FCT Minister, Nyesom Wike, and the 36 state governors have been sued “over their failure to account for the spending of trillions of FAAC allocations collected by their states and the FCT since 1999.”
The Socio-Economic Rights and Accountability Project (SERAP) filed the lawsuit last Friday at the Federal High Court, Abuja following reports that the Federation Account Allocation Committee (FAAC) disbursed N1.123 trillion to the federal, state, and local governments for March 2024.
The three tiers of government shared N1.208 trillion in April. While states collected N398.689 billion in March, they received N403.403 billion in April, SERAP said.
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FHC/ABJ/CS/666/2024 filed last Friday at the Federal High Court, Abuja, SERAP is asking the court to “direct and compel the governors and Mr Wike to publish spending details of the FAAC allocations collected by their states and the FCT since 1999 including the list and locations of projects executed with the money.”
In their suit, SERAP said: “Nigerians ought to know in what manner public funds including FAAC allocations, are spent by the governors and FCT minister,” a Sunday statement by SERAP’s Deputy Director, Kolawole Oluwadare, read.
“Opacity in the spending of the FAAC allocations collected by the governors and Mr Wike would continue to have negative impacts on the fundamental interests of the citizens.
“Trillions of FAAC allocations received by Nigeria’s 36 states and the FCT have allegedly gone down the drain. The resulting human costs directly threaten the human rights of socially and economically vulnerable Nigerians.”
