SERAP Tells Buhari to Probe Missing $30m Safe School Fund

Image

By Adedapo Adesanya

The Socio-Economic Rights and Accountability Project (SERAP) has asked President Muhammadu Buhari to probe the allegations on the missing, mismanaged or diverted $30 million Safe School Fund.

The group made this call in a statement signed by its Deputy Director, Mr Kolawole Oluwadare, and further asked the President to direct the Attorney General of the Federation and Minister of Justice, Mr Abubakar Malami (SAN), to bring to justice anyone involved in the alleged fraud.

Also, SERAP called on Mr Buhari to “direct Mr Malami and appropriate anti-corruption agencies to investigate why the Safe Schools Initiative, established to bolster security at schools in response to the abduction of the Chibok schoolgirls has failed to stop frequent abductions of students and to ensure the safety and security of Nigerian children in schools across the country.”

SERAP further urged President Buhari to “ask the United Nations Special Envoy for Global Education, Mr Gordon Brown, to wait for the outcome of any investigation into the spending of the $30 million initially budgeted for the Safe School Initiative programme before leading the international community and donors to push for more funds for the programme.”

SERAP’s letter followed the killing of three abducted Greenfield University students and the plan launched by the federal government last week to raise additional funds for safe schools.

The organisation noted that, “Rather than pushing to raise more funds for the Safe School Initiative programme, your government should prioritise and ensure a thorough, transparent, and effective investigation into the spending of the $30 million initially budgeted for the protection of schools, prevention of attacks, and continued education of students.

“SERAP will also consider asking Mr Brown to use his influence to insist on transparency and accountability in the spending of the $30 million safe school fund before rushing to engage donors to commit to additional funding of the Safe School Initiative programme.”

Also, it asked the 36 state governors to accept voluntary scrutiny by Nigerians and civil society regarding the spending of any funds spearheaded and raised to improve safety and security in Nigerian schools

“Despite the $30 million safe school fund meant to ensure safety and security in 500 schools, and to provide a school environment free of fear, no school has been protected, as illustrated by the recent spate of abductions and killings of students in several parts of the country.

“Allegations of corruption in the spending of the $30 million safe school fund undermine the safety and security of Nigerian children in schools and deny access of poor children to quality education in a safe environment because the money that the government should be spending to provide safe schools for Nigerian children is squandered or stolen.

“The Nigerian government has a legal obligation to protect Nigerian children from all forms of violence and other human rights abuses including abductions, killings, and to prevent and combat corruption in the spending of funds budgeted to improve safety and security in schools”.

According to SERAP, attacks on students, teachers, and their families violate constitutional and international human rights law and force many families to keep their children home. This aggravates existing disparities in access to education, further marginalizing the poor.

“The government’s apparent failure to ensure transparency and accountability in the spending of the $30 million safe school fund is contrary to the Nigerian Constitution 1999 [as amended], and violates Nigeria’s obligations under international law and the UN Sustainable Development Goals.

“We would be grateful if the recommended measures are taken 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 comply with our request in the public interest.

Share
Related Stories
Image
05-February-2024

NGX Releases New Edition of StockTown Comic Capital Market Book

By Aduragbemi Omiyale A new edition of the unique comic book designed to promote financial literacy among the younger generation of Nigerians, StockTown, has been released by the Nigerian Exchange (NGX) Limited. Proudly supported by Zenith Bank, Cadbury Nigeria Plc, Norrenberger Securities Ltd, and APT Securities Ltd, the latest edition delves into Mora and her friends’ journey in establishing a stock trading club in their school. NGX Stocktown is available in both print and digital formats, and interested readers can download the magazine from the NGX website. The book is the realization of a long-held passionate idea by the Exchange

Image
19-January-2024

Brittle Paper Honours Akada Children’s Book Festival

By Modupe Gbadeyanka One of the leading literary blogs in Africa, Brittle Paper, has honoured Nigeria’s premier children’s book festival, the Akada Children’s Book Festival (ACBF), with an award. ACBF was recently named the 2023 Brittle Paper Literary Platform of the Year, acknowledging its commitment to children’s literacy and wider impact on the Nigerian literary scene. The festival has played a pivotal role in supporting self-published authors, promoting diverse voices, and fostering a more inclusive literary culture in the country. In a statement made available to Business Post, it was disclosed that the award also recognised ACBF’s exceptional contributions to

