Categories: EconomyNews

133m Poor Nigerians: SERAP Urges Buhari To Probe Spending On ‘Social Intervention Programmes

Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to “promptly set up a presidential panel of enquiry to thoroughly, impartially, effectively and transparently investigate spending on all social safety-nets and poverty alleviation programmes and projects executed between 2015 and 2022.”

SERAP also urged him, “to ensure the findings of any such investigation are widely published, and suspected perpetrators of corruption, and mismanagement of public funds meant to take care of the poor should face prosecution as appropriate, if there is sufficient evidence, and any stolen public funds should be recovered.”

A recent report by the National Bureau of Statistics (NBS) shows damning revelations that some 133 million Nigerians are poor, despite the government reportedly spending N500 billion yearly on ‘social investment programmes.’ Half of all poor people in the country are children.

In the letter dated 19 November 2022 and signed by SERAP deputy director Kolawole Oluwadare, the organisation said, “The report suggests a grave violation of the public trust, and the lack of political will to genuinely address poverty, and uphold your government’s constitutional and international human rights obligations.

“The report that 133 million Nigerians are poor suggests corruption and mismanagement in the spending of trillion of naira on social safety-nets and poverty alleviation programmes, including the reported disbursement of over $700 million from the repatriated Abacha looted funds to these programmes.”

“Your government has legal obligations to effectively and progressively address and combat extreme poverty as a matter of human rights.

“The failure to address extreme poverty has resulted in high levels of inequality, and serious violations of economic and social rights of Nigerians, particularly the socially and economically vulnerable sector of the population.”

Recent Posts

Man Arrested For Insulting President Tinubu, Sanwo-Olu, IGP

A popular Nigerian TikToker identified simply as Seaking has been arrested by operatives of the…

4 hours ago

The Longest Prison Sentences Ever Served

Throughout history, some individuals have endured extraordinarily long prison sentences, with their stories reflecting the…

4 hours ago

Families Call For Help As DSS Arrests Lovers In Osun Community

There is growing tension in Modakeke, Osun State, following the alleged arrest of two lovers,…

8 hours ago

Ibadan Stampede: I Regret Not Heeding Spiritual Warning – Woman Who Lost Two Kids

A victim of the stampede that occurred in Ibadan, Oyo State capital, which has claimed…

8 hours ago

Trending Stories In Osun Today

The vibrant Osun State is no stranger to captivating events and headlines that draw attention…

9 hours ago

Dec 22: Dollar To Naira Rate (Black Market)

As of today, December 22, 2024, the Nigerian naira has depreciated to an unprecedented level…

9 hours ago

This website uses cookies.