A Federal High Court sitting in Abuja has ordered the government of President Muhammadu Buhari to “account for the spending of 486 million dollars Chinese loan to fund the failed Abuja Closed-Circuit Television (CCTV) project.
The court also ordered the government to publish the total amount of money paid to Chinese and local companies and contractors, specific details and the implementation of the project.
Justice Emeka Nwite made the orders while delivering judgment in a Freedom of Information suit by Socio-Economic Rights and Accountability Project, SERAP.
Justice Nwite also ordered the government to provide the details clarifying whether the sum of 1.5 billion Naira paid for the failed contract meant to construct the headquarters of the Code of Conduct Bureau, CCB, was part of another loan obtained from China
The Deputy Director, SERAP, Mr Kolawole Oluwadare who made this known in a statement said the suit followed the disclosure in 2019 by the Minister of Finance, Mrs Zainab Ahmed that Nigeria was servicing the loan and that she had no explanations on the status of the project.