SERAP Calls Out The FG Over Recession

Following the announcement from the National Bureau Statistics yesterday that Nigeria has experienced another recession, the Socio-Economic Rights and Accountability Project SERAP has called on the Federal Government to reduce the cost of governance.

According to the body, the federal government is supposed to cut down allocations for security votes, renovation of the National Assembly, exorbitant salaries and a lots more.

The body sent the letter to the federal government yesterday 21st November. They as well said that public funds should not be used to finance the luxury life of the members of the National Assembly and the State Governors.

They also noted that implementing human rights, transparency and accountability will save money and fast track the economic recovery process. The body said years of mismanagement of public funds has led to borrowing, debt and the current recession.

The body, notwithstanding, urged the federal government to implement the recommended actions within 14 days or else legal actions will be taken against them.

We stated in the letter sent yesterday: The paltry resources Nigeria invests in essential public services that would benefit ordinary Nigerians can be partly explained by the high spending of public funds to finance a life of luxury for members of @nassnigeria governors, etc.
— SERAP (@SERAPNigeria) November 22, 2020

Implementing human rights, transparency and accountability measures would save money, address projected adverse human rights impacts of the recession, and fast-track the economic recovery process.
— SERAP (@SERAPNigeria) November 22, 2020

Decades of mismanagement and corruption, and deep-seated deficiencies in public financial management have directly contributed to higher levels of borrowing and public debts, and consequently, the economic recession.
— SERAP (@SERAPNigeria) November 22, 2020

We would be grateful if your government begins to implement the recommended action within 14 days of the receipt and/or publication of this letter. If we have not heard from you by then, SERAP shall take all appropriate legal actions to compel your government to do so.
— SERAP (@SERAPNigeria) November 22, 2020