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By Adedapo Adesanya
Socio-Financial Rights and Accountability Venture (SERAP) has urged President Bola Ahmed Tinubu to probe the allegations that $2.1 billion and N3.1 trillion in public funds of oil revenues and budgeted as gas subsidy funds are lacking and unaccounted for between 2016 and 2019, as documented by the Auditor-Normal of the Federation.
SERAP, within the first letter to the brand new president, charged him to “identify and disgrace anybody suspected to be answerable for the alleged widespread and systemic corruption in the usage of oil revenues and the administration of public funds budgeted as gas subsidy and to make sure their efficient prosecution in addition to the complete restoration of any proceeds of crime.”
SERAP additionally requested him “to promptly, completely, independently, transparently and successfully probe all gas subsidy paid by successive governments for the reason that return of democracy in 1999, and to make use of any recovered proceeds of crime as palliatives to handle the affect of any subsidy elimination on poor Nigerians.”
Within the letter dated June 3, 2023, and signed by SERAP deputy director Kolawole Oluwadare, the organisation stated: “There’s a reputable public curiosity in making certain justice and accountability for these severe allegations,” noting that “There can be no financial progress or sustainability with out accountability for these human rights crimes.”
SERAP stated: “Your authorities ought to urgently act to comply with due technique of legislation in any coverage to take away gas subsidy, be certain that suspected perpetrators of those crimes in opposition to Nigerians are dropped at justice, and full restoration of any lacking public funds.”
SERAP additionally stated, “Arbitrarily eradicating gas subsidy with out addressing excellent accountability points within the alleged mismanagement of oil revenues and gas subsidy funds would quantity to punishing poverty and additional impoverishing the poor whereas letting high-profile officers and non-state actors get away with their crimes,” including that, “Any elimination of gas subsidy shouldn’t be used as a ploy to maintain the poor in poverty whereas those that allegedly stole oil revenues and gas subsidy funds hold their ill-gotten wealth.”
SERAP knowledgeable Mr Tinubu that, “Beneath Part 16(1) of the Structure, your authorities has a accountability to ‘safe the utmost welfare, freedom and happiness of each citizen on the idea of social justice and equality of standing and alternative.’ Part 16(2) additional supplies that, ‘the fabric assets of the nation are harnessed and distributed as greatest as potential to serve the widespread good.’
“The UN Conference in opposition to Corruption and the African Union Conference on Stopping and Combating Corruption, to which Nigeria is a state social gathering, obligate your authorities to successfully forestall and examine the plundering of the nation’s wealth and pure assets and maintain public officers and non-state actors to account for any violations.
“Particularly, article 26 of the UN Conference requires your authorities to make sure ‘efficient, proportionate and dissuasive sanctions’ together with prison and non-criminal sanctions, in instances of grand corruption.
“Article 26 enhances the extra common requirement of article 30, paragraph 1, that sanctions should consider the gravity of the corruption allegations.”
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