Image
17-January-2024

FG Provides N5.1bn to Fund 185 Successful Research Proposals

By Adedapo Adesanya The federal government has announced the approval of N5.1 billion for the funding of 185 successful research proposals for the 2023 Grant Cycle under the Tertiary Education Trust Fund (TETFund) National Research Fund (NRF). This was contained in a statement by TETFund and signed by the agency’s Director of Public Affairs, Mr Abdulmumin Oniyangi. According to the statement, the approval is in continuation of the government’s efforts “aimed at boosting research and development for economic and technological development in Nigeria by President Bola Tinubu’s administration.” Mr Oniyangi said the approval, which was granted by the Minister of

More Stories
Image
06-December-2017

European Stocks Tumble after Trump’s Okays Jerusalem as Israeli Capital

By Investors Hub European stocks have moved notably lower on Wednesday as weak commodity prices, worries over a possible U.S. government shutdown and U.S. President Donald Trump’s comments that he plans to move his country’s embassy to Jerusalem dented risk appetite and fueled demand for safe-haven assets. The French CAC 40 Index is sliding by 0.6 percent and the German DAX Index is tumbling by 1.1 percent. However, the U.K.?s FTSE 100 Index has bucked the downtrend and inched up by 0.1 percent. British insurance and travel specialist Saga has plunged after a profit warning. Furniture retailer Steinhoff has also

Image
03-October-2023

New Visa Study Reveals Overconfidence Contributes to Scam Success

By Adedapo Adesanya A new research from global payments giant, Visa, done across 17 countries in Central and Eastern Europe, the Middle East and Africa (CEMEA) has revealed a disconnect between consumers’ confidence in recognising fraud and their online behaviour, highlighting the importance of staying alert and mindful of fraud attempts. The study forms Visa’s Stay Secure Campaign, focused on raising consumer awareness, strengthening education, and building confidence to combat social engineering threats. Despite more than half of consumers (56 per cent) claiming to be savvy enough to sidestep online and phone scams, it was found that 90 per cent

Image
06-October-2018

Stanbic IBTC, CYCDI Motivate Youths at Global People’s Summit

By Dipo Olowookere In commemoration of the 2018 Global People’s Summit, Stanbic IBTC Bank, in collaboration with Creative Youth Community Development Initiative (CYCDI), and Covenant University, Ota, over the weekend engaged the youth on better understanding of the United Nations (UN) Sustainable Development Goals (SDGs) and their role in its attainment. The Global People’s Summit is organized by the Humanity Lab Foundation in partnership with the United Nations Office of Partnerships. It provides a platform for people and organizations around the world, especially the youth, to participate via a digital platform in the conversation to make change happen in society.

Image
31-July-2018

Asian Shares Close Mute as Investors Anticipate Fed, BoE Meetings

By Investors Hub Asian stocks ended Tuesday’s session on a muted note after the Bank of Japan tweaked its policy to make its stimulus program more flexible and data showed manufacturing growth in China slowed in July amid a worsening trade dispute with Washington. Traders also awaited cues from the Federal Reserve and Bank of England monetary policy announcements later this week. The Federal Reserve’s monetary policy announcement is due on Wednesday, with traders likely to keep a close eye on the accompanying statement for clues about the outlook for interest rates. The Bank of England is widely expected to

Image
30-August-2023

Crude Oil Rallies on Weak Dollar, US Hurricane

By Adedapo Adesanya Crude oil improved its value by more than $1 on Tuesday as the US Dollar weakened and investors debated the potential impact Hurricane Idalia, which is set to hit Florida this week, would have on energy supply and demand. The US Dollar index dropped on Tuesday after data showed that US job openings, a measure of labour demand, fell in July. As a result, Brent rose by $1.07 or 1.3 per cent to settle at $85.49 a barrel, while US West Texas Intermediate (WTI) went up by $1.06 or 1.3 per cent to $81.86 per barrel. A

