Socio-Economic Rights and Accountability Project (SERAP) has urged the World Bank President Mr Ajay Banga to conduct investigation into spending of loans and other facilities by Nigeria’s 36 state governors.
The group also called on the organisation to suspend any loans and funding if there is evidence of mismanagement or diversion of public funds by any of the states.
SERAP further urged the Bank to “suspend further applications for loans and any other funding to the 36 states until these states are able to satisfactorily explain details of spending of loans and other facilities obtained from the Bank and its partners.”
