Tuesday 15 May 2012

SNG sues FG for N2.5tn subsidy payments


L-R: Convener, Save Nigeria Group, Pastor Tunde Bakare; President, Women Arise, Dr. Joe-Okei Odumakin and  Chairman-elect, Nigerian Bar Association, Ikeja Branch, Mr. Monday Ubani, during a press conference on the Fuel Subsidy Probe and the State of the Nation in Lagos... on Monday
The Save Nigeria Group on Monday instituted a legal action at the Federal High Court in Lagos against the Federal Government on the withdrawal of N2.5tn for subsidy payments from the Consolidated Revenue Fund instead of the N245bn approved in the 2011 Appropriation Act.
SNG Convener, Pastor Tunde Bakare, said this at a press conference in Lagos on Monday.
Bakare lamented that President Goodluck Jonathan had not directly addressed the matter ‘‘except through remarks on his behalf by presidential aides.’’
In the Originating Summons, the Plaintiff asked the court, among other things, to determine whether, ‘‘Having regard to the provisions of Sections 80(2) (3) & 81(1) & (2) of the Constitution of the Federal Republic of Nigeria, 1999 (as amended), whether the President of the Federal Republic of Nigeria or any other person acting on his instructions can lawfully withdraw and expend monies from the Consolidation Revenue Fund or any other public funds of the Federation without authorisation by an Appropriation Act, Supplementary Appropriation Act or any Act of the National Assembly.’’
Bakare stated that the group was ready to give “reasonable time” before its planned protests on the subsidy fraud.
He said, “We are ready to extend the rope to see what comes out of the Economic and Financial Crimes Commission’s promise within a reasonable time.”

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