Image
06-July-2017

Magu Can Only Quit if Buhari is Removed—Osinbajo

By Dipo Olowookere Acting President, Mr Yemi Osinbaji, has maintained that nobody can remove Mr Ibrahim Magu as the Acting Chairman of the Economic and Financial Crimes Commission (EFCC) as long as Mr Muhammadu Buhari remains President of Nigeria. Mr Osinbajo made this declaration on Thursday, July 6, 2017, while commissioning the Kaduna office of the anti-graft agency. The executive and the legislature have been at loggerheads in recent times over Mr Magu acting as Chairman of the Commission for several months. He has had his nomination rejected twice by the Senate. This week, the red chamber said it would

Image
25-January-2020

Nigeria, Others Invest $500m in Afreximbank

By Adedapo Adesanya The African Export-Import Bank (Afreximbank) has announced that existing shareholders, including the Federal Republic of Nigeria, have invested $500 million in new equity ranging from shares and callable capital to put the bank in a solid position. The bank in a statement released on Thursday said that the shareholders and the Arab Bank for Economic Development in Africa invested $200 million in Class A, B, and C shares and $300 million in callable capital, bringing the total value of new shares issued by the bank in 2019 to $500 million. It was also stated that the majority

Image
28-December-2018

Happyness Party 2018 Excites Fun Seekers in Lagos

By Dipo Olowookere It was excitement galore as holiday and fun lovers trooped out in their numbers to celebrate the 5th annual Happyness Party 2018. The summer pool party, which took place on December 21, showcased the best of hip-hop nightlife with over four thousand people in attendance at the popular Tickle Bay in the heart of Lekki-Lagos.  The Happyness Party parades a colourful combination of celebrities, corporate executes and business professionals with the goal of making Lagos State the preferred destination for summer tourist in West Africa. It creates opportunities annually, where creative and merry minds can enjoy good

Ad
Ad
Recent Stories
Image
02-March-2024

Endosurvivors Foundation Set For Another Endometriosis Awareness

By Adedapo Adesanya EndoSurvivors International Foundation (ESIF), an NGO championing endometriosis awareness in Nigeria, has announced its upcoming events in commemoration of the Global Endometriosis Advocacy Month in March, fondly tagged March4Endo by advocates all over the world.  Endometriosis is a chronic and inflammatory condition that affects approximately 1 in 10 girls and women in Nigeria and on a global scale. This sums up to about 190 million affected girls/women around the world, about the population of Nigeria in 2018.  The World Health Organisation (WHO) recognizes that endometriosis has significant social, public health, and economic implications leading to a decrease

Image
02-March-2024

CSCS, FrieslandCampina Lift NASD OTC Bourse by 0.31%

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange returned to the positive territory after it gained 0.31 per cent on Friday, March 1, thanks to the duo of Central Securities Clearing System (CSCS) Plc and FrieslandCampina Wamco Nigeria Plc. CSCS Plc added 81 Kobo to its value to sell for N19.46 per unit compared with the preceding day’s N18.65 per unit, and FrieslandCampina improved by N1.15 to settle at N71.4o per share, in contrast to Thursday’s closing price of N70.25 per share. However, Aradel Holdings Plc continued its price depreciation yesterday as it shed N6.75 to sell at N2,395.00

Image
02-March-2024

Naira Now N1,548.25 at Official Market, N1,560/$1 at Black Market

By Adedapo Adesanya The Naira sustained its gradual recovery against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Friday, March 1, appreciating by 2.94 per cent or N46.86 to sell at N1,548.25/$1, in contrast to the N1,595.11/$1 it was traded on Thursday. Also, in the spot market, the Nigerian currency improved its value against the Pound Sterling during the trading day by N90.13 to close at N1,956.06/£1 versus the previous day’s N2,046.19/£1 and against the Euro, it gained N76.39 to trade at N1,675.25/€1, in contrast to the N1,751.64/€1 it closed a day earlier. The supply of

