-Igbomina Leader, Fakayode on Birthday
Lifestyle

Fafoluyi Hails Pan-Igbomina Leader, Fakayode on Birthday

by TheConscience NG
October 30, 2026
GTCO Fashion Weekend 2026 to Spotlight Authentic African Fabric Makers Through Fashion Collective
Business

GTCO Fashion Weekend 2026 to Spotlight Authentic African Fabric Makers Through Fashion Collective

by TheConscience NG
October 29, 2026
Esimone Charges Africa To Turn Gas Wealth into Industrial Growth
Business

Esimone Charges Africa To Turn Gas Wealth into Industrial Growth

by TheConscience NG
October 29, 2026
Fidelity Bank Redeems US$`400m Eurobond at Maturity
Business

Fidelity Bank Redeems US$`400m Eurobond at Maturity

by TheConscience NG
October 28, 2026
Next Post
peseiro

Eagles New Coach Peseiro Gets One-Year Short-Term Contract With Performance-Related Clauses

No Result
View All Result

Recent Posts

  • President Tinubu Hails Banking Legend Jim Ovia at 75th Birthday
  • US Midterm Election: Primate Ayodele Gets It Right Again (VIDEOS)
  • Okeira Community Set for Celebration on December 18
  • SPECIAL FOCUS! Adekunle Badmus: The Rise and Rise of a Global Nation Builder
  • Fafoluyi Hails Pan-Igbomina Leader, Fakayode on Birthday

Get the latest news on the go!

Enter your email address

© 2025 TheConscience NG

TheConscience NG

  • About
  • Contact Us
  • Privacy-Policy
  • Terms and Conditions
  • TheConscienceNg.com | Breaking & Verified Nigerian News on the go!

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
X
Subject:
Message:
Ajax loader
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech

© 2025 TheConscience NG

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Share with friends
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share
%d