N2 Trillion Planned Loan: SERAP Sues President Buhari

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Socio-Economic Rights and Accountability Project (SERAP) said it will sue President Muhammadu Buhari and his administration over the plan to borrow N2 trillion.

Recall that Nigeria is currently facing a burden of N33 trillion debt.

SERAP in a post on its official Twitter account persistent borrowing is antithetical to the constitutional oath of office.

The rights group tweeted, “We’re suing President Buhari and his administration over yet another plan to borrow N2 trillion despite the N33 trillion debt burden facing Nigeria.

“Persistent borrowing is antithetical to the constitutional oath of office. We’ll see them in court to end the debt crisis.”

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