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SERAP calls for probe of missing N4.4 billion budgeted for the National Assembly

Local News

SERAP calls for probe of missing N4.4 billion budgeted for the National Assembly

By magic

February 01, 2021

The Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President Ahmad Lawan, and Speaker of House of Representatives Femi Gbajabiamila to urgently probe allegations that N4.4 billion of public money budgeted for the National Assembly is missing, misappropriated, diverted or stolen, as documented in three audited reports by the Office of the Auditor-General of the Federation.

In an open letter dated January 30 and signed by SERAP’s Deputy Director Kolawole Oluwadare, the organisation said by exercising strong and effective leadership in this matter, the National Assembly can show Nigerians that the legislative body is a proper and accountable watchdog that represents and protects the public interest, and is able to hold both itself and the government of President Muhammadu Buhari to account in the management of public resources.

The agency believes that if the matter is not satisfactorily addressed, the allegations would undermine public confidence in the ability of the National Assembly to exercise its constitutional and oversight responsibilities to prevent and combat corruption, and to ensure the public interest, transparency and accountability in the management of public resources.

SERAP also expressed concerns that the allegations of corruption, mismanagement and misappropriation of public funds amount to fundamental breaches of the Nigerian Constitution of 1999 [as amended] and the country’s international obligations, including under the UN Convention against Corruption and the African Union Convention on Preventing and Combating Corruption.