SERAP Challenges Buhari To Probe ‘Missing’ N11tn Electricity Fund

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POWER TRANSMISSION LINE
HOUSTON, TEXAS - FEBRUARY 21: A view of high voltage transmission towers on February 21, 2021 in Houston, Texas. Millions of Texans lost their power when winter storm Uri hit the state and knocked out coal, natural gas and nuclear plants that were unprepared for the freezing temperatures brought on by the storm. Wind turbines that provide an estimated 24 percent of energy to the state became inoperable when they froze. (Photo by Justin Sullivan/Getty Images) *** BESTPIX ***

SERAP Challenges Buhari To Probe ‘Missing’ N11tn Electricity Fund

Socio-Economic Rights and Accountability Project has asked President Muhammadu Buhari, to investigate how over N11 trillion meant to provide regular electricity supply has been allegedly squandered by governments since 1999.

SERAP made the request in a letter signed by its Deputy Director, Kolawole Oluwadare, on Sunday.

The letter followed the collapse of the national grid, which has plunged the country into total darkness.

The letter, read in part, “The situation will not improve unless you fulfil your campaign promises to probe corruption in the electricity sector, prosecute perpetrators, and recover any missing public funds.

“Corruption in the electricity sector and the lack of transparency and accountability in the use of public funds to support the operations of DISCOS have resulted in regular blackouts, electricity grid collapse, and unlawful hike in electricity tariffs.

“Corruption in the electricity sector has also continued to disproportionately affect the most disadvantaged and vulnerable sectors of the population who cannot readily afford expensive generators in order to have a reliable power supply.

“Your government has constitutional and international obligations to ensure regular and uninterrupted supply of electricity, even in times of resource constraints.

“SERAP urges you to urgently implement documented reports of cases of corruption in the electricity sector, and ensure full accountability and restitution.

“We would be grateful if the recommended measures are taken within 7 days of the receipt and/or publication of this letter. If we have not heard from you by then, SERAP shall consider appropriate legal actions to compel your government to comply with our request in the public interest.

“The failure of successive governments and high-ranking government officials to prevent corruption in the electricity sector and to bring suspected perpetrators to justice is the primary cause of the persistent crisis in the electricity sector, including the exploitation of electricity consumers, and collapse of the electricity grid.”