Publish loan agreements by Obasanjo, others SERAP tells Tinubu

The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to instruct the relevant ministries, departments, and agencies (MDAs) to furnish the organization with copies of loan agreements obtained by former presidents Olusegun Obasanjo, Umaru Yar’Adua, Goodluck Jonathan, and Muhammadu  Buhari. SERAP, which made the demand in a Freedom of Information request signed by its Deputy Director Kolawole Oluwadare, is also asking President Tinubu to disclose the spending details of the loans and the interest and other payments so far made on them. The civil society organization further urged the President to establish an independent audit on the spending of the loans obtained by the governments of the former presidents and to make public the findings of any such audit. SERAP, while urging the government to make copies of the agreements public, said it believes that it would prevent waste, corruption, mismanagement, and abuse of public funds.