Why’s SERAP Pressing Buhari’s Neck Again?

December 6, 2022

The Socio-Economic Rights and Accountability Project (SERAP) has a track record of suing Buhari every three market days. The organisation has dragged the president to court over the embezzlement of ₦1.4 trillion meant for oil refineries, and for his failure to publish the repatriation details of Abacha’s $23 million loot, amongst others. The list of lawsuits is endless and SERAP isn’t planning on slowing down anytime soon.

The latest lawsuit from SERAP concerns Buhari’s failure to investigate the missing trillions of naira in ecological funds from all levels of government from 2001 to date. The organisation is also demanding punishment for the suspected perpetrators of corruption and mismanagement of the funds.

But what’s so important about this ecological fund and how could the missing trillions have helped us? Let’s go to school for a bit.

What’s the ecological fund?

The ecological fund is an emergency or intervention fund set up by the Federal Government in 1981 to address ecological problems in the country. Just think of it as a piggy bank for whenever Nigeria has some serious environmental issues. 

Beneficiaries of the fund are the National Emergency Management Agency (NEMA), Office of the Secretary to the Government of the Federation (OSGF), or any other projects on the approval of Mr President.

The third option should give a clue as to where the money went to.

How much did we have in the fund? 

According to reports from the Federation Account Allocation Committee (FAAC), Nigeria set aside a total of ₦548 billion for the 36 states between 2012 and 2021. However, only ₦277 billion showed up in the fund while ₦74 billion was sent to state governments for their climate needs.

So what happened to the remaining ₦197 billion?



How could the funds have helped Nigeria?

Nigeria’s most pressing ecological problem is floods. In 2022, the country experienced its worst flooding crisis in ten years. These floods claimed over 600 lives and displaced 1.3 million people. Victims in the Internally Displaced Persons (IDP) camps suffered from respiratory diseases, as well as cholera and diarrhea.

These funds could have been useful if well utilised for proper healthcare, faster drainage of the floodwaters, and even better grounds for IDP camp facilities.

One thing is sure — if there’s a lack of accountability with public funds, more climate disasters will definitely happen. That’s what SERAP is trying to prevent.

Join The Conversation

Bring a friend.

You'll like this

July 24, 2020

This is a safe space. 1) They have plants. House plants to be specific. 2) They have long-ass mirrors in the bedroom, parlour, and bathroom. Alongside ten other small mirrors littered all around the house. 3) The inside is painted white. Is this heaven? 4) You’ll see scented candles of every size. 5) Their workstation/table […]

Watch

Now on Zikoko

Recommended Quizzes

November 4, 2019

After successfully predicting when y’all are getting married (please, email any complaints to noneofourbusiness@nayousabi.com), we are back to tell you how much is currently in your account. How, you might ask? By using your taste in Nollywood, of course. Shhh. No questions. Just take it already:

June 14, 2020

Have you ever been with someone so horrible that you swore to never date again? Yes? Well, do you know that one or more of your exes probably feels the same way about you? You never thought about that, huh? Thankfully, this quiz is here to let you know just how much of a hassle […]

November 7, 2019

These days, everyone is always talking about how much sex they’re getting, or how little sex they’re getting, or how disgusting sex is etc. There’s just so much talk about sex, it’s almost impossible to know who’s lying and who’s telling the truth. In anticipation of our new series about the sex lives of young […]

More from Citizen

Watch

Trending Videos

Zikoko Originals

September 13, 2022
Vs The World is a Zikoko original video series that follows best friends Astor and Hassan as they take on the world.
August 23, 2022
Zikoko Ships is a Zikoko Original series where we invite two people who share a relationship to play the Zikoko card games
December 14, 2020
What happens when a group of chatty young Nigerians talk about things they're passionate about? You get Nigerians talk. A show that discusses very familiar struggles for the average Nigerian. From relationship deal breakers to sex education with Nigerian parents to leaving Nigeria, be prepared for a ride.
November 2, 2020
'The Couch' is a Zikoko series featuring real life stories from anonymous people.
October 26, 2020
A collection of videos documenting some of the events of the EndSARS protests.
June 22, 2020
'The Couch' is a Zikoko series featuring real life stories from anonymous people.
June 22, 2020
Hacked is an interesting new series by Zikoko made up of fictional but hilarious chat conversations.
June 4, 2020
What happens when a group of chatty young Nigerians talk about things they're passionate about? You get Nigerians talk. A show that discusses very familiar struggles for the average Nigerian. From relationship deal breakers to sex education with Nigerian parents to leaving Nigeria, be prepared for a ride.
June 2, 2020
Quickie is a video series where everyone featured gets only one minute to rant, review or do absolutely anything.
May 14, 2020
Isolation Diary is a Zikoko series that showcases what isolation is like for one young Nigerian working from home due to the Coronavirus pandemic.

Z! Stacks

Here's a rabbit hole of stories to lose yourself in:

Zikoko amplifies African youth culture by curating and creating smart and joyful content for young Africans and the world.
X