Image
02-March-2024

Crude Oil Jumps 2% as Traders Sight Possible OPEC+ Cuts

By Adedapo Adesanya Crude oil appreciated by about 2 per cent on Friday as traders awaited a decision from the Organisation of the Petroleum Exporting Countries and allies (OPEC+) on supply agreements for the second quarter. Yesterday, the price of Brent futures went up by $1.64 or 2 per cent to $83.55 per barrel and the US West Texas Intermediate (WTI) futures rose by $1.71 or 2.19 per cent to $79.97 a barrel. For the week, Brent added around 2.4 per cent while WTI gained more than 4.5 per cent. Analysts noted that the expectation that OPEC+ is going to

Image
02-March-2024

NGX Indices Nosedive by 1.23% as Traders Resume Profit-Taking

By Dipo Olowookere The bears made a quick return to the Nigerian Exchange (NGX) Limited after leaving the stage for the bulls for a day as investors reassessed the impact of the hike in the benchmark interest rate by the Central Bank of Nigeria (CBN) on Tuesday on their investments. On Friday, the key performance indicators of the bourse closed lower by 1.23 per cent as a result of renewed selling pressure, especially in the energy and industrial goods sectors. Business Post reports that at the close of transactions on the first trading session of March 2024, the industrial goods

Image
01-March-2024

CBN Revokes Operational Licences of 4,173 BDC Operators [FULL LIST]

By Aduragbemi Omiyale The operational licences of 4,173 Bureaux De Change (BDC) operators have been revoked by the Central Bank of Nigeria (CBN). A statement signed by the acting Director of the Corporate Communications Department of the apex bank, Mrs Hakama Sidi Ali, on Friday disclosed that the action was taken because the affected BDCs did not adhere to regulatory provisions. The central bank said the BDCs did not pay all necessary fees, including licence renewal, within the stipulated period in line with guidelines. It also said they failed to give account of returns in line with the guidelines, and

Image
01-March-2024

BREAKING: Popular Yoruba Comic Actor Sisi Quadri Dies

By Modupe Gbadeyanka A popular Yoruba comic actor, Mr Tolani Quadri Oyebamiji, otherwise known as Sisi Quadri, has died, according to reports. However, the cause of his death is still unclear as of the time of filing this report. There are speculations that he briefly fell ill before his passing, though he was seen publicly some months ago with a fellow comic actor, Sanusi Izihaq, who is well-known as Apa or Apankufor. Sisi Quadri, who died at the age of 44, was recently gaining fresh public attention with his comic act with Apa and others. His demise has hit the

Image
01-March-2024

Transcorp Power to List Shares on Nigerian Exchange March 4

By Dipo Olowookere Another power generating company will join Geregu Power Plc on the Nigerian Exchange (NGX) Limited, Business Post has gathered. The new firm joining the nation’s flagship stock exchange is Transcorp Power Plc, a company owned by businessman and Chairman of UBA Plc, Mr Tony Elumelu. Information reaching this newspaper is that Transcorp Power is listing its shares on the NGX by introduction on Monday, March 4, 2024. The organisation is taking to the stock market about 7,500,000,000 units of its equities at N240.00 each, increasing the total value of the local equity market by N1.8 trillion. Its

Image
01-March-2024

Risevest Suspends Crypto Payment as Clampdown Intensifies

By Adedapo Adesanya Foreign stocks trading and investment firm, Risevest, has voluntarily announced a temporary suspension of cryptocurrency assets in Nigeria until the current wave of clampdown on operations settles. In a notice sent to customers on Friday and seen by Business Post, the platform said users won’t be able to fund their wallets using cryptocurrency as it allowed. The company revealed that it noticed that there has been an uptick in funding and possible gaming of the system, and warned against this. “We’re temporarily suspending crypto funding on Rise for users in Nigeria, pending clarity on the regulatory landscape.

Image
01-March-2024

Foreign Capital Into Nigeria’s Energy Industry Plunges 42.8% to $3.64bn in 2023

By Adedapo Adesanya Foreign capital inflows, which gauges the level of foreign investment into the country, through the Nigerian oil and gas industry in 2023 dropped by 42.8 per cent to $3.64 million from the $6.37 million recorded in 2022. This is contained in the latest data obtained from the Nigeria capital importation report for the fourth quarter of 2023 released recently by the National Bureau of Statistics (NBS). The NBS revealed that total foreign capital inflow into the oil and gas sector in 2023 accounted for 0.09 per cent of total foreign capital inflow into the Nigerian economy in