President Muhammadu Buhari has been sued “over his failure to probe allegations that over N11 trillion meant to provide regular electricity supply since 1999 may have been stolen, mismanaged or diverted into private pockets.”
SERAP had, in March 2022, given Buhari seven days to order a probe into how N11 trillion meant to provide regular power supply in the country was mismanaged over collapsed National Grid.
The organisation urged Buhari to direct the Attorney-General of the Federation and Minister of Justice, Mr Abubakar Malami, SAN, and relevant anti-corruption agencies to investigate how the funds had been spent since 1999.
In what looked like failure of the government to probe the allegation, SERAP, in a suit number FHC/L/CS/1119/2022, filed last week at the Federal High Court, Lagos, the Socio-Economic Rights and Accountability Project (SERAP) is seeking “an order of mandamus to direct and compel Buhari to investigate how over N11 trillion meant to provide regular electricity supply has been allegedly squandered by governments since 1999.”
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The electricity grid has reportedly collapsed at least three times within five months, and 130 times in seven years, plunging many households across the country into darkness.
According to the World Bank, epileptic power supply costs businesses in Nigeria about $29 billion yearly.